The insurance companies, in their effort to boost their bottom line, are now asking people to install computers in their cars that will track their driving patterns. The insurance companies argue that this will allow them to determine who is…
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High School Students and Auto Insurance
The California Department of Insurance has issued a press release. This time they are tackling something useful: high school students and auto insurance. One day per semester, including summer school, I go to one of the local high schools and…
Some Dogs will Increase Your Insurance Costs
Yes, its true – Rover could cost you money. Some insurance companies have a list of “high risk” dogs. The insurance companies believe that certain breeds of dog are more likely to bite than other breeds. They do not take…
3 Myths about Insurance
MSN has a great article about insurance myths. Here are their 3 top insurance myths: Your benefits should be equal to your premium payments Insurance should cover events that are likely to happen Insurance is a rip-off, so you should…
National Catastrophe Insurance?
I have previously posted on the California Insurance Commissioner’s attempts to change the system for covering natural disasters, called catastrophes in the insurance business. On Thursday, insurance industry leaders met to discuss a federal insurance program. Proponents want this to…
Who to insure with?
I was reading through Google groups (which can be fun reading!) today and there was a discussion about what insurance company people should get. One person was looking for insurance and others were chiming in with their opinions. The answer…
Who’s insurance do you make a claim against?
There are a lot of situations where more than more insurance policy can apply. For example, if you are in a condo or townhouse, your neighbor may have a water leak that damages your property. In a business situation, the…
Business Insurance for Home Based Businesses
A person on Google groups posted about looking for business insurance for his welding business. He had a hard time finding this insurance. Here are some ideas for people looking for hard to find insurance, such as small business, or…
Jockey Insurance Update
On November 14, 2005, I posted about the problems of our nation’s jockeys in obtaining heath insurance. Quick update: the jockey’s guild fired their leader over his mismanagement of their insurance policies. It appears that the jockeys understand the importance…
California Fair Claims Practices Act
A lot of people are unsure of their rights when they have an insurance claim. The insurance companies are supposed to send you a letter explaining your rights, but somehow it does not make it to everyone. However, I found…