Personal Auto Insurance – Avto Insurance http://avtoinsurance.net/ Fri, 14 Jan 2022 14:08:59 +0000 en-US hourly 1 https://wordpress.org/?v=5.8 https://avtoinsurance.net/wp-content/uploads/2021/06/icon-2-140x136.png Personal Auto Insurance – Avto Insurance http://avtoinsurance.net/ 32 32 Vic Bernardi Insurance and The Insurance Center https://avtoinsurance.net/vic-bernardi-insurance-and-the-insurance-center/ Fri, 14 Jan 2022 13:51:00 +0000 https://avtoinsurance.net/vic-bernardi-insurance-and-the-insurance-center/ CHICAGO HEIGHTS Ill. and DECATUR, ill., January 14, 2022 /PRNewswire/ — Insurance King has announced the rebranding of the two insurance agencies it acquired in Illinois. king of insurance Vic Bernardi insurance agency located in Chicago Heights, IL established in 1985, primarily known for personal auto and SR-22 insurance claims, will be Insurance King’s first […]]]>

CHICAGO HEIGHTS Ill. and DECATUR, ill., January 14, 2022 /PRNewswire/ — Insurance King has announced the rebranding of the two insurance agencies it acquired in Illinois.

king of insurance

Vic Bernardi insurance agency located in Chicago Heights, IL established in 1985, primarily known for personal auto and SR-22 insurance claims, will be Insurance King’s first physical location in the Chicagoland area. This location also serves the policies of Northwest Indiana. The office located at 710 Lincoln HWY Chicago Heights, IL 60411 is currently open during the renovation process.

The Insurance Center located at Decatur, IL Created in 2009, it offers auto, motorcycle, renters and SR-22 insurance. This office has moved to the newly renovated Insurance King at 255 E Grand Avenue, Decatur, IL 62521.

Insurance King, founded in 2001, is headquartered in Rockford, IL offering affordable cars, motorcycles, renters and SR-22s currently in CO, IA, IL, IN, KS, MO, MS, OH, TN, TX and WI. Insurance King is a sponsor of the NASCAR driver Josh Bilicki. www.insuranceking.com/

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Best Cheap Life Insurance Providers for 58 Years (Men and Women) https://avtoinsurance.net/best-cheap-life-insurance-providers-for-58-years-men-and-women/ Mon, 10 Jan 2022 20:45:37 +0000 https://avtoinsurance.net/best-cheap-life-insurance-providers-for-58-years-men-and-women/ Naomi Bishop Last updated on: January 10, 2022 At 58, you might not be officially senior yet, but it’s upon us and there are some important decisions to be made. You are probably dreaming of retiring if you haven’t already, and you might want to start traveling or discover new hobbies. If you do not […]]]>

At 58, you might not be officially senior yet, but it’s upon us and there are some important decisions to be made. You are probably dreaming of retiring if you haven’t already, and you might want to start traveling or discover new hobbies.

If you do not yet have life insurance, or are considering changing your policy, there are things you need to know, such as how your age and gender affect your policy, what insurance companies are on the lookout when it comes to a medical exam. exam and how much you will pay. It is also important to act now when looking for inexpensive 58 year life insurance providers, as some companies will not offer policies to people over the age of 60.

Now is the time to act

At 58, you have already achieved many milestones. You’ve celebrated your half-century anniversary, bought a home forever, either married a long time or made the decision to fly solo, and had a solid career in whatever field you choose. Whether or not you decide to retire or continue working, you should seriously consider finding the right insurance policy.

Also, by age 58, you have probably accumulated a lot of possessions, like a car, house, land, and other valuables that you would like to pass on to your loved ones. A life insurance policy can ensure that your family keeps it all when you are no longer around to care for them.

However, it is crucial to act now, as some companies will not offer life insurance policies to anyone over the age of 60. As you get closer to that mark, it’s best to choose a life insurance provider before you no longer qualify for coverage. It’s important to note that many companies offer policies up to age 80, but there are many that don’t.

What coverage do you need at 58?

This is obviously a personal matter, but there are ways to determine how much you need. Since life insurance is primarily used to help pay off debts like mortgages, loans, and medical bills, you need to figure out how much debt your family will have left.

Many people may not be debt free by age 58, but they have already paid off their student loans, car loans, and are probably on the verge of paying off their house. If this sounds like you, figure out how much debt you have and go from there.

You should also know how much is needed for funeral expenses in your area. Some states cost a lot more than others, so a quick search should give you an idea of ​​what your family will need.

Is there a way to lower my rates?

When shopping for affordable life insurance providers for people over 58, it’s important to note that there are certain factors that companies take into account when determining your rates. While there are some factors that you can’t change, like your age, there are some that you can work on.

Insurance companies aren’t as excited about paying for your policy as they are selling it to you, so your health will play a big role in determining how much you pay. Proving that you’ve quit smoking, exercising, and lost weight will help. You can also eat healthier and try to lower your blood pressure if you can.

Another thing you can do is avoid high risk hobbies such as skydiving and horseback riding. That doesn’t mean you have to let go of all your passions, but your insurance company won’t be happy to assure you if you think monster truck racing is fun. If you do this several times a year, that will help you too.

Choosing the Right Cheap Life Insurance Providers for 58 Years

There are many insurers out there, and all of them will probably assure you that they are the best. Rather than taking their word for it, it’s better to take some time to shop around.

Some companies require medicals, but others will let it slip for a higher rate. Then there are different policies depending on what you want. Rather than jumping on the first offer you receive, check out a variety of carriers to determine which one is right for you.

Some good places to start when you’re 58 to assess cheap life insurance providers include:

germinate

germinate

Sproutt may be new to the world of insurance, but it’s a good choice for anyone who doesn’t want a medical exam or wants an answer as soon as possible.

