auto insurance

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More Strapped Drivers Kick Insurance to Curb

(Newser) - As the economy sours, a stunning number of drivers are cutting back or dropping their insurance, MSNBC reports—and that has regulators and safety activists worried. “We may be looking at record numbers of uninsured motorists across the nation,” said the president of the Northwest Insurance Council. An...

Lost Your Job? Hyundai Will Buy Your Car Back

New incentive plan offers mostly risk-free ownership for a year

(Newser) - With rebates and other incentives failing to entice buyers, Hyundai is letting hard-luck owners return their cars, CNNMoney reports. Buyers who can't make payments because they got fired or went bankrupt are allowed to trade cars back with little or no obligation, within a year. "The goal is that...

As Money Woes Rise, Drivers Let Insurance Lapse

Jobless Americans can't afford insurance

(Newser) - As the unemployment rate climbs, so, too, does the number of drivers letting their car insurance lapse, the Wall Street Journal reports. One industry group says several hundred thousand drivers dropped their insurance in the last year alone. A study two years ago pegged the percentage of uninsured drivers at...

Insurance Guzzles Savings From Fuel-Efficient Cars

Trading down to save money on gas results in higher premiums

(Newser) - Think you’re saving money by driving that small, fuel-efficient car you traded in your SUV for? Maybe, but you’re probably paying more for your insurance—a lot more, reports the Wall Street Journal. In accidents, small cars tend to sustain more damage, and occupants more injures, than larger...

Missing Airbags Threaten Drivers of Used Cars

Some dealers ditch safety for cash in 'life-and-death scam'

(Newser) - Used-car buyers, beware: Missing or ruined air bags are posing a threat to unsuspecting drivers’ lives, an NPR investigation finds. Some dealerships put greed over safety and sell cars that have been in accidents without replacing the protective pouches. Instead, they may stick faulty air bags back in the car,...

Calif. Mulls Pay-as-You-Drive Insurance to Cut Costs, Miles

Option available in 34 states seen to help costs, environment; invasiveness an issue

(Newser) - An alliance of insurance companies and environmentalists are pushing to bring  pay-as-you-drive auto-insurance, available from a handful of companies in other states, to California in a big way, the Los Angeles Times reports. The system, which charges premiums based on mileage, as recorded by a GPS tracking device, gives drivers...

The Good in $4 Gas
 The Good in $4 Gas 
GLOSSIES
Jul 2, 2008 12:03 PM CDT

The Good in $4 Gas

Less obesity, traffic, and accidents, for starters

(Newser) - The rest of the world may have thought it would never happen, but energy prices are beginning to change Americans' behavior. Time notes some positive aspects:
  1. Jobs lost to globalization return, because energy costs make international shipping unattractive.
  2. Suburban sprawl is slowing as people choose to live closer to cities.
...

Sioux Falls, SD, Is Safest for Driving: Study

Residents wreck once every 14.6 years; DC worst at 5.4 years

(Newser) - Sioux Falls, SD, is the safest US city to drive in for the third year in a row, according to an insurance study. Allstate found that Sioux Falls drivers average an accident only once every 14.6 years, compared to a national average of once every 10, the AP reports....

Teens Brake on Driving at 16
Teens Brake on Driving at 16
Feb 25, 2008 4:24 PM CST

Teens Brake on Driving at 16

Rising costs, tighter laws make many aspiring motorists wait longer for licenses

(Newser) - Turning 16 has long been a rite of passage, but many teens are holding off on that first ticket to freedom: the driver's license. The percentage of 16-year-olds licensed nationwide fell from 43.8% in 1998 to 29.8% in 2006, the New York Times reports. States are tightening underage...

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