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Ford to sell Mazda shares to insurers?

While GM is being swamped with the persistent rumors surrounding the addition/dissolution of Chrysler, Ford's rumor mill has been heading in the complete opposite direction. It appears Volvo is on the way out of Dearborn, but Mazda may be sneaking ...

Top 10 most and least expensive cars to insure

Here's a post all the domestic-or-nothing crowd should enjoy reading. Of the 10 most expensive cars to insure as listed by Insurelane, only one is American-made, and it's no longer produced. And on the least expensive list, seven are Big Three ...

DaimlerChrysler and insurers agree on settlement payout

DaimlerChrysler has finally reached an agreement with its insurers that finally determines who is paying what in a settlement of a lawsuit filed by the automaker's investors over the nature of the merger that created company back in 1998. Chrysler ...

Barrett-Jackson debuts collector car insurance

Barrett-Jackson, the well-known purveyor of collector car events and auctions, have decided to roll themselves into the world of custom and collector car insurance. Unlike "mass market" insurance, the type most carry on their daily driver vehicles, ...

GMAC offers mileage-based insurance through OnStar

Of all the ways an insurance company calculates a driver's premiums, the one factor that's been left out of the equation is real world mileage. Sure, we tell the our insurance provider how many miles we travel, but if its less than the stated ...

Insurance companies close track day and advanced training loopholes

Click above for a high-res image If you've taken your car to the track for either an open lapping session or an advanced driver education course, you're undoubtedly aware of the potential risks. While most insurance policies say that the car ...

Car insurance claims drop; industry unable to explain phenomenon

The good news for auto insurance companies is that claims have dropped 15% in the last four years, with the result of a similarly healthy bump in profit. The bad news, at least for an industry that depends on the reliable statistical prediction of ...

British insurer says speed cameras are killing the points rating system

Britain's installation of more speed cameras and the swap to digital means they'll catch even more speeders. That's good for the treasury. According to British insurer Swinton, it isn't good for the points system that insurance companies use to set ...

Shelby GT350 stolen 26 years ago returned to insurance company, not owner

From the bible of the collector car world comes a cautionary tale of a stolen Shelby and a good lesson in caveat emptor. John Draneas of Collector Car Market recounts the story of a 1965 Shelby GT350 that was stolen back in 1979. The insurance ...

Free insurance not to continue for VW

Volkswagen tested a free insurance incentive in two states in which drivers who bought or leased a new Golf, New Beetle or New Beetle convertible received a year of free insurance. VW says the incentive worked but does not plan to ...

TGIF: Funniest insurance claims

It's Friday! This week for the Fun Friday post, I bring you "Funniest Insurance Claims" via Swap Meet Dave. Click on the link below and make sure your office door is closed lest you draw a crowd by laughing your ass off. In a world where truth ...

Driving down the cost of car insurance

Suze Orman, a personal financial expert, has put together a comprehensive list of ways to lower the cost of your car insurance, sometimes by as much as several hundred dollars. Orman is a well respected financial consultant for the masses, so we've ...

Mustang redesign makes insurers happy

Insurance companies are apparently quite happy with the work Ford has done on the new Mustang to keep accident repair costs down. Certain features, such as the set-back headlights, allow for reduced component damage during typical low-speed ...

New incentive for VW, free insurance

Lucky car shoppers in Illinois and Wisconsin will have a new incentive to get them into the showroom in 2005. Volkswagen will be offering a free year of car insurance for new buyers starting January 4 through March 31. The offer is only good ...

European insurers quit covering Ford and GM suppliers

Soaked in bad news, GM and Ford received yet another dousing when their three big European credit insurers dropped them this week. Euler Hermes, Atradius, and Coface have all refused to write policies for suppliers trading with both automakers. The ...

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Autoblog Podcast #154: Gobbling up the News

Chris, Sam, and Dan kick out a podcast just in time for the long holiday drive.

 
 

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