Search Results for: insurance

5 Ways to Reduce Your Bike Insurance Premium

You should be aware that if you have a motorcycle in India you are required to insure it. Statistics show that India has the highest number of two-wheeler crashes compared to other countries. This alone highlights the importance of having insurance on your two-wheeler. Insurance is essential and should not be ignored. However, it can be costly […]

Correlation Between Credit Score and Insurance Rate

If policyholders do not reside in one of these areas, it is likely that auto insurance providers will use more complicated calculations to determine their premiums. Other factors, such as credit score and involvement in accidents or traffic violations, age, average annual miles, and eligibility for discounts, play a role in determining the premium. It is obvious […]

Policyholders’ Rights in Auto Insurance

Insurers may take advantage of policyholders’ inability to understand their rights, and use this knowledge to engage in improper business practices. These are 10 things that policyholders and auto applicants need to be aware of. 1. Insurers are required to inform applicants if they deny a request. Most states require that companies explain why an application is denied. The […]

Is Mobile Telematics Technology Promising for Auto Insurance?

Mobile technologies are needed to monitor driving habits in an age when millions of people die from road accidents. WHO estimates that road accidents cause the deaths of 1.25 million people annually. WHO estimates that accidents will be the seventh leading cause for death globally. Do these numbers make it necessary to panic? What education is needed to […]

Average cost of car insurance in Minnesota

Minnesota’s average cost for car insurance is $537 annually for minimum coverage, and $1643 annually to insure full coverage. This is slightly lower than the national average of $565 for minimum and full coverage, and $1,674 respectively. These rates are an average rate, but there are many factors that will determine the actual rate you pay when you […]