http://www.allstate.com/insurance-industry-news/general-insurance-news.aspx 60 en-us http://www.allstate.com/insurance-industry-news/general-insurance-news/homeowners-insurance-satisfaction-jumps-for-first-time-in-four-years-800765596.aspx Even though millions of people's homes were left in tatters after experiencing violent weather disasters last year, a considerable percentage of them are content with the home insurance claims process, a new report reveals.

Satisfaction rises 10 points among claimants

According to J.D. Power and Associates' 2012 U.S. Property Claims Satisfaction Study*, overall satisfaction property owners had with the insurance claims experience grew to 833 on a 1,000-point scale — the first time it's done so in four years — jumping 10 points from the previous year. J.D. Power said the rise is notable, as 14 of the 99 weather-related disasters resulted in more than $1 billion in damages each, according to statistics gathered by the Insurance Information Institute.

Jeremy Bowler, senior director of the J.D. Power and Associates' insurance practice, said the findings from the report came as a pleasant surprise.

"A period of tremendous volatility in the industry, caused by a large number of devastating storms, led us to anticipate that satisfaction would decline, but that clearly was not the case," said Bowler. "The industry as a whole did well in not only handling the day-to-day claims, but also the large volume of claims associated with those major events."

One-third of claims were related to high winds

The study also looked at the types of weather-related disasters homeowners experienced in the study period. High-wind claims — which include tornado and hurricane damage — comprised approximately one-third of all property claims, up 21 percent from the previous study.

While claims satisfaction was up overall, sentiment tended to vary when assessing it by regions. For instance, satisfaction in the South Atlantic and Northeast was high, as sentiment improved 36 and 18 points, respectively, when contrasted with the 2011 study. However, in the East North Central segment of the country, satisfaction tumbled 14 points.

Bowler noted that insurers can help drive favorable sentiment based on how proactive and expeditious they are with the claims process.

"The way in which carriers ramp up for a major natural catastrophe can have a major impact on customer satisfaction," said Bowler. "Having a plan in place to handle the increased volume of claims helps carriers, but so does having time to prepare for an oncoming storm."

Satisfaction influenced customers' tendencies to recommend or avoid insurer

The study also found that how positively insurance customers rank the claims experience tends to influence whether they would recommend them to their friends. For example, among claimants who professed to be "highly satisfied" with the claims process, 84 percent said they would "definitely" advise their friends to seek coverage from their insurer. On the other hand, among claimants who weren't pleased with the process, just 12 percent said they'd still recommend them.  

*according to J.D. Power and Associates on April 2, 2012 http://www.allstate.com/insurance-industry-news/general-insurance-news/homeowners-insurance-satisfaction-jumps-for-first-time-in-four-years-800765596.aspx Tue, 01 May 2012 11:28:41 http://www.allstate.com/insurance-industry-news/general-insurance-news/carelessness-can-be-recipe-for-injury-for-boaters-800750351.aspx With boating season around the corner, the Boat Owners Association of the United States* is reminding marine enthusiasts to be cautious when prepping their watercrafts for the first time this year, as carelessness may lead to a boat insurance claim or injury.

Don't weigh down the ladder

One of the more common issues that can easily be avoided is putting too much weight on boat ladders. BoatUS notes that at the beginning of the season, it is not uncommon to see boating enthusiasts going up and down their ladders as they bring various supplies on board. Nevertheless, if boat owners are not careful, carrying especially heavy items can cause wood ladders to break and others to buckle.

To avoid this, BoatUS recommends consulting with any warning labels listed on the ladder, which should say how much weight it is able to sustain safely, and not overload it. In addition, to prevent injury, boaters are advised not to go up and down ladder steps with sandals or flip-flops, as they can catch and cause injury to the person or damage the boat itself if carrying something heavy or sharp.

Keep jack stand in place

After a boat has been kept in storage for the winter, it is not uncommon for owners to apply a fresh coat of paint to the watercraft's hull. However, there is usually an area of the hull that can be difficult to reach without removing the jack stand. BoatUS says removing it is not a good idea, as when it is on dry dock, it is the jack stand is what is holding it in place.

"Lesson: Have the yard put the boat in a sling to finish the last few spots, or ask to have them add extra stands first," BoatUS cautions.

Always block trailer tires

Something else that prevents a boat from moving are blocked trailer tires. However, thinking that the jack stand is sufficient, many people do not block the wheels. BoatUS says a boater learned this lesson when he shifted his weight while he was in the boat, causing him to fall to the pavement when the watercraft moved. BoatUS says this can be avoided by blocking the wheels "every time, all the time," even if it appears as though the boat does not need them.

Avoid overreaching

Finally, BoatUS says that while a waxed boat can give the watercraft the extra shine it needs to attract others' attention, boat owners shouldn't go out of their way to wax portions of the boat that are out of their reach. Stretching beyond one's means to wax hard-to-reach areas increases the risk of falling when situated on a ladder or in some other precarious position.

Instead, boaters should not only refrain from overextending, but also ensure that the ladder underneath them is sturdy. It may be a good idea to have someone hold the ladder down so it cannot sway or tip over.

*according to The Boat Owners Association of the United States on March 12, 2012 http://www.allstate.com/insurance-industry-news/general-insurance-news/carelessness-can-be-recipe-for-injury-for-boaters-800750351.aspx Wed, 11 Apr 2012 13:22:09 http://www.allstate.com/insurance-industry-news/general-insurance-news/automakers-test-three-cylinder-engine-market-800750213.aspx With more vehicle purchases trending toward compact cars, the next big thing may be small engines.

According to the Los Angeles Times*, automotive expert Steve Cropley of Autocar magazine believes three-cylinder engines are the wave of the future, as they provide just as much pep as automotive enthusiasts have come to expect from four-cylinder engines.

"This engine is a game-changer," Cropley told the paper, referring to a Ford Focus with a three-cylinder engine that recently went on sale in Europe. "You barely hear the thing start, and it idles so smoothly you'd swear it had stalled."

Noticing its popularity in the continent, German automaker BMW is testing the three-cylinder engine market as well. The paper reports the company is in the midst of developing a vehicle that houses a three-cylinder engine, which could go on sale in the United States by 2017.

Not to be outdone, Ford says it will offer its customers a three-cylinder model by the summer of next year, as will Mitsubishi.

Automakers have had mixed results with smaller engines in prior years

However, the paper reports that automakers are treading lightly into smaller-engine waters, as previous attempts have often proven to be unpopular with the general public.

For example, the LA Times reports that Suzuki and General Motors sold the Swift and Chevrolet Metro, respectively, in the 1990s, but owners often complained that their tiny size left them unsatisfied, as the engines made a racket and had very little pickup.

Rebecca Linland, IHS Automotive analyst, told the paper that automakers have learned from their mistakes, and understand now that if they want to be able to sell three-cylinder engine cars, they have to make performance and fuel economy two top priorities.

Roughly half of vehicle purchases last year were four cylinders

As it is, many car buyers are purchasing more four-cylinder cars. According to data the paper compiled from automotive research website Edmunds.com, nearly 50 percent of the vehicles bought in America last year had four cylinders, up considerably from 37 percent in 2007.

In addition to smaller engines being more popular, automakers are trending toward building cars with smaller power units so consumers can save fuel. Last summer, 90 percent of all vehicle manufacturers that sell in the United States made an agreement with the Obama administration to increase the fuel efficiency standard for new car and light-duty trucks, which could potentially save consumers $8,000 per vehicle**.

In the meantime, the paper reports that Ford will ship its three-cylinder Focus to its Michigan-based headquarters this month to gauge consumers' reactions and determine what modifications need to be made based on reviews from engineers.

*according to the Los Angeles Times on March 16, 2012
**according to the National Highway Traffic Safety Administration on July 29, 2011
  http://www.allstate.com/insurance-industry-news/general-insurance-news/automakers-test-three-cylinder-engine-market-800750213.aspx Wed, 11 Apr 2012 11:08:03 http://www.allstate.com/insurance-industry-news/general-insurance-news/lawmakers-ask-for-tighter-regulations-on-oil-speculation-800747016.aspx Over the past several weeks, gas prices have continued to rise, putting pressure on consumers' pockets across the country. In addition, experts have said that prices are unlikely to recede before the summer, when high demand traditionally pushes prices at the pump even higher.

While many people are taking steps to save fuel and reduce the amount of driving they do, a group of lawmakers is asking the government to work to drop oil prices by putting a tighter rein on speculative trading in oil futures.

In a letter*, sent to the U.S. Commodity Futures Trading Commission (CFTC) by 23 senators and 45 members of House, they called for the agency to take action and quickly implement tough regulations that would reduce the impact of trading on oil prices.

Changes part of Dodd-Frank Act

The restrictions on speculation were part of the Dodd-Frank Act, which was originally passed in 2010. According to the letter, the rules had been set to go into effect by January 2011, but are still not in place.

The controversial rules would limit the amount of different contracts a particular trader can hold among specific types of commodities. While proposed limits were laid out last fall, the agency has delayed finalizing them while it works on other complex and intersecting rules.

Some say costs are significant

Many economists have said that speculative trading has a relatively negligible impact on the price of gasoline, and do not feel that the new rules will have much of an impact.

Others go in the opposite direction. During a speech earlier this month, CFTC Commissioner Bart Chilton** said that trading may add as much as $23 to the price of a barrel of oil, which translates to about 56 cents per gallon. For a standard pickup truck such as a Ford F-150, that means trading may add more than $14 to the cost of each fill-up.

The high prices have led some lawmakers to push the federal government to open up its strategic oil reserves, Reuters*** reports. That would increase supply and hopefully reduce prices while the economy continues its slow recovery.

*according to Senator Bernie Sanders on March 5, 2012
**according to CFTC Commissioner Bart Chilton on March 8, 2012
***according to Reuters on March 5, 2012 http://www.allstate.com/insurance-industry-news/general-insurance-news/lawmakers-ask-for-tighter-regulations-on-oil-speculation-800747016.aspx Fri, 06 Apr 2012 06:47:52 http://www.allstate.com/insurance-industry-news/general-insurance-news/identity-theft-prevention-strategies-800746338.aspx While vacation can be the perfect antidote for relaxation from the daily grind, many people leave themselves vulnerable to identity theft, which could lead to serious financial problems for individuals who are victimized.

Ken Hall, senior vice president for M&I*, said vacationers are frequently targeted by identity thieves.

"Identity theft can happen at any time but can be more likely while traveling because you're carrying a lot of sensitive information in a distracting and unfamiliar environment," said Hall.

As the group defines it, identity theft is just like it sounds—an act wherein someone steals someone's personal information, oftentimes their Social Security number, and then uses it to open a variety of accounts in the victim's name. While the financial impact may not be immediate, it can lead to lasting repercussions on a person's financial health, often taking years restore one's credit history.

However, Hall says that vacationers can prevent identity theft from becoming an issue by taking some precautions prior to embarking on their trip.

Be cautious with Social Security number

One way is to make sure as few personal documents as possible contain Social Security identification. For instance, Social Security cards should be left at home and anyone who asks for the number should be questioned why they need it.

While leaving several personal documents in one's hotel room is better than carrying them around everywhere, this may not be sufficient. Hall says that statements, checks and legal papers should be placed in a discrete or protected location, as many hotels rooms have a safe deposit box. In short, carry the smallest amount of identifying information as possible, such as a passport, driver's license and one credit card.

Use ATM in discrete manner

Hall also advises being cautious when entering information into an ATM. For instance, instead of punching in a pin number out in the open, it is best to cover the keypad so that no one can see what numbers are being pushed.

Some financial experts recommend carrying cash in place of credit and debit cards. However, cash can be stolen if handled improperly. Hall recommends buying a security money belt, travel purse or a money clip to help thwart pickpockets.

Refrain from leaving personal documents in checked luggage

Some may think it is better to keep their personal information in their luggage that is checked at the airport. However, Hall says this is a bad idea, as this type of documentation will generally need to be shown on multiple occasions. In addition, there is a chance it could be tampered with because the baggage is not physically in their possession.

*according to M&I on March 6, 2012 http://www.allstate.com/insurance-industry-news/general-insurance-news/identity-theft-prevention-strategies-800746338.aspx Thu, 05 Apr 2012 14:06:06 http://www.allstate.com/insurance-industry-news/general-insurance-news/nsbc-establishes-boat-navigation-rules-website-800739652.aspx Hoping to enhance marine enthusiasts' understanding of navigation rules - and in so doing, boat-driving safety - the National Safe Boating Council recently launched a new website.

According to the NSBC*, BoatOnCourse.com is a one-stop resource recreational boaters can turn to so they can better understand the rules of the water. Some of the tips on the website - which are provided by watching several different clips - include addressing basic aspects of boat safety, such as the best speeds at which to travel and the proper way to communicate with fellow boat travelers. The site also has a multiple-choice quiz that visitors can take so they can test their knowledge. Questions include why boaters need to be aware of the wakes they leave in the water and why they should slow down when passing a recreational fishing vehicle.

Website provides boaters with basic navigation rules

Virgil Chambers, executive director of the NSBC, said the website should help familiarize rookie boaters with boat safety and water rules, but it should also be useful for seasoned seafarers.

"BoatOnCourse.com is a great way to create an awareness of the navigation rules," said Chambers. "The scenarios can happen to any boater out on the water; this website addresses the most common navigation rules and boating situations, and provides resources for boaters to take their navigation rules awareness to the next level."

Links to boat safety courses provided

While the website is intended as a resource for basic rules and regulations, the NSBC says visitors will find a variety of links that point them toward comprehensive learning and training courses. All of the links have tools that enable boaters to find a class that is near to where they live.

In addition, there is a separate link on the website called SidekicksOnCourse.com. NSBC notes that this is an activity book geared towards kids that can be purchased. It includes various games and lessons that enable children to learn the rules of the water in a fun way. The website also has a link to a printable game board that can be downloaded for free, which enables kids to learn about navigation rules simply by playing.

NSBC says boaters can visit SafeBoatingCouncil.org for more information.

*according to The National Safe Boating Council on February 29, 2012
  http://www.allstate.com/insurance-industry-news/general-insurance-news/nsbc-establishes-boat-navigation-rules-website-800739652.aspx Wed, 28 Mar 2012 11:46:18 http://www.allstate.com/insurance-industry-news/general-insurance-news/thinking-about-a-boat-dont-forget-the-insurance-800725603.aspx With the winter nearly over and spring in the air, marine enthusiasts may be thinking about buying a new boat to use for the summer. While there are many things to consider before purchasing a watercraft, insurance should be among them, according to the Insurance Information Institute*.

What a boat insurance policy usually includes

As III notes, boat insurance gives boaters the coverage they need in case they are involved in an accident that severely damages or destroys their vessel. In addition, unlike some vehicle insurance policies, which may be limited in terms of what is covered, a standard boat policy is generally quite comprehensive, covering machinery and fittings for the boat itself, auxiliary equipment like anchors and outboard motors, as well as damage costs for someone else's property. III notes that medical bills for injuries sustained by the boat owner and their passengers are generally provided for as well.

Just as the coverages are wide in variety, so too are the average premiums policyholders pay, according to Loretta Worters, III vice president.

"Insurers assess the size, type and value of the boat, and the waterways in which it will be navigated, when determining how much you will pay for insurance coverage," said Worters.

Difference between actual cash value and agreed amount value

There are some differences among boat insurance policies that can affect how much a policy pays out.

For example, one type of boat insurance policy pays out a claim based on actual cash value, III indicates. This is where a policy pays for all the replacement costs minus however much it has depreciated at the time of the loss. The other type is an agreed amount value, which is where the insurer and policyholder come to a pre-determined agreement about the total value of the vessel in question. That amount will be paid out should the boat be destroyed in an accident or during a storm.

As for how much the deductible costs are, III indicates that they are usually $250 for property damage, $500 for theft and $1,000 for medical payments. Liability limits generally range between $15,000 and $300,000, but these, too, can vary.

Discounts can help reduce rates

Similar to auto or homeowners insurance, boat insurers often offer various discounts that policyholders may be able to seize. This includes price reductions for insuring diesel boats—a fuel that's less hazardous to the environment in the event of a leak—having fire extinguishers installed and completing a driving safety education course, III reports. Policyholders may also get a cheaper rate if they have a separate policy with the same insurer.

*according to the Insurance Information Institute on February 13, 2012
  http://www.allstate.com/insurance-industry-news/general-insurance-news/thinking-about-a-boat-dont-forget-the-insurance-800725603.aspx Thu, 08 Mar 2012 12:48:13 http://www.allstate.com/insurance-industry-news/general-insurance-news/gm-to-quell-drivers-fears-by-purchasing-back-volts-800703620.aspx A recent investigation launched by the National Highway Traffic and Safety Administration may harm sales of General Motor's Chevrolet Volt to consumers. However, GM CEO Dan Akerson said the company will buy back any Volt sold to drivers if the consumer fears his or her electric vehicle may catch fire, according to The Associated Press*.

The controversy began on November 25, after the NHTSA announced it would be launching an auto safety investigation into the Chevrolet Volt after the electric batteries caught on fire following three government tests. GM is currently preparing to expand its production rate to 60,000 annually in January, but the investigation and safety concerns may stunt sales of the vehicle until it is deemed safe.

Akerson said GM will not only buy back Volts to ease consumers' safety fears, but would also be willing to recall the nearly 6,000 vehicles currently in operation across the U.S. to repair them once the problem is identified, the AP reports. However, Akerson also says that he believes the vehicles are safe and that the fires that resulted from the simulated crashes broke out seven days later, he told the news agency. Further, he notes that no fires have occurred in real world driving or crashes since the vehicles were introduced.

"The fire broke out seven days later. Not seven minutes. Not seven seconds," Akerson said.

However, he also explained that the fires were likely the result of rigorous testing beyond industry standards and the introduction of new technology during the crash simulation. Despite the strict testing standards, GM has agreed to also hand out loaner cars to Volt drivers until the company finds a solution to problem.

Ramifications

Although GM is making strides to repair any potential problems to the Volt vehicles, analysts say that the NHTSA investigation is likely to cause setbacks in the sales of all electric autos, according to Businessweek**. The news magazine explains that Lithium-ion batteries are installed in all electric vehicles, raising fears that these issues may arise in other models.

To date, no other manufacturers of electric vehicles have received reports of fires during real-world driving or auto accidents.

*according to The Associated Press on Dec. 1, 2011

**according to Businessweek on Dec. 1, 2011 http://www.allstate.com/insurance-industry-news/general-insurance-news/gm-to-quell-drivers-fears-by-purchasing-back-volts-800703620.aspx Mon, 20 Feb 2012 16:09:31 http://www.allstate.com/insurance-industry-news/general-insurance-news/natural-disasters-lead-to-435-billion-in-economic-losses-worldwide-800709716.aspx Disaster preparedness will likely be a priority to many countries in 2012 as environmental catastrophes throughout the world last year led to a record level of insured losses.

According to a new analysis published by global reinsurance firm Aon Benfield* titled "Annual Global Climate and Catastrophe," total insured losses stemming from natural disasters worldwide last year amounted to $107 billion, topped only by the $120 billion in 2005, the brunt of which resulted from Hurricanes Katrina, Rita and Wilma. Economic losses overall were in excess of $435 billion.

The multi billion-dollar price tag marks a 280 percent increase when contrasted with the insured losses nations felt in 2010, the report found.

Insured losses driven primarily by flooding, earthquakes

While virtually no continent was immune from nature's wrath, much of the insured losses stemmed from three weather events, namely earthquakes, floods and one cyclone. In fact, 81 percent of losses were from five environmental incidents, two of which were flooding-related.

"The most fatal, destructive and costly natural disasters of 2011 impacted countries in North and South America, Asia, Europe, Australasia and Oceania," said Stephen Mildenhall, CEO of Aon Benfield Analytics. "Total insured losses were over two and a half times the losses from 2010—which in turn were almost double the losses from 2009. A frequency of severity during the year tested primary insurance company retentions and their reinsurance protections."

He added that the high prevalence of severe weather-related disasters provided insurers and reinsurers with opportunities for ways in which they can be there for policyholders.

Japan earthquake costliest of all disasters

Of all the disasters that occurred, none was more costly than the earthquake that occurred in Japan on March 11, which led to 16,000 fatalities and $35 billion in insured losses. Economic losses were six times more at $210 billion, the report confirmed.

Steve Bowen, senior scientist and meteorologist at Impact Forecasting, which published the report, added that even though the Asian continent weathered the most significant incident, the U.S. was hard hit by several violent weather events.

"The United States also endured a highly active year," said Bowen. "Extreme severe weather outbreaks highlighted the year's activity, which was also marked by Hurricane Irene's landfall, flooding in the Mississippi and Missouri River Basins and a prolonged drought in the Southwest. In total, a record 17 separate billion-dollar events were recorded in the U.S. in 2011. This surpasses the previous record of nine set in 2008."

Major flooding events were fairly frequent throughout the world in 2011, as the report noted Australia, South America and Thailand all endured flooded conditions over an extended period of time. In Thailand alone, economic losses were anticipated to be as high as $45 billion, with insured losses totaling $11 billion, according to Thailand's Office of Insurance Commission.

*according to Aon Benfield on Jan. 10, 2012 http://www.allstate.com/insurance-industry-news/general-insurance-news/natural-disasters-lead-to-435-billion-in-economic-losses-worldwide-800709716.aspx Thu, 16 Feb 2012 12:44:20 http://www.allstate.com/insurance-industry-news/general-insurance-news/flooding-to-become-more-frequent-costly-in-some-areas-800703493.aspx Flooding poses a myriad of problems to homeowners who live in low-lying areas, and researchers say the issues are only likely to become worse as future storms are expected to become stronger and more intense.

A recent report in the Asbury Park Press* reveals that New Jersey is one of the states most heavily affected by flooding and intense storms, the most recent of which was Hurricane Irene this past August. Residents who live in low-lying areas have battled the costly ramifications of floods in recent years, but many say they fear future flooding will become more financially burdensome. Sayreville, New Jersey, resident Fran O'Connor told the newspaper she takes the proper precautions during storms, but there are many household items she cannot protect.

"Every time there is a bad storm, we run the risk of our street flooding," O'Connor told the newspaper. "Whenever there is a bad storm predicted, we move our cars to higher elevation and start going into flood protection mode. We move things out of the basement, move furniture up from the first level to the second level, but we can't move our furnaces, hot water heaters and, in most cases, our washer and dryers."

As a result, O'Connor and many other residents are forced to pay out thousands of dollars to replace furniture and cover the costs of repairs, the paper explains.

Few homeowners purchase flood insurance

Flooding is not included under standard homeowners insurance policies and thereby require homeowners who live in flood-prone areas to purchase flood insurance. However, Americans in many areas of the country have resisted the push to buy a supplemental policy, especially in locations that see few instances of flood damage. Some insurance professionals, however, say that homeowners who live in risky areas and fail to purchase flood insurance are essentially gambling with their assets.

"We are seeing more frequent storms that result in increased flooding," Insurance Information Institute vice president Loretta Worters told the news source. "Unfortunately, a lot of people living in flood-prone areas still aren't purchasing flood insurance. People keep thinking, 'It's not going to happen to me' or 'It happened once; it won't happen again.'"

*according to the Asbury Park Press on Nov. 17, 2011 http://www.allstate.com/insurance-industry-news/general-insurance-news/flooding-to-become-more-frequent-costly-in-some-areas-800703493.aspx Wed, 08 Feb 2012 15:18:25 http://www.allstate.com/insurance-industry-news/general-insurance-news/retirement-may-realistically-begin-beyond-the-age-of-65-800703090.aspx Retirement planning firms are now tasked with their largest group of clients in the history of the United States as a U.S. Census Bureau brief reveals 40.3 million people were 65 and older as of April 1, 2010.

Due to the instability of the economy, more elders must delay their retirement, in some cases all the way into their 80s. Many delay retirement and continue working out of necessity, while a smaller percentage voluntarily keeps working. Overall, the stagnancy of the economy is expressed by the abundance of individuals in their retired years who cannot manage the cost of living on their pensions alone.

In addition to a weak workforce in the United States, American elders aren't implementing effective retirement plans and are forced to work later into their careers simply because they didn't save enough money.

Retirement planning should begin during the young adult years and continue all the through elder ages. Although current elders may have saved effectively throughout their lives, 75 percent of respondents of a Wells Fargo survey revealed they expect to continue working throughout their retirement years, while 35 percent of which will do so out of personal pleasure – meaning, 65 percent will have to work primarily to upkeep their cost of living.
                          
Financial planning for retirement does not happen overnight and is better secured with the services of a financial advisor. According to a study by Franklin Templeton Retirement Income Strategies and Expectations, 31 percent of Americans label funds throughout their retirement as the primary concern heading into elderly years.

"What the survey brings into focus is that Americans have differing views on expectations, timeframes and concerns surrounding retirement, especially among various age groups,” David McSpadden, senior vice president of global advisory services at Franklin Templeton Investments, said in a statement. "For example, when asked where most of their retirement income will come from, the top choice for those ages 18 to 44 was a 401(k) or other individually funded workplace plan.  For those 45 and over, it was Social Security. This indicates that younger individuals increasingly realize the need to take control of their retirement income needs."

In order to understand the ins and outs of a retirement plan, an individual can meet with a financial advisor who may take into consideration current economic trends, project the client's expected revenue over the course of years, while laying out a realistic plan. Ultimately, it is the duty of the individual to follow that plan, but doing so can ensure a safe and funded retirement, The Wall Street Journal reports. 

Before meeting with a financial planner, an individual should investigate the reputability of the company the consultant works for and have them present certifications of qualification. http://www.allstate.com/insurance-industry-news/general-insurance-news/retirement-may-realistically-begin-beyond-the-age-of-65-800703090.aspx Tue, 07 Feb 2012 21:16:42 http://www.allstate.com/insurance-industry-news/general-insurance-news/electric-vehicle-expert-says-evs-will-never-take-off-with-some-consumers-800702359.aspx With many consumers putting a greater focus on living in an eco-friendly manner, automakers have responded by producing vehicles that run on renewable energy sources. Perhaps the most well known companies to do this are General Motors and Nissan, as each produced electric models within the past few years—the Volt and the Leaf, respectively.

And while many motorists are attracted to these vehicles because of their efficiency and mileage, one of the country's leading minds on electric-vehicle technology believes that these cars will never be anything more than a niche market, despite billions of dollars invested in them by the government.

Ian Wright, an EV specialist who's credited with inspiring many of the manufacturing marvels produced by Tesla, talked about this during a keynote address at the Custom Integrated Circuits Conference in San Jose, California, last year.

"The high cost of batteries will keep pure electric vehicles such as the Nissan Leaf and Chevy Volt out of the mainstream consumer market," said Wright at the time. "You will get early adopters with the Leaf, but you will not get to a mass market. Today’s Chevy Volt is well designed, but will cost about twice as much as a similar gas vehicle."

Just 5,000 Volts sold in 2011

More than two thirds of the way through 2011, Wright's words have proven prophetic, particularly as it relates to the Chevy Volt.

At the beginning of the year, GM set a sales target of selling 10,000 Chevy Volts by the end of 2011. But through October the company has shipped a shade more than 5,000, according to several reports. What's more, in September alone, GM sold just 1,108 units.

Sales for the Nissan Leaf haven't fared much better, as the company shipped just shy of 850 Leafs in October. However, in year to date sales, Nissan is far outpacing the Chevy, having sold close to 8,050 electric vehicles.

What will inspire more motorists to consider buying? According to Wright, it will take double-digit gas prices.

"[They] will have to soar above $10 per gallon to make such consumer EVs economical, even at lower battery costs," he said.

But federal officials are looking to prevent that from happening by raising fuel economic standards.

EPA, DOT announce fuel economy, greenhouse gas standards

In July, President Barack Obama announced that fuel efficiency standards would be raised to 54.5 miles per gallon for all cars and light-duty trucks by 2025. And on November 16, the Environmental Protection Agency and the Department of Transportation unveiled their plans to set stronger fuel economy benchmarks. Once implemented, the standards are expected to cut oil consumption by four billion barrels per year and eliminate two billion metric tons of greenhouse gas pollution over a vehicle's life.

"These unprecedented standards are a remarkable leap forward in improving fuel efficiency, strengthening national security by reducing our dependence on oil, and protecting our climate for generations to come," said Ray LaHood, DOT secretary. "We are pleased that we've been able to work with the auto industry, the states, and leaders in the environmental and labor communities to move toward even tougher standards for the second phase of the president's national program to improve fuel economy and reduce pollution." http://www.allstate.com/insurance-industry-news/general-insurance-news/electric-vehicle-expert-says-evs-will-never-take-off-with-some-consumers-800702359.aspx Tue, 07 Feb 2012 13:26:57 http://www.allstate.com/insurance-industry-news/general-insurance-news/general-motors-reaches-record-profit-after-receiving-bailout-800696736.aspx The U.S. auto manufacturer is making a lot of money after being saved by the Obama administration with a $50 billion bailout.

Bloomberg* reports that General Moors is making more money than ever and gaining market share all while adding jobs. The source says that GM has hired or called back 13,000 workers since August 2009 and plans to add 6,300 more over the next couple of years as increased car buying has boosted its earnings. The source reports that after giving GM a $50 billion bailout, the president may be worried come election time.

On Friday, December 23, GM closed at $20.50 a share, which is less than half the price that the Treasury Department needs to break even, says the source. Obama may find himself in a pickle come August when Republicans nominate a candidate. The news source reports that the government will need to either still own a large part of GM or the stock will have been sold off with a loss that could be greater than $10 billion. One New York analyst told the source that investors are waiting to buy into GM as they are expecting the U.S. will be selling millions of shares which could push down the price. An economist said that opponents will be ready to criticize Obama either way.

"They want to hold on and get the best price, but the longer they hold onto it, they come open to the scorn that the administration still has a horse in the race and could make policy that is favorable to GM," Dan Ikenson, an economist at the Cato Institute told the news source.

The source reports that Steve Rattner, the leader of Obama's automotive task force, said that Republicans will try to use the bailout against the Democratic party. He also said in an interview that the president will have to stand by his belief that the bailout saved the economy from falling into a deeper recession.

"The auto industry will be a centerpiece in this election in terms of what Obama did and what the Republicans say they would have done," Rattner told the source. "Obama will have to say that if he hadn't done it, things would be worse."

Despite the bailout, the source says that GM's pension plan is still underfunded, and was short $22.2 billion at the end of last year. According to Bloomberg, GM is expecting 2012 to be a transition year for new models as it is preparing to introduce new pickups in 2013.

An analyst for the source says that while the company built up an inventory of trucks, U.S. automakers may increase cash discounts to help eliminate an overload of vehicle stockpiles. This will also maintain market share while Asian manufacturers' production recovers after the natural disasters of the past year.

*according to Bloomberg on Dec. 23, 2011 http://www.allstate.com/insurance-industry-news/general-insurance-news/general-motors-reaches-record-profit-after-receiving-bailout-800696736.aspx Tue, 31 Jan 2012 08:57:56 http://www.allstate.com/insurance-industry-news/general-insurance-news/japanese-cars-that-could-make-for-a-comeback-in-2012-800696729.aspx After the earthquakes and flood in Asia, Japanese auto manufacturers saw a huge loss in sales. One source reports that 2012 may be the year for Toyota, Honda and Nissan to regain their spot at the top of the U.S. auto market.

CNN* reports that 10 Japanese cars may be able to help with a comeback over automakers that have been dominating headlines this year.

Listing the comeback cars

According to the source, the redesigned 2012 Toyota Camry is expected to do well after receiving praise since its launch last fall. Consumers who are loyal to the brand have generated the most sales, and the source says the company's goal is to sell 360,000 cars including 50,000 hybrids in 2012.

