Friday, May 4, 2007
10% of UK Motorists lie to insurers...
Admiral has warned motorists they risk invalidating their car insurance policies if they are caught out in a lie...
UK Motorists try to dodge paying insurance...
Should I add my teenager on my insurance?
California insurers targeting illegal drivers
California has been attempting to cut down on levels of illegal immigrants by denying them driver’s licenses but auto insurers are now increasingly targeting unlicensed illegal immigrant drivers as a potentially lucrative market.
For decades, California routinely issued driver’s licenses to foreign citizens regardless of their immigration status. But, when it began tightening up its requirements amid a general backlash against illegal immigration, many illegal immigrants found that they couldn’t renew their licenses - and so their car insurance was automatically canceled.
Some auto insurers, however, were quick to see a huge opportunity. California law doesn’t bar companies from selling insurance to unlicensed motorists. So, insurers, including some major ones like Progressive Corp., are covering illegal-immigrant drivers, often charging them premiums way above the normal market rate.
Jose Catano, an independent agent with five locations in Southern California, uses Spanish-language radio in order drum up business with illegal immigrants, using a slogan that refers to Gov. Schwarzenegger: ‘‘Arnold won’t give you a license, but Catano will give you insurance.’It seems an apparent contradiction but, for now, the insurance companies are very happy about it...
Florida drivers set to save $hundreds
State Farm says a middle-aged female driver in Tampa pays about $565 every six months for a comprehensive auto package; that would drop to $455 with the expiration of PIP. An older male driver would see his $500 bill fall to $402. And a male teenage driver now paying about $1,675 in Tampa would see his bill drop to $1,280.
So, Florida residents are praying for continued sloth from Florida lawmakers!