Category Archives: Finance Guide

What Year Did Car Insurance Become Mandatory?

Car insurance provides financial protection against damage to a vehicle and liabilities associated with accidents, including expenses such as repairs, medical bills and legal claims. Car insurance is mandatory across most U.S. states; however, individual state laws vary accordingly. Massachusetts was the first to introduce mandatory coverage requirements in 1925 followed by Connecticut and Virginia […]

How Do Tickets Affect Insurance?

How much your car insurance rates increase due to a speeding ticket depends on several factors, including severity of violation, state/insurer/driver history etc. Your chances of successfully challenging a traffic ticket depend upon its severity and the county where it occurred; other violations could also impact your premiums. Speeding Tickets One of the most frequently […]

What an Online Car Insurance Site Can – And Cannot – Do For You

Despite their merits, you need to be aware that these websites have limitations. You will often need to combine online shopping with good old-fashioned phone calls to find the best car insurance price. This combination approach to car insurance shopping can help you overcome some limitations and still get the best value. A reliable car insurance comparison […]

How a speeding ticket impacts your insurance in Georgia

The National Highway Traffic Safety Administration (NHTSA) reports that there were 9,378 automobile fatalities in 2018 in which at least one of the drivers was speeding. Though speeding is usually treated as a misdemeanor in Georgia, speeding is taken seriously and fines increase as the severity of the speeding increases. The premiums you pay to insure your car can […]