Despite the boom in luxury cars, the source reports that Lexus has been slow to produce a new and atheistically pleasing model. CNN says that sales have fallen 14 percent but the completely revamped 2013 Lexus GS 350 offers buyers a new design. Lexus' other hopeful is the new standard-bearer LF-A, a limited production supercar that will cost you $375,000. The source reports that buyers in the U.S. must lease the car for a minimum of two years before being able to purchase it.

Hybrid cars have not been doing so well on the market but the Toyota Prius has always done exceptionally well. CNN reports that the 2012 Toyota Prius line's plug-in Prius PHV may win over those who want to be green. The source says it goes on sale in the spring for $32,000 and emits half the carbon dioxide of a standard Prius.

Mid-size cars have helped boost Nissan's market share to 8.2 percent in 2011, up from 7.8 percent from the previous year, according to the source. The 2012 Nissan Altima may help the company defeat competitors such as Hyundai-Kia and Honda in U.S. auto sales this coming year. Nissan also hopes to see continued success of the all-electric Leaf. CNN reports that the company plans on releasing three more battery-powered models and their success is dependent on buyers desire to be more eco-friendly.

New releases to play a role

The 2013 Honda Accord will not be available until the fall, replacing the 2012 as the ninth-generation model, says CNN. The new model will reportedly convey a dynamic and aggressive profile.

The source reports that Honda's sub-luxury brand, Acura, will rely on the 2013 Acura ILX to boost sales. The compact car will replace the TSX model and is said to include Acura's first hybrid model.

The 2013 Mazda CX-5 compact crossover will offer buyers a unique shape and design with engine, transmission, body and chassis upgrades, according to the news source. The company has set a goal of selling 400,000 vehicles annually in the U.S. in the next two years. The source reports that the automaker saw a 12 percent gain in auto sales in 2011, reaching 228,073.

Subaru is reentering the sport coupe category with the 2012 BRZ. The source says it is set to be on sale in the spring and its sporty style was an attempt to reinvent the image made by Subaru's Outback and Forester models.

*according to CNN Money on Dec 22, 2011 http://www.allstate.com/insurance-industry-news/general-insurance-news/japanese-cars-that-could-make-for-a-comeback-in-2012-800696729.aspx Tue, 31 Jan 2012 08:54:03 http://www.allstate.com/insurance-industry-news/general-insurance-news/japanese-automakers-expect-rebound-with-subsidies-800696716.aspx Sources report that Japanese automakers are expecting sales to bounce back in 2012 as the country recovers from natural disasters that slowed production last year.

Bloomberg* reports that Japan's automakers expect domestic sales to rebound this year as they recover from the March earthquake and as the government provides subsidies while extending tax breaks to promote car buying.

According to the source the demand for cars, trucks and buses in Japan has the potential to grow by nearly 900,000 units in 2012 after reporting a 14 percent drop in 2011. Sources report that U.S. based automakers gained an advantage in U.S. auto sales during the Japanese shortages as popular compact cars including the Toyota Corolla and the Honda Civic were less available.

Carmaker Competition

The Associated Press** reports that Ford, GM and Chrysler saw their combined share of the U.S. market rise by 200,000 cars and trucks between the end of 2010 and November 2011, with an increase to 47 percent. Honda's share fell 1.6 points to 9 percent and Toyota's decreased by 2.5 points to 12.7 percent, according to the source.

The Japan Automobile Manufacturers Association predicts that car sales will grow at the pace seen in 2009 when tax cuts and subsidies were previously introduced. The association predicts that the domestic demand in 2011 is expected to drop to 4.25 million from 4.95 million in 2010.

The combination of the earthquake in Japan and the floods in Thailand impacted the countries' production abilities. The source reports the loss forced Toyota to decrease its profit forecast by more than half.

Subsidies and Sales

According to Bloomberg, the trade ministry reports that the Japan's government will allocate 300 billion yen, equal to $3.8 billion, for auto incentives as part of a post-earthquake boost. If the supplementary budget is passed, subsides will reportedly apply to eco friendly cars that are registered starting in December.

Industry wide vehicle sales in China may also increase this year by nearly 7 to 8 percent according to Toshiyuki Shiga, Chairman of the Japan Automobile Manufacturers Association. The source reports that Shiga is also the chief operating officer of Japan's second-largest carmaker, Nissan.

*according to Bloomberg on Dec. 20, 2011

**according to The Associated Press on Jan. 3, 2012 http://www.allstate.com/insurance-industry-news/general-insurance-news/japanese-automakers-expect-rebound-with-subsidies-800696716.aspx Tue, 31 Jan 2012 08:42:41 http://www.allstate.com/insurance-industry-news/general-insurance-news/expectations-for-the-2012-real-estate-market-800696706.aspx Homeowners who are looking to improve their finances and who are setting up a real estate plan for the new year should do so with knowledge of the housing market. Inman.com* predicts what is to come in 2012.

According to the source, homeowners should expect to see even more foreclosures throughout the new year. This prediction comes from reports that banks have taken longer to begin the foreclosure process which has caused an increased amount of backed-up paperwork. Many banks have reportedly taken months and even years to actually foreclose on defaulted mortgages and as banks continue to be pressured in catching up, the source says it is inevitable that there will be an increase in foreclosures.

Inman also reports that distressed home sales will continue to dominate the homes on the market, meaning buyers will have to be open to challenges that come along with short sales. The source predicts that short sales and REOs will be considered normal throughout 2012 and should give buyers the power to make educated offers and realistic expectations for listings.

The source also suggests that so-called smart cities will do well regarding home values. Inman says that this year, while many housing markets took hit to home values or remained flat, home values in areas where technology powers the economy remained competitive. One economist told the source that cities in California as well as Texas, Massachusetts and New York are expected to prosper due to being developing centers for technology.

An increase in real estate activity would certainly help the overall recovery of the economy but the source says that both buyers and sellers may continue to hold out throughout 2012. The source predicts that people will make their real estate plans on current low home prices, versus the unpredictable prices that would be offered if the market stabilized. Sellers and buyers are also expected to make plans based on assumptions of very low or non-existent appreciation in home values and will remain conservative with estimates of personal finances and their growth in the new year. The source says buyers will be in no rush to purchase and will continue to save and buy when the time is financially right. Homeowners are predicted to do the same and will most likely turn to home remodeling , refinancing, or repairs to remain happy with their home instead of buying a new one.

Overall, the source says people will make decisions based on their own finances rather than rely on what is to come of the unpredictable housing market throughout the new year.

*according to Inman News on Dec. 27, 2011 http://www.allstate.com/insurance-industry-news/general-insurance-news/expectations-for-the-2012-real-estate-market-800696706.aspx Tue, 31 Jan 2012 08:32:27 http://www.allstate.com/insurance-industry-news/general-insurance-news/could-private-insurers-offer-flood-insurance-800691162.aspx From a volatile stock market to a turbulent economy, a struggling housing market to meager job growth, 2011 will go down in the record books for a lot of things. An additional aspect that typified the year was violent weather.

According to the Insurance Information Institute, the first nine months of 2011 led to $350 billion worth of economic losses, breaking the previous record of $230 billion set in 2005. A considerable portion of that total—approximately two-thirds—resulted from hurricanes and floods.

Fortunately, flood and home insurance provided thousands of Americans with the assistance they needed to recover from their losses. Established in 1968, residential flood insurance has primarily been provided by the Federal Emergency Management Agency through the National Flood Insurance Program. According to FEMA, five million households are covered under NFIP, a program that has struggled with limited amounts of funding.

National Flood Insurance Program $18 billion in debt

According to the Wharton School at the University of Pennsylvania, the NFIP is nearly $18 billion in debt due to the massive amounts of flood claims that have taken place since 2005. While Congressional leaders have renewed the program more than a dozen times since its establishment, many people are wondering if the program can be sustained for much longer.

To address the issue, the Wharton School recently conducted a study that analyzed what impact private insurance companies could have on flood insurance if they offered their own plans.

Private plans may prove cheaper than NFIP

Insurance experts in the past have indicated that private insurers would likely not be able to offer these types of plans because they would be more costly than what the NFIP charges, thus policyholders would be hesitant to buy them. But according to the study, which used probabilistic catastrophe flood modeling, prices charged by private insurers could be lower than the NFIP's.

After reviewing rates in parts of Texas, the study found that NFIP premiums were often higher than flood insurance premiums determined by the probabilistic flood modeling to be "actuarially fair."

"This presents opportunities for private insurers to provide coverage in some of those areas, to complement the NFIP," said Erwann Michel-Kerjan, co-author of the study and managing director of The Wharton School's Risk Center. "There are several practical barriers that would need to be addressed for private insurers to sell such coverage, but if done, this could significantly increase the number of residents with proper coverage, thus reducing the need for government disaster relief."
  http://www.allstate.com/insurance-industry-news/general-insurance-news/could-private-insurers-offer-flood-insurance-800691162.aspx Tue, 24 Jan 2012 13:13:55 http://www.allstate.com/insurance-industry-news/general-insurance-news/extraordinary-insurance-claims-stories-800691157.aspx While virtually all auto insurance claims are made after an unfortunate set of circumstances occurred, they're typically not too extraordinary. In general, claims involve accidents that were experienced on the roadway or were weather-related incidents. No matter what happens, though, the claims are made because they resulting in damage.

But every year, insurers receive a considerable number of claims that stray from the usual. Harriet Prentice, an MSN.com contributor and author, chronicled some of these extraordinary insurance claims that have occurred around the world in a book titled "Am I Covered? You're Covered." All of the incidents were covered by insurance.

Dog takes car for a ride

One of these abnormal insurance claims cases occurred in Scotland. According to Prentice, a married couple was about to take their dog, Ruby, out for a ride in their car when the canine was able to break loose from its leash and jump into the vehicle that was parked on a steep hill. In doing so, Ruby released the handbrake that was preventing the car from rolling down the embankment. By the time the car came to a stop—with Ruby still inside—the wayward vehicle had slammed into two other parked vehicles and knocked over a fence.

An 'elephant-sized' insurance claim

Another incident that involved an animal occurred in England. Prentice writes that a motorist was parked in neutral on a local street, waiting for a circus parade to pass through. While waiting, the driver decided to snack on a sandwich. To the driver's surprise, an elephant that happened to be near the vehicle at the time spotted the sandwich and managed to grab it from his hands with its trunk through the driver's side window. But when the elephant attempted to retract its trunk, it wound up breaking the windshield.

Sneeze and smash

An additional extraordinary insurance incident involving food occurred in the U.S. while a motorist was enjoying lunch. The elderly gentleman was sitting quietly in his car when he decided to remove his dentures. Just as he was about to move them, a sudden urge to sneeze caused him to spit them out, ultimately landing on the road. Before he could retrieve them, a passing car ran over the false set of teeth, smashing it into pieces, Prentice details.

Lightning bolt leaves $20,000 price tag

While motorists are typically the ones that make auto insurance claims, businesses make them as well. An Australia-based Honda dealership was particularly grateful it had taken out a policy on its vehicles. According to Prentice, in the city of Brisbane, a severe thunderstorm struck one of its vehicles that was sitting outside among a lineup of other models. Sustaining $20,000 worth of damage, the dealership was able to pay for the damages because its plan covered lightning-related events.
  http://www.allstate.com/insurance-industry-news/general-insurance-news/extraordinary-insurance-claims-stories-800691157.aspx Tue, 24 Jan 2012 13:11:27 http://www.allstate.com/insurance-industry-news/general-insurance-news/technological-advancements-to-look-forward-to-800688049.aspx Thanks to advancements in technology, many things that the typical consumer was unable to do five years ago they are able to do today. With this in mind, IBM recently unveiled its list of innovations that may seem extraordinary by today's standards but could be a part of everyday life five years from now.

Better channeling of energy sources

One of these breakthroughs involves harnessing the power that living things give off. As IBM indicates, virtually everything creates energy, whether it's the heat that's generated from a computer or the water that flows through pipes. Thanks to the advancements in green technology that are anticipated, IBM says this type of kinetic energy will be able to power cities, homes and offices. Currently, IBM scientists are analyzing how ocean waves may be able to electrify aspects of modern life.

No more passwords

Another innovation that may prove to be popular with people who have multiple passwords is technology that will render them unnecessary. Because each person has their own biological identity, biometric data—which includes a person's tone of voice, their eye patterns and facial features—will serve as the method in which consumers can access their various accounts.

Mind-reading devices

Mind-reading is something that many people wish they had the ability to do. But according to IBM, these wishes aren't far from being realized for gadgets and electronic devices. Researchers are analyzing how to link one's brain with phones and other electronic platforms, potentially enabling users to simply think of turning something on and having it happen.

Greater access to information

Since the dawn of the internet age, information is literally at individuals' fingertips. However, its availability isn't uniform for everyone throughout the world, particularly in underdeveloped nations. That will be a thing of the past five years from now, however, as IBM says the divide between the haves and have-nots will narrow due to a surge in mobile technology.

More personalized mail

Finally, the mail in which consumers receive will undergo a makeover, according to IBM. The junk mail that people receive in their mailboxes and spam that they're flooded with through email will no longer frustrate consumers, as filters will become more effective. In addition, mail offerings will be much more personalized, with information that the receiver will find particularly relevant or useful. http://www.allstate.com/insurance-industry-news/general-insurance-news/technological-advancements-to-look-forward-to-800688049.aspx Thu, 19 Jan 2012 12:55:54 http://www.allstate.com/insurance-industry-news/general-insurance-news/expanded-graduated-driver-licensing-laws-could-save-lives-and-money-800681549.aspx A recent report says that the implementation of comprehensive graduated driver licensing laws could save lives and money with improved auto safety.

The Allstate Foundation License to Save Report and the National Safety Council say that if all 50 states initiated GDL laws, they could save an estimated 2,000 lives and up to $13.6 billion per year.

According to the source, the findings come just in time for Congress to see as they are considering the reauthorization of highway and infrastructure spending, which includes measures of public health and safety. The laws would ensure new drivers gain experience under supervised and less risky conditions, much like an extended permit.

One official says that elected officials don't have many opportunities to take actions that could make such a large impact with one legislative action, and suggests that the induction of these laws is one of those times.

"Over the last 20 years, GDL laws have saved an estimated 15,000 lives," said Janet Foetscher, president and CEO of the National Safety Council. "These laws can save thousands of American lives and save billions of dollars for consumers, businesses and state and local governments."

Teenage drivers are the most likely to be involved in a car accident, and the source reports that 16-year-old drivers have crash rates that are two times greater than 18-to-19-year-old drivers. The number of accidents caused by these young drivers is also four times greater that that of older drivers.

The most comprehensive GDL laws include nighttime driving restrictions, passenger limits, cell phone and texting bans and mandatory behind-the-wheel driving time. The laws would also increase the age for a learning permit to 16 and also to 18 before full licensure.

According to the source, more than 81,000 people were killed in crashes involving drivers ages 15 to 20 between 2000 to 2009, making teen driving crashes the leading cause of teenage deaths in the nation. The source reports that some states that have enacted strong GDL laws have seen the number of teenage driving related deaths drop by as much as 40 percent.

Additionally, the total cost to the nation of crashes involving teen drivers in 2009 alone was estimated at $38.3 billion. Costs including medical expenses, administrative expenses for insurance, police and legal cost and more are all paid by employers, state and local governments and by citizens through taxes, fees and insurance premiums.

"Teen driving deaths are a real public health crisis," said Vicky Dinges, vice president of public social responsibility for Allstate. "What's worst is that these deaths are avoidable, we can take very simple, common sense steps that would protect young drivers across the country."
  http://www.allstate.com/insurance-industry-news/general-insurance-news/expanded-graduated-driver-licensing-laws-could-save-lives-and-money-800681549.aspx Wed, 11 Jan 2012 09:18:51 http://www.allstate.com/insurance-industry-news/general-insurance-news/estimates-for-economic-losses-for-2011-800681432.aspx Preliminary estimates from Swiss Re's sigma team say that the total insured losses for the global insurance industry from natural catastrophes and man-made disasters reached $108 billion in 2011.

This year's figures double the cost from 2010 which totaled $48 billion. Claims from natural catastrophes reached $103 billion on their own this year, and is an increase from $43 billion reported the previous year. In total, economic losses to society cost nearly $350 billion, up from $226 billion reported in 2010. This year reaches the highest catastrophe-related economic losses in history.

Japan

According to the source, the earthquake in Japan accounts for the majority of this year's economic losses. More than 30,000 people lost their lives due to catastrophes in the first eleven months of the year, a large amount of who were in Japan. An economist for the source said that 2011 was especially expensive due to the tragic earthquakes.

"Unfortunately, earthquake insurance is still quite low, even in some industrialized countries with high seismic risk, like Japan," said Kurt Karl, chief economist for Swiss Re. "So on top of people losing their loved ones, societies are faced with enormous financial losses that have to be borne by either corporations, relief organizations, governments and ultimately, taxpayers."

Earthquake-insured claims for 2011 reached $47 billion, the highest ever recorded. The earthquake in Japan was the largest in magnitude to have ever hit the country, and cost the insurance industry an estimated $35 billion. The source reports that the insured losses were only a fraction of the total losses. The earthquake that hit New Zealand in February this year caused economic losses of $15 billion, but the country's high earthquake insurance adoption rates mean the industry will pay for most of the losses.

The source reports that if Japan had been well insured like other countries with high seismic risk such as New Zealand, the industry's overall tally in 2011 would have been the costliest year for the insurance industry. Other claims from the floods in Thailand and the expected claims from winter storms that could hit Europe before the new year may bring figures even closer to the record of $123 billion reached in 2005. http://www.allstate.com/insurance-industry-news/general-insurance-news/estimates-for-economic-losses-for-2011-800681432.aspx Tue, 10 Jan 2012 18:18:50 http://www.allstate.com/insurance-industry-news/general-insurance-news/environmentalists-oppose-epas-approval-of-e15-production-800658540.aspx The recent decision of the Environmental Protection Agency to allow the production of 15 percent ethanol in gasoline may ultimately conflict the ideology of the organization, Road & Track reports.

In March 2009, Growth Energy petitioned for E15 in gasoline production to the EPA. At the time, refineries received a tax credit of 45 cents per gallon. Though increased amounts of ethanol extends the life of alcohol fuel and ultimately lowers the cost of gasoline, it's corrosive to engines and the environment.

Andy Harris, chairman of the Subcommittee on Energy and Environment, said in a statement to Congress that he disapproves of the EPA and government policies regarding bio-fuels and renewable energy. The Government's decision to mandate renewable fuel standards based on minimal EPA studies is unscholarly and destined to fail, Harris added.

Brendan Williams, senior director of advocacy for the National Petrochemical and Refiners Association, emulated Harris' view and suggested to Congress that the E15 approval could spark fueling risks for consumers and refiners. According to Williams, the issue is merely a part of a broader national issue.

"If the existing RFS program is carried out without changes, it will create great market and economic uncertainty, which will in turn threaten additional refining investment and job growth and harm consumers," Williams said. "Given the aggressive schedule of the mandate and the limits of what fuel and vehicle infrastructure can handle, our nation will soon face a practical limit [of bio-fuels] that can be pushed into the fuel supply without causing significant consumer disruption."

Further study may be needed

Williams concluded the NPRA's goal is to reduce emissions in hopes of creating a clean global environment. In order to implement cost-efficient and eco-friendly strategies, the Government should invest in further scientific studies. Although the intentions of the E15 waiver approval may have been in the best interest of the country, specifically economically, Williams suggests it will have harmful consequences on the environment.

"NPRA is ready to participate in an intellectually honest dialogue about how to build a stronger economy, a brighter energy future and a more prosperous America," said Williams. http://www.allstate.com/insurance-industry-news/general-insurance-news/environmentalists-oppose-epas-approval-of-e15-production-800658540.aspx Wed, 07 Dec 2011 17:34:57 http://www.allstate.com/insurance-industry-news/general-insurance-news/confidence-levels-vary-regarding-economy-and-housing-market-among-owners-and-renters-800658529.aspx In Fannie Mae's third-quarter National Housing Survey, a detailed survey was conducted on consumer attitudes regarding defaulted mortgage of acquaintances. Based on the study, Fannie Mae found that people who have been exposed to neighbors, friends or family having to default have similar attitudes toward buying a home as those who don't know of people that defaulted. Still, the survey reveals those familiar with an individual that had to default are more pessimistic about the economy. Fannie Mae conducted more than 3,000 interviews of homeowners and renters.

Doug Duncan, vice president and chief economist of Fannie Mae, said in a statement that knowing someone that had to default on their mortgage causes an individual to become increasingly negative on the outlook of the economy, their financial problems , and their ability to apply for a loan and a mortgage. However, Duncan adds that even given those facts, consumers still maintain that a home is a sound and safe investment.

"At the macro level, we see that economic activity picked up in the third quarter, thanks to a sizable rebound in consumer spending on services. However, the hike appears to have come out of consumers' savings, as disposable income fell during the quarter," Duncan said. "The improvement in consumer spending has not spilled over into big-ticket items such as housing, as consumers' concerns over their finances and dissatisfaction about the direction of the economy remains elevated."

According to the survey, 92 percent of homeowners that know defaulters, and 89 percent that don't, stated to Fannie Mae that owning is a more valuable option than renting. Regarding the safety of buying a home in this economy, 33 percent of homeowners that know a defaulter and 27 percent that don't believe investing in a home is unsafe, compared to approximately half of all renters feeling that buying a home is risky.

The figures among renters and owners regarding the attitudes toward the economy are in parallel for both individuals that know a defaulter and those that don't. More than 70 percent of renters and over 75 percent all owners surveyed are pessimistic about the economy.
  http://www.allstate.com/insurance-industry-news/general-insurance-news/confidence-levels-vary-regarding-economy-and-housing-market-among-owners-and-renters-800658529.aspx Wed, 07 Dec 2011 17:29:48 http://www.allstate.com/insurance-industry-news/general-insurance-news/diesel-coalition-defends-itself-against-government-initiatives-800658522.aspx The U.S. Coalition for Advanced Diesel Cars recently acknowledged President Barack Obama's executive orders regarding fuel savings and also presented a white paper criticizing state and federal initiatives and encouraging a balanced approach to policies regarding technology and fuel efficiency.

In response to President Obama's executive order to cut costs and spend more wisely across all department of the federal government, the Jeff Breneman, executive director of USCADC, said in a statement that it's excited the Obama administration is seeking ways to implement efficient strategies during economic instability.

One of the President's orders was to reduce the government's petroleum use 30 percent by 2020, which can be achieved through the guidelines laid out by the USCADC's recent white paper, according to Breneman.

"Departments are being forced into higher-priced technologies even if advanced gasoline and diesel cars can achieve the desired 30 percent petroleum reduction," Breneman said. "Additionally, some of the alternative technologies may require additional government spending for charging or fueling infrastructure over and above the premium paid for the car itself. By allowing greater competition in its procurement process for federal vehicles, the administration increases its chances of improving efficiency in the executive branch."

Norman Mineta of the USCADC noted that a recent initiative from the federal and state governments to encourage the development of electric vehicles has left the diesel technology industry in the dust. Mineta wrote that the government's decision to mandate solutions on specified technologies is negligent and it would be better served to propose all-encompassing standards and goals that include the diesel industry.

According to the coalition, consumers and manufacturers will buy cars in the future based on restrictive electric vehicle initiatives, which will unfairly drive diesel-powered vehicles out of the market. In addition, the USCADC presented a study published by MIT in April 2008, which reveals that next-generation diesel and gasoline engines comes with 10 to 15 percent gains in fuel efficiency and emissions compared to next-generation hybrids and electric vehicles.

Mineta affirms the diesel fuel industry is being directly pushed out of competition through government initiatives that aren't considering the facts.

"The conclusion is rather simple," Mineta wrote. "We need to reestablish both the principle and practice of technology neutrality, thus rendering the very best solutions in years to come." http://www.allstate.com/insurance-industry-news/general-insurance-news/diesel-coalition-defends-itself-against-government-initiatives-800658522.aspx Wed, 07 Dec 2011 17:28:53 http://www.allstate.com/insurance-industry-news/general-insurance-news/poor-economy-and-increases-in-auto-technology-hurt-new-car-sales-800658515.aspx This year, an unstable economy and the advances of auto technology have hampered the auto industry as far as new car sales are concerned, but it has opened the gateway for aftermarket products, MSNBC reports.

American vehicle owners are driving their vehicles longer than usual in large part due to consumer fear in light of economic struggles and also because auto technology today allows cars to last longer.

According to the news source, approximately 6,700 different types of car parts are distributed nationwide, amounting to $30 billion per year in revenue for the entire Specialty Equipment Market Association.

Instead of replacing the entire vehicle for a new one, car owners are opting to replace individual parts, such as wheels, grilles, seats, batteries, paint and engine parts. This trend was embodied at this year's SEMA trade show, the news source explains.

The annual car show presents approximately 2,000 aftermarket vehicles in front of a crowd of more than 135,000 coming from over 100 different countries. This year's event was held in the Las Vegas Convention Center.

Peter McGillivray, SEMA's vice president of marketing, was interviewed by the news source as he was taking a look at the view of the event and mentioned his organization's show gives hope for the future of the auto industry.

Chevrolet, which has one of the largest stands at the show, presented its featured customized, metallic-green Camaro, as well as another dozen concept cars.

SEMA initially opened the event for auto vendors and suppliers to showcase their concept and aftermarket vehicles and countless automakers and fans have responded with positive feedback.

"SEMA is a place where two worlds collide, and when they do some amazing things happen," John Krafcik, chief executive of Hyundai Motor America, told the news source.

While some of the cars at the SEMA show may be more expensive than the average consumer can afford, the aftermarket ideology exemplified at the event illustrates a broader trend currently sweeping the nation: Consumers prefer to maintain their vehicles for longer during tough economic times, rather than buying a car.

According to TrueCar.com, the average transaction price for passenger vehicles in the United States was more than $29,000 earlier this year.
  http://www.allstate.com/insurance-industry-news/general-insurance-news/poor-economy-and-increases-in-auto-technology-hurt-new-car-sales-800658515.aspx Wed, 07 Dec 2011 17:27:25 http://www.allstate.com/insurance-industry-news/general-insurance-news/innovator-drives-his-natural-gas-powered-custom-car-across-the-country-800658511.aspx J.T. Nesbitt, an industrial designer, created the Magnolia Special, a hand-built car that combines the style a grand prix racecar of the 1930s and an eco-friendly, natural gas-powered engine, The New York Times reports.

Nesbitt told the news source he had no intentions of developing a vehicle that followed the norms of current automakers. He preferred aesthetics and engineering, rather than comfortableness. Following an interview with the Times, Nesbitt and Maxwell Materne, the vehicle's engineer, planned to drive from Manhattan to Los Angeles in the car.

"Unlike other CNG-powered cars, this was built to run on the stuff from the very beginning," Nesbitt said. "We’ve been sold this notion that to be green we have to be high tech."

Nesbitt was asked by the Times if he'd consider selling the vehicle to a car show or saving it as a collector's item, but replied that the vehicle is revolutionary and wasn't meant to be put behind a glass plate.

In addition to the Magnolia, Nesbitt has developed other items which are considered collector's items. He designs knives, guns and motorcycles. One of his most popular creations is a V-twin motorcycle named Wraith, priced at $55,000.

According to Nesbitt, the Magnolia took approximately 24 months for him to design and construct. The engine is 4.2-liters with an inline-6 cylinder and a boxed steel frame chassis acquired from a Jaguar XJ6 model.

Nearly every facet of the car is custom made and additional features include buttons on a leather panel that function the headlights and other settings of the vehicle. The car gets a range of 600-700 miles, depending on weather and road conditions.

Nesbitt suggests to the news source that the market isn't prepared for electric cars right now, as they are too expensive, complex and inefficient for long rides. The infrastructure for natural gas is available now, Nesbitt added, who made sure his route to Los Angeles included stops by CNG stations.

He and his driving partner Materne finished the ride from Manhattan to Los Angeles in 89 hours and explained there were was a miscalculation and unfortunate service error on the way.

"The car performed magnificently. It had no mechanical issues. I forgot to activate one of the fuel tanks, that cost us two or three hours," he said.

In North Carolina, a supposed 24-hour CNG station was closed when they showed up to refuel.

"We spent five hours shivering in the night. But you muscle through it."

In total, Nesbitt refilled the car 10 times on the trip, the news source explains.
  http://www.allstate.com/insurance-industry-news/general-insurance-news/innovator-drives-his-natural-gas-powered-custom-car-across-the-country-800658511.aspx Wed, 07 Dec 2011 17:25:51 http://www.allstate.com/insurance-industry-news/general-insurance-news/governors-push-for-natural-gas-initiative-800658501.aspx The governors of Colorado, Oklahoma, Pennsylvania, and Wyoming are collaborating in a green energy effort to persuade U.S. automakers to create affordable natural-gas powered vehicles, which each state has an abundant source of, ABC News reports.

The states wish to increase the demand for alternative fuels at filling stations by replacing thousands of vehicles with cars that rely on natural gas, according to a joint statement from the governors.

Oklahoma Governor Mary Fallin and Colorado Governor John Hickenlooper are leading the initiative and will get the help of the National Governors Association to promote the cause in other states, the news source states.

Hickenlooper emphasized that increasing the usage of natural gas in the auto industry will reduce the U.S. reliance on foreign oil, lower gas prices by approximately $1.25 per gallon and cut down toxic emissions significantly. In addition, with a lower dependence on foreign oil, local jobs will be created, according to the governors.

In light of the fact that many of Colorado's 5,800 state-owned vehicles, such as school buses, pick-up trucks and vans, are aging and in need of replacement, Hickenlooper has urged the government to make a major transition to natural gas.

"Some of these vehicles are 10 to 12 years old. We have no choice but to start replacing them," Hickenlooper said. However, these vehicles come at a cost and not every replacement can be afforded.

According to Art Hale, the fleet manager of the Department of Transportation in Colorado, his state is on a limited budget and only has the financial means to replace 1,600 of the 5,800 vehicles.

Delaying the massive transition to natural gas-powered vehicles is the Environmental Protection Agency, which is conducting studies to find the effects of fracking on drinking water, a process required to develop natural gas. Natural gas companies are eyeing the Niobara region in Colorado and Wyoming and Marcellus Shale throughout Pennsylvania as sources of natural gas, yet must wait at least one year until the EPA finalizes its study.

Still, Pennsylvania Governor Tom Corbett maintains natural gas will become the source of car energy.

"Natural gas has created tens of thousands of jobs in Pennsylvania and can create hundreds of thousands more in this country once we’ve developed the right infrastructure," said Corbett in a statement. "I am pleased to work with Governors Hickenlooper, Fallin and Mead to improve our nation’s energy security."
                                                                 http://www.allstate.com/insurance-industry-news/general-insurance-news/governors-push-for-natural-gas-initiative-800658501.aspx Wed, 07 Dec 2011 17:23:52 http://www.allstate.com/insurance-industry-news/general-insurance-news/michigan-house-passes-vote-on-repeal-of-motorcycle-helmet-law-800654392.aspx Michigan legislators are working to repeal a state law that would have required motorcyclists to wear helmets, Insurance Journal reports.

In a 69-39 House vote, Senate Bill 29 would allow those 21 and older to ride without helmets as long as they pass specific insurance and experience requirements.

According to the bill, for motorcyclists to ride without helmets, they must be licensed for at least two years or pass a helmetless motorcycle safety course. In addition, at least $20,000 of first-party medical insurance coverage is required for an individual to ride without a helmet in the event of an accident. These requirements were amended by the House from the Senate's original bill that called for motorcyclists wanting to ride without helmets to own at least $100,000 of first-party medical insurance.

