Cheap Vehicle Insurance, Reason Two of Why Auto Insurance Rates Are Going Up
Posted on Friday, Jul. 5th 2013 12:39 PM by Online Vehicle Insurance Quotes in Vehicle Insurance No Comments »
Below is reason two of five factors that are effective insurance rates and why they keep going up.
2) Cost of medical care has increased: Health care costs continue to climb due to a higher incidence of disease from an aging population and unhealthy lifestyles. When you add in exorbitant medical malpractice judgments and the superfluous tests begotten by a fear of lawsuits (as well as additional taxes and fees imposed by health care regulations), you get higher patient medical bills that must be paid for by auto insurers to claimants who are injured in collisions.
Related posts:
- Cheap Vehicle Insurance, Reason One of Why Auto Insurance Rates Are Going Up Cheap Vehicle Insurance, Reason One of Why Auto Insurance Rates Are Going Up...
- Cheap Vehicle Insurance Quotes, Higher Insurance Rates? Blame Rising Health Care, Car Costs Recent negative economic trends have impacted virtually everyone in one way or another. Many people are looking for ways to decrease spending, but for vehicle owners, auto insurance is a necessary expense that unfortunately may only be increasing. An economy with rising health care costs, ballooning car costs, and a bad job market usually translates […]...
- Higher Insurance Rates? Blame Rising Health Care, Vehicle Costs Recent negative economic trends have impacted virtually everyone in one way or another. Many people are looking for ways to decrease spending, but for vehicle owners, Vehicle insurance is a necessary expense that unfortunately may only be increasing. An economy with rising health care costs, ballooning car costs, and a bad job market usually translates […]...
- 9 Million Americans Lost Health Insurance Due to the Recession Roughly 9 million Americans lost their health insurance as a result of the economic downturn, according to a new report*. In all, 52 million Americans are currently without health insurance. The number of uninsured Americans rose by 4.3 million in 2009, mainly due to job losses. Most Americans receive health insurance benefits through their employer, […]...
- Additional FL Car Insurance Online Options to Compare Floridians could benefit from comparing the rates on various auto insurance options that are offered by insurers. By completing a comparison of more extensive protection, motorists may be able to find that being more adequately covered may be affordable and can be very beneficial in the event of a loss. One such option is to […]...
- Facts About Increased Maryland Vehicle Insurance Requirements Facts About Increased Maryland Vehicle Insurance Requirements...
- Adequate Florida Vehicle Insurance Coverage In the Sunshine State. one must carry automobile policies with a minimum of $10,000 personal injury protection (PIP) and $10,000 property damage liability (PDL). Vehicle owners must maintain this amount of coverage as long a vehicle has a valid registration tag. Personal injury protection will compensate insured for bodily injury that they sustain as a result […]...
- Florida vehicle insurance constantly ranking among the highest in the nation Florida vehicle insurance constantly ranking among the highest in the nation...
- Cheap Auto Quote, Using California State Laws to Receive the Lowest Auto Insurance Rates Cheap Auto Quote, Using California State Laws to Receive the Lowest Auto Insurance Rates...
- Avoid High Cost Extensive Florida Vehicle Insurance Avoid High Cost Extensive Florida Vehicle Insurance: Although the cost of vehicle insurance constantly ranking among the highest in the nation, usually in the top five, Floridians may not want to consider the idea of purchasing more vehicle insurance coverage. However, although Florida vehicle coverage can be expensive, it does not offer very much protection […]...
- Benefits of More Extensive FLORIDA Vehicle Insurance Florida is a No-Fault state, which means that motorists are required to carry $10,000 in personal injury protection to cover injuries to the insured and those who are covered by the policy. As many are aware, this dollar amount will not cover the medical expenses should an insured suffer injuries where a hospital stay would […]...
- Opting for Virginia Vehicle Insurance The state of Virginia has what is called a financial responsibility law, which means that all drivers, whether insured or not, are financially responsible in the event that they are involved in an vehicle accident and are found to be at fault. All insured motorists must purchase an vehicle policy that covers $25,000 for an […]...
- Online High Risk Auto Insurance in Rhode Island According to the Rhode Island Department of Health, someone is injured in a car crash every 10 seconds in the U.S. These accidents are often accompanied with vehicle damage or bodily injuries that typically need to be paid by someone, and usually this includes a motorist’s coverage provider. For this reason, RI residents with poor […]...
- Cheap vehicle insurance, Court Case Carries Implications for Iowa Policyholders A court case decided by the Iowa Supreme Court at the end of June has some potentially significant implications for drivers who are injured in auto accidents. In the case, Karen Robinson was seeking compensation from her insurer for medical expenses that arose nearly four years after the initial car accident took place. Robinson tried […]...
- Getting a Quote for Colorado Vehicle Insurance Basic levels of vehicle insurance are required for all vehicle owners in the Centennial State, but residents are encouraged to strive for the greatest amount of coverage possible while still remaining within budget. The mandatory liability insurance that the state requires is only in place to ensure that a motorist is financially responsible in the […]...
Posted on Friday, Jul. 5th 2013 12:39 PM | by Online Vehicle Insurance Quotes | in Vehicle Insurance | No Comments »