Some of the factors Sproutt will ask you before setting a rate include:

  1. Movement
  2. Sleep
  3. Emotional health
  4. Nutrition
  5. Balance

Here are the six types of life insurance policies that Sproutt offers.

Policy type

Prices for women aged 58 include:

  • $ 95.90 per month on average

Prices for 58-year-old men include:

  • $ 122.25 per month on average

These rates will vary depending on whether or not you smoke as well as the five factors mentioned above.

Select a quote

Select a quote

SelectQuote is not an insurance company. Instead, it helps you shop around for an insurance policy by getting quotes from a wide variety of carriers.

SelectQuote companies purchase quotes from:

  • America
  • Banner
  • National Lincoln
  • William penn
  • United of Omaha
  • Pacific life
  • Protective
  • Prudential
  • AIG
  • Companion
  • SBLI
  • World life
  • TruStage

To give

To give

Donation is another great option if you are in a rush or prefer not to have a medical exam. Best of all, you know almost immediately if Bestow is willing to offer you a policy.

It’s important to note that Bestow won’t insure anyone past the age of 60, so if you want a life insurance policy with them, you need to act as soon as possible. The good news is that your coverage won’t end when you turn 60. It lasts 10 years, so if you buy now your policy will last up to 68 years.

Before you apply with Bestow, you should know that they will not offer any coverage to anyone diagnosed with cancer in the past 10 years. If so, it’s best to ignore Bestow and consult with another insurance company.

The maximum coverage rate can reach $ 1.5 million.

Average contributions for 58-year-olds:

Term Blanket Cost
15 years $ 500,000 The cost of the policy ranges from $ 53.40 / month for a non-smoker female
15 years $ 500,000 Rates vary from $ 73.20 / month for a non-smoker Male

Progressive

Progressive

Progressive is one of the best-known companies and enjoys a strong rating to support its reputation. This is a great option if you want to consolidate your life, home and auto insurance into one bill. It provides life insurance coverage for anyone up to the age of 80, so you don’t have to feel rushed when signing up for Progressive.

With Progressive, you can get the following types of policies:

  • Term
  • Final expenditure
  • Together
  • Universal
  • Variable

Mutual Freedom

Mutual Freedom

Liberty Mutual is another well-known company, thanks in large part to some of its advertisements. Approval is usually quick, so you’ll know quickly if you need to move on.

Liberty offers the following policies:

  • Lifetime
  • Together
  • Fixed annuities / fixed income

Women age 58 will pay $ 70.52 for a $ 100,000 / 10 year policy. Men age 58 will pay $ 118.76 for a term policy of $ 100,000 / 10 years.

State farm

State farm

State Farm offers term life, whole life and universal life insurance. It can be much more expensive than other insurance companies.

For example, a 58 year old woman will pay $ 173.99 for a $ 500,000 policy for a 20 year policy. A 58-year-old men will pay $ 259.24 for the same.

Life Banner

Banner Life Insurance Company is owned by Legal & General America and is the seventh largest insurer in the world. She has been in business for over 70 years now and is very experienced in life insurance.

Banner Life Insurance offers two different types of policies:

Typical average premiums in some states for people aged 58

Since premiums vary depending on your gender, age, and the state you live in, it’s good to get a feel for the cost when you’re 58 and looking for affordable life insurance providers.

People aged 58 can expect:

State 10 year term$ 500,000 coverage
California Average cost of life insurance is $ 79 / month females and $ 105 / month males
Texas The average cost of a life insurance policy is $ 77 / month females and $ 108 / month males
Florida Average monthly life insurance premium for a 58 years old is $ 79 a female and $ 107 one Male
New York Average premium for life insurance is $ 79 per month for females and $ 107 per month for males
Pennsylvania The average life insurance premium is $ 75 / month for women and $ 105 / month for men
Kentucky Average monthly life insurance rate is $ 76 per woman and $ 106 per man
Ohio The average rate for a life insurance policy is $ 74 per month for females and $ 105 per month for males

Not all insurance companies, and the rates you are offered may be different once the company offers you a policy. It’s a great place to start, however, and will give you a better idea of ​​what to do next when you decide to go shopping. If you still want to research other options, you can easily compare companies and find the one that best suits your needs and budget by clicking below.

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The prices of new and used cars keep on rising. Don’t expect relief soon https://avtoinsurance.net/the-prices-of-new-and-used-cars-keep-on-rising-dont-expect-relief-soon/ Sat, 08 Jan 2022 14:00:01 +0000 https://avtoinsurance.net/the-prices-of-new-and-used-cars-keep-on-rising-dont-expect-relief-soon/ When it comes to buying a car these days, the sticker price can mean sticker shock. New and used car prices continue to climb amid strong demand and tight inventories. While a manufacturing slowdown has improved slightly, there won’t be a return to normalcy anytime soon for car buyers. “The typical dealership experience that consumers […]]]>

When it comes to buying a car these days, the sticker price can mean sticker shock.

New and used car prices continue to climb amid strong demand and tight inventories. While a manufacturing slowdown has improved slightly, there won’t be a return to normalcy anytime soon for car buyers.

“The typical dealership experience that consumers are used to – walking through dealership lots with rows and rows of cars, negotiating the price and getting lots of incentives – probably won’t return this year because there are. 4.5 [million] to 5 million consumers on the sidelines waiting for cars, ”said Tyson Jominy, data and analytics manager for JD Power.

More from Personal Finance:
Auto insurance set to cost 5% more in 2022
How to insure your trip despite airline cancellations
Your best money moves before interest rates rise

“This pent-up demand will keep inventories low and prices high for most of 2022,” Jominy said.

A continuing global shortage of microchips – key components necessary for today’s cars to operate – that began in 2020 continues to slow the production of new vehicles by automakers, resulting in demand exceeding the offer.

