Compare car insurance rates | Car Insurance Articles

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Compare Car Insurance Rates · http://www.zippy.com.au –. Car Insurance is important because it is what protects you and your property in the event of an accident.Car Insurance is important because it is what protects you and your …   read more…

Affordable Auto Insurance Rates Compare from Leading Car Insurance … Do your homework before picking an auto insurer Shopping for car insurance has never been easier. Consumers can get quotes online or talk to an insurance agent who can provide quotes for several companies at once.   read more…

Drivers in Ontario face insurance rate hikes, but McGuinty says rates still low (The Canadian Press via Yahoo! Canada News) Homeowners insurance premiums, like car insurance premiums, life insurance premiums, and health insurance premiums are based on risk. The amount of risk that a homeowner represents is directly related to how high or low their homeowners insurance rates will be.   read more…

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Open Question: Insurance for new vehicles? I always wondered about how rates for new vehicles are calculated.

Since there can’t be any real statistics or an average for accidents, repairs or theft for a brand new model of car or motorcycle which barely has been on the market, then how can an insurance company say that a new car is going to cost so much insurance since there probably has been a very few accidents or thefts involving a newer car compared to older models. It is generally found that premiums for automobiles insurance are higher for red cars when compared to cars of other colors. Typically, to justify these elevated rates, the insurance companies will cite that an overall greater percentage of red cars are involved in accidents relative to cars of other colors. Therefore, a considerable number of lives could be saved by banning red cars from production. Which of the following indicates the most serious flaw in the reasoning of the previous passage?

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