June 4, 2020 Does auto insurance cover cars damaged in demonstrations? SAN JOSE, Calif. KGO) — We’ve seen the videos of cars on fire, and windows smashed. One of the earliest was on the freeway in San Jose last Friday. A couple of drivers, caught behind a blockade, drove away with broken windows. So is anyone…
June 1, 2020 Wise UP and save on your insurance Wise UP and save on your insurance As households across the nation look for ways to cut costs while dealing with record job losses and sheltering in place, UP has suggestions for reducing insurance premiums without sacrificing asset protection. – Consider increasing your auto and…
May 20, 2020 When To Drop Collision & Comprehensive Insurance If you own a car, you don’t have a choice about buying certain auto insurance coverage types. Depending on your state, you’ll be buying some combination of liability auto insurance, uninsured motorist coverage and/or PIP insurance. Collision insurance pays for damage to your car after…
April 17, 2020 INTERVIEW: Amy Bach On Insurance Rebates Daniel Trucios talks to Amy Bach, Executive Director of United Policyholders, about insurance rebates, effectiveness, future charges, good publicity and business interruption insurance.
April 7, 2020 Why isn’t car insurance cheaper as we all stay home? Chris Norlin, like so many others, is hardly ever behind the wheel these days as he follows guidelines to stay at home and play hide-and-seek with the coronavirus. Which naturally leads him to wonder: Why is he still paying so much for car insurance? His…
June 15, 2019 Why Safer Cars Don’t Lead To Cheaper Car Insurance … Yet Many new cars sold today can take preemptive action to help prevent crashes — hitting the brakes before a collision, steering around obstacles or alerting drivers to hazards in their blind spots. Those safety features — collectively known as advanced driver-assistance systems, or ADAS —…
September 24, 2018 Guest Blog: The Supreme Court of FL Rules in Favor of Policyholder on Application of Florida’s Bad Faith Law By Molly Chafe Brockmeyer, Esq., Boyle & Leonard, P.A., Ft. Meyers, FL. UP Volunteer On September 20, 2018, in a case where UP weighed in as amicus curiae, the Supreme Court of Florida issued its opinion, affirming Florida’s long held bad faith precedent. The state’s high…
October 1, 2017 “Total Control” Tip of the Month, October, 2017 An insurance company’s decision whether to classify your severely damaged car as fixable or a total loss has big dollar significance to you, the policyholder. You can influence that decision with proof of the vehicle’s pre and post loss value. Depending on the extent of…
September 19, 2017 Florida’s Insured Losses From Irma Reach Nearly $2B and Growing Florida policyholders so far have filed nearly $2 billion in claims to insurers for damage from Hurricane Irma, the state’s insurance regulator said on Monday. The estimate of insured losses is based on preliminary statewide data that insurers filed with the Florida Office of Insurance…
September 18, 2017 Collecting insurance benefits for a hurricane-damaged car Hurricane Harvey (2017) damaged as many as 500,000 vehicles in the Houston area alone, according to preliminary estimates. This number is much higher than Superstorm Sandy (2013) or Hurricane Katrina (2005). Hurricane Irma (2017) damaged an additional 1 million vehicles across the southeast, including Florida where it hit hardest. If…
August 31, 2017 Claims Teams Begin Handling Onslaught of Harvey Claims Hurricane Harvey has set a U.S record, according to the National Weather Service, dumping 51.88 inches of rain in parts of Texas. As the tropical storm moves over southern Louisiana, claims catastrophe teams are moving in to devastated cities in Texas. AIR Worldwide reported severe…
August 28, 2017 Wells Fargo Borrower Got Unneeded Insurance, and Ruined Credit Wells Fargo has promised to make amends to the customers it forced to buy car insurance that they didn’t need. Allan Dunlap, a former Wells Fargo borrower who spent months trying to get the bank to correct an insurance error that marred his credit report,…
August 8, 2017 Wells Fargo Has Yet Another Scandal Brewing, This Time Over Car Loans Wells Fargo is in the hot seat again. The jumbo bank, which is still recovering from a massive fake account scandal that broke less than a year ago, is now under fire for its auto loan practices. The Federal Reserve Bank of San Francisco has…
August 2, 2017 Delaware Governor Carney Signs Insurance Consumer Fairness Bill On Tuesday, August 1, 2017, Delaware Governor John Carney signed into law House Substitute 1 for House Bill 80 (HS 1 for HB 80), a consumer fairness bill that targets unfair discriminatory practices by automobile and homeowners insurance companies to determine premium costs. “Insurance rates…
August 2, 2017 Wells Fargo To Repay Borrowers $80M For Insurance Charges Wells Fargo will reimburse $80 million to car loan borrowers who were wrongly charged by the bank for insurance, it said late Thursday. The 570,000 borrowers had car loans with Wells Fargo but, because “there was no evidence” that they had car insurance, the bank…
July 20, 2017 Minnesota Insurance Commissioner Acts to Protect Drivers from Unfair Auto Insurance Prices Insurance giant Farmers has been ordered to refund money, pay a penalty, and change its pricing practices in Minnesota by Insurance Commissioner Mike Rothman after the state’s Commerce Department found that the company charged higher auto insurance premiums to drivers who did not own their…
June 19, 2017 Your CLUE report could save you money on auto and home owners insurance If your car is in an accident, or your house is damaged in a storm, the insurance claims you file will wind up in your CLUE report. The trouble is most people have never heard of a CLUE report, even though the data in it…
May 9, 2017 Ga. Justices Should Weigh $8M Bad Faith Case, 11th Circ. Told The Georgia Defense Lawyers Association has urged the Eleventh Circuit to seek the Georgia Supreme Court’s guidance on whether insurance carriers may be held liable for negligent, as opposed to bad faith, failure to settle a claim against a policyholder, saying the issue is key…
