Some insurance agencies are enticing customers by offering “vanishing deductibles” on car insurance policies. Purportedly meant to encourage safe driving, the plans take, say, $100 off customers’ deductibles for each year they don’t file a claim. For example, if a customer’s deductible starts off at $500 and five years pass without a claim being filed, the deductible vanishes completely and the customer doesn’t have to pay anything when he finally files a claim. [More]
NHTSA Postpones Rearview Camera Requirement For New Vehicles
By February 29, 2012
A rule that would require all new automobiles to include a rearview back-up camera by 2014 has been postponed by the National Highway Traffic Safety Administration. It was expected that the new regulation would have been announced today, but instead, the agency said they need to look into the matter more before finalizing it. [More]