Pending the Senate's approval of the House's amendments to the bill, the legislation would be passed upon Governor Rick Snyder's signature.

During the summer, Snyder wanted nothing to do with the bill, and even with changes made to it, it's uncertain whether he will sign off on it, the news source explains.

A significant contingent of motorcyclists have called for the repeal of Michigan's motorcycle helmet laws, which currently enforce the use of them regardless of experience or insurance coverage. Some even state the laws affect the state's tourism revenue as out-of-state motorcyclists refuse to ride through the state based on the restrictions.

Ultimately, if the bill passes, it gives the right of choice in regards to wearing a helmet. Although wearing a helmet on the highway is recommended by many groups, critics of the current mandatory motorcycle helmet law in Michigan maintain that low-speed, local rides pose minimal risk.

Still, riders must realize the risk involved in riding without a helmet, even if they have never had an accident. David Finkbeiner, senior vice president for the advocacy of the Michigan Health and Hospital Association, said in a statement that his agency opposes the repeal of the law because helmets save lives.

"The majority of states, in fact we believe all states that have repealed their motorcycle helmet law, has seen a significant increase in injuries and deaths related to motorcycle related accidents," Finkbeiner said. http://www.allstate.com/insurance-industry-news/general-insurance-news/michigan-house-passes-vote-on-repeal-of-motorcycle-helmet-law-800654392.aspx Thu, 01 Dec 2011 17:21:31 http://www.allstate.com/insurance-industry-news/general-insurance-news/appraisals-affect-33-percent-of-home-sales-800654386.aspx Homebuyers and sellers must increasingly keep an eye out for appraisals that can significantly affect a sale.

An ordinary home sale in Waltham, Massachusetts turned out to be a controversial sell after an appraisal of the residence came in conflict with the agreed price between the buyer and seller, SmartMoney reports.

Gary Rogers told the news source he had agreed to acquire the Waltham home for $448,000, but that an appraisal listed the property at $430,000. Fortunately, both sides agreed to an agreement on a finalized price. Although this discrepancy was relatively minimal, it denotes an even bigger problem nationwide.

In years past, it wasn't often that an appraisal would cause financial problems in a residential property sale, but new housing laws have caused an increasing rate of problematic appraisals. According to the National Association of Realtors, 33 percent of appraisals have disrupted home sales. Merely two years ago, less than 10 percent of appraisals caused the delay, cancellation or renegotiation of home sales prices.

New laws require appraisers to cite two to three times as many comparable home sales as they did in the past. Because of this, many homes cited are often much different in value compared to the property being sold, which adjusts the appraisal. In the past, appraisers only had to cite a select few homes in the nearby area, and most of the time those properties were all similar in value, explains David Stevens, president and CEO of the Mortgage Bankers Association.

Jack McCabe, a housing analyst, told the news source appraisers are very cautious today due to the new housing laws, but ultimately this benefits the buyers and truthfully reveals the overall market trend of a neighborhood.

"For buyers, the appraisal is a check and balance—it's there to ensure the buyer isn't overpaying and the lender isn't over-lending," says McCabe.

The news source explains if an appraisal value is lower than the agreed price between the buyer and seller, the lender often offers a smaller mortgage. For instance, if a sales price is agreed upon between the buyer and seller, yet the appraisal suggests a lower value, the lender will want to adjust the mortgage based on the appraisal. Additionally, it would be up to the discretion of the buyer and seller to come to a settlement for the difference in price between the appraisal and agreed price.

According to the NAR, following a discrepant appraisal, 13 percent of sellers lowered the sales price.
  http://www.allstate.com/insurance-industry-news/general-insurance-news/appraisals-affect-33-percent-of-home-sales-800654386.aspx Thu, 01 Dec 2011 17:19:27 http://www.allstate.com/insurance-industry-news/general-insurance-news/october-sales-show-signs-of-promise-800654372.aspx October was a breakthrough month for Japanese automakers, as the country showed signs of recovery, according to Cars.com.

Seven months ago, an earthquake in Japan shocked both the country and the auto industry across the world. Aftereffects of the quake were substantial and industry leaders prepared for a long recovery. Based on reports by the Ministry of Economy, Trade and Industry in May, fewer than 30 percent of respondents said they had sufficient auto parts to appropriately supply their consumers. Due to the lack of supply, Toyota indicated it came up short 170,000 vehicles of its projected global sales, which caused approximately ¥110 billion ($1.4 billion USD) worth of losses.

During the month of October, both Toyota and Honda bounced back and had three of the month's best-selling vehicles: The Toyota Camry, Honda Accord and Honda CR-V. Compared to September, Toyota and Honda had 9 and 10 percent sales increases, respectively, in October.

Though the month-to-month increase shows a sign of recovery for both companies, Toyota noted that compared to October 2010, this October has seen decreased sales. According to the report, Toyota sold 134,046 units during the month, a 4.3 decline from the same period last year. The Toyota Avalon saw the largest rise in sales, increasing 17.7 percent this October compared to last. Bob Carter, vice president and general manager of Toyota Division at Toyota Motor Sales in the United States, attributed success in future sales will be significantly bolstered by its energy-saving cars.

"The all-new 2012 Camry launch is off to a great start with October sales topping 22,000 and another 35,000 on the way to dealers this month. We're also pleased the momentum in light truck sales continues, increasing over last month's levels and improving year-over-year," Carter said in a statement. "The all-new 2012 Yaris is now on sale, and in November we will launch the all-new 2012 Camry Hybrid in addition to Prius v, with Scion iQ arriving by year-end. We're optimistic retail sales will continue to be strong and expect to exceed year-ago sales levels in the fourth quarter."

Honda also reported sales that may indicate a recovery. Although year-to-date sales are 5.3 percent down compared to the same time last year, the automaker saw a sales increase of 3.2 percent during October 2011 compared to October 2010. Notable brands contributing to the sales increase were the CR-V, Odyssey and Pilot. The Pilot had the largest sales gain of all brands with a 58.5 percent October 2011 sales increase compared to the same month last year.

John Mendel, executive vice president of sales for American Honda, said in a statement that his company saw increased sales over the past month as dealer inventories continued to stabilize. In addition, Mendel added that the floods in Thailand have stalled production to an extent, but the company is working well through this time of adversity.
  http://www.allstate.com/insurance-industry-news/general-insurance-news/october-sales-show-signs-of-promise-800654372.aspx Thu, 01 Dec 2011 17:17:17 http://www.allstate.com/insurance-industry-news/general-insurance-news/muppets-offer-educational-safety-tips-for-the-holiday-season-800654365.aspx Global safety organization Underwriters Laboratories is joining Disney's The Muppets to address the issue of child-involved accidents that result in emergency room visits.

Every 60 seconds, 17 children have to visit an emergency room from accidental injuries, amounting to 9.2 million cases per year, according to the Centers for Disease Control and Prevention's Childhood Injury Report. As the holiday season approaches, Americans are to be especially cautious as an average of 230 Americans visit emergency rooms daily due to unintentional injuries.

According to the CDC, unintentional injuries are the leading cause of disability and mortality among American children. More than 12,000 American children 0 to 19 years old die every year because of an accidental injury, with the male death rate nearly two times as high as females'.

Leading causes of unintentional injury every year include suffocation, which accounts for approximately 67 percent of deaths for children under the age of one. Drowning, for children one to four, accounts for 25 percent of accidental deaths. The majority of unintentional deaths for those aged 5 to 19 came as a result of the individual being involved in a motor vehicle accident.

Grant Baldwin, a director at the National Center for Injury Prevention at the CDC, wrote in the report that injuries are one of the most under-appreciated public health issues in the United States currently, noting that approximately 20 children die every day from preventable injuries—less children die from diseases than they do from injuries.

UL are now requesting that families make safety a priority during the upcoming holiday season. To help the cause, UL, in collaboration with Muppets characters Kermit the Frog, Swedish Chef, Dr. Bunsen Honeydew and his assistant, Beaker, the group has created safety videos and a national public service announcement offering families safety tips. The videos are available online. Kermit the Frog said in a statement that the national Commit a Minute to Safety campaign serves as an educational tool for family safety.

"The holidays are a happy time and we want to help keep them that way. Commit a Minute to Safety shows folks how easy it is to keep their home and family safe," said Kermit the Frog.

UL has additionally bolstered its personal website and social media involvement. It offers downloadable safety guidelines through its site, as well as updated Facebook and Twitter pages that display news of upcoming events, such as the upcoming City of Chicago Tree Lighting and the National Tree Lighting in Washington, D.C.

The employees at UL perform numerous tests on products, such as holiday lights and artificial trees, to ensure that individuals won't be exposed to any hazards.

"During the holidays, UL reminds families to look for the UL Mark on decorations, lights and electronics," said John Drengenberg, Consumer Safety Director at UL. "When you see the UL Mark, you can rest assured that the highest safety standards have been met."

Families may also consider buying eco-friendly holiday lights, such as LEDs, to conserve energy.
  http://www.allstate.com/insurance-industry-news/general-insurance-news/muppets-offer-educational-safety-tips-for-the-holiday-season-800654365.aspx Thu, 01 Dec 2011 17:15:57 http://www.allstate.com/insurance-industry-news/general-insurance-news/confidence-levels-vary-regarding-economy-and-housing-market-among-owners-and-renters-800654334.aspx In Fannie Mae's third quarter National Housing Survey, a detailed survey was conducted on consumer attitudes regarding defaulted mortgage of acquaintances. Based on the study, Fannie Mae found that people who have been exposed to neighbors, friends or family having to default have similar attitudes toward buying a home as those who don't know of people that defaulted. Still, the survey reveals those familiar with an individual that had to default are more pessimistic about the economy. Fannie Mae conducted more than 3,000 interviews of homeowners and renters.

Doug Duncan, vice president and chief economist of Fannie Mae, said in a statement that knowing someone that had to default on their mortgage causes an individual to become increasingly negative on the outlook of the economy, their financial problems, and their ability to apply for a loan and a mortgage. However, Duncan adds that even given those facts, consumers still maintain that a home is a sound and safe investment.

"At the macro level, we see that economic activity picked up in the third quarter, thanks to a sizable rebound in consumer spending on services. However, the hike appears to have come out of consumers' savings, as disposable income fell during the quarter," Duncan said. "The improvement in consumer spending has not spilled over into big-ticket items such as housing, as consumers' concerns over their finances and dissatisfaction about the direction of the economy remains elevated."

According to the survey, 92 percent of homeowners that know defaulters, and 89 percent that don't, stated to Fannie Mae that owning is a more valuable option than renting. Regarding the safety of buying a home in this economy, 33 percent of homeowners that know a defaulter and 27 percent that don't believe investing in a home is unsafe, compared to approximately half of all renters feeling that buying a home is risky.

The figures among renters and owners regarding the attitudes toward the economy are in parallel for both individuals that know a defaulter and those that don't. More than 70 percent of renters and over 75 percent all owners surveyed are pessimistic about the economy.
  http://www.allstate.com/insurance-industry-news/general-insurance-news/confidence-levels-vary-regarding-economy-and-housing-market-among-owners-and-renters-800654334.aspx Thu, 01 Dec 2011 17:08:40 http://www.allstate.com/insurance-industry-news/general-insurance-news/diesel-coalition-defends-itself-against-government-initiatives-800654318.aspx The U.S. Coalition for Advanced Diesel Cars recently acknowledged President Barack Obama's executive orders regarding fuel savings and also presented a white paper criticizing state and federal initiatives and encouraging a balanced approach to policies regarding technology and fuel efficiency.

In response to President Obama's executive order to cut costs and spend more wisely across all department of the federal government, the Jeff Breneman, executive director of USCADC, said in a statement that it's excited the Obama administration is seeking ways to implement efficient strategies during economic instability.

One of the President's orders was to reduce the federal's petroleum use 30 percent by 2020, which can be achieved through the guidelines laid out by the USCADC's recent white paper, according to Breneman.

"Departments are being forced into higher-priced technologies even if advanced gasoline and diesel cars can achieve the desired 30 percent petroleum reduction," Breneman said. "Additionally, some of the alternative technologies may require additional government spending for charging or fueling infrastructure over and above the premium paid for the car itself. By allowing greater competition in its procurement process for federal vehicles, the administration increases its chances of improving efficiency in the executive branch."

Norman Mineta of the USCADC noted that a recent initiative from the federal and state governments to encourage the development of electric vehicles has left the diesel technology industry in the dust. Mineta wrote that the government's decision to mandate solutions on specified technologies is negligent and it would be better served to propose all-encompassing standards and goals that include the diesel industry.

According to the coalition, consumers and manufacturers will buy cars in the future based on restrictive electric vehicle initiatives, which will unfairly drive diesel-powered vehicles out of the market. In addition, the USCADC presented a study published by MIT in April 2008 which reveals that next-generation diesel and gasoline engines comes with 10 to 15 percent gains in fuel efficiency and emissions compared to next-generation hybrids and electric vehicles.

Mineta affirms the diesel fuel industry is being directly pushed out of competition through government initiatives that aren't considering the facts.

"The conclusion is rather simple," Mineta wrote. "We need to reestablish both the principle and practice of technology neutrality, thus rendering the very best solutions in years to come."
  http://www.allstate.com/insurance-industry-news/general-insurance-news/diesel-coalition-defends-itself-against-government-initiatives-800654318.aspx Thu, 01 Dec 2011 17:07:06 http://www.allstate.com/insurance-industry-news/general-insurance-news/poor-economy-and-increases-in-auto-technology-hurt-new-car-sales-800654313.aspx
This year, an unstable economy and the advances of auto technology have hampered the auto industry as far as new car sales are concerned, but it has opened the gateway for aftermarket products, MSNBC reports.

American vehicle owners are driving their vehicles longer than usual in large part due to consumer fear in light of economic struggles and also because auto technology today allows cars to last longer.

According to the news source, approximately 6,700 different types of car parts are distributed nationwide, amounting to $30 billion per year in revenue for the entire Specialty Equipment Market Association.

Instead of replacing the entire vehicle for a new one, car owners are opting to replace individual parts, such as wheels, grilles, seats, batteries, paint and engine parts. This trend was embodied at this year's SEMA trade show, the news source explains.

The annual car show presents approximately 2,000 aftermarket vehicles in front of a crowd of more than 135,000 coming from over 100 different countries. This year's event was held in the Las Vegas Convention Center.

Peter McGillivray, SEMA's vice president of marketing, was interviewed by the news source as he was taking a look at the view of the event and mentioned his organization's show gives hope for the future of the auto industry.

Chevrolet, which has one of the largest stands at the show, presented its featured customized, metallic-green Camaro, as well as another dozen concept cars.

SEMA initially opened the event for auto vendors and suppliers to showcase their concept and aftermarket vehicles and countless automakers and fans have responded with positive feedback.

"SEMA is a place where two worlds collide, and when they do some amazing things happen," John Krafcik, chief executive of Hyundai Motor America, told the news source.

While some of the cars at the SEMA show may be more expensive than the average consumer can afford, the aftermarket ideology exemplified at the event illustrates a broader trend currently sweeping the nation: Consumers prefer to maintain their vehicles for longer during tough economic times, rather than buying a car.

According to TrueCar.com, the average transaction price for passenger vehicles in the United States was more than $29,000 earlier this year.
  http://www.allstate.com/insurance-industry-news/general-insurance-news/poor-economy-and-increases-in-auto-technology-hurt-new-car-sales-800654313.aspx Thu, 01 Dec 2011 17:05:22 http://www.allstate.com/insurance-industry-news/general-insurance-news/governors-push-for-natural-gas-initiative-800654282.aspx The governors of Colorado, Oklahoma, Pennsylvania, and Wyoming are collaborating in a green energy effort to persuade U.S. automakers to create affordable natural-gas powered vehicles, which each state has an abundant source of, ABC News reports.

The states wish to increase the demand for alternative fuels at filling stations by replacing thousands of vehicles with cars that rely on natural gas, according to a joint statement from the governors.

Oklahoma Governor Mary Fallin and Colorado Governor John Hickenlooper are leading the initiative and will get the help of the National Governors Association to promote the cause in other states, the news source states.

Hickenlooper emphasized that increasing the usage of natural gas in the auto industry will reduce the U.S. reliance on foreign oil, lower gas prices by approximately $1.25 per gallon and cut down toxic emissions significantly. In addition, with a lower dependence on foreign oil, local jobs will be created, according to the governors.

In light of the fact that many of Colorado's 5,800 state-owned vehicles, such as school buses, pick-up trucks and vans, are aging and in need of replacement, Hickenlooper has urged the government to make a major transition to natural gas.

"Some of these vehicles are 10 to 12 years old. We have no choice but to start replacing them," Hickenlooper said. However, these vehicles come at a cost and not every replacement can be afforded.

According to Art Hale, the fleet manager of the Department of Transportation in Colorado, his state is on a limited budget and only has the financial means to replace 1,600 of the 5,800 vehicles.

Delaying the massive transition to natural gas-powered vehicles is the Environmental Protection Agency, which is conducting studies to find the effects of fracking on drinking water, a process required to develop natural gas. Natural gas companies are eyeing the Niobara region in Colorado and Wyoming and Marcellus Shale throughout Pennsylvania as sources of natural gas, yet must wait at least one year until the EPA finalizes its study.

Still, Pennsylvania Governor Tom Corbett maintains natural gas will become the source of car energy.

"Natural gas has created tens of thousands of jobs in Pennsylvania and can create hundreds of thousands more in this country once we’ve developed the right infrastructure," said Corbett in a statement. "I am pleased to work with Governors Hickenlooper, Fallin and Mead to improve our nation’s energy security."
                                                                 http://www.allstate.com/insurance-industry-news/general-insurance-news/governors-push-for-natural-gas-initiative-800654282.aspx Thu, 01 Dec 2011 16:58:52 http://www.allstate.com/insurance-industry-news/general-insurance-news/financial-expert-urges-americans-to-occupy-debt-800654238.aspx The economy has been in an unstable condition over the past few years, both nationally and globally, and the frustration of the masses is highlighted by the occupy movement across the United States. According to a FreeScore.com survey of 1,000 Americans 18 and older, approximately one-tenth of consumers worry about their debt for more than 10 hours a day.

Carrie Coghill, director of consumer education at FreeScore.com, reveals there are simple steps to build strong financial planning and the study shows Americans are currently struggling to find ways to cope with poorly managed budgets.

"These results come at a time when the country is at a fever pitch about debt and income issues," she said. "While on average Americans are spending four hours daily worrying about debt, many do not know how to start to improve their financial situation."

Coghill displayed essential tips for consumers failing to properly address debt issues.

A consumer should first organize their financial documents, including credit card and bank account statements and monthly bills, such as gas, internet, water and electric bills. By noting their expected weekly, bi-weekly or monthly paycheck, they should create a budget plan. Doing so indicates to the consumer how much is needed for primary monthly payments, while keeping in the back of their mind the limits of entertainment purchases, such as restaurant outings.

Emergency instances may come about, such as having to replace a car tire or fixing the heat at home, but Coghill suggests to consumers only charge something to a credit card if it can be paid off in full and on time. With a consistent plan, those in debt can climb their way out steadily and continue to build their bank accounts over time.

Reducing stress

Aside from financial tips, Coghill reveals that Yoga can relieve the anxiety of the American who worries on average four hours a day about their financial status.

Jeanne Rose, health expert and contributor to Yahoo, wrote that Yoga is a proven form of stress relief and improves the overall mood and happiness of individuals, which she saw upfront in her studies of athletes.

"If an athlete is in a bad mood or is not happy, this can hinder his or her athletic ability during a game," she said. "Yoga exercises help balance the hormones within the body, which are responsible for many things, such as mood and quality of life. When an athlete practices yoga, his or her nervous system will become balanced over time, leading to an increased outlook on life in general." http://www.allstate.com/insurance-industry-news/general-insurance-news/financial-expert-urges-americans-to-occupy-debt-800654238.aspx Thu, 01 Dec 2011 16:48:29 http://www.allstate.com/insurance-industry-news/general-insurance-news/floods-in-thailand-costing-japanese-automakers-billions-in-damage-800654233.aspx The earthquake in Japan severely hampered the auto industry in March, and just as Toyota, Mitsubishi and Honda were making headway and experiencing a re-growth in revenue, they are now struggling to maintain profits in the midst of the floods in Thailand, The Associated Press reports.

Honda has taken the brunt of the hit during the floods, which has caused the auto industry billions in damage. A Honda factory in Thailand that distributes approximately 5 percent of its vehicles internationally is beneath 5 feet of water, according to the news source.

Hideto Maehara, Honda manager at the company's auto plant just north of Bangkok, told the news source that the town in which the plant is located is completely inundated.

"The whole area is now like a lake," said Maehara.

While the losses from the floods are likely to be less damaging than the earthquake in Japan, car buyers thousands of miles away, including in the United States, are feeling the effects of the decline in the availability of auto parts from Thailand.

Automakers of Japan have insisted they will commit to reestablishing their plants in Thailand, but the news source notes that foreign investors may begin to stray from Thailand as it has proven to be a source of manmade and natural disasters of late.

Toyota recently announced it plans to continue distribution from its Thailand manufacturing plant on November 21 and stated recovery from the floods will be far smoother than that of the earthquake in March. The auto maker's Thai plan has been out of operation since October 10.

Automakers affected by the Thai floods are currently scouring for solutions to relieve auto dealers' lack of parts. Many items distributed by Toyota's Thai plant are complementary pieces to other car parts.

Since the start of the floods, Toyota lost approximately 150,000 vehicles in production, 90,000 that would have come from Thailand and 40,000 from Japan. The Thai plant normally ships resin and electrical parts worldwide, the news source suggests.

"Before Thailand, we thought we would be able to outdo our production forecast," Takahiro Ijichi, senior managing officer of Toyota, said in a statement. "Now, we just don’t know."
  http://www.allstate.com/insurance-industry-news/general-insurance-news/floods-in-thailand-costing-japanese-automakers-billions-in-damage-800654233.aspx Thu, 01 Dec 2011 16:44:16 http://www.allstate.com/insurance-industry-news/general-insurance-news/insurance-policies-may-cover-some-pranks-800644113.aspx Most insurance holders have a fairly good idea what their standard homeowner’s or auto insurance policy will cover, and feel at ease that in the event of a fire or theft, they will not be held financially liable. But what about in other rare—and more sinister—cases of damage or vandalism caused by teenage pranks or jokes?

In most cases of vandalism, your insurance agency will likely cover certain damages, depending on the particular scenario.

For example, toilet papering homes is a fairly common prank during Halloween, Homecoming or football games. However, the mess can be tedious and frustrating to clean up. Insurance will not typically cover the cost of cleaning up the debris; however, if the act itself causes damage to the tree that amounts to more than $100, homeowners may be able to submit an insurance claim, according to Insurance.com. Individuals may also want to consider their deductible when determining whether to file a claim.

The fall months also provide pranksters with a lot of ammunition to damage cars and homes, namely because many homeowners decorate their yards with pumpkins, squash and other colorful and festive produce. Individuals who have comprehensive automobile coverage may be able to file a claim if the pumpkins, eggs or other debris thrown at the vehicle caused damage, as this action would be considered vandalism, the insurance website explains. However, if the car is simply dirty, adults may not meet the threshold needed to file a claim.

Protecting your investment

There is no way to completely protect your property from jokes or pranks, but you can lower your risk by being more vigilant and taking actions to safeguard your possessions. For example, protect your automobile from damage by covering it with a tarp or sheet and parking it in an enclosed garage, the website urges. Bringing in items at night that could potentially be used to harm your home, such as pumpkins and other decorations, may also deter individuals from taking action.

Lastly, it never hurts to keep some lights on or install a security system to stay more aware of what is going on around your property. Giving the illusion that you're home when you go out at night may also help protect you from theft or burglary, especially as the holiday season approaches. http://www.allstate.com/insurance-industry-news/general-insurance-news/insurance-policies-may-cover-some-pranks-800644113.aspx Wed, 16 Nov 2011 20:24:31 http://www.allstate.com/insurance-industry-news/general-insurance-news/interior-design-issues-impair-consumer-automaker-loyalty-800641827.aspx J.D. Power and Associates' 2011 U.S. Interior Quality and Satisfaction Study reveals that, in general, consumers had more issues with a car interior's aesthetics than its parts.

According to the study, more than two-thirds of vehicle issues reported by car owners were attributed to design issues. In 2011, owners have reported an average of 17.2 problems per 100 vehicles, and 11.6 of those were a result of design faults, including poorly located controls and displays. United States car owners amounted for the highest proportion of interior design issues with 69 percent, while Asian and European owners were relatively similar at 66 and 64 percent, respectively.

"The vehicle interior plays an important role in overall owner satisfaction with the vehicle, as well as with the initial purchase decision," said Allan Dix, research director of automotive product quality at J.D. Power and Associates. "In fact, more than one-half of new-vehicle buyers cite interior comfort as one of the most important factors in choosing a vehicle. As a result, it's crucial to improve on interior design issues—such as difficulty using the center console or door locks—as these are issues that can really make a difference to the overall vehicle ownership experience."

Such issues are especially frustrating for the consumer because interior designs cannot be replaced or remodeled, where as car maintenance for parts can be repaired by an auto shop or mechanic, Dix added.

The top five interior design issues reported by J.D. Power and Associates are easily scuffed and soiled materials, cup holder issues, cruise control difficulty, poor location of door locks, and difficulty of center console use. An increasing amount of cars introduced the center console as a standard feature in the past couple of years, and J.D. notes related complaints have increased in that time.

Interior design issues have a substantial effect on consumer retention and approval rate. According to the study, 74 percent of consumers who reported no interior design issues mentioned they would recommend the car to others, while merely 54 percent of those with at least one interior design issue would do so. In addition, approximately 50 percent of consumers without an interior design problem plan to buy a car from the same brand in the future, and only 29 percent of those with at least one interior design issue said the same.
  http://www.allstate.com/insurance-industry-news/general-insurance-news/interior-design-issues-impair-consumer-automaker-loyalty-800641827.aspx Mon, 14 Nov 2011 18:13:28 http://www.allstate.com/insurance-industry-news/general-insurance-news/winterizing-your-home-cuts-winter-expenses-800641826.aspx During the winter, Americans' monthly bills will inevitably rise—if not from the heating company then quite possibly via maintenance. Zillow reports ways to effectively limit those costs and maintain an eco-friendly home.

It's neither affordable nor realistic to replace all the windows, doors, curtains, and walls in the house at once, so the U.S. Department of Energy suggests taking an energy assessment of the home to find out exactly which areas of the home need to be protected the most. After addressing the primary air leaks, water hazards and others areas of the house, the issues can be resolved before they become risks to the foundation of the home.

The USDE informs homeowners should review certain areas of the house for primary issues, including electrical outlets, switch plates, window frames, baseboards, doors, fireplace dampers, attic hatches, and wall or window-mounted air conditioners.

Windows and doors are gateways for air escape. Whether they are open or closed, gaps or cracks in the frames let out air little by little, which ultimately forces the heating unit to work harder and increases the heat bill. Weatherstripping or caulk should be applied to fill any cracks. Also, installing heavy shades or thermal curtains can prevent some heat from escaping. According to the news source, single pane windows let out 12 times as much heat as doors.

Pipes can often freeze and may be difficult to deal with, so it's vital to drain the water from these pipes before the really cold weather hits. Turn off the valves to pipes that run outside the home, such as one that feeds a garden hose, and then flush the remaining water out of the pipe.

If a homeowner has a furnace, it's vital to have it serviced regularly. The news sources states service to a furnace may cost up to $100, but this fee is quite minimal when considering the circumstances of what would happen if the furnace wasn't properly maintained, such as carbon monoxide leaking into the home. Furthermore, without maintenance, furnaces may malfunction when they're used as much as they are during the winter.

Fireplaces are a great way to get cozy during those freezing nights, but similar to a furnace, they require yearly services as well. According to the National Protection Association, chimneys should be swept at least once per year.

Air ducts can cause a heating system to lose anywhere between 10 and 30 percent of the heated air if the ducts are not connected and insulated efficiently, the USDE says. While renovating this system would be extremely costly, upgrades can be made to enhance performance, such as upgraded sealing ducts.

Following these suggestions can lower the winter expenses of a homeowner and reduce the amount of energy consumed by a residence.
  http://www.allstate.com/insurance-industry-news/general-insurance-news/winterizing-your-home-cuts-winter-expenses-800641826.aspx Mon, 14 Nov 2011 18:12:20 http://www.allstate.com/insurance-industry-news/general-insurance-news/new-ev-charger-fuels-competition-800641822.aspx Tesla Motors is developing charging solutions for the Model S, a sedan that is estimated to go on sale during 2012, The New York Times reports.

Elon Musk, the CEO of the eco-friendly company, displayed his company's innovative combination plug and connector that mounts on a wall.

Musk and his company plan to create a connector that is compatible with public charging stations using the J1772 standard plug design favored by some other groups. The plug has a lightweight design, smaller than standard prototypes and connects to a wall unit that can supply 240 volts to the car at a max of 80 amps, the news source states. According to Musk, the Model S, which will have an approximate 300 mile range, will be able to charge overnight with the mobile or home connector.

Musk informed the news source that the device is alien-like in that it's vastly superior to the industry standard. Pending approval from Underwriters Laboratories, a nonprofit product safety and testing organization, Tesla will equip its Model S with a 10-kilowatt charger in the car, and consumers have the option of purchasing the additional 20-kilowatt charger.

Tesla claims its charger can recharge a Model S from 10 percent to 90 percent charged in 45 minutes, wrote JB Straubel, chief technical officer. Chelsea Sexton, an electric car deployment expert, told the Times doubts Tesla can manage this success on its own.

"It's hardly unusual for Tesla to zig where the rest of the industry zags," Sexton wrote. "But it's particularly counter-intuitive not to use the J1772 standard, since Model S drivers will be more interested in public charging than Roadster owners. Tesla's proprietary connector choice requires getting customers to care about form over function on one of the most utilitarian aspects of the car. How many people stare at a gas nozzle and think, 'If only that were better looking'?"

Currently electric cars are targeted for rental use, as there aren't a great number of charging stations in most cities. It's more convenient for a consumer to drive a standard gas-powered vehicle than an electric. However, environmentally, the benefits favor electric and hybrid vehicles and eventually some experts have projected EVs and hybrids will become more commonly sought than gas-powered vehicles. If the industry expects to experience growth in the future, perhaps a collaborative effort among competitors would do it well.

Recently, seven automakers joined in an effort to create a single international standard for electric vehicle charging systems to cut the time EV owners require to recharge their vehicles. Audi, BMW, Daimler, Ford, General Motors, Porsche and Volkswagen have made a commitment to create vehicles that would share the same charging station.

In a joint statement, the automakers wrote that the development of a common charging philosophy helps consumers, automakers and charging stations.
  http://www.allstate.com/insurance-industry-news/general-insurance-news/new-ev-charger-fuels-competition-800641822.aspx Mon, 14 Nov 2011 18:10:53 http://www.allstate.com/insurance-industry-news/general-insurance-news/five-great-deals-on-used-cars-from-2008-800641818.aspx Consumers may feel the need to purchase used when buying a car , but many times it can be difficult to trust the history of a car or a dealer. MSNBC studied late-model cars and SUVs which present a great deal for the consumer.

According to the Kelley Blue Book, the average value of used vehicles one to three-years-old has increased from $15,000 in 2008 to $23,000 in 2011.

This increased price has made it less affordable for consumers to buy used cars, and given that the average new car costs approximately $30,000, it seems more beneficial to purchase new.

"While the pace of used-car appreciation is likely to subside as supply, and ultimately sales, improve, shoppers in the market for a used car will continue to pay more, making it difficult to buy at a discount," said Alec Gutierrez, manager of vehicle valuation for Kelley Blue Book.