“It’s slightly better in the sense that there is more of a drop in inventory – it’s not getting worse,” said Ivan Drury, senior director of information for Edmunds.com. “But we’re still talking about many more months until it starts to look more normal.”

The average transaction price for a new car is now higher than the manufacturer’s suggested retail price, or MSRP: $ 45,872 compared to $ 45,209, according to the most recent data from Edmunds.

It is estimated that 89% of buyers pay more than or less than 5% of the sticker price, Jominy said.

Part of the reason for the record transaction prices is that automakers have lowered their discounts because, generally speaking, they don’t need to offer big incentives to sell cars right now.

In other words, new cars don’t hang around for long once they arrive at a dealership: In December, around 57% of cars sold within 10 days of delivery, according to JD Power. The average time, overall, for a new car to sell from the lot is 17 days, a record from 49 days a year ago.

Demand has also spread in the used car market, where buyers pay an average of $ 29,011, up 27.9% from a year ago, according to data from Edmunds. This ranges from an average of $ 14,124 for 9-year-old cars to $ 30,334 for a 3-year-old vehicle.

One bright spot, Drury said, is that demand for used cars has pushed trade-in values ​​well above par.

“Shop this exchange,” he said. “Don’t go with the old assumptions about mileage or depreciation because it’s all at the door.”

And while you should be prepared that there is little wiggle room on the price of the car, you may be able to negotiate the value placed on your trade-in.

In addition, interest rates are generally low at this time.

“You can still get the money at a low price,” Drury said, adding that there are still 0% or 0.9% finance deals available, depending on what make and model you are considering. Otherwise, the average interest rate for a new car loan is less than 4%, according to Bankrate.

If you have flexibility in when to buy and can’t find what you want on dealer lots, it may be worth ordering your car.

“While it may take four to eight weeks for the vehicle to arrive, it will be built to your exact specifications, such as finish and color,” Jominy said. “And now some automakers will be offering pre-order incentives that aren’t available to consumers buying what’s in stock.”


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Top 5 public auto insurer fraud cases in 2021 https://avtoinsurance.net/top-5-public-auto-insurer-fraud-cases-in-2021/ Thu, 06 Jan 2022 20:26:26 +0000 https://avtoinsurance.net/top-5-public-auto-insurer-fraud-cases-in-2021/ A bogus kidnapping and a driver who was traveling at nearly three times the speed he reported to investigators were among the Manitoba Public Insurance Corporation’s (MPI) top 5 auto fraud cases in 2021. MPI’s Special Investigation Unit (SIU) last year closed nearly 1,000 fraud investigations, saving an estimated $ 14 million on claims, MPI […]]]>

A bogus kidnapping and a driver who was traveling at nearly three times the speed he reported to investigators were among the Manitoba Public Insurance Corporation’s (MPI) top 5 auto fraud cases in 2021.

MPI’s Special Investigation Unit (SIU) last year closed nearly 1,000 fraud investigations, saving an estimated $ 14 million on claims, MPI reported in a statement. December 29, 2021 press release. Auto insurance fraud costs MPI taxpayers about $ 50 a year.

Each year, MPI publishes its Top 5 Auto Insurance Fraud Cases based on “the unique circumstances of each fraud, the financial savings for MPI taxpayers, and the investigative techniques used to confirm fraudulent activity,” said said Satvir Jatana, customer director of the auto insurer. in the output. here are the Top 5 for 2021:

Canister removal

After her badly damaged vehicle was recovered by police, a Winnipeg woman told MPI that her vehicle was stolen from her garage. She claimed the thieves messaged her on Facebook, demanding payment for the return of the car. The woman admitted that she did not call the police, but agreed to meet the thieves. The story goes that the thieves then kidnapped her and circled the city for hours, eventually crushing the vehicle.

In her statement, the woman confirmed that she had “all the keys in her possession” during the incident. However, “an examination of the vehicle’s ignition and immobilizer system performed by MPI’s research and training department revealed that the vehicle would not operate without a key inserted in the ignition.”

When presented with the findings of the investigation, the vehicle owner admitted that she lied about the kidnapping. The truth is, she was in the vehicle that was driving with a group of people drinking and running at full speed in the city. They eventually crashed into another vehicle and immediately fled the scene.

The theft claim was rejected, saving MPI approximately $ 68,000.

The Fast & Furious

The 20-year-old driver told an MPI adjuster that he worked a lot of overtime. One night, he was driving home around midnight and fell asleep, pulled off the road, and crashed into half a dozen parked vehicles.

iStock.com/ZHARATE

The posted speed limit on the road was 50 km / h, with the young driver saying he was driving 55 km / h at the time of the crash. But the extent of the on-site damage to the vehicle contradicted the man’s story. A download of data from the vehicle’s crash recorder indicated that the vehicle was traveling close to 140 km / h at the time of impact.

The evidence also showed that the brake pedal was not depressed and the seat belts were unbuckled. Surveillance footage was taken at various locations along the route traveled, showing the vehicle was running with another vehicle seconds before the crash.

The investigation confirmed that there was a 1.6 km long straight stretch of road where the race took place, MPI said in the statement. The road makes a left turn that a vehicle could not negotiate, causing it to pull off the road and crash heavily into parked vehicles.

The collision claim was denied and MPI began to recover costs from the responsible driver. The cost savings for MPI are estimated at $ 150,000.

Truckin ‘along

A professional truck driver, the Winnipeg man was injured in a single vehicle accident while carrying a load. Given the extent of his injuries, he was entitled to income replacement benefits and personal care assistance payments.

The man told his MPI case manager that his injuries made it impossible for him to lift his arms above his shoulders, unable to lift heavy objects and physically unable to drive for more than 15 minutes. He was also no longer able to take out the trash and recycling bins, or work at his usual job, the state auto insurer reported.

After receiving reports that the man was working while continuing to receive benefits, MPI opened an investigation. Surveillance “showed conclusively that the man worked, could drive several hours a day and was seen carrying a number of objects, including heavy wooden crates.”

