Carscoops

MAY 4, 2024

A Rivian R1T owner took his truck to a certified repair shop after a minor accident. The repair bill ended up costing $21,149.16. Equally wild though can be the repair bill that results from body damage. When a semi-trailer collided with an R1T, the owner sought repair at a certified shop. in this case.

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Best Selling Cars Blog

MAY 6, 2024

Driving without insurance coverage is an issue that carries significant consequences, yet it remains a common practice among motorists. Some drivers opt to take this risk due to financial constraints, finding the cost of insurance premiums unaffordable or unjustifiably high relative to their income or perceived need.

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Carscoops

AUGUST 17, 2024

Car insurance premiums will rise by 22 percent during 2024, industry analysts predict. A combination of higher vehicle prices and repair costs, weather-related claims and legislative changes are being blamed for the spike. Get ready for a nasty shock the next time you need to renew your car insurance.

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Carscoops

JANUARY 28, 2024

Automotive insurers in Britain have refuted allegations of profiteering following a massive 50 percent increase in the cost of insuring electric vehicles in 2023. As a result, drivers in the country are now paying nearly double the insurance premiums compared to owners of internal combustion engine (ICE) vehicles.

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Carscoops

JUNE 22, 2024

The lawsuit accuses BMW of hiding the problem and not covering repairs under warranty. ” More: Gap Insurance Refused To Pay BMW Owner $19,000 Over 60 Cent Clerical Error On top of making claims about an alleged defect, the lawsuit suggests BMW is actively trying to conceal the problem.

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Best Selling Cars Blog

OCTOBER 24, 2024

One of the most critical steps following an accident is dealing with insurance companies. Insurance plays a vital role in covering medical expenses, vehicle repairs, and other costs that arise from the accident. The goal of insurance companies is to settle claims quickly and for as little money as possible.

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Drive.com

JULY 29, 2024

Will Tesla’s brand-specific insurance coverage help lower rising costs for Australian EV owners? US electric car giant Tesla has launched its brand-specific insurance cover in Australia, but some customers aren’t happy with the quotes they’ve received. RELATED: Are Teslas expensive to repair? We find out.

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CarExpert

MAY 22, 2024

New research from Compare the Market has revealed that owners of black cars are paying more for insurance in Australia than any other colour. While not all insurers adjust their pricing based on exterior colour, those that do were found to increase comprehensive insurance premiums by as much as 8.72 per cent on average.

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Carscoops

MAY 6, 2024

The manipulated photos are then used to file an insurance claim. It was accompanied by a fake invoice, claiming the vehicle required more than £1,000 ($1,256 / €1,165) in repairs. ” The firm also said image manipulation has “all the signs of becoming the latest big scam to hit the insurance industry.”

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CarExpert

JULY 28, 2024

Insurance company Zurich has forged an agreement with Tesla , becoming the electric vehicle (EV) brand’s preferred insurance provider in Australia. Like other Tesla features, the insurance product is available to Australian owners via the Tesla smartphone app.

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Carscoops

MAY 14, 2024

In her lawsuit, she claims that the insurers deliberately lowballed consumers so that it wouldn’t have to pay for repairs, and could recoup money at the scrap auction. “When an insurance company underpays its customers for a totaled vehicle … That can lead to job losses and even homelessness.”

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Auto Blog

JANUARY 11, 2024

Filed under: Auto Repair , Insurance , Ownership Continue reading Car insurance cost rose 20% in December, biggest jump in decades Car insurance cost rose 20% in December, biggest jump in decades originally appeared on Autoblog on Thu, 11 Jan 2024 17:13:00 EST. Please see our terms for use of feeds.

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Drive.com

JANUARY 22, 2024

Buying an EV certainly saves you money on fuel costs, while helping to save the planet, but why do you get slugged extra when taking out car insurance? On top of the upfront expenses and the costs of charging, you’ve also got a range of EV running costs, from maintenance and repairs to registration and insurance.

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Drive.com

APRIL 1, 2024

Insurance claims for electric cars are an increasingly complicated issue – and experts are calling for better protocols to safeguard consumers. ” The couple, from a remote part of Central Queensland, proceeded to make an insurance claim – and that’s where the problems began.

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Carscoops

FEBRUARY 17, 2024

Car insurance rates have surged across the board, as reported by numerous official sources. The reasons vary from the ever-present specter of inflation to a surge in auto thefts and escalating repair costs, among others. Insurance premiums surged by a whopping 20.3%

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Carscoops

MARCH 20, 2024

Now, an unfortunate accident has resulted in one of the largest auto insurance payouts in the country’s history. As a result, the insurer ultimately deemed the car a total loss and compensated the owner with €530,000 (approximately $574,800), marking one of the largest payouts in Finnish history.

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Carscoops

OCTOBER 7, 2024

A viral tweet claimed that Geico had declined insurance coverage for the Tesla Cybertruck, causing confusion. In a clear statement, the insurer confirmed that it still offers nationwide coverage for the Tesla Cybertruck and other EVs. Had it been true, it likely would’ve triggered a domino effect with other insurance providers.

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CarExpert

SEPTEMBER 19, 2024

Electric vehicles (EVs) typically remain more expensive to insure than combustion-powered and hybrid vehicles, according to claims data from insurance company Youi. The insurer has provided data showing the median premium for EVs, hybrids and combustion-powered (ICE) vehicles across model years 2022, 2023 and 2024. Browse now.

