Automotive designs and engineering are rapidly evolving, and new cars today look and perform differently than models from just a few years ago. That’s especially true for heavier, much quicker electric vehicles. The Insurance Institute for Highway Safety updates its crash-testing criteria to account for the changes, which can often result in poorer scores in some categories.
Hyundai Motor Group bucked that trend in early testing this year, earning six Top Safety Pick + designations, the IIHS’ highest award, making it the most awarded automaker so far.
Despite being one of the last hero states to not require routine vehicle inspections, Michigan is infamous for boasting the highest auto insurance rates in the whole country. Blame the double-edged sword that is the state’s no-fault insurance scheme, the region’s relatively high number of uninsured motorists, or the general popularity of personal injury lawsuits (an American pastime). Heck, blame the whole insurance industry while you’re at it because it’s the one that managed to become wildly profitable off the concept that you’ll be bankrupted if you don’t pay in.
But don’t blame Michigan’s formerly mandatory unlimited personal injury protection (PIP) requirement that’s been around for decades, because it was done away with in 2019. The previous arrangement required drivers in The Mitten State to purchase unlimited PIP insurance, allotting for those at fault (no-fault insurance schemes be damned) to provide a lifetime of medical benefits to victims. On Tuesday, Gov. Gretchen Whitmer’s administration announced that the Michigan Catastrophic Claims Association (MCCA) fund will also be issuing $400 checks to drivers in the spring of 2022 as part of a $5 billion surplus that’s being handed off to insurers.
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.
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- Redapple2 I ll just get a 911. Nuff said.
- Carsofchaos I'll stick with my 2005 Crown Victoria
- Tassos Jong-iL Is that Prince Harry? I have not seen him and Meagan for a long time, I hope my Dear friends are well.
- Tassos Jong-iL I would like to wish a good morning to TTAC. There has been much arguments and fighting here, and we hope today will be more peaceful.
- Lachlan Anyone remember what happened the last time a senator named Hawley pushed a big tariff?