In a shocking incident, Jaime Antonio Tavares acquired a broken hand to try and get coverage for his medical bills just after stating on September 14 after the crash that he wasn’t injured.
Tavares claimed $5000 for his mustang after the collision and also an extra $1500 for a car that was rental from liberty mutual. [...]

Continue reading " 423 Frauds Cracked Down By Task Force "

Many consumers believe the insurance rates they are paying are very high and in some cases are beyond the budget of many families. Auto insurance is an essential for road vehicles. The younger generation of working class people who are still stepping stones to their success find the cost of insurance very high.
Most consumers below [...]

Continue reading " Students opt for less expensive Insurance Policies "

As the recession in the US has brought about financial difficulties to millions of its residents, it is significant to retain existing customers.
Customer retention is absolutely important for those insurance agencies that have long term profit goals says the report given by JD power and associates.
The report showed that 30% of the households who earned [...]

Continue reading " Retaining customers hard due to recession "

A total of 24 individuals have been reported to be charged with interstate auto insurance fraud. According to reports, 17 of them are New York citizens, 6 are from New Jersey, and 1 is a driver from Pennsylvania. Charges have been filed against the unnamed individuals for committing car insurance fraud and other charges of [...]

Continue reading " 24 Interstate Scammers Charged of Auto Insurance Fraud "

The New York State Insurance Department (NYID) is planning to change some regulations for no-fault auto insurance in order to help reduce fraud which is hitting many carriers as of late. If not stopped, frauds could contribute to the increase of premium costs for policyholders.
Superintendent James Wrynn says state regulators are trying to be vigilant [...]

Continue reading " NYID Proposes Auto Insurance Reforms "