I’ve lived in urban areas for most of my life. When you do that, your street-parked vehicles will get hit. You walk up to the car and the fender is mashed in or the bumper is bent… and there’s no note left by the perpetrator. In my experience — and I’d say that in my 34 years of driving, I’ve had parked cars hit and damaged enough to notice (some of my cars hid damage very well) at least 25 times. Not once has anyone ever left a note taking responsibility for the damage. I hear that this note-leaving phenomenon has been known to happen, but such a thing falls into the urban-legend category for me. How about you? (Read More…)
We have 5 cars and 4 drivers. My wife and I drive the three oldest vehicles: 2003 LS430, 2005 Z4, and 2000 Frontier. My question is regarding collision insurance on the Lexus and the BMW. I currently carry full coverage on both and am considering dropping collision coverage to save money. (Read More…)
According to Allstate’s latest annual “America’s Best Drivers Report,” three Massachusetts cities have the worst drivers. Allstate’s analysis included the nation’s 200 largest cities. But fear not, fellow Bay Staters: our Masshole reputation is undeserved, according to Slate Magazine. They have come up with their own top (worst) 40, and we’re way down the list.
We’ll tell you who those losers are. But first: here’s Slate’s critique of Allstate, followed by it’s own methodology.
In cities where owning a car can be a pain (New York, Boston, Seattle), drivers are opting instead to share vehicles with other drivers, with companies such as ZipCar, Car2Go, RelayRides et al offering their services to help the public get around. All anyone needs beyond the basics is a subscription to the car-sharing service, a reservation, and a drop-off location when they are finished with their errands. Even big-name rental car companies like Enterprise and Hertz are jumping into the new business model for a test drive, Avis having gone the farthest by purchasing ZipCar in January of 2013.
However, the insurance offered by these peer-to-peer rental companies might not all that it’s cracked up to be, with severe consequences should anything remotely catastrophic occur.
Drivers who were in a collision often follow the recommendation of their insurance company when it comes to fixing the car. By doing so, they hope for a more accommodating insurance company. They also are likely to end up with a car that has lost a lot of value. In collusion with insurance companies, low-cost collision shops use knock-off or used parts. (Read More…)
Two things happen today, December 21: The world is coming to an end. And in Europe, insurance companies are no longer allowed to vary premiums according to a policyholder’s sex. The first thought that flashed through my caveman mind was: “Those accident-prone women drivers will get great deals, and us guys will pay for it.” Wrong on both counts. (Read More…)
Brazil has some of the highest car prices in the world. Taxes, protectionism and high margins, coupled with the fact that Brazilians are gobbling up each and every car built in Brazil guarantees that this fact of life will not change any time soon. On top of that, Brazilians must pay 4 percent of the car’s price each year as tax. (Read More…)