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Drivers opting for eco-car insurance

Motorists are gaining increasing access to competitively priced environmentally-friendly car insurance, it has been suggested.According to a study conducted by moneysupermarket.com, more insurers are providing reasonably priced cover to drivers concerned about their carbon footprint.Director of insurance Richard Mason said: "Many drivers are concerned about their impact on the environment and in an effort to go green have been tempted to opt for eco-friendly insurance."Earlier this year, Mr Mason advised that unless firms lower the price of green premiums, drivers should look around for a competitively priced insurance product which most suits their needs and donate any extra savings towards environmentally-friendly causes.Meanwhile, sales of hybrid cars are set to double in Britain over the course of 2007, according to the Society of Motor Manufacturers and Traders.Earlier this week, a study by emedia indicated 34 per cent of tourists would be willing to spend more money to offset the impact they make on the environment while away.However, Robin Bailey, Nationwide insurance director has warned all tourists to ensure that some of their holiday budget goes towards a comprehensive travel insurance policy to help protect themselves against medical emergencies or cancelled flights.© Adfero Ltd

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Outright offers insurance policies to service forces

Forces Financial (formerly NAAFI Financial), has teamed up with OutRight to offer servicemen and women Car, Household, Motorcycle, Travel and Kit and Contents Insurance policies that meet the specific requirements of their demanding careers.

The Forces Financial car insurance policy provides cover for personnel whether serving in the UK, Northern Ireland, Germany or Belgium. Furthermore, the scheme offers optional airside cover, for vehicles taken onto a military airfield, legal assistance and overseas breakdown cover. The kit and contents policy...

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CarInsurance.com Enters Michigan Auto Insurance Market

ALTAMONTE SPRINGS, Fla., June 4 /PRNewswire/ -- CarInsurance.com has expanded its auto insurance agency into Michigan to sell auto insurance, making it the 21st state where it does business as an online insurance agency. CarInsurance.com offers insurance products in all 50 states, Canada and the United Kingdom. CarInsurance.com said it is offering Michigan residents insurance coverage through Esurance, Safeco Insurance, and Unitrin Direct. CarInsurance.com has brought lower rates to Michigan and offers competition by bringing insurance carriers directly to the consumer and by lower insurance costs through technology. "We recognize that shopping and comparing rates is the only way to save on car insurance," said David Fitzgerald, Executive Vice President and CIO of CarInsurance.com. "We strive to give consumers a simple, efficient, safe experience on our website.


Lone women drivers warned of risks

The warnings come after three incidents in Birmingham within in the last month has seen small gangs target female motorists, assaulting and forcing them to drive to cash machines to withdraw money before seizing the vehicle. With property stolen from a car every 13 seconds in England and Wales most car insurance providers now offer security features, which could help protect your car from crime. Some motor insurance providers can offer electronic trackers that help the police track a stolen car. Commenting on the events in Birmingham, Thornhill road police detective inspector Bob Bradford advised people to "lock their doors when driving" and lone women to be "mindful of personal security at all times". With the price of car insurance differing upon where you live and the according crime rates taken into consideration, uSwitch.com advises drivers to make sure they get the cover they need given that third party cover is of "no use in the event of your car being stolen".On average, female drivers could save up to £80 on their women's car insurance with Kwik-Fit Insurance, research from last year found.© Adfero Ltd
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Car insurance fraud racket discovered

Today federal agents announced success in cracking a sophisticated insurance fraud scheme.

Take a look at any street, and you would think cars are there for transportation.

But the U.S. attorney this morning revealed a scheme where all the cars involved were made simply for fraud.

The U.S. attorney's office, the FBI and U.S. postal officials have been investigating this case.

They say these crimes involved at least 22 people.

It was a very complicated scheme. Damaged vehicles were purchased, they were then titled out of state.

Then they staged accidents with those retitled automobiles and then submitted phony insurance claims.

"We saw that there was a nexus of people in the indictment that participated together commonly in painting these vehicles, and retitling them, so that they would be worth more money, then bringing them in and committing insurance fraud," said Richard Roper, U.S.


 
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