“Honey? I just got into an accident!” she said.
My body experienced an instant adrenaline rush as my mind wandered through the worst “what if?” possibility of that moment, something like the image above.
My wife… Hospital… Pain… Medical bills… The other driver…
“Is everyone okay?” I asked in reply.
Matt Gephardt and KUTV in Salt Lake City have a good story about a Utah man who was hit by a state vehicle and its insurance company — which is the state itself — shortchanged him on his 1985 Mercedes-Benz SL Convertible.
The car was totaled, and the state offered to pay $8,000 for the car. Tyler Winger, who said he restored the car with his grandfather, said the car was worth $12,000 to $13,000. (He’s not completely wrong.)
Winger said the state told him that they wouldn’t budge and that he couldn’t complain to the state’s insurance oversight board since that board doesn’t have oversight over the state’s self-insurance company.
Automotive insurers use more than just your driving history to set your rates, the New York Times is reporting.
Factors such as your credit score, address and marital status can increasingly affect premiums more than driving history, the story explains.
A survey of the nation’s largest insurers — Geico, State Farm, Nationwide, Liberty Mutual and Farmers — found that a hypothetical woman in her 30s paid more if she was widowed, instead of married, at four of the five firms. The premium increases ranged from 3 percent to 29 percent. Only State Farm charged the woman the same, regardless of marital status.
Much has changed since I last had the opportunity to humblebrag on TTAC. My good friend Derek has monetized the skills he developed and honed here into an actual, real-life job in the automotive industry, and I’ve gone from owning two Porsche 911s to owning zero cars — at least temporarily.
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…)
Nice intake. (photo courtesy: finance.zacks.com)
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…)
Boston: not the worst?
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.
Ride-sharing service Uber has hit a few rough patches as of late, mainly from taxi operators and city and state officials who believe Uber and others like it are too disruptive for its own good. However, the Teamsters — who supported European taxi drivers in their protest of the service earlier this month — are throwing their support to Uber drivers wishing to organize.
Troyochatter submits this request for your perusal.
Hey there, I have a dilemma that you might be able to help with.
Got a sec?
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.