MPI informed the man that his benefits were ending. He was also charged with fraud over $ 5,000 and misrepresentation. The public auto insurer estimated it had saved more than $ 700,000.

Center stage

Two people have filed separate collision claims, with one driver admitting he was responsible for a T-Bone collision at an intersection. However, a surveillance camera pointed in the direction of the intersection “clearly showed that the two vehicles were slowly crossing the intersection several times before the collision,” MPI reported.

Surveillance also showed that both vehicles were deliberately placed in a T-Bone setup, with one car accelerating into the other vehicle, slowly entering the intersection. “When presented with the facts, one owner admitted that he and his friend planned this ‘staged’ collision to depreciate their vehicles. “

The savings to MPI amounted to over $ 15,000.

Canine capers

A Winnipeg woman filed a collision complaint, saying a dog ran across the roadway and swerved it and collided with a post and a large flowerpot in the yard of a private residence.

The woman’s 2020 Ford Explorer and the items in the yard sustained significant damage.

The woman also provided the name of a third-party witness, who told MPI claims adjuster that the vehicle swerved to avoid a dog and the woman was driving. MPI determined that the driver was not at fault, which resulted in no financial compensation for the owners.

But when informed of the decision, the owners of the property provided MPI with video footage of the collision “which clearly showed that there was no dog crossing the road and that the driver of the vehicle was a man, ”the auto insurer said.

Introduced to this new information, the woman admitted to lying to protect her boyfriend who was driving and did not have a valid driver’s license. The witness later admitted that they came across the crash after the fact and did not actually see a dog.

The collision claim has been dismissed and MPI is seeking to recover costs from the unlicensed driver. The savings on claims for MPI amounted to almost $ 30,000.

Featured Image by iStock.com/Matic Grmek


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2 growth stocks down 65% to 77% that could skyrocket in 2022, Wall Street says https://avtoinsurance.net/2-growth-stocks-down-65-to-77-that-could-skyrocket-in-2022-wall-street-says/ Wed, 05 Jan 2022 13:12:00 +0000 https://avtoinsurance.net/2-growth-stocks-down-65-to-77-that-could-skyrocket-in-2022-wall-street-says/ Despite the wide S&P 500 Stock index closing 2021 with a strong gain of 28%, a year-end sell-off sent some tech stocks plunging. For investors, this presents exciting opportunities, although it should be remembered that all stocks that lose more than half of their value have inherent risks. Nonetheless, these two innovative companies could be […]]]>

Despite the wide S&P 500 Stock index closing 2021 with a strong gain of 28%, a year-end sell-off sent some tech stocks plunging. For investors, this presents exciting opportunities, although it should be remembered that all stocks that lose more than half of their value have inherent risks.

Nonetheless, these two innovative companies could be the future of their respective industries, and top Wall Street analysts believe they could more than double in 2022.

Image source: Getty Images.

1. Starting holdings: down 65%

Holdings reached (NASDAQ: UPST) uses artificial intelligence to create loans for its banking partners. The company believes the decades-old FICO scoring system fails to accurately measure the creditworthiness of modern borrowers. Therefore, he designed an algorithm that evaluates over 1,000 data points and reduces the risk of default by 75% for the same approval rating.

Upstart earns income through fees when it grants a loan for a bank, and also through the sale of its software, which institutions can connect to their own loan applications. It started out as small unsecured loans with personal loans, but has now expanded into the much larger auto finance market.

The company’s new Upstart Auto Retail software also serves as a sales and loan-making platform, and the number of U.S. auto dealers who have adopted it has grown 219% in the past 12 months to 291. As a result, Upstart exceeded all revenue. expectations. Once it releases its fourth quarter results for 2021, it is expected to have exceeded $ 806 million in revenue for the full year, well above the $ 500 million originally forecast.

That $ 806 million figure would represent 245% more revenue the company generated in 2020. And in 2022, it is expected to cross the $ 1.2 billion mark, but that could turn out to be a conservative estimate based on on the explosive growth of its vehicle loan segment.

Upstart stock peaked at $ 401 in October 2021 before slumping 65% to $ 133 amid the tech sell-off. But now the Wall Street investment bank Citigroup thinks the stock could skyrocket to $ 350, which is a 130% gain from here.

A smiling person sitting in a car, holding the keys as if they had just been bought.

Image source: Getty Images.

2. Lemonade: Down 77%

Like Upstart, Lemonade (NYSE: LMND) is a financial technology company that harnesses artificial intelligence. Its goal is to transform the insurance industry by using technology to make the customer experience more tolerable. After all, few consumers enjoy doing business with traditional insurance companies, especially when it’s time to file a claim.

Lemonade’s artificial intelligence bot, Maya, can produce an estimate for a customer in 90 seconds, and when it comes to making a claim, payments can be processed in three minutes. The company has focused on four main areas of insurance – renters, landlords, pets, and life – but has recently made a foray into the much more lucrative auto insurance market, the most important to this day.

When it relies on artificial intelligence to enter a new segment, the algorithm needs time to learn. Contrary to its usual strategy, Lemonade chose to seek assistance in entering the auto insurance market by acquiring Metromile, another AI-based insurance broker with over 3 billion miles of data under its belt and licenses in 49 US states, in November 2021. This will get Lemonade up and running and save time and money. precious money by perfecting its algorithm to assess risk appropriately.

Customers flock to Lemonade’s products as a whole. At the end of the recent third quarter, the company had 1.36 million customers, a 44% increase year over year. And if it meets analysts’ expectations for revenue, it will generate incredibly robust growth there as well.

Metric

2020

2021 (Estimate)

2022 (Estimate)

TCCA

Income

$ 94 million

$ 127 million

$ 215 million

51%

Data source: Lemonade, Yahoo! Finance. CAGR = compound annual growth rate.

