Tag: auto insurance
If a consumer with a new auto loan has their car stolen, or gets into an accident, insurance companies will pay for the current market value of the car, but not what a borrower owes a lender. If a driver prepared ahead of time and purchased GAP insurance, that would cover the difference in between the two numbers. Not all consumers have this coverage though and it can make a big impact, especially for those who drive one of the top five stolen vehicles, as revealed below. But fortunately, not every auto heist is well-planned either.
Car insurance is one of those things that every driver is required to have, but also one that not everyone actually has. In fact, in the United States, 16% of drivers are uninsured at any given time. In the infographic below, published by Enhance Insurance, you’ll discover some not so well known statistics and interesting facts about car insurance that you might not have previously known.
There are many ways that you can become a victim of organized insurance fraud. It can result in huge insurance claim costs paid by your insurer and consequently, your premiums going up. Or, it could be even worse – you could be injured during an auto fraud accident! This infographic from InsurEye demonstrates the 3 most frequent auto insurance fraud scenarios to help Canadians to recognize and avoid them.
As a proud insurer of the sole tradesman, Autonet thought it would be a great idea to produce an informative yet fun infographic of the well know ‘White Van Man’. With 2.5 million white vans on the roads today, you may be pleasantly surprised by the results in the infographic and might also discover a few things you never knew.
‘Tis the season for political sparring. It’s so contagious we figured we’d take something we all pretty much agree on — the need for car insurance. The infographic below by CoverHound.com turns this consensus into a fractured contest, pitting Democrats against Republicans in a battle for all the marbles: lower car insurance bills.
Car insurance can be costly, this we know. But one of the biggest questions many have with regards to car insurance is, why does it go down when we turn 25 and why do you have to be 25 to rent a car? This infographic illustrates the many reasons why you must be 25 to rent a car and why car insurance drops after your turn 25.
Have you ever wondered how your car insurance is priced? This infographic from Cheaper Car Insurance.com covers many variables that affect the cost of your insurance. For instance: If you live within one mile of a gas station your probability of making a physical damage claim is 22% higher then somebody who lives further away from the gas station.