Justin Stoltzfus The only time many drivers think about headlights is when an approaching car is blinding you with its brights. But what about your own headlights? Keeping them in good condition will help you see the road ahead and help other drivers see you — which could prevent accidents and auto insurance claims. Maintenance … Read more
New technology could make the roads safer for pedestrians, according to a recent report from the Insurance Institute for Highway Safety (IIHS). Nearly 60,000 pedestrians were injured in car accidents in the United States in 2009, according to IIHS, and more than 4,300 were killed. The roads have become safer for drivers and passengers over … Read more
Justin Stoltzfus Teen drivers are more at risk for accidents than experienced drivers. It’s reflected in state laws that restrict their driving privileges — and in their higher auto insurance rates. But what kind of behaviors causes these accidents? A recent study zeroes in on the moments before teen car crashes to determine what decisions — and … Read more
Crawford Frazer In 2010 alone, Pennsylvania police officers wrote 154,642 tickets related to aggressive driving and made hundreds of arrests, according to the Pennsylvania Department of Transportation (PennDOT). In an effort to reduce injuries and fatalities that result from aggressive driving, PennDOT has been using federal funds for an initiative it hopes will cut down on … Read more
Mary Lou Jay If you received an email offering automobile insurance for less than $400 a year, you’d probably think it belonged in the trash. But legitimate policies at those rates are available in California through the state’s Low Cost Auto Insurance Program (CLCA). CLCA is open to low-income California residents who meet certain eligibility requirements. It … Read more
Mary Lou Jay In most states, a driver can expect to collect certain damages from the at-fault party after an accident. But some states are taking that privilege away from drivers who don’t carry insurance themselves. “No pay, no play” laws target uninsured drivers by preventing them from being rewarded by a system they neglect … Read more
Jill Overmyer At minimum, nearly every requires you to have a certain amount of liability coverage for property damage and bodily injury involving your car. Liability insurance covers the medical and repair costs for the victims of accidents you cause. It won’t cover you or your car. When it comes to coverage for your own … Read more
Justin Stoltzfus With prices above $4 a gallon in some areas and no relief in sight, Americans are complaining about the costs of gasoline. Yet rising gas prices may have an unexpected benefit — keeping drunken drivers off the roads. The study’s findings When gas prices go up, people drive less, decreasing crash rates across … Read more
A life insurance policy designed to protect the policyholder from premature death for life. The oldest form of cash value insurance, whole life insurance is best purchased when you’re young and retained your entire life. Its premiums remain level as long as your policy is kept up-to-date and in effect. But if it lapses due … Read more
An insurance company that buys a life insurance policy from a terminally ill policyholder at a steep discount. The insured person often uses the money gained from the sale of his or her life insurance policy for needed medications or treatments not covered under other insurance plans. During the sale, a viatical settlement provider provides … Read more