Lemonade stock could be down 77%, but the Wall Street firm Piper sandler thinks it could bounce back to $ 98, which would be a whopping 133% return from the current price of $ 42. This is not without risk, as the company is losing a significant amount of money and should continue to do so.

But reforming the customer experience in the insurance industry appears to be a fruit within reach, so if Lemonade can reach scale it is likely to be hugely successful in the future.

This article represents the opinion of the author, who may disagree with the “official” recommendation position of a premium Motley Fool consulting service. We are motley! Challenging an investment thesis – even one of our own – helps us all to think critically about investing and make decisions that help us become smarter, happier, and richer.


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The Jerry 2022 State of the American Driver report reveals the impact of the ongoing pandemic on car sales, commuting and future driving expectations https://avtoinsurance.net/the-jerry-2022-state-of-the-american-driver-report-reveals-the-impact-of-the-ongoing-pandemic-on-car-sales-commuting-and-future-driving-expectations/ Mon, 03 Jan 2022 15:00:00 +0000 https://avtoinsurance.net/the-jerry-2022-state-of-the-american-driver-report-reveals-the-impact-of-the-ongoing-pandemic-on-car-sales-commuting-and-future-driving-expectations/ The Jerry 2022 State of the American Driver Report reveals automotive trends, adoption of new automotive technologies and driving culture. Tweet this The report analyzed the results of a national survey of American drivers aged 16 to 75, combined with Jerry’s proprietary business data of more than 1.5 million US-based drivers, and found that he […]]]>

The report analyzed the results of a national survey of American drivers aged 16 to 75, combined with Jerry’s proprietary business data of more than 1.5 million US-based drivers, and found that he there was no evidence of a drop in demand for cars or the cost of driving. . The survey found that 80% of American drivers consider a car essential for carrying out their daily or weekly activities. Still, drivers are limiting their time on the road, with 63% of consumers surveyed saying rising gasoline costs have impacted their driving in 2021.

The main findings of the report include:

  • More Americans expect to sell cars in 2022 than in 2021, and digital platforms (Autotrader, Facebook Marketplace, Craigslist, etc.) are the most common way to sell. Baby boomers always go for the trade-in at the dealership, and women are 3 times more likely to sell on Facebook Marketplace. The main reasons for selling in 2021 were moving to an urban area, stopping commuting and rising gasoline prices.
  • One in four American drivers plans to garage in 2022, pointing to more potential tensions on supply and demand in the automotive market. Another third will buy if prices drop. Contrary to popular belief, once at the car dealership, women are slightly more likely to believe that they will be treated fairly than men.
  • Half of those polled have chosen to drive instead of flying in 2021, and almost half (44%) of them intend to fly in 2022. While business travel is making a slow comeback, in part because of virtual meetings, the majority of Americans expect to return to pre-pandemic daily travel standards. The cost of travel has increased for some who cited rising gasoline prices as the reason for the increase.
  • While carpooling seems to be ubiquitous for many, 50% of Americans have never used a ridesharing app (Uber, Lyft, etc.), with age and region being a major differentiator. 72% of baby boomers have never called, compared to 36% of Gen Z. Midwesterners have likely never used a rideshare app.
  • One-third of Americans surveyed never expect to drive an EV in their lifetime while half expect less than 10 years. However, they aret do it to slow climate change. Buyers of electric vehicles are primarily motivated by fuel economy. Millennials are the most eager to go electric, followed by Gen Z – who want EVs because they are. cool “more than any other reason.
  • Americans divided on the potential of autonomous vehicles in their daily life, 40% of drivers never expect to use an autonomous vehicle. Gen Z drivers were the most likely to say they expected to use a fully autonomous vehicle within five years, while all other respondents were the most likely to say they never expected to use one.

Our report confirmed that the effects of the pandemic era on costs and inventory continue to impact the buying and selling of cars, the frequency of driving and the need to drive among Americans ”, said data scientist Jerry Lakshmi Iyengar. Americans experienced sticker shock when buying new and used cars in 2021, and no relief is in sight this year. This increases the total cost of owning a car and creates the need to cut costs elsewhere. Despite the strong interest in electric vehicles due to the expected cost savings, consumers have likely wonDon’t find immediate cost reductions when buying an EV. This could happen over the next 10 years as the technology and charging infrastructure mature. ”

Personal vehicles represent 20% of Americansbudgets and there are ways to save. The Jerry app saves customers time and money on car expenses. The average Jerry customer saves money 850 $ one year on auto insurance.

At Jerry, weare already helping customers save money on insurance, and weThis will help them save even more as we continue to add money saving features to our super car ownership app in 2022, ”added Iyengar.

Methodology: The Jerry 2022 State of the American Driver report analyzed data from a nationally representative survey of 1,250 respondents and analyzed in Dec. 2021 use SurveyMonkey Audience to gain insight into the trends, perceptions and outlook of U.S. drivers. The survey respondents were Americans between the ages of 16 and 75 who drive at least once a week. The ages have been broken down into Generation Z (16 to 24), Generation Y (25 to 40), Generation X (41 to 56) and Baby Boomers (57 to 75). The results were balanced for age, gender, and condition. Information on how respondents are recruited for SurveyMonkey is available on SurveyMonkeys website. Jerry also analyzed proprietary business data from over 1.5 million US-based drivers to better understand auto insurance trends nationwide.

About Jerry Services, Inc.
Jerry saves you time and money on your car expenses. Jerry first launched his AI and machine learning-based auto insurance comparison service in 2019 and today serves over 1.5 million clients as a licensed insurance broker in the 50 states. For more information or to save on auto insurance, visit getjerry.com or download the Jerry app in the App store Where google play.

