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About Me
As a man thinks, so he is. Some people are never. Recent Posts
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CarSpace Alternate RouteTurn off the nav system, crumple up that MapQuest printout, and let's find out where the next random turn may take us! Sep 12, 2008 - Not Everyday
During hearings in July and August, something called the Rate Bureau (don't you love government bureaus?) asked for a 12.9 % increase in rates. But the arguement was made that the market for auto insurance had not changed significantly since last year, when companies did not seek a rate increase. So, Insurance Commissioner Jim Long signed an order requiring a 16.1 percent reduction in private passenger auto rates and a 11.7 percent reduction in motorcycle liability rates, effective Jan. 1. How's that for the wave of a bureaucratic pen? Read the entire article at the news-record.com
Jul 28, 2008 - Cost Per Mile
I like the concept, although I'm not sure how many folks will be willing to give an "eye in the sky" an inside look at their behaviour behind the wheel. Now if we can find a way to get unisured motorists off the roads so I can stop paying a premium for them, we'll be on to something. Read the article at Newsday.com
Mar 14, 2008 - Wild Rides
In some places, $5,000 yearly premiums aren't shocking -- they're the norm. Take Matt Ney of Arlington, Va., whose ticket-infested driving record resulted in a yearly bill of $4,000 until he turned 25. His ride: An Audi? A 350Z? A shiny new BMW? Nope. It's a 2000 Honda Civic, bought used. His monthly payments were just $100. "It's been very frustrating," said Ney. Hey Matt. "ticket infested" was under your control so quit whining. I had a friend in my mid 20's who was so in love with his Trans Am and driving it fast that his insurance company restricted the amount of his driving and he wasn't allowed to drive any other vehicles. And his premium was on the order of $5000 back around 1980. You want to play, you're going to pay. I'm tired of paying extra for uninsured motorists. Where do I go to whine? Read the entire story at MSNMoney
Jan 18, 2008 - Their Hands Are Tied?
I have the feeling that I might be a bit over-insured when it comes to my cars. Mind you, my insurance agents are great and will answer any questions I have. But any time I ask them about it and try to get some information to help me make a decision, they start to speak in a strange tongue I like to call Insurance Speak, and my brain start to hear the Charile Brown teacher voice going, "Wha whawha wha. Wha whahawha." Then I say, "OK, leave it like it is" So it doesn't surprise me to read the story about Allstate not being allowed to sell car insurance in Florida until it complies fully with subpoenas from the state seeking information about how it sets rates. State regulators had wanted the records to determine how those relationships might have influenced the rate increases -- ranging from 28.3 percent to 41.9 percent -- that Northbrook-based Allstate is seeking in Florida. I hope those regulators understand Insurance Speak Read the complete story at chicagotribune.com
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