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CarExpert

MAY 6, 2024

Artificial intelligence (AI) is being used to detect cancer cells, write essays… and commit insurance fraud. Scammers have been caught using AI technology to doctor photos for fraudulent car insurance claims, often adding fake damage from an accident that never happened.

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Auto Remarketing

AUGUST 9, 2024

Two of the growing factors impacting electric vehicles are charging them and securing affordable insurance, and three research projects shed more light on those elements of EV ownership and how consumers are adjusting. A separate report from LendingTree insurance site ValuePenguin.com might explain why. Here’s some evidence of why.

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Carscoops

MARCH 12, 2024

But you’re almost certainly paying a heap more to insure that new car , according to new government figures. Related: Chinese EVs Become Virtually Uninsurable In UK Even Though There’s Nothing Wrong With Them Higher repair costs have influenced insurance prices There is some good news for drivers, though.

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CarExpert

MAY 23, 2024

Australian electric vehicle (EV) owners are paying more to insure their cars than those who opt for equivalent petrol and diesel models, but that might not be the case for long. The ICA’s report also touched on how the low risk but high ferocity of EV fires can affect insurance industry’s coverage of battery-powered vehicles. “The

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Motor Trader

JULY 19, 2024

Assurant and Revive have signed a new cosmetic car insurance deal in response to increased dealer and motorist interest in car cosmetic products As a result of the exclusive five-year deal, cosmetic car insurance from Revive! Auto Innovations will be offered to over 3,000 UK dealers who retail motor warranty products from Assurant.

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Carscoops

JANUARY 23, 2024

If you’ve recently tried to renew your car insurance and had a nasty shock, you’re not alone. Industry experts put the spike down to a combination of factors including the increased cost of new vehicles, and rises in the cost of labor and parts that negatively impacts repair bills. percent between November and December.

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Autocar

JUNE 3, 2024

What does cost to insure an EV and how can you get those premiums down? Our guide explains all With petrol and diesel cars being phased out in favour of electric cars, increasing numbers of motorists are facing the prospect of insuring an EV for the first time. Is EV insurance different from regular cover? Not always.

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Motor Trader

JANUARY 28, 2025

Halfords has raised its profit forecasts for 2015 despite warning that it will take a hit from the increase in national insurance announced in the Budget. sales increase in its service, maintenance and repair (SMR) business. The company said year on year Q3 delivered 10.3%

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Auto Blog

MARCH 16, 2024

Filed under: Auto Repair , Driving , Insurance , Ownership Continue reading American drivers can't catch a break on car insurance rates American drivers can't catch a break on car insurance rates originally appeared on Autoblog on Sat, 16 Mar 2024 10:00:00 EDT. Please see our terms for use of feeds.

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AutoSuccessOnline

MARCH 18, 2024

That’s why the anticipated upswing of the auto insurance market in 2024 — and lower insurance rates that come along with it — should have dealers celebrating. Inflation wrecked the auto insurance market in 2023. The degree and quickness of the rise in inflation caught insurance carriers by surprise.

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AutoDealer Today

AUGUST 20, 2024

Though rates may be stabilizing, many pay out of pocket for repairs, shop for new carriers.

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Auto Blog

JUNE 21, 2024

Filed under: Auto Repair , Driving , Insurance , Ownership Continue reading Study: Insurance claims have become significantly more severe since 2020 Study: Insurance claims have become significantly more severe since 2020 originally appeared on Autoblog on Fri, 21 Jun 2024 13:15:00 EDT.

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Carscoops

JULY 24, 2024

The plaintiffs are seeking compensation for damages, fees, and repair costs. Read: GM Stops Sharing Driver Behavior With Data Brokers And Insurers After Lawsuit The plaintiffs say they expected their high-end vehicles to have good-quality paint, and had they known about the issues, they may not have bought them or paid less.

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Carscoops

DECEMBER 15, 2024

A Tesla Cybertruck whose owner says it was damaged by a pothole in the road needed $34,000 of repairs. Fortunately his insurance company payed out for the extensive fix, which sidelined the EV for almost four months. ” A pothole and $32,000 of repairs later he still loves the truck! Yes, thirty-four grand.

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Drive.com

JUNE 9, 2024

A hefty insurance bill on a new car can dampen anyone’s mood. To avoid the heartache, here are the cars that are more expensive to insure. Buying a new car can be an exciting but costly process, especially if your insurance costs are higher than you might expect. RELATED: Can you claim your car insurance on tax?

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Drive.com

OCTOBER 3, 2024

New research by an insurance comparison site claims electric vehicles cost a lot more money to insure than their petrol-only equivalents in 2024. ASIC warns car buyers of hidden insurance policies Electric cars are almost 50 per cent more expensive to insure than their petrol-powered equivalents in Australia, new research claims.

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Motor Trader

FEBRUARY 20, 2025

Dealers who offer service plans, cosmetic repair insurance and extended warranties are achieving higher levels of customer satisfaction, according to findings from JudgeService surveys which reached over 436,100 customers. Other popular upsells were finance with a 13% increase to 82% and paint protection, up 13% to 82%.

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Drive.com

AUGUST 21, 2024

Ford is yet another car brand to wade into the competitive insurance game, but buyers should always pay close attention to the fine print. Ford Australia is dipping its toes into the insurance business, with a newly developed insurance product called Ford Insure being launched in Australia.

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Drive.com

OCTOBER 13, 2024

Proposed changes to legislation relating to whether repairable write-offs can be allowed back on the road could mean older vehicles are inadvertently wiped out. However, enthusiast insurance firm Shannons says the proposed changes would mean many classic cars which could easily be repaired won’t make it back on the road.

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