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Hidden Car Insurance Rule Leaves Drivers Furious And Short-Changed

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#1 Jesse Jimmie

Jesse Jimmie

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Posted 24 September 2015 - 08:15 AM

If you haven’t heard yet, right now there’s a huge uproar within the auto insurance industry.

After a recent investigation, millions of car drivers have discovered they have been overpaying for their car insurance, needlessly, for many years. Shockingly, in many scenarios drivers were paying up to 50% more than they should be.

This adds up to thousands of dollars for each of the many consumers affected. The simple truth is, insurers use a scheme which they refer to internally as “Price Optimization”, to charge some of their customers much more than others. For the time being this tactic is legal, and it has resulted in a huge boost in profits for insurance companies.

http://economyobserv...e/?cli=23723968

 

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Posted 24 September 2015 - 03:43 PM

7 Insurance Tricks That Cost You Money
 
Is there a way to get insurance against insurance? For some who have been victims of the scrupulous practices of some insurance companies, they probably wish they could purchase some protection against their insurance. Sadly, we often feel like we're at the mercy of the insurance giants, but there is a way to level the playing field: education. If you know their tricks, you know how to avoid them. 
 

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#3 status - Flo

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Posted 24 September 2015 - 03:46 PM

Your Car Likely Has A Black Box 'Spying' On You Already

Many drivers don’t realize they already have a black box, though the law does require that manufacturers provide notice in a car’s manual (which I’m sure most car owners read ever so closely). Black boxes have been a source of info in countless criminal cases to show how fast a driver was going when he or she slammed into pedestrians or another car. Though, in one recent case, a court threw out the black box evidence used against a California man to convict him of vehicular manslaughter because the police pulled the data from the black box of his SUV without getting a warrant first.

 

Progressive ripoffs!

 

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