The inflated price of used vehicles can be attributed to the lack of supply from auto dealers and a high demand from consumers. Nearly 700,000 cars were stripped from the market following the Cash for Clunkers program in 2009.

Even with a stalled auto industry, there remain great deals out there. The following are five cars which remain below the national $23,000 used-car average.

The lineup

The 2008 Ford Taurus has a 263-horsepower V6 engine with a six-speed automatic transmission. The estimated retail price for the 2008 version is $14,685 to $20,370.

The lowest priced car on the list, the 2008 Hyundai Accent has a retail price of $9,580 to $10,705. Less costly than its competitors, the Nissan Versa and Honda Fit, it maintains a respectable 27 to 33 miles per gallon.

In the quasi-luxury market, the 2008 Buick LaCrosse has a 200-horsepower, 3.8-liter, V6 engine, and can also be equipped with a 5.3 liter, 300-horsepower V8 engine. It's sold for approximately $14,765-$19,505.

The 2008 Chevrolet Trailblazer is a midsize truck-based SUV with a range of V6 and V8 engines that offer 285 to 390 horsepower. The Trailblazer is sold for $17,650 to $26,165, which is a great discount compared to the 2008 Toyota 4Runner which can go for as much as $32,605.

Also among SUVs, the 2008 Dodge Durango is offered with V6 and V8 engines, but the news source suggests the latter to take advantage of its supreme towing abilities. Dealers sell this model on average for $14,685-$23,970.
  http://www.allstate.com/insurance-industry-news/general-insurance-news/five-great-deals-on-used-cars-from-2008-800641818.aspx Mon, 14 Nov 2011 18:09:04 http://www.allstate.com/insurance-industry-news/general-insurance-news/your-companys-insurance-plan-may-not-be-enough-800641809.aspx Supplemental insurance coverage may be a necessary add-on to life insurance—it protects employees and serves as financial help, Bankrate.com reports.

Based on a study in 2010 by a leading life insurance and financial services agency, 25 percent of families rely on group life insurance to give financial stability in the case of a policy holder's death. While these families may think they are covered substantially, the insurance agency states that employer life insurance policies often provide inadequate coverage to individuals and may leave them fiscally strained if the policy holder loses their job or changes companies.

Bill Suneson, co-founder and president of a Boston-based insurance firm, suggests to his customers if their companies offer a free or discounted form of life insurance they should use it. Companies that offer insurance plans to their employees often implement a one-size-fits-all mentality, which doesn't take into account certain individual's current or long term needs, Bankrate.com states.

For instance, a healthy, 25-year-old employee may benefit well from a basic insurance plan offered by his company, but his coworker who is a 45-year-old diabetic may require additional coverage.

Therein lies one need for supplemental coverage. If an individual feels they need additional coverage, they can purchase supplemental coverage through their company. Alan Lavine, co-author of Short and Simple Guide to Life Insurance, told the news source that the first step of adding supplemental coverage is to understand the needs and the cost of the policy. Contacting an insurance agent can help the individual find those answers.

"Find an experienced person that deals with life insurance, and do a ‘needs’ analysis," said Lavine. "Typically, the insurance needs analysis results in people needing five to eight times their current wages in life insurance."

According to Bankrate.com, a needs analysis consists of two primary factors: the total amount of an individual's current debts, such as car payments, loans, credit card debts and mortgage, and the share of future household expenses, such as children's college tuition.

If an individual is considering purchasing additional coverage for their insurance policy, Dan Cotter, principal and director of a risk management agency, suggests shopping for deals first. Often times, a supplemental insurance policy from an outside agency can be cheaper than buying it through the employee's company.
  http://www.allstate.com/insurance-industry-news/general-insurance-news/your-companys-insurance-plan-may-not-be-enough-800641809.aspx Mon, 14 Nov 2011 18:06:35 http://www.allstate.com/insurance-industry-news/general-insurance-news/steering-clear-of-online-frauds-on-black-friday-and-cyber-monday-800641807.aspx Even with the immense popularity of online shopping, approximately 75 percent of consumers are concerned about internet scams, according to ThreatMetrix.

In a joint survey between the online fraud prevention agency based in Los Alto, California and Ponemon Institute, the companies found that while more than $1 billion was spent on Cyber Monday, the Monday after Thanksgiving, last year, 53 percent had some worries, while 26 percent had serious worries about online fraud.

"Consumers who have a high propensity to use the Internet for shopping, banking, gaming, social media interactions, and other activities, appear to have a stronger sense of security online—which is not exclusive only to desktops and laptops," said Ponemon. "While these users may be savvier when it comes to the digital channel, their safety net may not always be there. Online transactions are a two-way street. While they may think they’re taking the necessary precautions to avoid online fraud, the sites they’re visiting must also be implementing online fraud prevention tactics."

Bert Rankin, vice president of marketing for ThreatMetrix, said in a statement that although the propensity for online shopping is growing exponentially, so too is the fear of online fraud among consumers. However, an increasing risk has come through the increased popularity of consumer spending through mobile phones, which the industry must secure for the purposes of retailers' legitimacy, Rankin added.

With more than 4,000 different types of mobile devices in circulation worldwide, it can be difficult to effectively secure the entire market. In addition, many consumers are doing themselves a disservice by refusing to use anti-malware on both their mobile devices and personal computers. Therefore, the mobile market may turn into a hacker's dream, Julie Conroy McNelley of Aite Group suggests.

Because credit card fraud and identity theft are so common today, an individual must take a few necessary precautions before purchasing online. Many consumers use an online marketplace, such as Amazon, which is a highly reputable online retailer. However, a quick fraud examination can protect the consumer's wallet.

For instance, before making a purchase from an online retailer, investigate the company's ranking, consumer comments and Better Business Bureau standing to gain an inside scoop of a company's reputability. If the company is recognizable, more often than not, the online purchase will be processed fairly and the product shipped within the time proposed.
  http://www.allstate.com/insurance-industry-news/general-insurance-news/steering-clear-of-online-frauds-on-black-friday-and-cyber-monday-800641807.aspx Mon, 14 Nov 2011 18:05:03 http://www.allstate.com/insurance-industry-news/general-insurance-news/preventing-your-personal-information-from-getting-into-the-wrong-hands-800641803.aspx According to the Federal Trade Commission, consumer fraud complaints have increased more than five-fold since 2001. The government and financial institutions have attempted to establish increased security measures to reduce this epidemic, but the consumer must also do their part to protect their personal information.

Insurance fraud and identity theft costs banks, companies and Americans billions of dollars every year, but there are ways to reduce the likelihood of such instances, Echo Press reports.

In this digital world, hackers no longer have to be in the vicinity of an individual's home to steal their information. While there are still a number of thieves that steal mail and purses, the majority of thefts occur online and within companies.

As of 2004, collaboration between the financial industry and the federal government led to the creation of the Identity Theft Assistance Center, a not-for-profit public-private organization that has aided more than 80,000 victims of identity theft, Bank Info Security reports.

Even with the adoption of the ITAC, more than 8 million cases of identity theft occur every year, which ultimately leads to a financial or insurance fraud, and for a consumer-base that puts a significant amount of trust in their financial institutions and government, this figure is way too high, Bank Info Security states.

One of the best ways to secure personal information is by restricting the distribution of it to suspicious third parties. There are different types of fraud including door-to-door surveyors and online marketers that may advertise a great deal in exchange for personal information, such as Social Security information. If the company is unrecognizable, too pushy, or has numerous complaints with the Better Business Bureau, they should be avoided at all costs.

Also, if a merchant requests a payment in full for a policy, this is a warning sign of a fraudulent company. Although some companies may request an upfront payment, this amount should never exceed 20 percent of the total estimated cost.

If a consumer is paying for a service, they should request to see the merchant's license. Doing so will ensure the company is reliable and registered within the state. If, for instance, if a carpenter states they don't have the license with them at the moment but will present it the following day, don't sign a contract until they provide proof of certification. http://www.allstate.com/insurance-industry-news/general-insurance-news/preventing-your-personal-information-from-getting-into-the-wrong-hands-800641803.aspx Mon, 14 Nov 2011 18:03:39 http://www.allstate.com/insurance-industry-news/general-insurance-news/evs-attract-consumers-to-showrooms-but-not-yet-sales-800641799.aspx While electric vehicles are staggering of late, automakers give thanks to the EVs for their popularity at showrooms, and ultimately the innovation, cost and energy-efficiency will drive sales forward in years to come, the Indianapolis Star reports.

According to Oliver Hazimeh, an auto industry consultant for PricewaterhouseCoopers, EVs are helping auto companies attract more visitors to their showroom. Hazimeh suggests there is a halo effect that comes along with EVs because they are trendy looking and appealing to tech-savvy individuals.

Plainly showcasing a state-of-the-art EV may not necessarily amount to a visitor buying that vehicle, but it increases the chance that the customer will buy another vehicle within the showroom. If a driver can't afford a featured EV, they often walk away purchasing something else, Hazimeh added.

A national study by Maritz Research revealed that fuel economy has increased dramatically over the past 10 years and it's become a primary reason for purchasing every kind of vehicle. Based on the survey, more than 40 percent of consumers feel that fuel efficiency is extremely important when considering a new vehicle acquisition.

"Drivers want fuel economy choices—not a one-size-fits-all solution," Mark Fields, Ford's president of The Americas, said in a statement at the South Florida International Auto Show where Ford presented its fuel-economic line. "Customers are telling us clean and green vehicles matter because they are good for people's wallets and good for our planet."

EVs have also helped Chevrolet, which distributes the Volt electric vehicle, as well as Nissan and its Leaf line. According to Autodata, only 3,895 volts and 7,199 Leafs were sold during the first nine months of this year. However, Chevrolet sells approximately 20,000 Cruze sedans every month.

It's documented that EVs and hybrids offer the highest energy efficiency lines of all vehicles, but the general public has yet to fully trust the option. An initiative by the government, which forces all automakers to produce 54.5 mile-per-gallon vehicles by 2025, may encourage both automakers and consumers to invest in EVs.

Tony Posawatz, originator of the Chevy Volt, predicts in either 2012 or 2013, EV model sales will spring. Posawatz noted that a combined force of government pressure, automaker innovation and consumer interest will ultimately make EVs more desirable than standard vehicles. http://www.allstate.com/insurance-industry-news/general-insurance-news/evs-attract-consumers-to-showrooms-but-not-yet-sales-800641799.aspx Mon, 14 Nov 2011 18:01:43 http://www.allstate.com/insurance-industry-news/general-insurance-news/auto-technology-teaches-efficient-driving-on-the-go-800641789.aspx For parents, it may be a stressful feeling every time they give the keys to the car to their teenagers. Questions may arise: Will they obey traffic laws? Will they speed? What if they get in an accident? Many parents would prefer a 24/7 adult supervisor to coach their teenagers while they drive, and while this may seem unrealistic, auto technology offers a similar idea.

More and more, automakers are gearing technology toward energy efficiency and young drivers. For instance, some cars inform a driver of the optimal driving speed for the best gas mileage. With this in mind, drivers who tend to speed may slow down in order to save money in the long run.

According to The Wall Street Journal, Nissan's Infiniti Eco Pedal is leading the way in in-car coaching technology. The Eco Pedal will push back on acceleration if it senses the car is being driven too aggressively, as abrupt acceleration wastes more gas than a slow and steady push on the pedal. One fifth of the M-line buyers will acquire this technology and it will be offered on the 2013 JX luxury crossover, Infiniti states.

Hyundai's 2012 Veloster encourages drivers to optimize their gas efficiency and maintain the speed limit through a game on the display screen. The gas mileage of the car is updated every 10 minutes and points are awarded to the driver based on how efficient their driving is. Those who brake lightly, accelerate steadily, and maintain an efficient speed will receive higher points.

Ford and Toyota also offer similar fuel-economy tools, which display the updated gas mileage of the car as it drives based on the car's speed, acceleration and braking.

The ideology behind automakers' fuel-based technology serves two major purposes: safety and efficiency.

First, it's far safer for a vehicle to drive the optimal speed or speed limit. For vehicles that record or score the efficiency of the driver, such as the Hyundai, parents can monitor their teens' driving habits.

Second, the United States government has laid down a plan to have all automobiles in the United States reach 55 miles per gallon by 2025.

Michael Todd, a University of California, Riverside, researcher is in favor of auto technology seemingly forcing to educate individuals of optimal driving methods. Todd told the news source that the main problem is most people simply haven't learned how to conserve fuel.
  http://www.allstate.com/insurance-industry-news/general-insurance-news/auto-technology-teaches-efficient-driving-on-the-go-800641789.aspx Mon, 14 Nov 2011 17:58:47 http://www.allstate.com/insurance-industry-news/general-insurance-news/breathalyzer-car-starter-could-save-lives-in-the-future-800641784.aspx In the future, buying a car for your teenager or young adult will be less stressful. Auto safety product manufacturer Takata announced it's working on a device that will require passengers to swipe their fingers across a tab, indicating the blood alcohol content level, and the car won't start unless the level is under the legal drinking limit, Extreme Tech reports.

The Century Council released a report titled State of Drunk Driving Fatalities in America which revealed that overall instances of drunk-driving deaths have declined over the past 20 years, but there remains room for improvement.

"While vehicle miles traveled in 2009 increased over 2008 levels, the lowest number of driving fatalities in more than a half century was recorded, too," the report stated. "In 2009, 33,808 people died in crashes on our nation’s roadways—a decrease of almost ten percent from 37,423 in 2008. Forty-one states and the District of Columbia had reductions in the number of driving fatalities."

The National Highway Traffic Safety Administration gave Takata a $2.25 million grant to give the company a boost in its efforts. According to the administration, the device could reduce the number of alcohol-related driving deaths in the United States by up to 9,000 per year. The NHTSA has maintained it will not yet consider making this device mandatory among all vehicles.

The device is a fingerpad, similar to the biometric sensors used on certain laptops. An individual would place their finger against the pad, and a near-infrared scanner then measures the blood alcohol level. According to the automotive safety agency, the reader currently has a success rate of 96 percent—meaning, it may misread a BAC level one out of 25 times. However, the device is still in its developmental stage.

Binge drinking is common in colleges and high schools across the United States and even with alcohol-free dorms, young adults still manage to obtain liquor and drink it irresponsibly. If Takata's scanner becomes law and not simply an option when purchasing a car, the NHTSA affirms that lives will be saved.

Unfortunately, parents and car owners may have to wait more than 20 years for this device to be in the market, as Extreme Tech states Takata won't be completely finished with the development process for another 10 years, followed by another 10 years of lobbying and promotion for the device.
  http://www.allstate.com/insurance-industry-news/general-insurance-news/breathalyzer-car-starter-could-save-lives-in-the-future-800641784.aspx Mon, 14 Nov 2011 17:57:30 http://www.allstate.com/insurance-industry-news/general-insurance-news/mazda-announces-end-to-rx-8-line-but-continuation-of-rotary-engine-800641777.aspx Days after Mazda said it would discontinue the production of its rotary engines, the automaker announced plans to develop new models with the next generation of rotary engine, Fox News reports.

In a rotary engine, the internal combustion chambers and cylinders rotate with the driven shaft around a fixed shaft on which pistons are attached, and gas pressure from combustion helps rotate the shaft. Some of the first models of rotary engines were used in World War I aircraft. German and Japanese models were later produced and eventually discontinued, besides that of the Mazda RX-8.

Mazda first introduced its rotary engine car in 1967. Felix Wankel, a German engineer, originally developed it in 1960. The lightweight and simple design made the rotary engine affordable for those looking to buy a car, but it initially had poor gas mileage that prevented it from becoming overly popular.

Takashi Yamanouchi, CEO and President of Mazda, seemingly finalized the end of an era when he told Mazda fans the engine would no longer be developed.

"Although RX production is ending, the rotary engine will always represent the spirits of Mazda, and Mazda remains committed to its ongoing development," he said.

Whether it gained inspiration from Audi's recently unveiled electric car which uses a rotary engine or the company sees an opportunity to further improve the medium, Mazda told its fans that they aren’t finished yet.

''Mazda is aiming to achieve a breakthrough with the ‘Skyactiv’ technology, and we are zealously working on new models to house the next-generation rotary engine,'' a Mazda spokesperson said on Twitter.

Prices for the final RX-8 version start at $40,675. The automaker expects to sell 1,000 units of the RX-8 Spirit R. Earlier this year Mazda announced it would no longer produce RX-8s after June of 2013. This leads one auto analyst to believe that an RX-9 line could be in the works.

"But we've seen this before. The last RX-7, the third-generation model, went away after the 1995 model year, only to return as the RX-8 in 2003," Jeremy Cato wrote on The Globe and Mail. "According to Automotive News, engineers in Hiroshima are working on the next generation, 1.6-liter rotary engine—code-named 16X—and it should meet emissions standards globally, get good fuel economy and deliver more power."
  http://www.allstate.com/insurance-industry-news/general-insurance-news/mazda-announces-end-to-rx-8-line-but-continuation-of-rotary-engine-800641777.aspx Mon, 14 Nov 2011 17:55:59 http://www.allstate.com/insurance-industry-news/general-insurance-news/many-overestimate-home-value-appreciation-800641329.aspx While home values have been declining in recent years, real estate professionals say that homeownership is one of the best investments an individual can make. But as a recent survey suggests, prospective homebuyers may be overestimating how much equity a property accrues year to year.

Property values increase between 2 and 5 percent annuall

According to real estate listing service Zillow, a considerable number of aspiring homeowners—42 percent—say that home values appreciate by an average of 7 percent per year. But market observers say this is far from typical, as historically, property values have gone up an average of between 2 and 5 percent per year since the 1890s.

Stan Humphries, chief economist at Zillow, expressed surprise that so many people believe home equity levels appreciate that considerably, especially given today's climate, as home values have been declining since 2006.

"It's troubling that we're still in the midst of one of the worst housing recessions in history, and yet prospective buyers continue to have such high expectations for home value appreciation," said Humphries. "Since this is one of the biggest financial decisions of most people's lives, it's even more important that they understand how that investment will appreciate after they sign the papers. Over-estimation of the appreciation potential will lead many to buy real estate when the time in which they plan to live in the house may make renting a better strategy."

Along with not fully understanding how much homes appreciate over time, individuals were also unclear about whether they needed to buy homeowner's insurance. Nearly 40 percent of home buyers wrongly believed that purchasing insurance was optional. In actuality, lenders require that a policy be purchased before a home purchase can be finalized

Remodeling work has dropped

Something most homeowners are clear about is that they can increase their property's value by having home renovation work done. But these types of jobs have been few and far between in recent months.

According to the National Association of Home Builders, remodeling activity among construction workers dipped considerably in the third quarter of 2011. The NAHB's Remodeling Market Index, which assesses the extent to which remodeling and renovation work is taking place, fell from 43.9 in the second quarter to 41.7 between July and September. Any number lower than 50 indicates remodeling and renovation activity is declining.

Bob Peterson, chairman of the NAHB, said that while consumers are showing interest in having remodeling work done, they are slow to commit to having work done, fearing that they may not be able to afford it or won't be approved for a home equity loan.

David Crowe, chief economist for the NAHB, said low confidence has proven to be a significant weight on the housing industry's ability to recover.

"The current economic instability continues to affect consumer confidence, therefore we have seen a drop off in remodeling activity for the last two quarters," said Crowe. "In order for the remodeling market to pick up, homeowners need to have access to less restrictive lending requirements and see their economic future stabilizing."
  http://www.allstate.com/insurance-industry-news/general-insurance-news/many-overestimate-home-value-appreciation-800641329.aspx Mon, 14 Nov 2011 15:59:20 http://www.allstate.com/insurance-industry-news/general-insurance-news/natural-disasters-in-2011-hit-new-record-800639207.aspx The year 2011 has been a bad year for millions of Americans who were affected by an unprecedented number of natural disasters, ranging from hurricanes and tornadoes to earthquakes and severe storms. Data from the National Climatic Data Center reveals the United States experienced more disasters that amounted to billions of dollars in damages than any other year in history, according to ABC News. Overall, President Obama declared 89 major disasters this year.

The sheer number and intensity of disasters have sparked a wave of questions and controversy on both a partisan level and an individual one as well. Partisan wrangling over how best to pay for damages led to arguments over how best to appropriate resources for disaster relief efforts.

"There's no question about it that the increase in the number of disaster declarations is outstripping what we would expect to see, given what we observe in terms of weather," Insurance Information Institute president and economist Robert Hartwig told the station. "There's a lot of political pressure on the president and Congress to show they are responsive to these sorts of disasters..."

Insurance claims spike

In addition, many consumers feared they would see changes in their homeowners and auto insurance premiums, as a high rate of claims flooded insurance agencies and led to speculation that insurers may be forced to increase premiums.

For example, the Alabama Department of Insurance saw roughly 25,000 claims after a series of tornadoes devastated the area in May, amounting to between $1.9 billion and $2.6 billion in insured losses. As a result, some insurance companies in the area were forced to drop thousands of renewals and increase premium rates for those they would be able to insure, according to Alabama newspaper Dothan Eagle.

Paying for actual damages were not the only claims many insurance agencies may have seen, but also claims for other scenarios that often occur during natural disasters. For example, some car owners may be forced to flee their vehicle in treacherous conditions and those who call for roadside assistance may be covered, according to MSN Money. In addition, auto accidents are common during storms, especially when ice, wind and rain are involved, leading to another spike in insurance claims. These types of claims, coupled with damages caused directly by a storm, can hit insurance agencies hard.

Make sure you know what's covered

Experts encourage homeowners to look over their insurance policies in order to understand what events are covered under their current agreements. Some types of natural disasters may require supplemental coverage, such as flood insurance, and understanding the policy is the first step in ensuring homeowners are adequately insured. Individuals who find they need additional coverage should shop around for different policies to find the most affordable and comprehensive package. http://www.allstate.com/insurance-industry-news/general-insurance-news/natural-disasters-in-2011-hit-new-record-800639207.aspx Thu, 10 Nov 2011 15:30:31 http://www.allstate.com/insurance-industry-news/general-insurance-news/harley-davidson-sales-rise-but-stock-price-falls-800636276.aspx The United States biggest motorcycle maker, Harley-Davidson, stated that an intricate change within the company affected the production of its most expensive models, hurting its market share. According to The Associated Press, Harley's stock fell 7 percent.

Recently, Harley fell to $34.69 at close in New York, which is the largest decline since August 18. Harley is consolidating the York, Pa., factory from four production lines to one in an effort to create a flexible employee-base.

"Maybe we haven’t done as a good a job communicating the magnitude of this," Keith Wandell, Harley’s chief executive officer, said in an interview with Bloomberg. "Shame on us because we had some issues in the quarter that precluded us from producing as many touring bikes as we would have like[d]. Are we disappointed? Absolutely. Are we discouraged? No. Every day, we get further through."

Sales for the third quarter came up short with Wall Street projections and profit margin drops leaving investors concerned which incited a large sell of shares, AP states.

Following the economic crash of 2008, motorcycle dealers saw Harley-Davidson's sales drop approximately 25 percent, which forced the company to implement cost-effective manufacturing strategies. This included creating smaller bikes that had less of a demand at the time.

However, although the company's stock value fell, Harley Davidson has had two straight quarters of higher sales. The stock issue has been attributed to manufacturing and currency issues, AP explains.

According to the Wall Street Journal, Harley-Davidson's stock market value over the last 10 years peaked during the end of 2006 and the start of 2007, right before the economic recession. Afterward, its low point came during the end of 2008 and start of 2009. Since then, the company's value has climbed steadily, yet currently maintains half the market share it had during its peak.

Harley has distributed more than 182,000 motorcycles through the third quarter of 2011—a 10 percent increase compared to the first three quarters of 2010. The company expects to ships a total of approximately 230,000 motorcycles worldwide by the end of 2011.

Rommel Dionosi stated the declining trend of Harley is disappointing, but overall the company seems to be on the right track thanks to the philosophical restructuring. He added that by the start of 2012, pressure on its margins should alleviate.
       http://www.allstate.com/insurance-industry-news/general-insurance-news/harley-davidson-sales-rise-but-stock-price-falls-800636276.aspx Mon, 07 Nov 2011 17:08:52 http://www.allstate.com/insurance-industry-news/general-insurance-news/the-benefits-choices-and-future-of-alternative-fuel-800636257.aspx Alternative fuels are safer for the environment and quite possibly the future of the automotive industry, but experts from FoxNews.com suggest American consumers are hesitant to engage in green energy because they feel gas-powered vehicles are more reliable.

Benefits

According to a study by the U.S. Energy Information Administration, the United States used approximately 25 percent of the gasoline consumed in the world last year. America only has 4.5 percent of the world's population, so this statistic doesn't bode well for the health of our environment.

In a report written by the South Carolina Department of Health and Environmental Control, the benefits of alternate fuel vehicles were presented. Through AFVs, less pollution is released than petroleum cars, tax and financial incentives reduce the cost of car ownership, alternative fuel prices are generally cheaper and more stable than petroleum and ultimately this all leads to a lower dependence on imported oil.

One of the downsides of AFVs is merely caused by the infancy of its penetration throughout the auto industry. However, over time, the environmental agency projects more alternative fueling stations will develop and eventually acquiring an AFV will be more convenient and hopefully the norm. As of now, AFVs are offered in fleets for short-term use, which is most convenient for individuals in major cities that only need a car for a day or two.

"Fleet vehicles are good candidates because they return to a specific location to fuel or have routine routes on which the fuel is available," the agency wrote. "Vehicles that can use either gasoline/diesel or an alternative fuel (bi-fuel vehicles) are a good transitional step. Soon, fleet use should bring enough demand for alternative fuels to make them as readily available as gasoline—or as close as your home natural gas or electricity supply. By joining the drive to alternative fuels now, you'll be accelerating that process."

Alternative Fuel Choices

Hydrogen is a cost-effective and energy-efficient alternative fuel. It can be produced from water and carbon emissions are fewer and less harmful to the environment than gasoline.

Automakers, such as Toyota and Mercedes-Benz, have ranked hydrogen as the top alternative fuel on the market today. John Hanson, the national manager for environmental, safety and quality at Toyota, told FoxNews.com hydrogen gives cars a two to one advantage in gas mileage over traditional engines.

In addition, sawdust, wood and ammonia are alternative energy sources that may impact the auto industry in the future, but technology doesn't allow the extraction of an efficient amount of energy from these sources—though, they're also exponentially safer to the environment than gas. http://www.allstate.com/insurance-industry-news/general-insurance-news/the-benefits-choices-and-future-of-alternative-fuel-800636257.aspx Mon, 07 Nov 2011 17:05:37 http://www.allstate.com/insurance-industry-news/general-insurance-news/nearly-half-of-childrens-booster-seats-are-deemed-unsafe-by-iihs-800633781.aspx California amended its booster seat law soon after the IIHS revealed stunning statistics on the risks of seatbelts.

When driving with children in vehicles, the driver isn't the only one responsible for their safety, the automaker is, too. Unfortunately, the Insurance Institute for Highway Safety (IIHS) reveals that half of children's car booster seats don't properly fit with all safety belts.

In fact, IIHS indicated that six models were so unsafe that they suggested consumers to avoid using them. Booster seats are recommended for children who have outgrown child seats. They raise the child higher in the seat so the seatbelt is able to go across the chest, instead of their neck, USA Today states.

According to the IIHS, children 4 to 8 years old using booster seats are nearly 50 percent more likely to be free of injury during a crash.

The IIHS tested 83 booster seats on the market and found that 41 don't fit well enough on a broad range of seatbelts, while 36 of them were tanked as "best bets."

Noting the risks of children involved in auto accidents, California Governor Jerry Brown amended the required age and height of individuals that must use booster seats. Brown enforced that passengers who are 8 years or younger, or 4 feet 9 inches or less, must use a booster seat.

Between 2005 and 2009, the fatality rates within thirty days of an accident dropped approximately 30 percent—showing strong auto safety awareness by the state as of late, according to the U.S. Census Bureau.

Sonja Atkins, a coordinator for Safe Kids California in Sacramento told the San Jose Mercury News that research indicates children under 8 are extremely vulnerable in accidents, especially if they ride without a booster seat.

"Many times, kids are really bugged by it and put that part of the belt behind their back or under their arms," Atkins said.

Atkins further mentioned that a 6-year-old (or 60-pound child) is too low of a restriction for booster seats, which is the age and weight California had in place before Brown's legislation. Additionally, Atkins suggests that weight is a non-issue for a child's safety.

"Weight has nothing to do with a proper-fitting seat belt. It has much more to do with height and how tall you are in your seat." http://www.allstate.com/insurance-industry-news/general-insurance-news/nearly-half-of-childrens-booster-seats-are-deemed-unsafe-by-iihs-800633781.aspx Thu, 03 Nov 2011 11:05:34 http://www.allstate.com/insurance-industry-news/general-insurance-news/building-trust-through-a-great-financial-plan-800633780.aspx Many couples make common financial mistakes that are easily avoidable through smart planning.

One of the biggest dividers of a relationship can be money matters. Maybe one person in the relationship is frugal, while the other is a spendthrift—or one could be the breadwinner and the other without any consistent income—but whatever the case, a solid and long-lasting relationship can be enhanced with a commitment to sound financial plans and understanding of one another's monetary habits.

The foundation of trust shouldn't break over a money argument and Olivia Mellan, a couples therapist and money coach, spoke with MSN about four primary issues that are crucial to a relationship.

According to MSN, financial problems are often the cause of breakups, so discussions about such issues are vital to establishing a well-founded relationship. However, according to Mellan, couples don't talk enough about them. She suggests to her couples that they frequently discuss topics such as how much income is needed to pay bills, how much debt each person brings per month, how much each person pays for expenses and what type of bank accounts will they share. If one partner makes more money than the other, they may consider paying a higher percentage for monthly bills.

Experts suggest that couples should discuss financial issues at least monthly, including their short and long-term goals, the news source states.

Honesty is one of the keys to a relationship. Keeping secrets from a partner may eventually come to light and distrust will certainly surmount. Hiding income or purchasing expensive items without informing your significant other leads to a pitfall, according to Mellan. Couples should ideally have a joint account to pay their bills, as well as their own for personal expenditures.

With this type of setup, individuals can use their personal accounts to make purchases of their liking, without sacrificing the shared account. However, if a person gets a raise or a bonus and decides to keep it all to themselves without letting their significant other know, therein lies a major red flag. Any increased salary or unexpected source of salary should be mentioned to the partner and contributed, to some degree, to the joint account.

There are plenty of things we need to buy, as well as things we want or desire. Maintaining a consistent budget will guarantee that a couple understands the difference between the two and sets their priorities straight. For instance, a couple may have saved up to purchase a new television for three months, but suddenly the heating system needs replacement. The couple may want the TV, but priority suggests maintaining the heating comes first. This may also require an additional few months of saving to get that TV. However, smart decisions such as this can add up to a continually growing bank account and, more importantly, a trusting love.

Young couples may believe that having a will is unnecessary because they don't have enough money, and even though Mellan states life insurance is not a top priority, she maintains that it's necessary. In case of an untimely death, a will ensures that money and assets are attained by the appropriate party, be it the significant other or other family members.
  http://www.allstate.com/insurance-industry-news/general-insurance-news/building-trust-through-a-great-financial-plan-800633780.aspx Thu, 03 Nov 2011 11:03:42 http://www.allstate.com/insurance-industry-news/general-insurance-news/primary-auto-safety-devices-have-evolved-800633778.aspx Seatbelts, head restraints and airbags are aspects of auto safety that save lives, Cars.com reports, and over time technology has created a smarter and safer driving experience.

