Statistically, married people are safer drivers than unmarried people, and car insurance premiums vary accordingly One of the things that Dan had to take care of after his wife died was taking her off the car insurance policy. While the GEICO employee he spoke to was very kind and helpful, his new premium caught him by surprise. Removing his wife from the policy didn’t cut it in half: it raised it by ten percent. [More]
Sasha, a 9-year-old Lab mix in Colorado, was hit by a minivan while walking her human last week. She survived the accident with damage to her liver, lungs, and diaphragm that may require surgery. While her person clearly considers her a family member, the law and the driver’s insurance company see things differently. Injuries to dogs are property damage, and the company “totaled” out the dog. They did not haul her off to a dog junkyard to be used for parts. [More]
James thinks that he might be the victim of a scam. Or a prank. Something strange is going on, with fraudulent credit card charges and phone calls from car insurance companies that he never requested. He’s not sure whether the two things are even related, or what they could mean. [More]
Have you ever tried to reach the “claims department” of Hertz? Mark was in a car accident with a Hertz customer, and isn’t able to get hold of anyone. Either this department is grossly understaffed, or it doesn’t exist. [More]
Everything from what magazines you buy to how much television you watch could be used by insurance companies to determine whether you’re a risky client or not, and when you might die. [More]
Somewhere in upstate New York, a mysterious dump truck rolled down a hill, hitting Jennifer’s partner’s vehicle and one other car. While it’s wonderful that no one was hurt, now the incident has turned into a consumer issue. The truck owner’s insurance company doesn’t want to accept fault for the incident, leaving Jennifer’s partner to file a claim against his own meager insurance. How, she wonders, can they fight back? [More]
Natalie separated from her husband and called Geico about separating her car insurance from her soon-to-be ex, but was told the rate would go up quite a bit. She’s feeling discriminated against: [More]
Sean received an exciting promotional letter from Nationwide Insurance a few weeks ago. Did you know that Nationwide has its own imaginary patron saint? It’s true! Is this mailing a lighthearted way to sell the idea of “accident forgiveness,” or a culturally and religiously insensitive ad campaign? Sean thinks it’s the latter. What do you think? [More]
It almost seems like a bad joke from a Geico commercial: I lost my job, but the good news is I just saved a bunch of money on my car insurance! [More]
Adam says his brother thought he had car insurance through AAA, but discovered when he was pulled over that the company had dropped him without notifying him. Then he got stuck with two $600 tickets in the same day for driving without insurance. [More]
Despite what certain geckos would have you believe, the art of saving money on car insurance goes beyond doing whatever television commercials tell you to do.
When your credit score sustains a dent, make sure your car doesn’t. Because higher car insurance is just what you need when you’ve lost your job. Auto insurers use customers’ credit scores as part of the formula to determine premiums. Shop around—different companies assign different weights to credit score in their calculations. [MainStreet.com]
According to an Email received by reader Jessica, Progressive Auto Insurance is increasing rates for New York Customers by nearly 20%. And the best time to announce this? Christmas day, of course!
Four Ways to Improve Your Resume [Yahoo Hotjobs] “Here are four tips on how you can power up your resume for today’s more competitive job search arena.”
You’re dead: Where’s your 401(k)? [MSN Money] “If you should die before spending all your hard-earned retirement savings, any number of things could happen to the remaining money. Don’t let it fall into the wrong pockets.”
7 Secrets to Picking Great Funds [Kiplinger] “These methods will help you choose wisely and give your portfolio a boost. Some may surprise you.”
When Should You Downgrade Your Car Insurance? [The Simple Dollar] “How do you know when the time is right to downgrade your car insurance?”
4 Ways to Reduce a Gadget’s Power Drain [Smart Money] “Here are four ways to cut your gadgets’ energy consumption.”
— FREE MONEY FINANCE (Photo: PaulBarwick)
The smartest advice I ever got [CNN Money] “40 great minds share the best money lessons they ever learned.”
State Farm: This 1963 Chrysler Newport Is Not An Antique, Unless You Give It A Fresh Coat Of Paint. What?
Humphrmi’s 1963 Chrysler Newport has antique license plates, meaning he can’t drive to or from anywhere other than car shows, shops and parades; but State Farm won’t insure the car as an antique unless it gets a new coat of paint. “You have to paint the car,” they said, to avoid a 33% higher premium. Does this strike anyone else as insane?
9 big credit card myths [MSN Money] “What you don’t know could hurt you.”