When it comes to car insurance, many drivers are familiar with the basics—coverage types, premiums, and claims. However, there are numerous fascinating and lesser-known aspects of car insurance that might surprise you. Join Famous & Spang Insurance as we unveil some intriguing facts that could change the way you think about auto insurance. Conclusion:At Famous […]
Car insurance premiums can fluctuate for various reasons, and when they increase, it can be a cause for concern. However, there are practical steps you can take to mitigate the impact on your finances. At Insurance Famous & Spang, we understand that insurance costs can be a burden, and we’re here to offer valuable advice […]
When researchers analyzed 73 elements of insurance across 49 policies from 34 insurers, they found a number of problems many drivers will encounter won’t be covered. While almost all policies provided personal belongings cover, which helps drivers replace or repair items damaged or stolen from the car, not all possessions are included. Just two policies […]
Lots of people take an in-depth look at their budget at the beginning of the new year. The holiday season may have resulted in more spending than usual. But with the new year, it’s an opportunity to rein in those expenses a bit. Cutting things like dining out and wardrobe upgrades are obvious ways to […]
Recently, I purchased a new car worth around three times more than my old vehicle. We needed a larger car to accommodate our growing family with room for two car seats and a dog. But I was worried about what the purchase would do to my car insurance rates. Read More […]
The pandemic sparked a shift in the world of car insurance. Despite providing customers an estimated $16.4 billion in refunds, auto insurance profits increased as fewer Americans drove and the number of auto claims dropped. But the pandemic continues to shift the industry, and now an increase in insurance costs is expected this year. Supply-chain […]
Shopping for car insurance can be frustrating. Everything from your neighborhood, age and credit score to the type of vehicle you drive can influence your rates. All the best car insurance companies advertise discounts and low rates, but which ones are actually affordable? We at the Home Media reviews team took a deep dive into […]
At the start of every new year, people set goals. Many of the most common resolutions set during the new year are financial in nature. For instance, some people resolve to pay off their debt before the year ends. Others want to decrease their spending and save money. If you’re one of those people who […]
Auto insurance rates are expected to climb 5% this year, according to Insurify. But a consumer group says many insurance companies still owe drivers refunds for driving less during the 2020 pandemic shutdown. “We have changed insurance companies probably three times. Four years and no accidents, so we’re like, Why is it so high?” wonder […]
A speeding ticket on your driving record increases the average cost of car insurance in Maryland by 11%, according to Bankrate’s 2021 study of quoted annual premiums. The increase is due to an increased risk of filing claims. In Maryland in 2019, the most recent year with available data, 72 fatalities and 2,737 injuries resulted […]
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