Next to safe driving, airbags are the ultimate life savers in major accidents. According to the Massachusetts Institute of Technology, airbags may have saved upwards of 30,000 lives in their 30-year existence. Automakers often go the extra mile to ensure the safety of their customers, as noted by GM's introduction of the car industry's newest airbag design located in the front and center of the 2013 Buick Enclave, GMC Acadia and Chevrolet Traverse.

"The front center air bag is not required by federal regulation, and no other air bag in passenger vehicles today offers the type of restraint and cushioning this air bag is designed to provide for front occupants," said Scott Thomas, senior staff engineer of GM’s advanced restraint systems.

According to the National Highway Traffic Safety Administration's Fatality Analysis Reporting System, far-side impact accidents accounted for 11 percent of belted front occupant deaths for non-rollover crashes between 2004 and 2009.

Smart seat belts have been implemented since the 2003 Mercedes-Benz S-Class luxury sedans—during a crash, the seat belts constrict and the seat adjusts into a safer position. Today, more advanced versions are available. For instance, during an accident in the 2011 Ford Explorer, the seat belt inflates across the chest so the individual is more cushioned for the impact with the airbag.

Active head restraints within a vehicle are the final landing point of an individual's head in an accident. During a crash, the headrest will move forward slightly so that the neck and head don't whiplash backwards as badly. Individuals who experience neck pain as a result of whiplash may recover within a few weeks or months, however, according to the San Francisco Spine Institute, 15 to 20 percent of victims may have chronic pain. In addition, the Institute states that approximately 20 percent of victims don't recover within two years.

Technology and auto safety advancements may be responsible for saving thousands of lives. According to the U.S Census Bureau, motor vehicle deaths per year fell approximately 23 percent from 1990 to 2009. Ultimately, car safety depends on both the driver and automaker and    http://www.allstate.com/insurance-industry-news/general-insurance-news/primary-auto-safety-devices-have-evolved-800633778.aspx Thu, 03 Nov 2011 11:00:56 http://www.allstate.com/insurance-industry-news/general-insurance-news/recalls-and-a-tsunami-may-stall-toyota-sales-for-years-800633776.aspx The earthquake that struck Japan in March caused enormous damage to the auto industry and analysts are projecting that Toyota sales may remain in a lull for years to come, USA Today reports.

For the car owner and automaker, disaster preparedness is essential for areas prone to earthquakes and hurricanes. No one could have predicted the calamity that would amount in Japan, but individuals that obtain comprehensive insurance are financially more secure and better protected in such regions.

Toyota's market share has dropped from 17 percent in 2009 to 11.5 percent in September—during that month, Chrysler Group passed Toyota in sales and market share. The tsunami in Japan destroyed distribution plants in the country which slowed down the production of cars across the world and, in addition, Toyota's decline in sales is also attributed to major recalls during 2009 and 2010 as a result of acceleration malfunctions. Recovery from these incidents could last years, according to The Associated Press.

Peter Nesvold, a Jefferies & Co. analyst, wrote that Toyota's long and stable reputation as a safe, reliable and durable vehicle no longer helps maintain its once dominating share in the market. Although the quality of Toyota's vehicles is well-known, unfortunate outlying factors have caused the company major issues. In addition, the progress of the auto industry as a whole has brought competitors to the same high standard as Toyota.

"Quality is now a given," Nesvold wrote. "Toyota's historical reputation for quality was no longer the differentiating factor that it had been for many years."

Nesvold went on to mention that in addition to the lack of distribution of parts from Japanese factories, Toyota's bland design is also contributing to a declining interest in the automaker.

"This could take several years, or at least one product cycle, to implement—assuming that the company internally has already made such a decision," Nesvold wrote.

Toyota would not offer any comment on the issue to USA Today, however it has recently stated that an influx of new and upgraded vehicles is on its way to the market and the company expects to have a sales increase this month for the first time since the spring.

According to Toyota, September sales were down 17.5 percent in 2011 compared to 2010.
  http://www.allstate.com/insurance-industry-news/general-insurance-news/recalls-and-a-tsunami-may-stall-toyota-sales-for-years-800633776.aspx Thu, 03 Nov 2011 10:58:43 http://www.allstate.com/insurance-industry-news/general-insurance-news/the-future-scooter-is-here-today-piaggio-mp3-400-800624506.aspx Scooters are fuel-efficient vehicles that are especially convenient for city dwellers, and the new Piaggio MP3 400 offers a unique design and state-of-the-art features, The New York Times reports.

Millions of people worldwide take advantage of these light, agile and gas-friendly rides. One of the primary reasons some people hesitate driving them is because of safety issues, which is why Piaggio maintained safety as a priority when creating the vehicle, since scooter and motorcycle crashes can be severe.

Piaggio engineers developed the MP3 400 to have two wheels in front and one in the back. With three wheels, the scooter is more stable and safer than a standard two-wheeler. The two front wheels are connected by an intricate suspension and steering system that allows them to turn in unison. Although the front wheels are conjoined, when the scooter goes over bumps, every wheel reacts individually. For instance if the right front wheel drives over a rock, it will adjust while the left front continues to rotate normally. Even with a third wheel, the MP3 handles like a two-wheel scooter or motorcycle – able to take sharp turns and decelerate quickly.

An advantage that the MP3 has over standard scooters is that it's extremely capable on the highway. Piaggio states the vehicle's top speed is 88 MPH, and as Times contributor Dexter Ford took it for a test drive, he mentioned it kept pace comfortably with 75 MPH traffic.

Ford said the frame and body of the 400 protects the rider's legs from rain, wind and bugs effectively, although the windscreen is fractionally short which left his head and shoulders was exposed slightly.

Ford believes a more conservative look to the vehicle may have benefitted Piaggio.

"In the image-conscious motorcycle and scooter marketplace, the MP3 may turn out to be an idea that has arrived too far ahead of its time," Ford wrote. "Which is a shame. I had a great time riding tomorrow’s technology yesterday."

Whether the look is too futuristic for some, the 400 may be a good bargain. As the fragile economy continues to affect the average consumer's wallet, MP3's gas mileage is very forgiving. According to Piaggio, the 400 model has a 57-59 mile per gallon range.
  http://www.allstate.com/insurance-industry-news/general-insurance-news/the-future-scooter-is-here-today-piaggio-mp3-400-800624506.aspx Fri, 21 Oct 2011 16:34:52 http://www.allstate.com/insurance-industry-news/general-insurance-news/third-quarter-ends-with-increased-auto-sales-800624499.aspx Perhaps the best way to sell a car is to wait until the late summer and early fall.

U.S. automaker sales increased during September, particularly among the SUV and compact car brands, CNN Money reports.

Although major companies experienced revenue increases, Toyota and Honda sold fewer cars in the past month due to the aftereffects of the March earthquake and tsunami.

"Our plants are now working overtime and dealer deliveries will continue to increase through the remainder of 2011," said Bob Carter, head of Toyota's core Toyota car brand in the U.S. "It's a tribute to the efficiency of our distribution system and our dealers that we were able to sell more than 121,000 vehicles in September despite 40 percent less availability than last year."

Jesse Toprak, an industry analyst for Truecar.com told CNNMoney that the inventory levels of both Honda and Toyota may not normalize until sometime in the first half of 2012.

In total, more than one million new cars and light trucks were sold in September, which is a 10 percent gain from September of last year, according to Autodata.com.

What makes the sales increase that much more exciting is that the projections for the month were lower than the actual results, Toprak said. In addition, Toprak noted that although Americans are enduring extremely difficult fiscal times, it was clear they wanted to buy car models that were recently released by automakers. August and September are generally the months which carmakers release their new models.

General Motors reported a 19 percent sales increase this past September compared to September of 2010. The bulk of its sales came from SUVs, such as GMC Terrain, and compact vehicles, such as Chevrolet Cruze. This past month, GM sold approximately 18,000 Cruzes.

Ford had a sales increase of 9 percent and the automaker noted its SUV sales factored heavily. Fuel-efficient models, such as the Ford Explorer, aided the automaker's 35 percent SUV sales rate of September 2011 compared to last September.

Of all Detroit automakers, Chrysler Group posted the largest gains with a 27 percent sales jump. Edmunds.com analyst Michelle Krebs informed CNN Money that in the past, Chrysler relied too heavily on fleet sales to increase its revenue, however this trend has seemingly altered, which is a positive sign for the company.

The economy may have strangled consumer spending, but hopefully the recent car sales is a sign of things to come. http://www.allstate.com/insurance-industry-news/general-insurance-news/third-quarter-ends-with-increased-auto-sales-800624499.aspx Fri, 21 Oct 2011 16:33:02 http://www.allstate.com/insurance-industry-news/general-insurance-news/fuel-island-manager-offers-cardless-fuel-purchases-for-trucking-companies-800624495.aspx Truckers may soon enjoy a faster pump at Love's Travel Stops and Country Stores' gas stations across the country thanks to radio frequency identification tags, RFID journal reports.

QuickQ's newly adopted system, named Fuel Island Manager, uses a radio ID tags companies can place in their trucks, which will disable the need for truckers to scan ID cards or credit cards to fill up at the gas station. This not only can save fuel-up time, it negates instances of fuel fraud, according to the news source. The company plans to implement the service by the end of 2011 at 215 fueling stations in the United States.

Love's is a family-owned business that operates trucks and sells food, supplies and fuel in 39 U.S. states. Currently, many truck drivers use a fuel-payment service, such as Comdata, and have to swipe a card, enter a pin, and then start pumping the gas. Fuel Island Manager assures both increased security and efficiency. A truck with a FIM ID tag will be recognized by the system at a gas station and allow the driver to pump gas immediately, negating the need to swipe a card or input a PIN.

Ernie Bettencourt, QuikQ president, mentioned to Fleet Equipment that FIM enhances the collaboration among trucking companies and fueling stations, which may have initially depended upon the price per gallon. He further added that with FIM, traffic flows faster in and out of stations and the overall experience for both fueling companies and truckers becomes increasingly satisfactory.

"By enhancing the experience a driver has at a truck stop fuel island and easing the processing of fueling transactions for both the truck stop and the fleet," Betancourt told Fleet, "the combination of Fuel Island Manager and DFConnect promotes a more beneficial partnership between truck stops and carriers. In addition, Fuel Island Manager software can provide dispenser fraud prevention to other transaction providers."

In the past, truck drivers could potentially use their fuel card to purchase gas for personal use, which would be against company policy in many cases. These expenses can be monitored by the trucking company, but with FIM, the radio signal is only installed into the trucks that the company desires, preventing any instances of fuel fraud by the trucker.
  http://www.allstate.com/insurance-industry-news/general-insurance-news/fuel-island-manager-offers-cardless-fuel-purchases-for-trucking-companies-800624495.aspx Fri, 21 Oct 2011 16:31:24 http://www.allstate.com/insurance-industry-news/general-insurance-news/repairing-the-economy-requires-a-strong-housing-market-800624485.aspx Although the housing market is experiencing lows the likes of which the industry hasn't seen since the last recession, U.S. News & World Report informs that the increase in rental activity in the United States could boost the economy.

Since the financial crisis of 2008, every aspect of the housing market has deteriorated and industry analysts are warning that regardless if a calamity strikes the European debt crisis, a weak housing market in the United States will continue to destabilize the economy. In sum, the news source states that without a housing recovery, no economic stability can be attained.

Experts suggest the abundance of vacant homes is a leading factor the housing market is down. It's typical for there to be some unused homes on the market, but over the past few years, the numbers have soared. Discounting recreational and occasionally used homes, the Census Bureau presents that the home vacancy rate was 7.9 percent during 2010—this figure, according to Jed Kolko, chief economist at Trulia, is much higher than during the bubble period, the news source revealed.

Putting a dent in the rate of vacant homes is essential to homeowners facing foreclosure. Since many Americans have negative equity on their properties, a reduction of supply in the housing market would force housing prices up, and lost equity could be regained and mortgages refinanced, the news source states.

Peter Orszag, vice chairman of global banking at Citigroup and former director of the Office of Management and Budget under President Barack Obama, wrote in a Bloomberg column that if more investors were encouraged to buy vacant homes and lease them to renters, the lost revenue from those properties could be made up.

"Congress could give investors the incentive to buy vacant houses now by allowing them to write off the value immediately, as long as they hold on to the properties for some number of years and rent them out," Orszag wrote.

Kolko goes on to write that while a practice such as converting homes into rentals is ideal, many of the areas which have a higher rate of vacant homes also have a high unemployment rate—and naturally, such properties would not be in as high demand as a result.
  http://www.allstate.com/insurance-industry-news/general-insurance-news/repairing-the-economy-requires-a-strong-housing-market-800624485.aspx Fri, 21 Oct 2011 16:29:39 http://www.allstate.com/insurance-industry-news/general-insurance-news/warning-signs-of-an-illegitimate-car-dealer-800620638.aspx Across the country, officials protect auto consumers from buying cars through unlicensed car dealers by levying out sanctions and arraignments. However, individuals can avoid distrustful and illegal auto dealers by looking out for some warning signs, The Daily News reports.

More than 160 investigators from the California Department of Motor Vehicles made it their goal to arraign unlicensed car dealers. On September 17, disguised as everyday people, the investigators scoured more than 50 cities with unlawful car-flippers, or “curb stoners.” The undercover officers reported 120 citations during the operation. The penalty for a citation can result in thousands of dollars in fines as well as fees for every flipped vehicle, the news source states.

DMV deputy director Kathryn Door told the news source that often the cars being sold are so dangerous to drive that an accident or breakdown could be as imminent as the first drive out of the dealership. Through citations and confiscation of the vehicles, her agency hopes to eliminate the immoral tactics and strip the profit generated by curb stoners on California's roads. She added that car-flipping is both a danger to drivers and a harmful to the automotive market.

See the signs

David Rosenthal, injury board attorney member with Demas & Rosenthal, suggested to the newspaper that car buyers do their own research of a used car dealership. Before purchasing, the consumer should cross check a seller's identification listed on the vehicle with that on his personal ID.

Also, buyers should ask the dealer if they can use a money order or cashier's check—if the car dealer says "no" and only accepts cash as payment, this should be a huge red flag. Advertisements for car sales on websites, such as Craigslist, may include the contact information of the seller—the car buyer should make sure this information is in parallel with the "For Sale" sign on the vehicles being sold, Rosenthal writes.

Regardless of the legitimacy of the dealer, Jim Fonzi, president of Gates Automotive Center, cautioned the public when buying a used car because there are plenty of risks involved. Although the car could be a cheap buy, there may be a plethora of repair costs down the line.

"I've seen cases where people purchase used vehicles without doing research on the car, or having a pre-purchase inspection done by a certified technician, only to find all sorts of problems that can cost a lot to fix. These repair issues are found when the vehicle has its DMV required state inspection," Fonzi told WHEC.com.

He added that buyers may also want to have a mechanic look over the vehicle to ensure it is in good condition. If a few minor problems are found, buyers may even be able to ask for a lower price. http://www.allstate.com/insurance-industry-news/general-insurance-news/warning-signs-of-an-illegitimate-car-dealer-800620638.aspx Tue, 18 Oct 2011 08:24:41 http://www.allstate.com/insurance-industry-news/general-insurance-news/long-debated-yellowstone-national-park-snowmobile-rule-still-in-limbo-800620637.aspx Yellowstone Park's superintendent Dan Wenk delayed to act on the decision of whether to maintain the limit of snowmobiles in the park to 318 commercially-guided vehicles and 78 snow coaches, The Los Angeles Times reports.

Under the Clinton administration, the National Park Service conducted a study and ultimately prohibited the use of snowmobiles in the park. At the time, there were concerns about the air pollution, noise disturbance and dangers of snowmobiles to wildlife. Although this rule was eventually reversed by President George W. Bush, it is now under debate.

Wenk said that the current rule—which allows up to 318 snowmobiles and an additional 78 snow coaches to operate—will be in effect on December 15, and a final decision on the policy will be implemented for the 2012-2013 season.

This policy has been in debate for years now. In 2009, when a limit of 396 total snowmobiles was enforced, Al Nash, spokesman for Yellowstone, told the Associated Press that his agency delayed immediate action on the ruling to give the public more access to the park and give both state and park officials more time to come up with a long-term plan.

"On the big picture, no matter the issue, our continuing job as stewards of Yellowstone is to find ways to protect what is special about Yellowstone, while providing visitors the chance to experience this unique place," Nash said.

Wyoming Governor Dave Freudenthal responded to Nash in a statement and said that the rule implemented by the Park Service was unacceptable. He further mentioned that his state deserved substantial evidence as to why the federal government was limiting visitors' access to Yellowstone.

Some environmentalists say that snowmobiles are destructive to the park, according to The New York Times.

''Years of study show they have detrimental effects on wildlife in winter,'' Tony Jewett, senior director for the Northern Rockies Office of the National Parks and Conservation Association in Helena, Montana, told The Times. ''They're harmful to park employees because they pollute, they are noisy, and for other users they compromise the experience of the silence and solitude, which are hallmarks of the winter landscape in Yellowstone.''

Eco-friendly snowmobiles, which are quieter than gas-powered ones, are available, but not heavily used by the public.

Yellowstone currently charges snowmobile visitors $15 to enter the park and ride through trails.
  http://www.allstate.com/insurance-industry-news/general-insurance-news/long-debated-yellowstone-national-park-snowmobile-rule-still-in-limbo-800620637.aspx Tue, 18 Oct 2011 08:20:56 http://www.allstate.com/insurance-industry-news/general-insurance-news/mortgage-rates-reach-historic-lows-800620060.aspx It's never been more affordable to finance a home, despite real estate analysts saying the housing market has yet to fully recover since the recession ended.

Since early September, mortgage rates for a 30-year fixed-rate loan—the most popular mortgage option—have declined on a weekly basis. New all-time lows were recorded on each occasion. And since the beginning of October, rates fell even more sharply than the previous month.

Mortgage rates dip below 4 percent for first time

The average rate for a conventional 30-year FRM fell below 4 percent for the first time in history, according to Freddie Mac's Primary Mortgage Market Survey. For the week ending October 6, rates averaged 3.94 percent, down 7 basis points from the previous week when rates averaged 4.01 percent. A year ago during the same period, 30-year FRMs averaged 4.27 percent.

Frank Nothaft, vice president and chief economist for Freddie Mac, attempted to explain why rates have fallen so considerably.

"Average 30-year conventional fixed mortgage rates fell below 4 percent for the first time in history this week following a sharp drop in 10-year Treasuries early in the week as concerns over a global recession grew," said Nothaft.

Given that mortgages have become so reasonable, it would seem likely that prospective home buyers would be flooding the market to capitalize. But as Nothaft and other economists have observed, this hasn't been the case.

"Financial worries among consumers are likely holding back home sales, which remain lackluster despite the most affordable home-buying market in decades," said Nothaft. "Boosting job and income growth among households will support consumer confidence and also stimulate household formation."

Down payments often prove cost-prohibitive

Financial problems are among the biggest obstacles prospective homebuyers face, as a recent survey indicates. According to real estate listing website, Trulia, and its biannual American Dream survey, several hurdles stand in the way of homeownership. In addition to not being able to pay off existing debt, having a poor credit history and not qualifying for a mortgage, not having enough funds to pay for a down payment on a house was the most common obstacle cited by respondents.

"These obstacles keep some would-be homeowners from taking advantage of low mortgages rates," said Jed Kolko, chief economist for Trulia.
  http://www.allstate.com/insurance-industry-news/general-insurance-news/mortgage-rates-reach-historic-lows-800620060.aspx Mon, 17 Oct 2011 15:20:31 http://www.allstate.com/insurance-industry-news/general-insurance-news/is-it-worth-it-to-buy-a-home-in-this-economy-800618396.aspx The ailing status of the American economy has put buyers in no rush to invest in the housing market, and the declining industry has experts wondering if owning a home is even worth it anymore, Reuters reports.

The past 30 years was a great time to own a home and baby boomers primarily took advantage of low-risk opportunities. Even throughout the four-year nosedive in the housing market, those who owned a home prior to this period have still benefitted. The American dream used to revolve around owning a home. In years past, with mortgage rates and taxes subsidized by tax codes, investing in a home was a sound financial decision, as long as the homeowner planned on living there for more than a few years, US News suggests.

Since 2006, housing prices have declined, and while this seemingly creates numerous opportunities for buyers, those trying to sell their homes may stand pat until the market grows. This trend has stagnated sales and according to Freddie Mac, each month of this year has been worse than its corresponding month in 2010.

"Home buyer affordability is through the roof," said Frank Nothaft, chief economist for Freddie Mac. "But consumers are feeling economically insecure. When consumers are feeling economically insecure, they'll shy away from buying really expensive things."

Unemployment rates have further hampered home sales. Nationally, 9.1 percent of Americans are without a job, according to the U.S. Bureau of Labor Statistics. With a diminishing workforce, foreclosures tend to increase, which ultimately cuts housing prices. A survey by Freddie Mac found that 55 percent of foreclosures were a result of homeowners' unemployment or loss of income. More than 21 percent of homeowners were foreclosed on due to having debts higher than the home value, also known as excessive obligation. Approximately 8 percent of respondents told the mortgage giant that marital issues were the cause of their foreclosure.

Home buying today comes with risk, though some analysts feel the current status of the housing market is at its cellar and can only go up. However, consumers looking to invest in a house are worried the home's value will decline over time. Instead, U.S. News notes it may be wiser in some situations for a consumer to invest in the stock market while renting an apartment. Young adults and renters who may be constantly on the move are better off renting. According to the paper, if an individual or couple is planning to live in a residence for less than five years, it would be best to rent. Otherwise, owning is always a better option, even in a down economy.

Kent Colton, senior fellow at Harvard University's Joint Center for Housing Studies, said there is an overreaction to the mortgage market, which is stalling growth. However, potential policy changes, such as a lower required down payment, would give the industry a boost.

"We will continue to bounce on bottom, and at some point, people will realize it is a good time to buy and act on that, and we will see a bump up on sales," Colton said.
  http://www.allstate.com/insurance-industry-news/general-insurance-news/is-it-worth-it-to-buy-a-home-in-this-economy-800618396.aspx Thu, 13 Oct 2011 16:40:01 http://www.allstate.com/insurance-industry-news/general-insurance-news/inspecting-a-flood-damaged-vehicle-800618375.aspx Hurricane Irene and Tropical Storm Lee created a nightmare along the East Coast. Cars were inundated and damaged by the floods that passed through the region. Generally speaking these vehicles would not be worth their initial price after attaining so much water—however, certain questionable auto dealers will hide cars' flood-damage history and sell them to consumers, the Insurance Information Institute reports.

Jean Salvatore, senior vice president and consumer spokesperson for III, said that immoral car dealers often conceal damages a car has incurred from a natural disaster. She went on to say that it's legal to sell a vehicle that was flood damaged, so long as the consumer is made aware of the car's full history.

The National Insurance Crime Bureau is aiding law enforcement agencies and insurance firms in identifying and documenting water-damaged cars to lower the instances of consumers being wrongfully informed by auto dealers.

NICB introduced VINCheck, a service offering a free search of car's vehicle identification number, depicting the vehicle's true history.

"To avoid inadvertently purchasing a flood-damaged car, it is important that you only buy a used car from a reputable dealer, have a certified mechanic look for flood damage and check the car's VIN number by using a credible industry database," noted Salvatore.

There are certain indicators a car may have incurred flood damage. If any mildew, debris or silt are in sections of the car that are peculiar, such as the in the trunk or engine compartment, the car may have experienced water-damage. Additionally, rusty screws, faded upholstery, discolored or water-stained seatbelts and door panels, damp carpets and moldy odors are all signs that a vehicle may have been exposed to a flood.

In the recent past, there were thousands of vehicles put back on the market following a flood. In 1999, Hurricane Floyd damaged 75,000 vehicles and half of them were put back on the road. More recently, Hurricanes Katrina, Rita and Wilma during 2005 and Hurricane Ike in 2008 claimed more than 700,000 cars, many of which went up for sale.

It's important to inspect a vehicle's history regardless of the dealer's reputation. Cars may look just like new, but the damage that cannot be hidden is in the electrical and engine systems. Since the average consumer would not be able to notice this, it would be beneficial to spend a few more dollars and bring a trusted mechanic along to inspect car deals.
  http://www.allstate.com/insurance-industry-news/general-insurance-news/inspecting-a-flood-damaged-vehicle-800618375.aspx Thu, 13 Oct 2011 16:35:48 http://www.allstate.com/insurance-industry-news/general-insurance-news/hire-an-agent-before-buying-real-estate-800614414.aspx The costs of an agent may deter a consumer from hiring one, but individuals that purchase homes on their own are costing themselves thousands in the long run, The New York Times reports.

There are a number of facets that may be overlooked when an individual purchases property without commercial or residential real estate experience. Hiring an agent gives a consumer security, protection and proper guidance, and eases the stress of property acquisition.

An agent may take care of the ins and outs of a sale, including plumbing inquiries, structural concerns and any potential home repairs which could stress out the average consumer. A consumer has the confidence to know that while they're working at their own job, a real estate agent is managing the acquisition of their potential property.

"Perhaps it's a defect in the property or potential financial issues in the building," Gea Elika, founder of Elika Associates, a real estate agency working exclusively with buyers, told the paper. "Or maybe the resale potential is terrible. Buying a home is an emotional thing, so buyers may not see what's wrong."

In New York, real estate agents must sign a disclosure form that explains the difference between seller and buyer interest—meaning, whether the agent is representing the interests of the consumer or the seller. Some sales are managed through a dual agent, who offers loyalty to both the buyer and seller. However, Neil B. Garfinkel, residential counsel to the Real Estate Board of New York, told the paper he doesn't think it's possible to have a perfectly divided mindset as a dual agent.

In theory, the dual agent works as a mediator, but when it comes down to the sales, it may be difficult for an agent to reveal home flaws to the buyer, or to request a price decrease from the seller, the Times suggests.
  http://www.allstate.com/insurance-industry-news/general-insurance-news/hire-an-agent-before-buying-real-estate-800614414.aspx Fri, 07 Oct 2011 16:40:55 http://www.allstate.com/insurance-industry-news/general-insurance-news/existing-homes-sales-up-but-market-still-struggling-800613839.aspx While recent home sales data appears to indicate the real estate market may be in recovery, a further analysis of the numbers suggests otherwise.

According to existing-home sales data released by the National Association of Realtors, property purchases rose last month by nearly 8 percent, as 5 million homes were bought in August on a seasonally adjusted annual basis. That's up from 4.6 million purchased in July.

Ron Phipps, president of the NAR, said it's never been a better time to be in the home-buying market.

"All year, the relationship between home prices, mortgage interest rates and family income has been hovering at historic highs, meaning the best housing affordability conditions in a generation," said Phipps.

Because property purchases are up, it would appear to indicate people are encountering fewer financial problems and are able to afford the cost of homeownership. However, Lawrence Yun, chief economist for NAR, said the increased rate of sales in August may actually be those that were delayed in previous months rather than a rise in property purchases.

New-home sales slide to six-month low

Another signpost suggesting the home-buying market has yet to recover is the pace of new-home sales in August. According to the Commerce Department, new-home sales fell to a seasonally adjusted annual rate of 295,000, a 2.3 percent decline from July and a 6 percent decrease when compared to August 2010. It's the fourth-straight month that new-home sales dropped and the fewest number of properties sold since February.

Low wages, few jobs contributing to housing crisis

What explains the housing market's inability to recover? Pierre Ellis, an analyst at Decision Economics, told USA Today it's a combination of things, but mainly it's due to wages being low and the rate of hiring at a virtual standstill.

"The bad news is the evident absence of optimism that sales will pick up to any degree," said Ellis.

The National Association of Home Builders isn't projecting confidence, either. After the Commerce Department reported that housing starts declined in August to a seasonally adjusted annual rate of 571,000, Robert Denk, senior economist of the National Association of Home Builders, said he wasn't surprised.

"[The reduced number of housing starts] are completely consistent with NAHB's forecast for the quarter and are in keeping with the anemic economic and job growth we are seeing across most of the country," said Denk.

While a lack of jobs may be contributing to the minimum number of home sales, David Crowe, chief economist for NAHB, said the buying process itself is fraught with difficulty even for people who are employed. Despite mortgage rates being at historic lows, tight credit conditions and lending rules are making it difficult for prospective property owners to take advantage of low-interest financing, he said.

To help, the federal government recently announced it planned on expanding the Home Affordable Relief Program to make the refinancing process more affordable. In a statement, the Federal Housing Finance Agency, which runs HARP, said it was "carefully reviewing the mechanics of the HARP program to identify possible enhancements."
  http://www.allstate.com/insurance-industry-news/general-insurance-news/existing-homes-sales-up-but-market-still-struggling-800613839.aspx Fri, 07 Oct 2011 12:41:37 http://www.allstate.com/insurance-industry-news/general-insurance-news/why-are-supercars-so-exotic-800609739.aspx High-priced luxury items, such as homes, yachts and European vacation villas are typically reserved for the rich and famous, and exotic vehicles are no different. Supercars, as they are generally referred to, are extremely high-end vehicles characterized by their speed, power, style and high price, which can climb into the millions. In addition, these vehicles tend to be extremely limited in their production and are not offered to the general public.

So for all the pomp and circumstance surrounding these vehicles, many critics ponder over the high car prices millionaires pay for these supercars and question what makes these cars so unique in their production.

"The appearance of a supercar that I don't immediately want—and yet, crucially, find to be in incredibly good taste—got me thinking: This is odd, and ultimately indefinable, stuff," wrote Exhaust Notes columnist Sam Smith. "What is it that makes a no-holds-barred automobile desirable? This isn't a matter of good looks or pure speed; if it were, few supercar manufacturers would go out of business. If you're buying an impractical, million-dollar car, what gets you off the couch?"

Which features are the most appealing?

The top listed supercars of 2011-2012 were recently released by Supercars.org, and the list highlights some of the key features that appeal to the most affluent buyers.

Tied at third place were the Lamborghini Reventon and the Koenigsegg Agera R at $1.6 million. The Lamborghini can reach 60 mph in only 3.3 seconds and only 20 vehicles were made, increasing its rarity. The Koenigsegg supercar has a capped speed of 235 mph, but this cap can be removed upon special request, allowing drivers to reach top speeds of 270 mph, the website reports.

The Pagani Zonda Clinque Roadster came in at second place, with its top speed of 217 mph and its ability to go from 0-60 mph in 3.4 seconds. The supercar is also unique in its high price tag of $1.85 million.

In first place is the $2.4 million Bugatti Veyron Super Sports, which can reach 60 mph in only 2.5 seconds. Its speed capability earns the Bugatti the title of the fastest legal street vehicle in the world, according to the website.

The most recent top listed supercars report suggest rarity, price and speed remain the top features that appeal most to the luxury market. http://www.allstate.com/insurance-industry-news/general-insurance-news/why-are-supercars-so-exotic-800609739.aspx Mon, 03 Oct 2011 12:31:32 http://www.allstate.com/insurance-industry-news/general-insurance-news/extra-driver-fees-confuse-vehicle-renters-800606137.aspx Traveling can get expensive once you factor in the hotel, rental car, food, and related expenses. So when travelers find that additional fees will be tacked on to their rental vehicle when they add an extra driver on the account, they may feel frustrated.

Charging additional fees for an extra driver is not a new expense imposed by car rental agencies, but the rhyme and reason behind the charges has been a point of contention between the companies and their customers, according to The Los Angeles Times. Rental agencies say the charges allow the company to cover the added liability they face when an extra driver has access to the vehicle.

"The additional driver fee is designed to deal with the increased financial risk associated with having more than one driver," Alice Pereira, a representative of Avis, told the Times in an email. "Vehicles with more than one driver tend to have a higher incidence rate of accidents and vehicle damage."

