A new survey release by the website CarInsurance.com found 90 percent of drivers would consider buying a self-driving car if it meant a break on car insurance rates.
Insurance companies have been using tracking devices to monitor driver behavior for a couple of years, and have learned that there are three things you might be doing that could indicate you're a higher-risk customer (and, sadly, will have to pay more that safer drivers for your insurance.)
Pride yourself on being a safe driver? You might be paying a penalty for that distinction. The country's largest auto insurers often charge safe drivers more money for their annual insurance premiums than their more reckless counterparts, according to a study released Monday by the Consumer Federation Of America.
The effects of Hurricane Sandy are expected to ripple across the auto industry. In the short term, the superstorm is expected to hurt October sales figures, as dealerships across the Eastern Seaboard missed several days of sales. But in the months ahead, analysts expect the storm to boost an already-burgeoning industry as Sandy's victims replace damaged vehicles.
Today's autos are chock-full of safety equipment that vastly improves your chances of survival in the event of a crash. And if an automaker wants to achieve the best crash test scores, it has to ensure that parts like bumper beams, air bag sensors and radiator supports perform properly during a collision. But while automakers are concerned about their safety record, in some cases, aftermarket parts makers are more concerned with keeping costs down.
In 1974, this 1965 Volkswagen Type 2 (a.k.a. 'Bus') was stolen from Washington State. Fast-forward to October 19 of this year and custom agents at the Port of Los Angeles open up a container bound for Europe only to rediscover said van. Somehow, the Bus's VIN was still in the LAPD's stolen vehicle database. Guess which 1965 Type 2 is no longer headed for Europe?
When word got out that Mark LaNeve (right) was leaving General Motors effective October 15, we weren't at all sure where the soon-to-be-former exec was heading. The Wall Street Journal has finally let the cat out of the bag, reporting that LaNeve is leaving the auto business for a marketing gig at Allstate. LaNeve will sign on as the overseer of all marketing initiatives including brand stewardship, strategy and advertising, reporting only to CEO Thomas Wilson.
Spanish insurer MMT is currently offering a "green insurance policy" called ecopóliza that uses all kind of green incentives to attract customers. Purchasers of this package can not only get their legally-required insurance coverage, but they also get a tree planted in their name to offset some carbon emissions, a smart driving course directed by former F1 driver Emilio de VIllota that promises to teach drivers ways to save up to 20 percent in fuel costs and, finally, a free bicycle for c
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, custom car insurance addresses the specific needs of the owners of special vehicles. Classic and collector cars are often only driven limited miles, sometimes highly customized, and their market values often higher than other automobiles of the same e