Share This Story! Let friends in your social network know what you are reading about Facebook Email Twitter Google+ LinkedIn Pinterest Detroit car insurance: Why Cleveland has it way cheaper A Free Press investigation found that residents of Ohio's largest black-majority city pay far less for car insurance than Detroiters. Sent! A link has been sent to your friend's email address. Posted! A link has been posted to your Facebook feed. 22 Join the Conversation To find out more about Facebook commenting please read the Conversation Guidelines and FAQs JC Reindl, Detroit Free Press Published 7:00 a.m. ET March 23, 2018 | Updated 4:15 p.m. ET March 23, 2018 CLOSE Detroit drivers face the highest average insurance rates for cars and other vehicles in the country, Wochit CONNECT TWEET LINKEDIN 22 COMMENT EMAIL MORE CLEVELAND — When Detroiters think of Cleveland, they might snicker about its disparaging old … [Read more...] about Detroit car insurance: Why Cleveland has it way cheaper
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TOKYO U.S. Trade Representative Michael Froman on Monday urged Japan to open its market to American cars and insurance companies, which would pave the way for a broader regional free trade agreement. Froman told reporters that the ongoing talks with Japan dealing with such historical sticking points are tied to the success of the larger and parallel Pacific free trade negotiations. "There are longstanding issues," he said at the Japan National Press Club. Japan joined the Trans-Pacific Partnership negotiations involving 12 countries on July 23, aimed at achieving regional free trade. The Japan-U.S. talks are dealing with non-tariff barriers such as the auto and insurance industries. Froman, in Asia for talks on the regional trade pact and meetings with his Southeast Asian counterparts, said the historical issues highlight a sense in some industries that "Japan's success came at the expense of others." He said that imported vehicles make up a tiny fraction of the Japanese market, … [Read more...] about U.S. trade rep urges Japan progress on auto access
Last Updated May 5, 2010 8:28 AM EDT As Neil Sedaka's Breaking Up Is Hard to Do plays in the background, actor Dennis Haysbert speaks directly to the camera in his most presidential baritone: "drivers who switched [to Allstate] saved an average of $396 a year ... $473 if they dumped GEICO." Wow, sounds enticing. And yet, auto insurer 21st Century boasts an even better deal: Its customers saved an average of $474 a year by dumping their carrier, the company says. But wait, there’s more! Drivers who switched to Progressive saved an average of $550, according to Progressive. Are these savings figures for real? And can you really save $400 or more a year by switching your car insurance? After trying to squeeze the truth out of insurance companies and speaking to consumer advocates, we found that the answers are: Yes, you can probably save a lot of money by making changes, but there’s no single company that offers the best deals. How Insurers Get Their Savings Figures It … [Read more...] about Car Insurance: Save Money by Switching?
(MoneyWatch) It seems like Hurricane Katrina and the BP (BP) oil spill should be enough troubles for one state. But if you live in Louisiana, you also pay the highest auto insurance rates in the country. According to a just-released study by the website Insure.com, the $2,536 average cost to insure a car in Louisiana is nearly three times the $889 average in Maine, the lowest-cost state. Factors that push up rates include a large number of uninsured drivers, state insurance laws, how many insurers compete in the state and whether recent natural disasters have pushed up claims. "Many of these problems are outside the control of drivers," says Amy Danise, editorial director of Insure.com. "But even if you live in an expensive state, you can hold down your insurance costs by keeping your driving record as clean as possible and selecting a car that is cheap to insure." After Louisiana, Oklahoma ($2,047) and Michigan ($2,013) are the next most expensive states. High levels of … [Read more...] about Most and least expensive states for car insurance
Is buying a used electric car a wise financial move? One thing that’s certain is that some of the same concerns that have dampened widespread acceptance of plug-in cars, particularly about battery range, have held back secondhand sales. At the same time, that reluctance is making many used models almost ridiculously cheap. A used electric vehicle or plug-in hybrid can represent a real deal for the thrifty shopper who wants to go green and is willing to do a bit of work to find the right car. Growing market A few years ago, there were almost no used plug-in vehicles to be had. The Nissan Leaf and Chevrolet Volt, the first modern mass-produced battery-electric and plug-in hybrid vehicles, respectively, weren’t launched until late in the 2011 model year. Leases didn’t start running out until the beginning of 2014, and because the cars initially were sold in only a handful of states, availability and selection were limited. But now there are almost two dozen … [Read more...] about Used plug-in cars could be a bargain