Many drivers, however, feel that this justification is inconsistent with the policies most rental agencies impose, especially because the rental insurance rates remain unchanged regardless of how many drivers are listed on the account. As an example, many rental companies, including Avis, Budget, Enterprise, and all agencies operating in the state of Iowa, do not charge additional fees if the second driver is a spouse, according to Budget Travel. Many rental agencies also waive the additional fees if the second driver is a business associate or domestic partner.

Avoiding additional driver fees

Fees for an extra driver may range anywhere from $3 per day to $13 dollars. In addition, the fees often vary both by agency and on a state-by-state basis. For example, Payless charges drivers an additional $8 per day to add an extra driver in Phoenix, Arizona, but this fee is slashed to $5 in Miami, Fla., Budget Travel reports.

There are a few ways drivers may be allowed to get around paying these fees, but it's important to research different agencies' policies beforehand. Hertz, for example, waives fees for spouses and domestic partners if the primary driver on the account is a member of its frequent-rental club, which is free to maintain, the travel website explains.

Other rental agencies also waive fees if drivers belong to a range of other organizations or hold certain memberships, such as AARP or AAA. The same rule may apply for business travelers who work for certain companies or are affiliated with sister agencies, so it's important to carry along business credentials while working out the rental agreement.
  http://www.allstate.com/insurance-industry-news/general-insurance-news/extra-driver-fees-confuse-vehicle-renters-800606137.aspx Wed, 28 Sep 2011 12:08:02 http://www.allstate.com/insurance-industry-news/general-insurance-news/ban-on-youth-atvs-and-dirt-bikes-repealed-800606134.aspx Young motorcycle riders and advocacy groups are celebrating the amendment of a law, which lifts a previous ban on youth ATVs and dirt bikes.

Laws relating to product safety, especially pertaining to children, have always spurred fierce debate and resulted in strict legislation. The Consumer Product Safety Improvement Act enacted two years ago by the federal government laid down additional layers of protection on children's products that related to lead content levels, according to ATV.com. The primary focus of the legislation related to children's toys, books, scientific equipment and similar products that carried high content levels of lead.

However, youth ATVs and off-highway dirt bikes became a casualty of this law due to high lead content in certain parts, incensing many enthusiasts and prompting motorcycle advocates to lobby for a provision that removes the ban.

Groups lobby to have law repealed

The Motorcycle Industry Council became one of the staunchest critics of law and launched a nationwide campaign to garner support for the reversal of the ATV ban. The MIC recently gathered and delivered more than 4,000 letters from industry professionals to Congress, noting the ways in which the CPSIA had a negative impact on the economy.

"We believe these letters along with the other communications will help add to the momentum encouraging Congress to amend the CPSIA's lead content provisions to exclude youth vehicles," said MIC chairman Larry Little. "Our Industry has a voice and we believe Congress is hearing us loud and clear."

According to data compiled by the MIC, the CPSIA ban would have resulted in a youth vehicle profit loss of $1 billion. In addition, the group contended that the ban did little to protect young adults from lead poisoning, as similar traces and levels of the product can be found in drinking water. Instead, the MIC said the ban may actually pose more risk of accidental death or injury because it forced young enthusiasts to purchase vehicles that were not the right size, due the size restrictions imposed by the legislation.

The MIC has heralded the amendment as a victory for the industry and noted strong activism and lobbying as a contributor to the new law.

"For more than two years, the powersports industry and its riders have urged Congress to categorically exclude youth dirt bikes and ATVs from the CPSIA's lead content provisions," said Little. "We are gratified that our community’s passion and perseverance have paid off and the ban on youth model OHVs is finally over."
  http://www.allstate.com/insurance-industry-news/general-insurance-news/ban-on-youth-atvs-and-dirt-bikes-repealed-800606134.aspx Wed, 28 Sep 2011 12:03:48 http://www.allstate.com/insurance-industry-news/general-insurance-news/shipping-your-vehicle-safely-across-country-800602335.aspx If you're moving to another state and are unsure how to ship your car, there are plenty of tips to help you along the way.

First, find out if your auto insurance companies give you coverage for auto shipment expenses, RealEstate.com reports. Some insurance agencies offer up to 100 percent coverage on transportation fees, but may require you do so with a specific moving company.

Protecting your asset

The moving company you plan on using should have an insurance certification. If it doesn't, RealEstate.com suggests finding another mover. All registered moving companies are required by law to have this certification, yet a select few cut costs by avoiding paying insurance premiums.

The shipping company will present to you the contract, laying out the details and specifications of the agreement. Be sure to peruse the entire contract before signing off and make or request a copy for yourself. It's rare but not unheard of for moving companies to add on unexpected fees. Linda Bauer Darr, president and CEO of American Moving and Storage Association, told The Washington Post of a common scam in the moving industry.

"In a hostage-goods situation, somebody has already moved your stuff and quoted you one price. But by the time you get to the destination, they're holding on to the goods and they ask you to pay an inflated price," she said. "We all know that when someone's charging twice the amount they originally quoted, something's gone afoul."

Next, make sure your belongings are emptied out of your vehicle and clean the car thoroughly. Any items that you leave behind, such as a GPS device or MP3 player, may not be reimbursed by the insurance company if those end up missing, the news source suggests.

Ensuring safe delivery

When giving your car to the shipping company, make a final check of the bumps and scratches on your vehicle and document them, Real Estate says. Any further damage to the vehicles during delivery will be the liability of the shipping company. However if they plan on refuting a damage claim, you must supply evidence that the car was given to them in better shape when you dropped it off. The news source advises the best way to avoid a dispute is by taking photos of the vehicle when you drop it off to the moving company.

After your car is delivered, scan for damages once again. If there are any extra scratches or dents, you can submit a claim on the bill of lading, according to the news source. You must request that the transporter sign the document and then call the moving company to register for a reimbursement.

If the moving company rejects your reimbursement claim, you can register a complaint with the Better Business Bureau, as well as the United States Department of Transportation. http://www.allstate.com/insurance-industry-news/general-insurance-news/shipping-your-vehicle-safely-across-country-800602335.aspx Thu, 22 Sep 2011 15:35:09 http://www.allstate.com/insurance-industry-news/general-insurance-news/ama-hails-legislation-legalizing-sale-of-atvs-for-kids-800602204.aspx President Barack Obama recently signed legislation that's being billed as a win for the motorcycle industry and young drivers who enjoy all-terrain vehicles. Several years ago, after it was learned that Chinese manufacturers had distributed toys laden with lead paint, Congress passed the Consumer Product Safety Improvement Act of 2008, also known as "The Lead Law."

In effect since February 2009, CPSIA banned the making, importing, distributing, and selling of any product intended for children 12 years and age or younger that contained more than a specific amount of lead. Included on that list were ATVs and off-highway vehicles.

Since then, power sports companies have been forbidden from selling these vehicles for children's use. But on August 12, Obama signed House Resolution 2715, exempting ATVs and OHVs from the rule.

Exemption brings 'sigh of relief' for many families

The American Motorcyclist Association hailed the decision, saying it will benefit the industry and families who have wanted to buy an ATV but have been unable to do so.

"Families across the nation are breathing a sigh of relief now that kids' off-highway vehicles have been exempted from the lead law that banned them," said Rob Dingman, AMA president and CEO. "Families are sharing their stories with us about how they enjoy responsible motorized recreation as a family, and how they thought their riding worlds were about to end."

The AMA said the decision likely wouldn't have come to pass were it not for the painstaking efforts of the All-Terrain Vehicle Association and millions of consumer rights advocates like Peggy Malcolm of Littleton, Colo.

"It would have been devastating to my children and thousands more just like them if they were unable to ride, and it would have been a shame if the reason they couldn't ride was because our government failed them," said Malcolm.

She added that children gain a lot from riding, learning such things as self-discipline, good sportsmanship and responsibility.

Also applauding the passage of H.R. 2715 was Tyler Newcomer of Hedgesville, W. Va, who has children that are ATV enthusiasts. He told AMA that the move "helped save [kids'] right to ride" but also helped protect the industry as it struggles with rough economic times. "This bill will help save jobs," he said.
  http://www.allstate.com/insurance-industry-news/general-insurance-news/ama-hails-legislation-legalizing-sale-of-atvs-for-kids-800602204.aspx Thu, 22 Sep 2011 14:41:33 http://www.allstate.com/insurance-industry-news/general-insurance-news/china-looks-to-cut-back-on-car-production-800601033.aspx When American consumers buy a new car, there's a pretty good chance the vehicle they're considering was made in China, as according to a J.D. Power and Associates study, the country has a massive manufacturing capacity that's expected to reach 31 million vehicles by 2013.

But according to The New York Times, China's automotive industry may be putting a greater focus on quality rather than quantity.

Manufacturers urged to reduce production

In early September, Chinese government officials convened a conference of the country's leading automakers to encourage manufacturers to shift their focus from producing as many cars as possible to creating a higher number of eco friendly vehicles such as gasoline-electric hybrids and all-electric cars, the newspaper reports.

Jiang Kejun, director of China's top economic planning agency—the Energy Research Institute at the National Development and Reform Commission—reportedly said during the conference that the "government must take the leading role in controlling unrealistic growth" of the automotive industry.

China wants green technology secrets

While it's not known how the government will try and restrict manufacturers' growth, there are some indications as to how China is attempting to create a bigger role in the production of fuel-efficient vehicles.

In a separate report from The New York Times, the Chinese government is allegedly pressuring company executives from General Motors to reveal industry secrets as to how core technologies are produced for models like the Chevrolet Volt.

In an interview with the Times, GM officials say China is refusing to provide the American auto maker with subsidies to help produce its line of vehicles in the country unless it reveals how to the core is built.

"We have to break through and master the core technologies," said Chen Jiachang, deputy director of the ministry of science and technology, at the early September conference convened by government officials.

While GM is resisting the demands, the Ford Motor Company is acquiescing, the Times reports. However, a Ford executive told the newspaper that the company will only reveal its secrets through project demonstrations rather than providing manufacturers with guidance or assistance in the production process.

Whether information regarding the technology is revealed or not, international trade experts tell the New York Times that China's ultimatum of no subsidies without secrets may violate commerce rules established by the World Trade Organization. http://www.allstate.com/insurance-industry-news/general-insurance-news/china-looks-to-cut-back-on-car-production-800601033.aspx Wed, 21 Sep 2011 13:16:03 http://www.allstate.com/insurance-industry-news/general-insurance-news/has-the-real-estate-market-bottomed-out-800601031.aspx Many economists believe the housing market is in a free fall and has yet to reach bottom thanks to consumer confidence lagging and mortgage applications down despite record low interest rates. But according to a real estate mortgage technology, the real estate market's worst days have come and gone.

According to foxnews.com, contrary to some reports indicating price deteriorations, the FNC Index—which takes into account home data from public records and matches them with recent property appraisals—indicates home values are stabilizing.

For instance, in April, single-family home prices rose by 0.5 percent, according to FNC. And in FNC's latest home price index—released on August 25—home prices rose for the third consecutive month, recording the largest seasonal gain year to date.

Anther indicator that the real estate market is on the upswing is the number of homes listed for sale. According to the firm, since December, listing activity has risen 65 percent. What's more, the number of homes that have gone down in price dropped from 6 percent in the fourth quarter of 2010 to just 4 percent in the first three months of 2011.

Las Vegas, Chicago real estate showing signs of life

There have also been positive reports coming from parts of the country that have had a history of negative real estate sector developments. For instance, in Nevada's most populous city, Las Vegas, existing home sales recorded its second best month ever.

According to the Greater Las Vegas Association of Realtors, 4,693 homes were sold, a 20 percent increase when compared to August 2010.

"August was a super active month for sales," said Paul Bell, GLVAR president. "In terms of existing home sales here in Southern Nevada, it was our second best month ever."

Another state that's seen its share of bad housing news, Illinois, has also experienced something of a turnaround. The Illinois Association of Realtors reports that home sales statewide in July rose more than 18 percent when compared to the same month in 2010 to 9,708.

"The forecast over the next three months indicates good news for the total number of sales, which will be positive year-over-year in August, September and October for Illinois and the Chicagoland region," said Geoffrey Hewing, director of the Regional Economics Applications Laboratory at the University of Illinois.

Mortgage application volume still low

Yet despite these optimistic signs and mortgage rates hovering at just over 4 percent for 30-year fixed-rate mortgages, it seems more people are apartment hunting as mortgage application volume has not increased.

Economists say it will take a confluence of factors for the real estate market to make a full recovery—such as consumer confidence—increasing and employment rates improving. In the month of August, the economy added zero net jobs, according to the latest jobs data released by the Labor Department.
  http://www.allstate.com/insurance-industry-news/general-insurance-news/has-the-real-estate-market-bottomed-out-800601031.aspx Wed, 21 Sep 2011 13:11:43 http://www.allstate.com/insurance-industry-news/general-insurance-news/snowmobile-industry-looking-up-again-800595964.aspx Many Americans are changing gears and preparing for the cold-weather season, thinking specifically about what they'll do when they visit winter vacation destinations. And one thing the International Snowmobile Manufacturers Association hopes is included on that list: buying a new snowmobile.

Earlier this summer, the ISMA released the sales results for people buying a new snowmobile. Worldwide, snowmobiling is on the increase.

Snowmobile purchases up 5 percent

For instance, in the United States, approximately 51,800 snowmobiles were sold, a 5 percent increase compared to 2009-10. Other countries with cold climates also reported sales increases, specifically Canada and Russia. Snowmobile purchases were up 8 percent in Canada and up 20 percent in Russia.

Meanwhile, snowmobile registrations in the U.S. were also higher this past winter compared to 2009-10. More than 1.55 million snowmobiles were registered in 2010, the report found, an increase of 50,000 from the 2009 total of 1.5 million.

Snow cover increased last winter

What's the explanation for the surge in snowmobile purchases? According to the ISMA, it largely stemmed from increased snowfalls. Based upon estimates from Rutgers University Global Snow Lab, snow cover over the Northern Hemisphere averaged 24.6 million square kilometers, with December bringing the fourth highest reading of snow on record. In North America alone, February had the third highest snow total,

Interest in snowmobiling grew in 2010-11 while the availability of fresh snow and snowmobile purchases increased as well. According to the website Go Snow Mobiling, affiliated with the ISMA, the number of people visiting the website this past winter totaled 3 million, a marked rise from 2009-10. While many of these visitors already owned a snowmobile, the website noted that approximately one in every five did not have one but were interested in buying one.

Other findings showing an increase in interest in snowmobiling were the results of a recent poll. When thousands of respondents were asked by the ISMA to define their interest in snowmobiling—one being the lowest and 10 being the highest—the average response was a nine.
  http://www.allstate.com/insurance-industry-news/general-insurance-news/snowmobile-industry-looking-up-again-800595964.aspx Wed, 14 Sep 2011 13:31:24 http://www.allstate.com/insurance-industry-news/general-insurance-news/lower-co2-emissions-and-auto-insurance-rates-with-an-electric-vehicle-800595663.aspx Green energy, global warming and CO2 emission have been in-vogue terms for a long time, however as much as we've attempted to clean our atmosphere with the inclusion of wind and solar panels, recycling and the Nuclear Non-Proliferation Treaty, the buck seems to have stopped with gas-powered cars in the United States, The New York Times reports.

A perfect option for green-oriented individuals, as well as those who are looking for cheaper auto insurance rates, electric cars have a plethora of pros combined with few cons, according to San Diego Gas & Electric. Even if the initial cost is slightly higher than the average vehicle, electric cars are cheaper to maintain over the long run. They require absolutely no gas to operate.

Very few check-ups are required in the first few years of operation, and electric cars require few, if any, parts changes. Replacing engine oil is unnecessary and for the most part your biggest expense will be changing the wheels, meaning your wallet will stay heavy.

Completely dependent on electricity, a gas-free vehicle emits no pollution. In addition, the car is extremely quiet, which negates any unpleasant loud engine noises—a feature that your neighbors will appreciate if you ever have to take your car out in the middle of the night.

By charging the cars overnight, electric car owners won't be overstressing the city grid because overall consumption of electricity is lower after working hours. Overall, the more the United States invests in electric cars, the less it will depend on foreign oil.

Smart's new addition

One of the newest electric car models is Smart ED. The New York Times says the vehicle is part of the next wave of gas-free models designed around the limitations of electric vehicles.

"The people at Smart had an electric drive train in mind from the start, designing a car small enough and light enough to wrest a measure of performance out of the potentially anemic power plant that figured into automakers’ nightmares," wrote John Schwartz, a contributor to the Times. "The realization of that design is sweet and seamless. The battery pack sits between the axles under the floor—at 326 pounds, it brought a firmness to the handling, so the ED feels somewhat steadier than the conventional models."

As good as these cars may be for the environment, there are some inconveniences. For example, electric cars are extremely quiet on the road, which may be peculiar to certain drivers at first, and can be hazardous to pedestrians who happen not to look both ways before crossing the street.

Furthermore, electric cars may not last very long on a single charge. They need to be charged nightly if they're being used daily. The cars are perfect for city driving, but for a road trip they aren't exactly idea, the Times states.

Hybrid cars, such as the Toyota Prius, use engines that combine electricity and gas. These cars are more suited for longer distances, as the electricity-powered section of the engine runs out, the car uses gas. Overall, gas mileage is extremely efficient on hybrids, and models are great for the common city and suburban driver, according to the U.S. Department of Energy.
  http://www.allstate.com/insurance-industry-news/general-insurance-news/lower-co2-emissions-and-auto-insurance-rates-with-an-electric-vehicle-800595663.aspx Wed, 14 Sep 2011 08:37:22 http://www.allstate.com/insurance-industry-news/general-insurance-news/a-cultural-divide-for-electric-cars-800582970.aspx As more Americans enter the market for electric vehicles, it appears minorities are not following suit. A report from the Greenlining Institute found cost and lack of consumer education may be shutting low-income and minority communities out of the electric vehicle market.

California is a prime example

Minorities represent 60 percent of the population in California, but 70 percent of hybrid owners in the state are Caucasian and 92 percent of residents who own an eco-friendly electric car earn more than $75,000 a year, according to the report.

"There's the message and there’s the messenger," the Greenlining Institute's lead author on the report, C.C. Song, told Capitol Weekly, a California-focused government and political newspaper. "The marketing just doesn’t reach to these communities."

Song added Lexus and Mercedes are the "cool" cars for younger minorities.

Product information and education

Some experts feel car companies need to do a better job advertising EVs to the minority community. They are also calling on government organizations to make information regarding the benefits of driving these types of automobiles more accessible to Americans as a whole, according to Capitol Weekly.

Potential minority buyers may think these eco-friendly cars are out of their price range, when in fact they may be a cheaper option. Unfortunately, a major issue may also be the lack of charging stations in urban communities. New condominium units in California are required to offer sufficient electric charging stations following the passage of bill SB 209. However, the legislation does not include rental units or apartment buildings under the new mandates.

"Creative efforts will be needed to increase EV market penetration in communities of color, including education about how the 'smart grid' can help minimize charging costs," details Greenlining's report.  http://www.allstate.com/insurance-industry-news/general-insurance-news/a-cultural-divide-for-electric-cars-800582970.aspx Thu, 25 Aug 2011 07:29:41 http://www.allstate.com/insurance-industry-news/general-insurance-news/builders-maximize-motorcycle-fuel-efficiency-800582344.aspx In the early 1980s, an Ohio motorcycle enthusiast founded a fuel efficiency event , the Vetter Fuel Economy Challenge, which tasked motorcycle builders to construct a model that burned as little gas as possible. While the event was always successful, the founder, Craig Vetter, has not hosted it in recent years because he wanted to raise a family, the New York Times reports. This year, the tournament is back.

The challenge was a bit more specific in the reboot this July. Contenders were tasked with constructing a bike that could go 70 miles per hour in the face of strong wind gusts and still carry a cargo in addition to passengers, such as several bags full of groceries.

Breaking 150 miles per gallon

Twenty people accepted the challenge, the Times reports, but the ultimate winner was Charly Perethian of Dahlonega, Ga. Based on the Honda NX 250 dirt bike, Perethian was able to reconstitute the bike in such a way that it achieved 153 miles per gallon with plenty of room to for extra cargo.

Fred Hayes of Hesperia, Calif., came in second after his Kawasaki KLR 650 achieved 144 miles per gallon, according to the Times. Hayes’ company, Hayes Diversified Technologies, supplied the U.S Marines with a slightly different version of his model, according to the Times.

Event founder takes sixth place

Vetter had a few gas saving tips to impart, which is why he entered a motorcycle of his own into the competition—a Honda 250 Helix scooter. Posting approximately 110 miles per gallon, the bike came in sixth place.

Harley Davidson sees earnings increase nearly 40 percent

While motorcycle mileage readings exceeding 100 gallons per hour are rare, their gas-sipping ability may explain the surge in motorcycle sales in 2011. Harley Davidson’s earnings increased from $139 million in the second quarter of 2010 to $190 million for the same period in 2011, an increase of 37 percent, according to the company.

In addition to motorcycles' fuel efficiency compared to automobiles, Keith Wandell, president and CEO of Harley Davidson, said economic uncertainty among consumers may have led to additional sales as motorcycles tend to be less expensive than new cars.
  http://www.allstate.com/insurance-industry-news/general-insurance-news/builders-maximize-motorcycle-fuel-efficiency-800582344.aspx Wed, 24 Aug 2011 14:39:31 http://www.allstate.com/insurance-industry-news/general-insurance-news/the-growing-allure-of-the-golf-cart-800576824.aspx
The first electrically powered golf cart was built in 1932 for a man who was disabled and could not physically walk an 18-hole golf course. As World War II continued and the country entered a gas crisis, mechanics began developing technology that would conform to these new gas rations and possibly provide an alternate form of power for vehicles.

The developers were also making a more eco-friendly form of transportation. While this electronic technology was never completely perfected for commercial vehicles, one man had a vision for a different concept.

The pioneer 

Merle Williams, owner of the Markateer Company, had been building electric buggies for women to use while grocery shopping, but in 1951 he introduced the first mass-produced “golf car.”

The term golf cart actually refers to a pull cart, in today’s vernacular, where a person puts their clubs and bag on a dolly of sorts and pulls it behind them as they walk the course. A golf car is a self-propelled vehicle. The confusion between the terminologies eventually led to the term golf cart being used for both.

The first golf cars were run by electrically charged 36-volt batteries that were designed to power wing flaps on B-17 bombers. The vehicles typically had three wheels and a steering mechanism.

These mini vehicles not only allowed golfers to navigate the course more easily, they made it possible for entire communities to afford a form of electric transportation that could be used by the public and private sectors alike.

Golf Community Growth

While traditionally seen on golf courses, there are a growing number of "golf cart communities" sprouting up across the world. Originally, these tended to be retirement communities that embraced the smaller vehicles because they provided a convenient form of transportation for the elderly. However, the interest in strictly golf cart-driven neighborhoods has spread -- one high school in Florida even has a student golf cart parking lot.

The traditional white carts have evolved into a truly individualistic marketplace for those who can afford it. Carts built to look like a Model-T or a Corvette can be seen on courses across the country. They can come in any color the buyer wants, and can resemble almost anything.
  http://www.allstate.com/insurance-industry-news/general-insurance-news/the-growing-allure-of-the-golf-cart-800576824.aspx Tue, 16 Aug 2011 15:19:16 http://www.allstate.com/insurance-industry-news/general-insurance-news/homeowners-cope-with-becoming-landlords-800575746.aspx Many U.S residents have bought a second house as an investment property in recent years and expected to flip or sell the home relatively quickly. Unfortunately, the housing crash hit and Americans across the country saw their housing equity and potential future financial plans collapse.

As a result, many people were forced to become landlords. One of the main concerns these owners face is that their tenant will not respect the property or even worse, not pay the bills. Depending on the situation, it can be a nightmare trying to evict a tenant once they have moved in.

Try to sell again

Some experts recommend potential sellers give it one more "college try" in order to move their property. Lowering the price again and participating in a short sale may bring new buyers in to look at the home, according to Zillow.com. Also, making small improvements to the house like painting the walls and installing fresh carpet may cost money but could result in the property finally selling.

Bring in the professionals

Some experts feel hiring a professional property management company may be the best avenue to take when faced with an undesirable landlord situation. Taking this route may alleviate some of the stress an individual may face.

This will cost the owner 7 to 10 percent of the monthly rental income, but the company can also handles the advertising and showing of the property, according to Zillow. Credit checks, creating a legal lease for tenants to sign, advising on landlord insurance and dealing with the ins and outs of changing tenants and fixing potential problems can all be handled by the company.

For those homeowners who choose to manage the property themselves, it is important to make a clear budget of what the expenses will be and what amenities will be covered. This can allow the potential landlord the ability to determine exactly what they will charge and what will be included in that rent such as heat and hot water.

Current insurance

Depending on the property schematics, buying condo insurance or homeowners insurance is a key aspect to ensuring that the home will be covered. Many companies will not cover damage done by renters if they are not notified ahead of time. There may be required policy changes and rates may increase. However, experts believe the additional cost is worth it and that can be another factor figured into the rent. http://www.allstate.com/insurance-industry-news/general-insurance-news/homeowners-cope-with-becoming-landlords-800575746.aspx Mon, 15 Aug 2011 14:24:42 http://www.allstate.com/insurance-industry-news/general-insurance-news/getting-prepared-for-a-drivers-test-800571392.aspx While having the ability to drive is an important factor of life in most parts of the country, the California Department of Motor Vehicles would like residents to know that they want drivers to pass their test, according to its website.

There is a certain level of independence associated with being able to drive, but the DMV also wants to ensure the safety of individuals on roads and highways. Therefore, Americans must pass certain tests in order to be granted their driving privileges and begin paying for car insurance.

How the test will work

A DMV examiner will travel in the vehicle while the driving test is underway in order to ensure that the driver is sufficiently prepared and has a significant level of practice. The test typically takes 20 minutes to complete and will consist of basic maneuvers they will encounter while driving.

These measures will include taking left and right turns, making stops at controlled and uncontrolled intersections, straight line backing, lane changes, driving in regular street traffic and in some instances driving on the freeway, the website reports.

Tips for people to keep in mind

In order to pass these tests there are certain tips individuals should remember. Obeying and recognizing all speed limit signs and changes may be one of the most important factors to remember. Speeding is more than likely a point-losing offense. When taking any kind of driver's test it is better to take it slowly and get it done right. Most examiners will not penalize a driver for time.

When stopped at a light, stop sign or intersection it is important to brake easily and not come to a screeching halt. Abrupt stops at obvious locations may represent an inexperienced driver. It is also important to take turns slowly, as traveling at speeds that are difficult to maneuver may also show an individual who needs more practice. Crosswalks may present unforeseen hazards because pedestrians have the right of way.

As braking is important, so is the level of acceleration that a vehicle travels. Slamming on the gas may endanger the individuals traveling in the car in front of the test-taker, which also shows why it is important to follow cars at a safe distance.

The three-second method is a good rule of thumb which will help the driver avoid rear-ending the car in front of them in the event of an accident. To determine if the individual is following at a safe distance they should mark an object in the road and start counting once the vehicle in front passes by. If their car reaches the same object before the driver counts to three they are following too closely.

Whenever a driver makes a lane change or a turn it is imperative that they check their mirrors to learn where the rest of the traffic is. Adjusting these mirrors as soon as the driver enters the car is a good habit and something the examiner will take note of. A misaligned mirror may lead to an accident if a person changes lanes and does not realize they have a blind spot. Taking the driving test in a car the individual is familiar with can help reduce this risk, too.
  http://www.allstate.com/insurance-industry-news/general-insurance-news/getting-prepared-for-a-drivers-test-800571392.aspx Mon, 08 Aug 2011 20:01:53 http://www.allstate.com/insurance-industry-news/general-insurance-news/cars-2-reviews-are-fair-but-other-films-have-done-the-car-industry-well-800559609.aspx In late June, car enthusiasts of all ages were rewarded with the release of "Cars 2" as it motored its way into theaters nationwide.

"Cars 2" stars all of the original version's characters, including the story's protagonist, Lightning McQueen. In the sequel to the 2006 original, McQueen is up to a new round of tricks, as he and his good friend Mater the tow truck head overseas to compete in the World Grand Prix to determine which car can rightfully claim the title of fastest vehicle in the world.

"Cars 2" disappoints at the box office and in reviews

But based on the reviews and its performance in the box office, McQueen and his friends left much to be desired, as the movie database website IMDB reports "Cars 2" is on pace to become Pixar's worst movie for gross earnings domestically since 2008's "A Bug's Life." What's more, the movie review website Rotten Tomatoes gave the film a 35 percent on a scale of 100, saying its aesthetic appeal isn't enough to save its "rusty storytelling under the hood."

Perhaps with the poor performance of "Cars 2" in mind, the Chicago Tribune recently chronicled some of the movie industry's best films that centered on all things automotive, paying special attention to what types of vehicles were prominently featured.

"American Graffiti"

For instance, the Tribune says one of the industry's best was "American Graffiti," as classic American cars were featured, like the 1932 Deuce Coupe, the '55 Chevy, and the '58 Impala.

"The Italian Job"

Another movie that put a spotlight on a particular class of vehicles was "The Italian Job." While the film was originally made in 1963, the 2003 incarnation has a memorable scene in which some of the film's main characters ride down a stairwell while driving Mini Coopers. If viewers of the movie feel inspired to buy such a vehicle after watching, they may be pleased to know that the 2011 version is on U.S. News and World Report's list of 2011's most affordable small cars.

"Goldfinger"

Of course, no car movie list would be complete without a James Bond title, and the Chicago Tribune says one of the ultimate 007 films for new car enthusiasts is "Goldfinger," starring Pierce Brosnan as the debonair British spy. As the source states, vehicles are a key component of nearly every James Bond film, but 007's Aston Martin DB5 makes "Goldfinger" worthy of special distinction.

Other notable cars in films chronicled by the paper include the DeLorean in "Back to the Future," the '68 Ford Mustang in the Steve McQueen classic "Bullitt" and the '74 Dodge Monaco in "The Blues Brothers."
  http://www.allstate.com/insurance-industry-news/general-insurance-news/cars-2-reviews-are-fair-but-other-films-have-done-the-car-industry-well-800559609.aspx Mon, 25 Jul 2011 12:40:00 http://www.allstate.com/insurance-industry-news/general-insurance-news/harley-davidson-sees-sales-soar-in-the-second-quarter-800559605.aspx It appears more people were out buying motorcycle riding gear over the past few months, as one of the world's leading motorcycle manufacturers did something in the second quarter it hasn't done in nearly five years—posted a profit.

According to sales figures recently released by Harley-Davidson, domestic sales for the company increased almost 8 percent, the first time the company has seen an increase in quarterly sales since 2006.

Sales improve domestically and nationwide

While sales improved in the states for the motorcycle maker, they also improved worldwide, as the company reports a greater number of units were shipped overseas. Retail purchases also rose, increasing 5.6 compared to the same quarter in 2010.

"Harley-Davidson continues to make great progress as we transform our business and take our iconic brand to the many roads of the world," said Keith Wandell, president and CEO of Harley-Davidson.

As for actual earnings, the company says its second-quarter returns rose 37 percent year-over-year to $190 million. In 2010, earnings totaled $139 million.

Because sales have been so swift, the company has also increased its shipment forecast for 2011 by 7,000 units to 235,000.

Harley-Davidson CEO expresses cautious optimism

In an interview with The Associated Press, Wandell was pleased with how well the company has been doing lately but tempered his enthusiasm due to the economy being in rough shape.

"We still remain cautious about the overall economy and overall consumer confidence," said Wandell. "But we're pleased with the trends in our sales."