SOURCE Jerry


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GoLocalProv | Why does our legislature pass the bodywork legislation but not the section veto? https://avtoinsurance.net/golocalprov-why-does-our-legislature-pass-the-bodywork-legislation-but-not-the-section-veto/ Fri, 31 Dec 2021 09:43:45 +0000 https://avtoinsurance.net/golocalprov-why-does-our-legislature-pass-the-bodywork-legislation-but-not-the-section-veto/ Friday, December 31, 2021 Ken Block, MINDSETTER ™ guest Enlarge + Ken Block is a former gubernatorial candidate There have been recent stories about a possible waiver of the veto power to pass another auto body industry bill that the auto insurance industry says will increase our rates. insurance already high. President Shekarchi said the […]]]>

Friday, December 31, 2021

Enlarge +

Ken Block is a former gubernatorial candidate

There have been recent stories about a possible waiver of the veto power to pass another auto body industry bill that the auto insurance industry says will increase our rates. insurance already high. President Shekarchi said the auto body industry has lobbied effectively for this bill. He said that this bill had a lot of support from members of the General Assembly.

Over the past eight years, thousands of Rhode Islanders have contacted their elected officials asking them to implement a sectional veto in Rhode Island.

These elected officials often indicate that they are generally in favor of the idea, especially during an election period. Almost all of them will do little, if anything, to veto a vote by article.

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More than 100 members of the public dragged themselves to State House for most of those 8 years and spent hours waiting to testify in person in support of a sectional veto.

Why is it so difficult to reform to make the Rhode Island government operate in a way that 44 other states have had for many, many decades, when a narrow special interest like auto body shops can apparently get bills passed at will?

A line item veto provides greater budget transparency by allowing a governor to remove items from the budget, forcing the legislature to hold a notwithstanding vote for each removed item. With the article veto, a more nuanced debate can take place within the legislature regarding the merits of each deleted article, making it very difficult to override the vetoes of particularly bad parts of the budget.

Why is our legislature against greater budget transparency?

Is it because supporters of the section veto don’t give $ 100,000 a year in political donations to General Assembly members like the Bodybuilder Gang does? Or is it because this reform will result in a change in the power structure of our government?

Either reason is a horrible reason why our General Assembly refuses to allow an article veto to even be proposed for a vote.

In every election year, it is incumbent on candidate politicians to at least generally indicate that they support a reform that nearly 70% of Rhode Island voters agree is good. The trick is to get these politicians to not only pretend to accept the idea of ​​an article veto, but to take concrete steps to support its realization.

The real problem is the speaker in the house. And by that, I do not mean only the current speaker. I mean the position of the speaker of the house. Several speakers have refused to allow legislation that allows a sectional veto in Rhode Island to advance. They do it for the worst of reasons: to protect their personal and institutional power.

The Covid has necessarily blurred the priorities of our government. There was no point in pushing for good government reform when we were all facing a serious public health crisis.

But now that our General Assembly seems poised to increase our group auto insurance rates through the lobbying efforts of a very small group of individuals, it is clearly time to renew the effort to get the Rhode Island government to operate. so that the governments of 44 other states function.

In this election year, several candidates for multiple jobs will indicate that they support a line item veto. What are they prepared to do to make it happen?

You can ask your elected officials to support the article veto here: www.lineitemveto.org.

Ken Block is the president of WatchdogRI.

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Mercury provides tips to make sure your vehicle is winter-ready. https://avtoinsurance.net/mercury-provides-tips-to-make-sure-your-vehicle-is-winter-ready/ Thu, 30 Dec 2021 18:57:41 +0000 https://avtoinsurance.net/mercury-provides-tips-to-make-sure-your-vehicle-is-winter-ready/ LOS ANGELES (PRWEB) December 30, 2021 With the recent onset of severe winter conditions along the Western coast, Mercury insurance wants drivers to take appropriate safety precautions when navigating the road. Winter driving can be extremely dangerous for motorists and seriously damaging to vehicles, so proper maintenance of your vehicle is essential. On average, 1.3 […]]]>

LOS ANGELES (PRWEB) December 30, 2021

With the recent onset of severe winter conditions along the Western coast, Mercury insurance wants drivers to take appropriate safety precautions when navigating the road.

Winter driving can be extremely dangerous for motorists and seriously damaging to vehicles, so proper maintenance of your vehicle is essential. On average, 1.3 million weather-related car accidents occur each year, representing 23% of all car crashes nationwide and 480,000 injuries.

Always being extremely careful while driving and making sure your cars are fully insured are the best ways to stay safe on winter roads. Here are some things to consider when reviewing your auto insurance policy:

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  • Who will drive your vehicle during the winter months? Consider upgrading your auto insurance if an inexperienced winter driver – perhaps a teenager with little experience in cold, icy conditions – will be behind the wheel.
  • How often will you use your vehicle (s) this winter? Reassess your auto insurance coverage on any vehicle that will be driven more during the winter months, when the most weather-related accidents occur.
  • What condition is your vehicle in? You may want to increase your coverage if you are driving an older vehicle that does not have the latest safety features, such as anti-lock brakes, all-wheel drive, and traction tires. In addition, a pre-winter examination of your brakes and tires by a certified mechanic is strongly recommended.

In the event of a winter outage, Mercury customers can choose to add Roadside Assistance coverage to their policy, which is available to all customers as optional coverage. Using GPS technology, the service can even identify the exact location of stranded drivers. This service is network neutral, which means it will work with any phone, regardless of the carrier.
Here are some winter driving tips in addition to maintaining good insurance coverage:

  • Winter driving precautions begin even before you get in the vehicle. Replacing old wiper blades, checking fluid levels (especially antifreeze and oil), rotating tires, or fitting traction tires are essential to get your vehicle ready for the job. Winter.
  • Don’t drive distracted. Keep both hands on the wheel and step away from your cell phone. It is important that you are alert and ready to respond. According to Virginia Tech Institute of Transportation, you are 23 times more likely to have an accident when texting while driving.
  • Control your speed. Accelerating or stopping quickly means problems when driving on slippery roads. the Colorado Department of Transportation have found that the leading cause of winter crashes is trying to change gears or direction faster than surfaces allow.
  • Always buckle up. It’s an old saying, but one that is still a requirement of the law in all states except New Hampshire, which does not require the wearing of seat belts for persons 18 years of age or over.

On Mercury insurance

Mercury insurance (NYSE: MCY) is a multi-line insurance company primarily providing auto, home, tenant and commercial insurance through a network of independent agents in Arizona, California, Illinois, Nevada, New Jersey, New York, Oklahoma, Texas and Virginia, as well as automobile insurance in Florida. Mercury underwrites other lines of insurance in various states, including business owners and auto, homeowner, home-sharing, ridesharing, and mechanical protection insurance.

Since 1962, Mercury has offered its customers great value by combining ultra-competitive prices with excellent customer service. Mercury has received an “A” rating from AM Best and Fitch, as well as the highest ranking in the JD Power 2021 US Insurance Digital Experience StudySM and four consecutive “Best Auto Insurance Company” awards from Insure.com. For more information visit http://www.MercuryInsurance.com or follow the company on Twitter or Facebook.

Read the full story at https://www.prweb.com/releases/mercury_provides_tips_to_be_sure_your_vehicle_is_winter_ready/prweb18414464.htm


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Personal Auto Insurance Market Size 2021-2028 by Types, Applications and Major Key Players – Liberty Mutual, State Farm, Nationwide, Progressive, Geico – Industrial IT https://avtoinsurance.net/personal-auto-insurance-market-size-2021-2028-by-types-applications-and-major-key-players-liberty-mutual-state-farm-nationwide-progressive-geico-industrial-it/ Wed, 29 Dec 2021 12:07:06 +0000 https://avtoinsurance.net/personal-auto-insurance-market-size-2021-2028-by-types-applications-and-major-key-players-liberty-mutual-state-farm-nationwide-progressive-geico-industrial-it/ The PSD2 and Open Banking Market report is a perfect basis for people seeking a complete study and analysis of the PSD2 and Open Banking Market. This report contains diverse study and information that will help you understand your niche and key market channel concentration in the regional and global market for PSD2 and Open […]]]>

The PSD2 and Open Banking Market report is a perfect basis for people seeking a complete study and analysis of the PSD2 and Open Banking Market. This report contains diverse study and information that will help you understand your niche and key market channel concentration in the regional and global market for PSD2 and Open Banking. To understand the competition and take action based on your key strengths, market size, demand for current and future years, supply chain information, business concerns, competitive analysis, and pricing , as well as supplier information, will be presented to you. The report also contains information on the major market players, applications of PSD2 and Open Banking, its type, trends and overall market share.

To implement your business plan based on our detailed report, you will also receive complete and accurate forecasts as well as future projected figures. This will provide an overview of the market and help design solutions to leverage key profitable elements and gain market clarity to make strategic plans. The data in the report comes from various publications in our archives as well as from many reputable paid databases. Moreover, the data is gathered with the help of resellers, raw material suppliers and customers to ensure that the end result covers every detail regarding the PSD2 and Open Banking market, making it a perfect tool for serious buyers. of this study.

PSD2 and the open banking market: competitive landscape

The PSD2 and Open Banking market report includes information on product launches, sustainability, and outlook for key vendors, including: (Rogue Wave, Volante Technologies, Ping Identity, WSO2, Temenos, MuleSoft, Microsoft, Bankrate, Deloitte, IBM)

Click on the link for a free sample copy of the report @ https://crediblemarkets.com/sample-request/psd2-and-open-banking-market-886065?utm_source=Komal&utm_medium=SatPR

PSD2 and the open banking market: segmentation

The PSD2 and Open Banking market is split by type and by application for the period 2021-2028, the growth among the segments provides accurate tricks and sales forecast by type and by application in terms of volume and value. This analysis can help you grow your business by targeting qualified niche markets.

By types

Cloud
On the site

By applications

FinTech
Telecoms
Retailers
Banks

PSD2 and the open banking market: regional analysis

All the regional segmentation has been studied on the basis of recent and future trends, and the market is forecast throughout the forecast period. The countries covered in the regional analysis of the Global PSD2 and Open Banking Market report are United States, Canada and Mexico in North America, Germany, France, United Kingdom, Russia, Italy , in Spain, in Turkey, in the Netherlands, in Switzerland, in Belgium and in the rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) Asia-Pacific (APAC), Saudi Arabia, United Arab Emirates, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) being part of the Middle East and Africa (MEA), and Argentina, Brazil and the rest of South America being part of South America.

Direct purchase this market research report now @ https://crediblemarkets.com/reports/purchase/psd2-and-open-banking-market-886065?license_type=single_user;utm_source=Komal&utm_medium=SatPR

Main points covered by the table of contents:

Overview: Besides a detailed overview of the global PSD2 and Open Banking market, this segment provides an overview of the report to give an idea of ​​the nature and substance of the review study.

Analysis of the strategies of the main players: Market players can use this analysis to gain competitive advantage over their competitors in the PSD2 and Open Banking market.

Study on the main market trends: This part of the report offers a more meaningful assessment of recent and future examples of the market.

Market Forecast: Buyers of this report will address accurate and approved valuations of all market sizes in terms of value and volume. The report further gives usage, creation, offerings, and different conjectures for the PSD2 and Open Banking market.

Analysis of local growth: All critical regions and countries have been covered in the report. Neighborhood review will help uplift players to exploit rejected common business areas, prepare express philosophies for target regions, and consider improving each regional market.

Segmental analysis: The report gives precise and solid conjectures on a piece of the pie for important parts of the PSD2 and Open Banking Market. Market members can use this review to pinpoint key interests in key development pockets of the market.