As the AP states, the improved sales figures for Harley Davidson contrasts significantly with what the company was experiencing just two years ago, as the company had to close several of its plants and trim payrolls.

Wandell attributes Harley Davidson's success to the company's sales strategy, saying the motorcycle maker is putting a greater emphasis on improving the customer's experience than they have in the past.

"Our employees, dealers and suppliers deserve tremendous credit for their dedication to making customers' dreams a reality by delivering remarkable products and extraordinary customer experiences," said Wandell.

Another factor that may be inspiring more motorcycle purchases is the increasing cost of fuel, as bikes tend to be more fuel efficient than automobiles. According to the fuel price tracking website GasBuddy, the national average for self-serve regular is $3.67 per gallon, up two cents from one month ago and nearly $1 more when compared to July 2010.
  http://www.allstate.com/insurance-industry-news/general-insurance-news/harley-davidson-sees-sales-soar-in-the-second-quarter-800559605.aspx Mon, 25 Jul 2011 12:35:14 http://www.allstate.com/insurance-industry-news/general-insurance-news/oscar-meyer-celebrates-75th-anniversary-of-wienermobile-800559486.aspx Created in 1936, the Wienermobile—a creation from which Oscar Meyer founder Carl Meyer used to sell hot dogs—has been travelling around the country. While the original car is no longer in use, six more modern Wienermobiles still tour the nation.

Recently, the company celebrated the 75th anniversary of the Wienermobile, and CNN reports many enthusiasts of the hotdog-shaped bus are commemorating the ride's birthday.

College students recruited to drive cars

According to CNN, between 1,200 and 1,500 college students apply each year for 12 positions to be a "pilot" of one of Oscar Meyer's six Wienermobiles.

Ed Roland, who directs marketing efforts for the Wienermobile for Oscar Mayer, told the source many applicants grew up idolizing the Wienermobile and want to take part in its culture.

"In the late '80s and early '90s, when the hotdoggers first hit the road and reintroduced the Wienermobile, it made that leap from, 'This is something I got when I was a kid,' to 'This is quite the icon. I want a picture with it,'" said Roland.

Two of the pilots for one of the Wienermobiles, Lauren Oliver and Reese Brammel, had to train for 40 hours before taking the bus throughout the U.S. on its tour. Brammel stated while the vehicle is odd-shaped and seemed difficult to maneuver at first, the bus actually "turns on a dime."

Wienermobile featured in various events

Brammel, Oliver and the other 10 Wienermobile navigators have been busy celebrating the 75th anniversary of the car throughout the country.

For instance, Brammel and Oliver, who typically drive in the Southeast with their Wienermobile, filled in for the Midwestern hotdoggers to do more marketing events for the vehicle.

Recently, the two have run into inclement weather, CNN reports, including flooding in the Dakotas and tornadoes in Tennessee. However, Brammel said he and his partner are always upbeat and never too worried about car safety, regardless of the weather.

"It doesn't matter how much it rains, sleets or snows out here," Brammel told the source. "The skies in the Wienermobile are always blue." http://www.allstate.com/insurance-industry-news/general-insurance-news/oscar-meyer-celebrates-75th-anniversary-of-wienermobile-800559486.aspx Mon, 25 Jul 2011 10:40:10 http://www.allstate.com/insurance-industry-news/general-insurance-news/americans-not-done-with-suvs-after-all-800548639.aspx While gas prices are higher than ever and the national trend seems to be shifting towards more economic vehicles, carmakers GM, Ford and Chrysler saw a 28 percent improvement in sport-utility sales over last year. The overall light-vehicle market rose only 7 percent during that same timeframe, according to Cars.com.

Japanese SUVs dropped 1 percent in sales, but that figure is most likely related to the earthquake and tsunami in March. The number of drivers buying a new car also rose by 18 percent for Korean SUVs from Kia and Hyundai, the news source reports.

Ford takes top sales honors

The best selling SUV last month was the Ford Escape. This is the company's smallest utility vehicle and sales rose 43 percent. The Ford Edge and Explorer also saw sales increase, while the Expedition and Flex posted losses. The company's overall SUV sales were up 27 percent.

Ford's passenger car sales jumped 29 percent. The Fiesta and the Focus are on Kelly Blue Book's list of "Cool cars under $18,000," which some experts think may be having an effect on consumer opinions and purchases.

Chrysler not far behind

In addition to Ford, the Fiat-run Chrysler Group posted record sales this year, according to the media outlet. Sales of the company's Jeep Wrangler increased by 27 percent in June, as it moved 11,290 units in June. This was the country's fourth best-selling SUV. In fact, the entire Jeep lineup saw sales increase over last year, in addition to two Dodge SUVs.

Unfortunately for GM, several of its larger SUVs such as the Buick Enclave and the Chevrolet Suburban, Tahoe and Traverse all had a decline in sales over last year, Cars.com reports. The Chevy Equinox did have a 56 percent jump and the GMC Terrain had a 52 percent increase in sales, showing greater interest in smaller models.

The good news for the company was overall sales increased 10 percent over last year and are almost 17 percent higher than last year for the first six months of 2011, according to Consumer Reports. The Chevrolet Cruze sold more than 24,000 units and the Equinox had a 50 percent gain. The Cruze and Malibu were the highest selling passenger models for June, beating out the Toyota Camry and Honda Accord.

Honda still recovering

Honda car sales are down close to 2 percent in 2011, and the company saw a 24 percent decrease over last year in June. Supply issues from the country's natural disasters hurt production and for all models from last year, but the Honda Fit did have a sales increase of 20 percent, the news outlet reports.

Hyundai and Nissan have both seen sales increase over last year, while Subaru and Toyota sales have dropped. Toyota seems to be the hardest hit by the Japanese earthquake, with a 24 percent decline over last year. The company is expected to resume full production by September, according to Consumer Reports. http://www.allstate.com/insurance-industry-news/general-insurance-news/americans-not-done-with-suvs-after-all-800548639.aspx Mon, 11 Jul 2011 08:38:53 http://www.allstate.com/insurance-industry-news/general-insurance-news/tire-shortage-a-concern-for-auto-manufacturers-800544535.aspx Car manufacturers are having a difficult time finding affordable tires the past few years, according to Automotive News, as a lack of production, a high volume of plants closing and a rise in demand for specialty tires has led to a jump in prices automakers have to pay tire producers.

Effects more long-term than short-term

According to the source, many auto manufacturers haven't begun producing fewer vehicles due to the tire shortage and increase in costs. However, numerous carmakers are working to secure an oversupply of tires, as the future of the production industry is uncertain.

Dan Knott, senior vice president of purchasing and supplier quality for Chrysler Group, told Automotive News his company is coming up short for premium tires for some of its automobiles for sale, and he doesn't expect a quick solution to the shortage anytime soon.

"The tire shortage will not clear up over the next year. It's going to take awhile," he said.

Tire industry looking for answer

While the shortage has had a considerable effect on the auto industry, tire producers are also feeling pressure to come up with answers.

"We have been bombarded from every side for additional tires, and we can't keep up," David O'Donnell, vice president of original equipment in the Americas for Continental Tire, told the source. "We are at maximum capacity, and all shifts are maxed out."

Producing various tire sizes also appears to be an issue for tire plants, Bruce Harrison, IHS Automotive's director of North American consulting, told Automotive News. He stated making several tire sizes and low-volume specialty lines limits a plant's production capacity.

Plant closings occurring nationwide

In June, John Baratta, president of replacement tire sales for the U.S. and Canada for Bridgestone Americas Tire Operations, told the publication Tire Operations' roughly 71 million units were eliminated from American production capacity in the past few years due to tire plant closings.

New plants have opened in recent years in China, which provided the U.S. with low-priced tires and took revenues from American-based plants, the source states. However, President Barack Obama placed a three-year tariff on imported Chinese tires in 2009 to get more auto manufacturers to buy from U.S.-based producers. http://www.allstate.com/insurance-industry-news/general-insurance-news/tire-shortage-a-concern-for-auto-manufacturers-800544535.aspx Tue, 05 Jul 2011 08:09:00 http://www.allstate.com/insurance-industry-news/general-insurance-news/subaru-of-indiana-leading-the-way-in-changing-to-green-standards-800536083.aspx Environmentally conscious drivers may want to buy a new car made at the Subaru of Indiana Automotive plant. While financial distress stemming from the recession has led to numerous car plant closings and layoffs during the past two decades, the Subaru of Indiana Automotive plant has remained open—and has flourished, according to Bloomberg Businessweek.

Going green saves green

This solid economic period for the SIA plant can be directly attributed to the company's goal of reducing waste and becoming greener, the source states. The plant's operators set a goal in 2002 to become the country's first zero-landfill manufacturing factory.

Bloomberg says 98 percent of waste is recycled or composted—including plastic, glass, paper and metals, with the remaining 2 percent of garbage incinerated at a nearby facility that changes waste into fuel.

"This is not about recycling, or a nice marketing to-do," Dean Schroeder, a management professor at Valparaiso University who has researched the SIA plant's environmental focus, told the news source. "This is a strict dollars-and-cents, moneymaking-and-savings calculation that also drives better safety and quality."

Tom Easterday, SIA's executive vice president, told the source the benefits of going green became evident shortly after their efforts began. Easterday estimates $5.3 million was saved in 2010 by reducing, recycling, incinerating and composting waste, and the zero-landfill component greatly limits the risk of injury for plant workers.

Happy workers vital to success

One aspect to maintaining prosperity in the past few years, Easterday told Bloomberg, was keeping the plant's workforce happy and paid well. Each worker at the plant has seen a pay increase every year since the plant has been opened, and bonuses are often handed out to long-time employees.

Kristin Dziczek of the Center for Automotive Research in Ann Arbor, Michigan, where she studies labor issues, told the news source it's more than just salary that's making SIA's factory workers work efficiently for the company.

"You get worker commitment to productivity by offering job security," she stated. "But the best job security is still a product people will buy." http://www.allstate.com/insurance-industry-news/general-insurance-news/subaru-of-indiana-leading-the-way-in-changing-to-green-standards-800536083.aspx Wed, 22 Jun 2011 11:38:57 http://www.allstate.com/insurance-industry-news/general-insurance-news/car-lovers-have-many-reading-options-this-summer-800531802.aspx There are a plethora of automotive-related page turners to choose from as the weather heats up, according to The New York Times.

Motorcycle historians

For the classic motorcycle enthusiast, Ace Times, Speed Thrills and Tea Spills, a Cafe and a Culture, provides insight into the heart of the "cafe racer". These motorcycles and their riders, which were incredibly popular in Britain in the 50s and 60s, had a central meeting place- the Ace Cafe in London, the Times reports.

This book, which includes black and white photographs, provides historical insight into the often young cyclists and their rock 'n' roll tendencies. Author Mick Duckworth, a British motor journalist, peers into the lives of the "ton-up" boys who were known to reach speeds of 100 miles per hour on their journeys, the media outlet reports.

Duckworth interviewed dozens of former riders and explored their stark contrast to the relatively bland English background in which they coexisted.

The future of the eco-friendly car

For readers more interested in the growing world of eco-friendly electric cars and lithium batteries, Seth Fletcher's, Bottled Lighting, taps into the possible effect these automotive advancements may have on society, according to the media outlet.

As a senior editor at Popular Science Magazine, Fletcher believes the electric car is poised to help clean-up the environment and reduce America's addiction on foreign-oil. Fletcher contends lithium batteries may finally be evolved enough to move out of the cell phone world and into the average automobile.

Ferrari firsts

For the Italian car-lover of the group, Ferrari Design, by Glen Smale, is said to offer vivid photographs, according to the Times. The author introduces the history of the company through Enzo Ferrari's early years as a racecar driver, but chooses not to delve into the company's inner-wrangling during the creative process for some of its models.

Some critics feel Smale failed to provide insightful or original commentary, instead choosing only to praise the models which have been beloved by collectors for years. This easy read may be a good option for readers interested in learning the basics about one of the most famous carmakers of the 20th century. http://www.allstate.com/insurance-industry-news/general-insurance-news/car-lovers-have-many-reading-options-this-summer-800531802.aspx Thu, 16 Jun 2011 10:26:45 http://www.allstate.com/insurance-industry-news/general-insurance-news/proposed-mileage-tax-causes-debate-800531779.aspx As the U.S. government contemplates different solutions to combat the growing $14 trillion deficit, one option may be to tax drivers on every mile they drive, according to AOL Autos. A legislative proposal that includes this provision was floated to members of Congress in early May as a possible alternative to the proposed Medicare cuts.

Not so fast

The White House quickly put the brakes on suggestions the proposal was fully supported by the President. The Obama camp has said this tentative proposal is merely an early draft, and has not been seen by the entire administration.

"This is not an administration proposal," White House spokeswoman Jennifer Psaki told The Hill. "This is not a bill supported by the administration. This was an early working draft proposal that was never formally circulated within the administration, does not take into account the advice of the president's senior advisers, economic team or Cabinet officials, and does not represent the views of the president."

A regurgitated idea

This is not the first time this idea has been presented to Congress. Transportation Secretary Ray LaHood proposed a similar measure in 2009, as a means of financing roadway construction and repairs, AOL reports.

Some experts believe this proposal is not merely a way to reduce the budget deficit, but it is to off-set the increasing number of electric and hybrid vehicles traveling America's roads, according to the media outlet.

Where will the funding for roads come from?

Gas taxes are used to fund road repairs and, in some states, education. With the growth of more eco-friendly and fuel efficient vehicles on the market, this funding is shrinking. All-electric car owners do not pay any gas taxes. Plus, the amount of money a customer spends in taxes on a vehicle that gets 40 miles per gallon, versus a driver with a much less efficient car, is vastly disproportionate.

Should eco-friendly drivers pay too?

Some states are considering implementing a $100 flat-tax for Americans who choose to purchase all-electric vehicles, AOL reports. This has become a hot-button issue in Oregon where parties on both sides of the issue feel they have a valid argument.

"Everyone else is paying, so why should they get a free ride?" Senator Bruce Starr told the news source.

Losing incentive to be environmentally friendly

In Singapore the per-mile taxation policy is already being used, and it is tracked by a device similar to an E-ZPass. However, some environmentalists believe this form of taxation does not offer any benefit to drivers who choose to use more fuel-efficient vehicles.  http://www.allstate.com/insurance-industry-news/general-insurance-news/proposed-mileage-tax-causes-debate-800531779.aspx Thu, 16 Jun 2011 09:59:48 http://www.allstate.com/insurance-industry-news/general-insurance-news/maine-becomes-33rd-state-to-prohibit-texting-while-driving-800529159.aspx Accidents that occur because a driver was texting while behind the wheel can not only cause their auto insurance rates to rise, but also seriously hurt or even kill another motorist or pedestrian.

With two-thirds of all U.S. states already ban texting while operating a motor vehicle, reports say Maine has become the 33rd state to join the effort to reduce accidents on the road and limit injuries and fatalities.

According to sources, Maine Governor Paul LePage signed the proposed legislation into law on June 5. Violators of the new regulation will be fined at least $100 when the law goes into effect beginning in September, 90 days after the current legislative period ends.

"While many motorists are able to multi-task as they drive, the safest driving is done when drivers direct full attention to the road and their surroundings," LePage said after signing the bill. "The intent of this bill is to improve safety for everyone using Maine roads."

Officials commend the approval of the law

U.S. Transportation Secretary Ray LaHood is one of many proponents of states banning texting while driving. The federal official said the enactment of the law should keep the roads considerably safer.

"Distracted driving kills thousands of people every year on our roads and injures hundreds of thousands more," he stated. "By signing this tough texting ban into law today, Governor LePage has taken a crucial step to improve safety and save lives on Maine roads."

USA Today states LaHood began the movement to end texting while driving in 2009 by starting a campaign to end distracted driving.

Maine Senator Bill Diamond also praised LePage for taking a stance against texting while behind the wheel. Stephen McCausland, spokesman for the state Public Safety Department, told the Associated Press that police officers in the state will now pay more attention to drivers to see if they are holding cellphones while driving.

Other states working to end cellphone-related auto accidents

While 17 states have still not passed any legislation in relation to texting while driving, Washington, D.C. and Guam have done so, according to the paper. Additionally, eight states, including the nation's capital and the U.S. Virgin Islands, have banned the use of all hand-held phones while driving.

According to reports, Nevada lawmakers are currently working to make their state the 34th to ban texting while operating a motor vehicle. The Insurance Journal states the Nevada Occupational Health & Safety Section of the Division of Industrial Relations is urging state legislators to make texting while driving illegal, stating texting and general cellphone use has caused more than 200 accidents in the state since 2010. http://www.allstate.com/insurance-industry-news/general-insurance-news/maine-becomes-33rd-state-to-prohibit-texting-while-driving-800529159.aspx Mon, 13 Jun 2011 14:22:42 http://www.allstate.com/insurance-industry-news/general-insurance-news/warranty-scams-to-avoid-800525511.aspx Many enjoy peace of mind knowing their vehicle is under warranty, but this safety net has opened the door for companies to take advantage of owners, Edmunds.com warns. The market for third-party extended-warranty scams has grown immensely over the years and could cost drivers thousands of dollars.

How to identify a scam

Sales-pitches for these policies may come through the mail, over the phone, or on a late-night infomercial, the site reports. Not every company is bogus or trying to rip people off, but studies have found some are.

Experts say typical complaints against these companies are that the policy cannot be canceled for a refund, or that once the purchaser tries to use it, the exclusions involved in the policy render it practically worthless. Even if a company addresses one claim, that does not mean they will do the same for all.

"The fact that a company responds to a complaint does not mean that they have changed their business model," Chris Thetford, director of communications for the St. Louis Better Business Bureau, told the news source.

What are the differences?

It is important consumers realize a third-party car warranty is different from a manufacturer extended warranty. A manufacturer's warranty uses original parts, and repairs are done at a dealership, Edmunds.com reports. Third-party companies have no association with the actual car manufacturer. Experts believe the manufacturer warranty is worth the extra money when buying a new car.

These companies are often overnight start-ups and can disappear just as quickly, Edmunds.com warns. If they go bankrupt, or simply shut down, customers can be left with a worthless policy.

How to protect yourself

In order to prevent getting scammed, it is important consumers do their homework. Before paying for any third-party policy drivers should research the company online and check with their state's correlating Better Business Bureau to see if complaints have been filed. They can also see what type of rating the company has, the site urges.

"Eighty-five percent of the grade we give a business is based on consumer experience," said the BBB's Thetford.

If a person receives a phone call warning them their warranty is about to lapse, experts warn not to blindly accept it as fact. Drivers should check their warranty policy themselves or call the dealership if they cannot find it.

Also, car owners should not give out any personal information to an unknown company, including the car's VIN number, which could lead to identity theft. They should ask to see a copy of the contract and take some time with it. Bogus companies are typically looking for a same-day sale and will be averse to giving the customer time to figure out what they are actually buying.

What to do if a scam occurs

If a person falls victim to one of these scams they should try and resolve their issue with the company, the site says. If that proves futile, the policyholder should contact the BBB or Federal Trade Commission to file a complaint.
  http://www.allstate.com/insurance-industry-news/general-insurance-news/warranty-scams-to-avoid-800525511.aspx Wed, 08 Jun 2011 08:05:27 http://www.allstate.com/insurance-industry-news/general-insurance-news/donating-charity-cars-may-not-be-as-cost-efficient-as-in-years-past-800525060.aspx The Internal Revenue Service used to allow taxpayers donating cars to charity the ability to deduct the "fair market value" of the vehicle from their taxes, according to Edmunds.com. As a result, more than a million people took benefit in this tax break and donated their cars every year.

The problem was some started taking advantage of the program, deducting more than they should, the site reports. Instead of the "fair market value," many were deducting the "suggested retail price" even if the car had a breakdown.

This cost the government millions in tax revenue, according to Edmunds.com. The retail price is the amount a dealer would get for reselling a trade-in, while fair market is an opinion of the vehicle's worth based on the appraiser's training, experience and current market trends.

Updated IRS regulations

After realizing the damaging effects this process was having, the IRS changed the rules in 2005. If a donor claims their vehicle was worth more than $500, they can deduct either the gross proceeds for the sale of the vehicle by the organization or the fair market value on the date of the contribution, according to the IRS.

Donors do not get to choose which option they use, they must take the lesser of the two. A copy of the charity's sale statement must also be attached to the tax return in order to receive the deduction, the IRS reports.

Some charities see sharp decline

Some charities claim this has drastically hurt their donation system, by as much as 35 percent in donations and 50 percent in profits, according to Edmunds.com. The limit, and reduced deduction ability, seems to have deterred those with higher value cars from donating, many of whom are now selling the vehicle on their own.

Although the laws have been changed, not all charities are suffering, Edmunds.com reports. A non-profit that refurbishes cars and donates them to the needy has seen their inventory skyrocket over the past few years.

"We've been going gangbusters," Brian Menzies, CEO of 1-800-Charity-Cars, told the news outlet. "We've given away cars for free to people in almost every state in the union, including Alaska and Hawaii."

Experts warn possible donors they cannot take advantage of the possible tax exemptions unless they itemize their taxes, Edmunds.com reports.
  http://www.allstate.com/insurance-industry-news/general-insurance-news/donating-charity-cars-may-not-be-as-cost-efficient-as-in-years-past-800525060.aspx Tue, 07 Jun 2011 16:02:58 http://www.allstate.com/insurance-industry-news/general-insurance-news/some-new-car-technologies-have-been-around-for-years-800521004.aspx It may seem that every year car companies are adding new features to their vehicles in order to remain competitive in the market. However, researchers have discovered that many of these fads are not new at all, according to Edmunds.com.

The electric revolution

As the popularity of the hybrid and the newly released all-electric vehicle continues to grow, people may find it surprising to learn that the electric motor has been around since the 1800s. according to the news source. The original electric motor is believed to have been invented in 1839 by Robert Anderson.

While the concept may have existed for over 150 years, battery technology has only recently improved enough to make its use practical. The original electric battery could only last approximately 30 miles at a maximum speed of 12 miles per hour before it needed recharging. Its new eco-friendly counterpart, the lithium-ion polymer battery, can power a vehicle for 200 miles without needing to stop for a recharge, the site reports.

The Jetsons may become a reality

Movies and cartoons have long touted the idea of having a car that can fly and drive, and that vehicle may actually be a reality sooner than many people expect. Alumni at the Massachusetts Institute of Technology ran flight tests of a car-plane a few years ago and are planning to offer their vehicle to consumers in the near future, according to the Boston Herald.

Developers of the Terrafugia Transition are planning to begin production of the vehicle later this year. They are expected to cost around $350,000, according to the paper. Drivers must have a sports pilot license to operate this Jetsons-esque machine that already has the approval of the Federal Aviation Administration.

New inventions that are actually new

While many great ideas have been around for years, and are only now being perfected, there are also some newly developed ideas that may make driving much more enjoyable, Popular Mechanics reports.

As one of those ideas, Volkswagen is currently in the process of developing an electric sun visor. Many drivers find that the visor in their car is just not adequate in keeping the sun out of their eyes all the time. This visor would actually be an electronic anti-glare system that is embedded within the glass and is controlled by a computer, according to the news source.   http://www.allstate.com/insurance-industry-news/general-insurance-news/some-new-car-technologies-have-been-around-for-years-800521004.aspx Wed, 01 Jun 2011 15:31:56 http://www.allstate.com/insurance-industry-news/general-insurance-news/best-time-in-years-to-sell-a-used-car-800520971.aspx The dwindling inventory of used cars on the market is making this an excellent time to sell, according to the Associated Press. People are waiting to upgrade their vehicles, keeping them up to a year longer than normal, which is limiting the supply of available cars on the market, the news source reports.

What are people paying?

Dealers are spending 30 percent more on used cars than they were three years ago, paying an average $11,660 per vehicle, according to the AP. Prices have risen so high that people may be considering spending a little bit more money to buy a new vehicle, the source reports.

"There's a tipping point. I think we are getting very close to seeing that," David Whiston, an auto analyst for Morningstar, told the news source.

What caused this increase

Experts believe the spike in used car prices is a direct result of the country's struggling economy. People may have less money than in years past, and therefore may be more likely to hold on to a car that is paid-off or has a minimal payment, according to the source. In 2007, the age of the average car on the road was 9.8 years, it is now up to 10.6 years.

The drop in leased cars also affects the used car market. Companies did not provide as many leasing options during the financial crisis, limiting the amount of these vehicles that would eventually be sold in used car markets, according to Bankrate.com. GMAC and Ford Motor Credit both said they would be less involved in promoting subsidized leases.

How Japan played a role

The Japanese earthquake in March not only hurt production in manufacturers based in that country, it is directly affecting the used car market. The number of affordable vehicles, such as the Toyota Prius and Honda Fit, are much lower than originally projected because of the disruption in service, according to MSNMoney. With these vehicles tougher to come by, people may be less likely to trade-in for a newer model, opting to hold on to what they already have.

Prices should level off

Experts believe the used car market will begin to level off in upcoming months, and may even drop in 2012, the source reports. The number of leases sold grew by 11 percent from 2009 and banks are beginning to loosen credit standards.   http://www.allstate.com/insurance-industry-news/general-insurance-news/best-time-in-years-to-sell-a-used-car-800520971.aspx Wed, 01 Jun 2011 15:24:30 http://www.allstate.com/insurance-industry-news/general-insurance-news/carmakers-are-working-hard-to-improve-their-fleets-800518782.aspx Buying a new car can be a complicated and time consuming process, but MSNBC has selected 10 models as the most improved in 2011. Some of these cars may be expected to be here, but there may also be a few surprises, according to the news source.

Buick

Kicking off the list is the Buick Regal. The completely redesigned racy new model looks nothing like its geriatric counterpart. When the Saturn brand was shut down after GMs financial collapse, the new prototype for the company was turned into this new Regal, according to the media outlet.

Dodge

For SUV lovers, after a three-year hiatus the Dodge Durango has reemerged on the market this year, the site reports. The old model had poor handling and even worse gas mileage. After several years of research and retooling, the new model is built on the same chassis the Mercedes-Benz M and R-Class models use.

Not to be outdone by the Durango, the Dodge Journey underwent massive reconstruction. The old model had unpleasing cabin materials and a gas-guzzling V6 engine. The new 3.6-liter V6 is much more user friendly, MSNBC reports.

Ford

Ford also stepped up the production of some of its most popular vehicles, the Explorer and the Focus. This automobile was one of the highest selling vehicles on the market before the SUV sales bubble popped. The new model is built on a car platform, as opposed to a truck, making it lower to the ground, according to the Associated Press. The SUV will have a lower towing capacity and will not be available in a V8 engine, which experts worry may turn off traditional Explorer owners.
Ford has also put a number of upgrades into its Focus. The new design features many higher-end options usually only seen in upper-echelon price ranges.

Jeep

After the company's recent split from Daimler-Chrysler, the Jeep Grand Cherokee is planning to take the market by storm. Since the separation, the company has gone back to investing in quality where it counts, according to the news site. The cabin will once again feature premium materials and will come with either a 3.6-liter V6 engine or a powerful Hemi V8. http://www.allstate.com/insurance-industry-news/general-insurance-news/carmakers-are-working-hard-to-improve-their-fleets-800518782.aspx Tue, 31 May 2011 08:18:02 http://www.allstate.com/insurance-industry-news/general-insurance-news/google-pushing-for-legalization-of-self-driving-cars-in-nevada-800516858.aspx People looking to make a new car purchase in Nevada may soon get the chance to sit behind the wheel of a car which can drive itself. According to reports, Google is lobbying lawmakers in the state to legalize the use of self-driving vehicles on the road, in turn becoming the first state to do so.

Google regularly testing self-automated vehicles

Reports say the online conglomerate has performed extensive tests and experiments with their self-driving automobiles. According to the New York Times, self-automated cars created by Google have already driven across more than 140,000 miles of road in California.

Though the company intends to roll out their line of robotic cars in the near future, pending the approval of the presented legislation, Jay Nancarrow, a company spokesman, told the paper the project requires more testing before Google puts the cars on sale to the public.

Vehicles potentially have multiple uses

Ryan Calo, legal scholar at Stanford Law School's Center for Internet and Society, told the Times one positive of self-driving vehicles is the potential for self-automated commercial deliveries and taxi services.

"In some respects this is a great template and a great model," he told the newspaper. "It recognizes a need to create a process to test these vehicles and set aside an area of Nevada where testing can take place."

Researcher for project lauds Google for furthering technology

Having worked on the program for half a decade now, Dr. Sebastian Thrun, a professor at Stanford, said this program should revolutionize driving, as the self-automated cars would be more energy-efficient than any other car for sale, as well as reduce injuries and deaths on the road.

Thrun told Fortune Magazine Google founders Larry Page and Sergey Brin should be applauded for their efforts with the testing, stating it could change the landscape of the auto industry for the better.

"Larry and Sergey founded Google because they wanted to help solve really big problems using technology. And one of the big problems we're working on today is car safety and efficiency," Thrun told the source. "Our goal is to help prevent traffic accidents, free up people's time and reduce carbon emissions by fundamentally changing car use." http://www.allstate.com/insurance-industry-news/general-insurance-news/google-pushing-for-legalization-of-self-driving-cars-in-nevada-800516858.aspx Thu, 26 May 2011 15:22:37 http://www.allstate.com/insurance-industry-news/general-insurance-news/goodguys-car-show-displays-variety-of-customized-hot-rods-800482782.aspx Although many people may associate "hot rods" with images of 1950s drag racing scenes, there are still plenty of car aficionados around who idolize those models. According to the Detroit News, the annual Goodguys Rod & Custom Association auto show may exhibit the best grassroots collection of hot rod and custom-built vehicles in the nation.

Hot rod lovers keep coming back

The organization opened its 2011 season last month in Scottsdale, Arizona, reported the newspaper, which said the second annual Spring Nationals event attracted more than 2,000 cars and their owners, parts vendors, and a variety of spectators. Auto show participants are usually car-savvy individuals who own multiple vehicles and have been attending Goodguys events for years, according to the paper.

Washington native Greg Selvidge told the paper he has been displaying his custom-built vehicles at Goodguys events since the first event was held in 1983. At the recent show, Selvidge was displaying a 1964 Citroen that he rebuilt over a NASCAR racing chassis and powered with a 610-horsepower LS7 Corvette V8 engine. Although the car initially seems simple and alluring from the outside, Selvidge - who has a history of customizing older vehicles, some of which have been sold to celebrities such as Eddie Murphy and Tim Allen - said the Citroen has probably been his most unusual and complicated project to date.

"I've been in this business a long time, and everything I do is different," Selvidge told the source.
Even severe injuries haven't been able to keep some hot rod lovers from their passion. Jack Nelson, a Farmington, New Mexico, resident who was displaying his 1970 Ford Mustang, told the paper he was hit by a car 35 years ago, an event that left him without legs. Despite the accident, Nelson continued to indulge his love for cars and said he owns "17 or 18" vehicles at this point, which are equipped with hand controls. Nelson is loyal to his brand - he said all of his vehicles are Fords, except for the 1971 Plymouth Scamp he recently obtained in a trade.

Besides the Goodguys show, automobile fans can also check out a collection of classic and custom vehicles at other events like the Grand National Roadster Show, and the Autorama, a custom car show that travels around the nation.

Insuring a custom car

While owning a custom vehicle can be an exciting novelty for automobile collectors, Insure.com reports that car insurance  rates for custom and classic vehicles may require a specialized policy. Moreover, some classic car insurance plans require the policyholder to limit their mileage or keep their vehicles in storage when they're not being displayed.
  http://www.allstate.com/insurance-industry-news/general-insurance-news/goodguys-car-show-displays-variety-of-customized-hot-rods-800482782.aspx Tue, 12 Apr 2011 08:58:04 http://www.allstate.com/insurance-industry-news/general-insurance-news/wildfires-victimize-texas-homeowners-800476415.aspx As more than five dozen Texas homeowners sift through the remains of what's left of their residences after February's wildfires, nearly two dozen of them are doing so without home insurance.