Do you have a specific question or requirement? Ask our industry expert @ https://crediblemarkets.com/enquire-request/psd2-and-open-banking-market-886065?utm_source=Komal&utm_medium=SatPR

Key questions answered in the report:

  • What will be the pace of development of the PSD2 and Open Banking market?
  • What are the key factors driving the global PSD2 and Open Banking market?
  • Who are the main manufacturers in the market?
  • What are the outlets, the risks and the contours of the market?
  • What are the sales, revenue, and price analysis of the major manufacturers of the PSD2 and Open Banking market?
  • Who are the distributors, traders and resellers of the PSD2 and Open Banking market?
  • What are the opportunities and threats in the PSD2 and Open Banking market faced by the vendors in the global PSD2 and Open Banking industries?
  • What are Deals, Revenue, and Value Reviews by Market Types and Uses?
  • What are the reviews of transactions, revenue and value by business line?

About Us

Credible Markets is a new age market research company with a firm grip on the pulse of global markets. Credible Markets has become a reliable source for the market research needs of companies in a rapid period of time. We have worked with leading market information publishers and our reporting pool coverage spans all key industry verticals and thousands of micro markets. The massive repository allows our clients to choose from recently published reports from a range of publishers who also provide in-depth regional and national analysis. Plus, pre-booked research reports are some of our best deals.

The collection of market information reports is regularly updated to provide visitors with easy access to the most recent market information. We provide round-the-clock support to help you reuse search parameters and thus benefit from a full range of reserved reports. After all, it’s all about helping you make an informed strategic decision about purchasing the right report that meets all of your market research demands.

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Protect Yourself From Auto Theft With These Tips https://avtoinsurance.net/protect-yourself-from-auto-theft-with-these-tips/ Mon, 27 Dec 2021 14:04:00 +0000 https://avtoinsurance.net/protect-yourself-from-auto-theft-with-these-tips/ This is something you hope will never happen to you. You walk out into a parking lot or onto the street and realize something is missing. With a sudden drop in your stomach, you realize it’s your car. This is not where you left it. Someone took it. Now you have no way to get […]]]>

This is something you hope will never happen to you. You walk out into a parking lot or onto the street and realize something is missing. With a sudden drop in your stomach, you realize it’s your car. This is not where you left it. Someone took it.

Now you have no way to get around, you are missing out on all the possessions that were in your car, and most importantly, you have just lost what is probably one of your most valuable possessions. Auto theft is the kind of thing most people think will never happen to them, but Insurance Information Institute statistics say that in 2019, more than 721,000 cars were stolen. These thefts resulted in losses totaling $ 6.4 billion.

So what can you do to protect yourself from auto theft? With a few simple steps, you can reduce your risk of falling prey to car thieves and get hooked on your beloved vehicle.

Lock your doors

This one seems obvious. Locking your doors when you get out of your car will make it harder for would-be thieves to break in, but we all know how routine things like locking the car can slip through the cracks during the night. everyday life. Be sure to check your doors to make sure they are locked when you leave your car. It may take a second longer, but it will pay off when a thief tries – and fails – to break in. Likewise, always close your windows before leaving your car.

Do not leave the keys in the vehicle

Again, this seems obvious, but we all got in our car only to realize that we forgot something and ran back inside our house or office, leaving the keys in the car. It only takes a second for someone to pass and help themselves to your waiting vehicle while you are inside. Treat yourself and take your keys with you whenever you get out of your car.

Smart parking

This is a good idea for many reasons when it comes to staying safe. Park in a well-lit area and preferably in a well-frequented area. Many passers-by will deter thieves from attempting to steal your car, and returning it will feel safer if it is properly lit.

Use anti-theft devices

The National Road Safety Administration recommend to use a car alarm system with an audible alarm and using a visible anti-theft device such as a steering wheel lock. If your car was not equipped with an alarm system, you can have one installed after the fact. Visible locks and anti-theft devices are also effective because they show thieves that your car is not an easy target. If a thief sees any of these devices, they’re more likely to decide that your car is not worth the risk of being seen trying to bypass the lock.

Don’t leave valuables in your car

Avoid leaving valuables in your car. If you have a laptop, phone, tablet, or other high-value item (like a purse or wallet) prominently in your car, you give a thief extra motivation to steal your car. Never leave valuables in your car, or if you absolutely cannot avoid doing so, carefully hide them or place them in the trunk so that thieves cannot see them.

Use a vehicle recovery system

This tip is more useful if your car has been stolen than as a prevention tool, but you’ll be happy to have a vehicle recovery system if your car suddenly goes missing. Professionals should install these systems, which use wireless or GPS technology to track your vehicle, sending a signal of its location to the police or surveillance service. This may not prevent theft, but it will make it much easier to recover your property in the event your car is stolen.

Make sure your vehicle is properly insured

Check with your auto insurance provider that your policy covers theft and vandalism. Liability insurance won’t cover you if your vehicle is stolen, so having a comprehensive policy that includes comprehensive coverage is your best bet for full protection (and peace of mind). Additionally, most auto insurance policies do not cover stolen valuables. your car, then check with your rental provider or owner to make sure you’re covered there as well.

While it’s easy to think that auto theft is something that will never happen to you, it is not something that should be left to chance. Our vehicles are valuable beyond the amount we pay for them, as they are our primary means of getting to work, getting our families where they need to go, and taking care of the simple, everyday things that are necessary for life. modern. . With a few simple prevention tips, you can protect yourself from this crime, saving you time, money, and a lot of headaches.

Finance FYI is brought to you by 1st Security Bank.

AT Washington’s 1st security bank, we take a personalized and personal approach to your financial well-being. We live in the communities we serve, so our branches offer tailor-made solutions to their communities. We believe relationships make the difference, and that’s what sets 1st Security Bank apart.


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