According to the Amarillo Globe-News, the destruction of the wildfires is estimated to have caused $13 million in home damages.

"We are working on drawings of [our home], then we'll take it to the bank to see if we can get a loan on it," Palisades, Texas, homeowner Curtis Brown told the paper. Brown's home was uninsured. "Everybody we see has offered to help."

Jerry Johns, president of the Austin-based Southwestern Insurance Information Service, tells the paper the adverse weather conditions sometimes cause higher insurance premiums. According to Kevin Starbuck, the emergency management coordinator for the city of Amarillo, some local residents are "uninsured or underinsured because of the cost of homeowners insurance."

Fortunately, the Panhandle chapter of the Red Cross tells the paper it can assist eligible homeowners on an as-needed basis.

Residents who don’t feel they can afford their home insurance policy should speak to their local agent, experts say, who may be able to help them find an affordable level of coverage. http://www.allstate.com/insurance-industry-news/general-insurance-news/wildfires-victimize-texas-homeowners-800476415.aspx Fri, 01 Apr 2011 14:05:59 http://www.allstate.com/insurance-industry-news/general-insurance-news/electric-car-documentary-will-premiere-on-earth-day-800465050.aspx A new film touting the benefits of electric vehicles is set to premiere at the Tribeca Film Festival on Earth Day, reported the Wall Street Journal.

The film, titled "Revenge of the Electric Car" is a documentary that follows the recent production of electric cars almost a decade after many thought they would become obsolete due to cheap gas prices and a lack of consumer interest. The film is directed by Chris Paine, who also directed the 2006 movie "Who Killed the Electric Car?" that explored the creation and limited commercialization of those vehicles.

The planned Tribeca premiere, according to the newspaper, reflects the higher profile electric cars have received in the five years since Paine's last documentary was released. In the new movie, film crews spent three years behind the scenes at various car-making facilities, ranging from General Motors to independent mechanics who convert conventional cars to electric power.

"For us to be playing at Tribeca in New York on Earth Day is a great sign that the electric car revolution is more than just a great story, it's our future with less imported oil," Paine told the Wall Street Journal.

The film, according to the paper, features auto industry heavyweights such as Bob Lutz, the former vice chairman of GM, Carlos Ghosn, the CEO of Nissan and Elon Musk, who is the head of electric sports-car maker Tesla Motors.

More green cars on the way

As gas prices rise all over the globe, more people have begun to explore alternative fuel options. For instance, at the recent Geneva Auto Show in Switzerland, a handful of luxury automakers revealed their new energy efficient options for motorists interested in green energy. Premium brands such as Rolls Royce, BMW and Porsche introduced new gasoline-electric hybrid models. According to the Economist, at September's Frankfurt Auto Show, automaker Daimler will showcase new versions of its Mercedes A-class and B-class models that can be powered by an electric battery, a hybrid configuration or a fuel cell hybrid.

Some U.S. states have made it a priority to reduce pollution and gas consumption by making it easier for residents to maintain an electric car. In California, the Bay Area Air Quality Management District recently set aside $3.9 million toward the construction of 30 fast charging stations situated around the region. The funding will also be used to cover the installation of 2,750 home chargers in the area.   http://www.allstate.com/insurance-industry-news/general-insurance-news/electric-car-documentary-will-premiere-on-earth-day-800465050.aspx Thu, 17 Mar 2011 09:34:35 http://www.allstate.com/insurance-industry-news/general-insurance-news/home-insurance-owners-should-review-their-policies-as-a-rainy-spring-approaches-800457555.aspx With spring approaching, Ohio property owners should review their home insurance policies to see what their plans will cover in the event of a flood, reported WEWS News.

After many homes in Broadview Heights experienced flooding and sewage back-ups due to heavy rain and melting snow, the news station said many homeowners were surprised to discover that the resulting damages were not covered by their home insurer. Katherine and Robert McTrusty told the station they recently awoke to find their basement flooded with two feet of water, a matter made even worse when their insurance agent informed them their policy would not cover sewage back-up, a common result of flooding.

"I just sat there and cried," Katherine McTrusty said. "We just fixed up the basement as a man-cave for the kids, now we're dealing with thousands in damage."

Homeowners should review their insurance policies at least once a year to fully understand the terms listed, reported the source. Sewage back-up and flood coverage usually require a separate policy, although they are inexpensive compared with the potential costs that may result from a flood.

The average flood claim comes to more than $33,000, according to the National Flood Insurance Program, an overwhelming amount for many homeowners hit with sudden damages.
  http://www.allstate.com/insurance-industry-news/general-insurance-news/home-insurance-owners-should-review-their-policies-as-a-rainy-spring-approaches-800457555.aspx Fri, 11 Mar 2011 11:06:52 http://www.allstate.com/insurance-industry-news/general-insurance-news/woman-arrested-for-arson-800457527.aspx In Louisiana, the most recent face representing home insurance fraud belongs to a 68-year-old woman.

According to officials from the Glenmora Fire Department, rescue crews responded to a January 13 home fire in Glenmora, Louisiana, causing nearly $300,000 in damages. But two months after the fire broke out, the Louisiana State Fire Marshal's Office said the fire was intentionally set. Further, evidence suggests the blaze was started with the intent of cashing in on the insurance policy the home carried.

Officials say Elsie Mae Clark, 68, was arrested and charged with arson with the intent to defraud. She is being held on $75,000 bond. Her grandson, Brandon Parish, 19, was also arrested and charged with principle to arson with the intent to defraud.

"When people try to steal from insurance companies we all pay," said Fire Marshall Butch Browning. "Using arson as a tool to take what is not yours will not be tolerated."

While home insurance fraud does tend to drive up the costs of premiums, Insurance Commissioner Jim Donelon tells the New Orleans Times-Picayune more insurers have come to the state, driving down costs and enabling residents to shop around.  http://www.allstate.com/insurance-industry-news/general-insurance-news/woman-arrested-for-arson-800457527.aspx Fri, 11 Mar 2011 11:02:17 http://www.allstate.com/insurance-industry-news/general-insurance-news/first-time-homebuyers-may-be-sacrificing-a-good-deal-for-convenience-800453150.aspx A Coldwell Banker survey released last month revealed a whopping 87 percent of first-time homebuyers want their homes "move-in ready" when they buy. Now, real estate observers are fearful these same people are sacrificing a great deal for convenience.

TheWashington Post reported that according to Holly Kirby Weatherwax, a real estate agent in Reston, Virginia, these people are "missing out on some excellent, older lived-in houses ... because they can't overlook" minor flaws such as kitchen appliances not being from the same manufacturer, walls that aren't painted the desired color and countertops which aren't granite.
Weatherwax wrote about her experiences with first-time homebuyers in a blog post on "Active Rain," an online real estate network. Other agents tell the paper home design shows on various cable networks are contributing to homebuyers' convenience mentality.
"The fact is, you just can't have it all," Cindy Westfall of Prudential NW Properties told the paper. "You've got to compromise somewhere or else you'll never buy anything."

According to a National Association of Home Builders study, home affordability reached an all-time high in the fourth quarter of 2010.
  http://www.allstate.com/insurance-industry-news/general-insurance-news/first-time-homebuyers-may-be-sacrificing-a-good-deal-for-convenience-800453150.aspx Wed, 09 Mar 2011 16:43:28 http://www.allstate.com/insurance-industry-news/general-insurance-news/nearly-half-of-respondents-mistaken-on-key-element-of-home-insurance-800452903.aspx A new poll indicates nearly half of homeowners are mistaken in their beliefs about the value of their home insurance policy.
According to a poll conducted by Opinion Research on behalf of the Insurance Information Institute, 48 percent of respondents believe their coverage limit is tied to the market value of their home.

"The real estate value of a home, that is the price you can buy or sell it for, has absolutely nothing to do with the amount of insurance needed to financially protect the homeowner in the event of a fire or other disaster," said Jeanne Salvatore, senior vice president for III. "Reducing insurance coverage because the market value of a home has decreased can result in being dangerously underinsured."

In lieu of these findings, III is issuing several reminders as to what be aware of when insuring one's home. For instance, homeowners should determine how much to insure their house for based on the cost of rebuilding their home, not its market value.
With the recent housing crisis, home values have declined precipitously over the past few years. If the poll results are reflective of American homeowners as a whole, then many people have underinsured their property.
  http://www.allstate.com/insurance-industry-news/general-insurance-news/nearly-half-of-respondents-mistaken-on-key-element-of-home-insurance-800452903.aspx Wed, 09 Mar 2011 15:17:40 http://www.allstate.com/insurance-industry-news/general-insurance-news/toymaker-highlights-masculine-characters-from-popular-tv-ads-800449034.aspx Allstate's "Mayhem" now has his own vintage-inspired action figure, a result of one company's attempt to revive hyper-masculine characters in modern toys, reported Time.

The character is one in a trio of manly-men that toymaker Herobuilder has transformed into 12-inch figures, which the company said is an homage to toys from the past. In addition to Mayhem, the source said buyers can also pick up other recent pop-culture hits like Dos Equis beer's "The Most Interesting Man in the World" and the memorable "Old Spice Guy."

Herobuilders president Emil Vicale told the magazine the company decided to produce the action figures, available for $50 to $60, in response to the sorely lacking men currently featured on television commercials.

"They're manning men back up. They've been dumbing us down on commercials," he said. "These are just like über-men. We normally don't do products like this, but you can’t even ignore it. All last year these commercials are hitting and finally you want to watch a commercial."

Allstate's "Mayhem" campaign has been wildly successful since its debut last year, reported advertising magazine AdWeek, which features actor Dean Winters humorously personifying various scenarios that could lead to a car accident.   http://www.allstate.com/insurance-industry-news/general-insurance-news/toymaker-highlights-masculine-characters-from-popular-tv-ads-800449034.aspx Tue, 08 Mar 2011 09:54:00 http://www.allstate.com/insurance-industry-news/general-insurance-news/kansas-missouri-still-lacks-electric-car-options-800446355.aspx Many Midwestern states are lagging behind when it comes to electric car ownership, according to the Kansas City Star.

While 20,000 electric cars are expected to be sold nationwide this year, the newspaper said the Center for Automotive Research predicted that even by 2015 only 2,800 of those vehicles will be sold each year between Kansas and Missouri. By comparison, electric car sales are expected to hit 34,000 per year in California by that time, reported the paper.

The lack of available electric automobiles has caused some Midwesterners residents to travel long distances to obtain a vehicle. Al Pugsley, a member of a local Kansas City electric-car association, told the paper while he thinks those cars would sell well in the area, there won't be proof until residents actually have access to the product.

"We're about the last in line," Pugsley said, describing the city's electric car availability.

Lawmakers are aware of the benefits of electric vehicles and have taken some steps to encourage their use. For instance, the federal government offered $7,500 tax credits toward the purchase of an electric vehicle in 2010 in order to make them more affordable.
  http://www.allstate.com/insurance-industry-news/general-insurance-news/kansas-missouri-still-lacks-electric-car-options-800446355.aspx Mon, 07 Mar 2011 09:41:56 http://www.allstate.com/insurance-industry-news/general-insurance-news/simple-tips-can-help-car-owners-save-fuel-800435551.aspx Owning and operating a car can be expensive, especially when the ever-rising cost of gas is figured in. To help drivers make a tank of gas last longer, KRIS-TV News has offered some tips that can help.

Motorists should be gentle on the car pedals and avoid sudden speeding, braking or rapid acceleration, which wastes gas. In fact, the station reported depending on the vehicle, bad driving habits can reduce fuel economy by 5 to 33 percent. In the same vein, driving slower can also conserve gas, as fueleconomy.gov reports that drivers pay about 24 cents more for each gallon of gas for every five miles per hour above 60.

Tires that are not properly maintained can also cause a car to consume more fuel. Drivers should consistently check their tire pressure, as the U.S. Department of Energy reports 1.25 billion gallons of gas are wasted each year due to underinflated tires. In addition, misaligned tires can reduce fuel economy by 10 percent.

Of course, one of the easiest things a car owner can do waste less gas is simply drive less. Motorists who drive less can also pay less for auto insurance, as many companies now that offer premium discounts for those who limit their car use.  http://www.allstate.com/insurance-industry-news/general-insurance-news/simple-tips-can-help-car-owners-save-fuel-800435551.aspx Tue, 01 Mar 2011 10:14:58 http://www.allstate.com/insurance-industry-news/general-insurance-news/kelly-blue-book-names-the-top-family-cars-for-2011-800433586.aspx When car seats, hockey sticks, carpools and the looming prospect of college tuition are on your list of priorities, chances are you're not looking for the sharpest-looking car on the road, or even the fastest. Family cars don't have a reputation for being sleek or pricey, but finding the one that best suits your family isn't easy.

Luckily, the Kelly Blue Book has released their 2011 list of the top 10 cars for families. The Kelly Blue Book is one of the most widely consulted resources on new and used cars. Car shoppers who visit their website can see prices, consumer reviews even find local dealers and their inventory.

To come up with their list of the top 10 best family cars on the market, the Kelly Blue Book took into account all the criteria that would be important to family car buyers: comfort, safety record, fuel economy, a high resale value and a low dealership cost. Other factors included child-friendliness, such as having enough backseat space and other fun amenities. They limited to list to the 2011 models from various manufacturers.

The list ranked the cars from largest to smallest. Larger families, of course, need to worry about having enough space for three or more children to be comfortable, not to mention carrying around sports equipment or carpooling.

One vehicle that the Blue Book recommended for larger families was the 2011 Honda Odyssey, a three-row minivan that seats up to seven people. The car is just under $30,000 to purchase new, and gets 27 miles per gallon on the highway. Kids will love the two video screens that face the back seats, where they can watch their favorite DVDs on long road trips.

The Blue Book also highlighted the Ford Flex as a great option for larger families. While some find it boxy, it does have a 262-horsepower engine and still holds seven people. Throw in the mini-fridge in the rear of the car, and the Flex makes for a luxurious drive.

Some families need a bit more cargo space than others. Those that do a lot of moving, or like to pack in several suitcases for multi-week summer road trips will want to look at the sizeable Chevrolet Suburban. The car has almost 46 square feet of storage space, and seats up to nine people, so if you somehow run out of space in the back, there's still plenty of room in the passenger seats. It can also tow 9,600 pounds, and gets 21 miles per gallon on the highway.

Not every car buyer, of course, has multiple kids and needs as much space as they can get. For smaller groups, the Blue Book recommends the Volkswagen Golf. One of the Golf's biggest selling points is its affordability, considering the starting price is just under $20,000. In addition, this two-door hatchback can drive up to 33 miles per gallon on the highway, has a sleek interior, and a smooth ride.

Another great small car option is the Hyundai Sonata, a mid-size sedan that gets 24 city miles per gallon, and 33 on the highway, and seats up to five passengers.

Car buyers should ultimately choose their new car based on the qualities that will enhance their families' safety and comfort. Parents.com listed several things that parents should take into consideration when buying a new car, including the number of children that will be transported, if those children need car seats or booster seats, and whether or not the car has side airbags, which can be harmful to children seated too close to them. http://www.allstate.com/insurance-industry-news/general-insurance-news/kelly-blue-book-names-the-top-family-cars-for-2011-800433586.aspx Mon, 28 Feb 2011 16:05:09 http://www.allstate.com/insurance-industry-news/general-insurance-news/newspaper-offers-tips-to-avoid-insurance-fraud-800420231.aspx While most drivers are eager to avoid hassle of a car accident at any cost, there are some motorists who intentionally cause collisions to benefit from the claims process that follows. In order to help drivers avoid a scam, the Westerly Sun has offered readers some simple tips.

Forcing a rear-end collision is one of the most common ways a scammer will cause an accident, reported the paper, allowing them to collect auto insurance payments for supposed vehicle repairs and potential injuries. To avoid such a frustrating scenario, the paper recommends keeping a safe distance between your car and other vehicles, and gathering statements from witnesses or other drivers in the event of a collision to help prove who may have been at fault.

Even if the accident wasn't caused in an effort to commit car insurance fraud , the paper said some resulting claims may be. Drivers should cover all of their bases after a collision by taking a picture to document the damage to both vehicles, as well as having an official police report regarding the incident filed.
Finally, the paper said defensive driving is the best tip for avoiding an accident of any type. Drivers should be especially wary while on the road, as any claim can lead to higher car insurance rates in the future.   http://www.allstate.com/insurance-industry-news/general-insurance-news/newspaper-offers-tips-to-avoid-insurance-fraud-800420231.aspx Tue, 22 Feb 2011 10:05:03 http://www.allstate.com/insurance-industry-news/general-insurance-news/mississippi-may-tighten-auto-insurance-law-800420221.aspx Mississippi lawmakers are debating instilling tougher laws in order to ensure drivers across the state are covered by auto insurance, reported WLOX News.

A bill that is currently being analyzed by the state House of Representatives would use random computer checks to make sure drivers have insurance. Representative Hank Zuber told the news station the insurers would provide the system with information about whether specific policies have lapsed, allowing the state to deliver citations to those drivers who no longer have coverage. Another proposal, the station reported, would require Mississippi drivers to show proof of insurance when purchasing a car tag.

While Mississippi law technically requires all motorists to own auto insurance, the report said many drivers get around the law by temporarily buying coverage, canceling the policy and then saving the proof of insurance card to show police officers if they are pulled over.

New Hampshire is currently the only state in the country that does not require drivers to purchase car insurance, although drivers must cover the costs of damages to an injured party in the event of an accident.   http://www.allstate.com/insurance-industry-news/general-insurance-news/mississippi-may-tighten-auto-insurance-law-800420221.aspx Tue, 22 Feb 2011 10:01:33 http://www.allstate.com/insurance-industry-news/road-safety-news-and-tips/beach-towns-in-gulf-are-attractive-road-trip-locations-800396247.aspx For students interested in exploring nontraditional vacation spots, the Detroit Free Press recommends five beach towns around the Gulf of Mexico worth visiting on a spring break road trip.

First stop on the trip is Holly Beach, Louisiana, a small town in the western part of the state that was reduced to almost nothing after a series of hurricanes in 2005 and 2008. While the newspaper said the town is basically a few small streets, the beaches are wide, warm and perfect for a day of fun in the sun.

The other four locations can all be found in Texas. While the Lone Star state isn't typically associated with beach vacations, the paper said Crystal Beach, Galveston, Port Aransas and Padre Island National Seashore are all worth exploring. In Padre Island, tourist can see one of the longest stretches of undeveloped barrier reef in the world, reported the newspaper, which also said the area around the beach is still largely undeveloped.

Drivers preparing for a an extended road trip should check their vehicles' tire pressure, fluids and engine before setting off, all of which CNNMoney said can improve road safety in addition to fuel economy.
  http://www.allstate.com/insurance-industry-news/road-safety-news-and-tips/beach-towns-in-gulf-are-attractive-road-trip-locations-800396247.aspx Wed, 09 Feb 2011 17:43:02 http://www.allstate.com/insurance-industry-news/general-insurance-news/automakers-report-strong-start-for-2011-800396241.aspx Tides are turning for the U.S. auto industry, as January's sales figures indicate that 2011 will be a strong year for carmakers.

Sales increased by 17 percent compared to last year, according to reports, with automakers hoping to reach a sales goal of 13 million vehicles this year. In 2010, 11.6 million new cars were sold in the U.S.

While sales fell slightly from December, all seven major manufacturers reported better year-over-year results. General Motors, Hyundai and Chrysler saw sales rise by at least 20 percent last year, closely followed by Toyota jumping 17 percent, Nissan gaining 15 percent, Ford and Honda both increasing sales by 13 percent.

Pickup trucks sold well in January, reported the Associated Press, as well as smaller vehicles like Honda Fit, and the redesigned versions of classics such as the Ford Explorer, Hyundai Sonata and Jeep Grand Cherokee.

According to the Department of Labor, private sector job losses have continued to steadily decline since December 2008. In March to June of 2010, private sector job creation surpassed losses for the first time since 2007, indicating that more people will be able purchase a new car.
  http://www.allstate.com/insurance-industry-news/general-insurance-news/automakers-report-strong-start-for-2011-800396241.aspx Wed, 09 Feb 2011 17:40:19 http://www.allstate.com/insurance-industry-news/general-insurance-news/bay-area-grant-promotes-electric-vehicle-use-800394934.aspx The Bay Area Air Quality Management District has awarded $3.9 million to four companies toward the installation of electric car charging stations.

The money, which was compiled through a surcharge on vehicle registration fees, will be used to lower the cost of installing stations in the homes of electric car owners. The funding will be able to cover the installation of 2,750 home chargers in the area, in addition to the construction of 30 fast-charging stations in public places.

"The electric vehicle's time has come, and its effectiveness as a means of improving air quality depends on a robust charging infrastructure," Jack Broadbent, the air district's executive director, said in a statement.

Despite the environmental benefits, some experts believe plug-in hybrids may result in skyrocketing electricity prices. Wally Tyner, a professor of agricultural economics at Purdue University, said California's tiered electricity pricing system will cause state residents with electric cars to pay some of the most expensive rates in the nation. http://www.allstate.com/insurance-industry-news/general-insurance-news/bay-area-grant-promotes-electric-vehicle-use-800394934.aspx Wed, 09 Feb 2011 10:38:32 http://www.allstate.com/insurance-industry-news/general-insurance-news/arizona-man-faces-consequences-of-car-insurance-fraud-800394923.aspx An Arizona man was arrested in California's San Bernardino County for felony insurance fraud charges, reported the Inland Valley Daily Bulletin.

A California police officer arrested Donald Luczak, a resident of Topock, Arizona, after discovering he was wanted for car insurance fraud, said the paper. According to the report, Luczak had made a faulty insurance claim in February 2010 when he called his insurer and said his Dodge Viper had been stolen while he was attending a NASCAR event, claiming he had parked the vehicle and found it was gone when he returned from the race.

The vehicle was located Needles, California the next day, reported the newspaper, after which Luczak said the car had been severely damaged and requested $17,000 from his insurer to pay for the repairs.

The paper says an investigation into the claim by the District Attorney's Auto Insurance Fraud Unit determined Luczak was actually seeking compensation for the same damages he had claimed after a 2008 accident when he was covered by a different insurance company.

Car insurance fraud is a serious crime that could result in jail time. In addition to being a part of their criminal records, those convicted of fraud may also face thousands of dollars in fines.  http://www.allstate.com/insurance-industry-news/general-insurance-news/arizona-man-faces-consequences-of-car-insurance-fraud-800394923.aspx Wed, 09 Feb 2011 10:35:21 http://www.allstate.com/insurance-industry-news/general-insurance-news/car-insurance-rates-drops-75-percent-in-texas-800379899.aspx Texas auto insurances rates have decreased by about 7.5 percent in the past year, making it the 29th most affordable state for vehicle coverage in the nation, according to INSweb.

The state's median rate for a six-month policy has dropped to about $686, only slightly above the national average of $680, which also declined during the same 12-month period. However, insurance coverage for Texan drivers ages 19 and younger is still more than double the national average at $1,489, and is significantly higher than the second-most expensive age group - 20 to 24 year-olds - who pay $925, reported the website.


The lower premium means Texans with a median annual income of $41,118 only use about 3.3 percent of their earnings for car insurance. In Louisiana - which has the most expensive rates in the nation - residents put about 6.7 percent of their income towards automobile coverage.

However, some state residents may see their rates go up in 2011. The Texas Department of Insurance recently announced they are boosting the minimum liability coverage requirement, which will raise premiums by 2 to 3 percent this year when policyholders renew their coverage. http://www.allstate.com/insurance-industry-news/general-insurance-news/car-insurance-rates-drops-75-percent-in-texas-800379899.aspx Tue, 01 Feb 2011 20:50:08 http://www.allstate.com/insurance-industry-news/general-insurance-news/winter-storms-wreaking-havoc-for-new-england-drivers-800379895.aspx New England motorists are getting used to shoveling out their cars from a blanket of snow, but the winter storms that have been slamming the region may have more dangerous consequences.

The slick and icy roadways resulting from freezing temperatures can make it easier to get into a car accident. Residents of Fitchburg, Massachusetts, have been stocking up on shovels, buckets and bags of salt to help combat the snow that just keeps falling, according to WHDH.

"It's been tough. It's been a tough one," Michael Bourgault, an employee of Luxury Motors of Fitchburg, told the news station.

Locals are struggling with the huge banks of snow freezing into blocks of ice as well as the hazardous and even frightening road conditions that result, said the station.

Winter weather can make it easier to get into a car accident, which is why drivers should be extra careful when behind the wheel. According to the Weather Channel, driving slowly, braking gently and keeping lights and windshields clean are all practices that can decrease the chances of becoming involved in an accident. http://www.allstate.com/insurance-industry-news/general-insurance-news/winter-storms-wreaking-havoc-for-new-england-drivers-800379895.aspx Tue, 01 Feb 2011 20:46:39 http://www.allstate.com/insurance-industry-news/general-insurance-news/maines-rural-surroundings-may-contribute-to-low-auto-insurance-rates-800379891.aspx Maine is an unusual state for auto insurance, as it has some of the lowest rates in the nation despite also having some of the highest minimum levels of coverage, according to the National Association of Insurance Commissioners.

The median cost of an annual auto insurance policy was $600 in 2008, 31 percent lower than the national average of $789. However, the NAIC said the low price is puzzling because coverage plans with higher levels of protection usually charge higher premiums to policyholders. Minimum liability policies in Maine require consumers to purchase policies with up to $50,000 of coverage for injury or death to one person, $100,000 per accident, and $25,000 for property damage, the steepest minimums in the country outside of Alaska.

However, Maine's rural surroundings may account for its low auto insurance rates. The NAIC reported the Pine Tree State has one of the lowest proportions of its residents living in urban areas, which tend to have more traffic and vehicle thefts.

There are about 41.3 people found in each square mile of Maine, much less than the national average of 79.6 people, according to the U.S. Census Bureau. http://www.allstate.com/insurance-industry-news/general-insurance-news/maines-rural-surroundings-may-contribute-to-low-auto-insurance-rates-800379891.aspx Tue, 01 Feb 2011 20:37:43 http://www.allstate.com/insurance-industry-news/general-insurance-news/new-laws-will-improve-vehicle-safety-during-rollover-accidents-800351892.aspx The U.S. Department of Transportation announced it is introducing a new rule for vehicle manufacturing aimed at decreasing the number of occupant ejections that occur during rollover crashes.

The new standard, which the department will begin phasing in during 2013, will require all car manufacturers to develop a countermeasure for light passenger vehicles that will prevent an unbelted adult from moving more than 4 inches past the side window during a crash. All new vehicles will be required by law to provide the protection by model year 2018.

"Rollover crashes are the deadliest of all crash types and this is another important step in our efforts to reduce fatalities and serious injuries that result from them,” said National Highway Traffic Safety Administration administrator David Strickland, who added the new standard will prevent approximately 373 fatalities and 476 serious injuries a year.

A precaution as simple as wearing a seat belt can drastically improve an individual's chances of surviving a serious car accident. According to the Centers for Disease Control and Prevention, wearing a seat belt can reduce the chance of dying in a vehicle collision by 45 percent.
  http://www.allstate.com/insurance-industry-news/general-insurance-news/new-laws-will-improve-vehicle-safety-during-rollover-accidents-800351892.aspx Wed, 19 Jan 2011 10:35:30 http://www.allstate.com/insurance-industry-news/general-insurance-news/auto-insurance-rates-in-texas-remain-stable-800351866.aspx Auto insurance rates in Texas have remained stable, although competition in the car insurance market has increased, according to the Texas Department of Insurance.

A new report released by the department said that new coverage providers were introduced in the state between January 2009 and December 2010, which may have stabilized rates for consumers who suddenly had a variety of auto insurers to choose from.

Rate filings submitted to the department reflect the price stability. Out of the 471 rate filings submitted between January and September, only 30 percent showed an increase in rates, while 14 percent showed a decrease and 56 percent remained the same.

The report also said that the past 6 years have seen a significant decline in participation in the state's assigned risk pool, finding that the number of polices assigned throughout the state numbered 8,193 during the first 11 months of 2010, a quarter of the 31,517 assigned in 2005.

The Department of Insurance announced that Texas rates for minimum liability insurance would see a boost in 2011, due to the increased costs of automobile repairs and medical expenses associated with car accidents.  http://www.allstate.com/insurance-industry-news/general-insurance-news/auto-insurance-rates-in-texas-remain-stable-800351866.aspx Wed, 19 Jan 2011 10:30:54 http://www.allstate.com/insurance-industry-news/general-insurance-news/safe-driving-tip-watch-out-for-excessive-rain-800336340.aspx During the winter months most motorists are concerned about the hazards winter driving may bring, but people all over the U.S. have other conditions with which to be concerned.

While Hawaii may be associated with lounging and vacations, hazardous driving conditions can also be found on the picturesque island. Hawaii's Department of Transportation (DOT) is reminding motorists to watch out for heavy rainfall.

In the event of rain causing heavy puddling, DOT says it may be necessary to seek an alternative route. It can be difficult to gauge the depth of some bodies of water, which could damage a vehicle.

Other suggestions are similar to those for motorists driving in winter weather conditions. Using safe driving practices, such as ensuring headlights are on and using turn signals, are a couple of examples.

Equipping a vehicle with an emergency kit is also a good idea for motorists in all regions. Jumper cables, water, non-perishable food and flares are a few must-have items.
  http://www.allstate.com/insurance-industry-news/general-insurance-news/safe-driving-tip-watch-out-for-excessive-rain-800336340.aspx Tue, 11 Jan 2011 15:44:27 http://www.allstate.com/insurance-industry-news/general-insurance-news/american-legion-tricare-health-insurance-must-cover-brain-injury-therapy-800335065.aspx The American Legion, a prominent veterans' advocacy group, says the government-sponsored TRICARE health insurance program must begin to cover the cost of cognitive rehabilitation therapy (CRT) for the victims of traumatic brain injuries (TBI) suffered while serving the country.

The group's national commander, Jimmie Foster, expressed outrage at the government's refusal to pay for CRT.

"Research indicates that CRT helps those who have suffered brain damage, so it is incomprehensible that TRICARE is refusing to cover such treatment for our wounded warriors. Our troops have certainly earned their health-care benefits through their sacrifices and they deserve the best treatment available," Foster said.

The Legion stated TRICARE's lack of coverage for CRT was contrary to all generally accepted medical standards, including those set by its own advisory panel. One of the Legion's committee members, Dr. Jeanne Stellman of Columbia University's Mailman School of Public Health, said "one must question whether the decision was based on valid science, or was made for budgetary reasons." http://www.allstate.com/insurance-industry-news/general-insurance-news/american-legion-tricare-health-insurance-must-cover-brain-injury-therapy-800335065.aspx Tue, 11 Jan 2011 09:37:38 http://www.allstate.com/insurance-industry-news/general-insurance-news/only-a-quarter-of-female-veterans-use-va-health-plan-800328432.aspx The American Legion is launching a worldwide survey this month in order to discover why a majority of female veterans are not taking advantage of the VA health care system.
According to the Legion, only about 25 percent of the two million female veterans in the U.S. currently use the VA health plan. The lack of participation puzzled the organization, encouraging it to initiate the survey in order to discover what the current health care system lacks.

"After analyzing the data we've collected, the Legion will be better qualified to make specific recommendations for congressional appropriations, VA programs and facilities, and to increase public awareness of issues facing women veterans," said national commander of the American Legion, Jimmie Foster.

The survey will cover aspects of health care service quality and will hopefully help the Legion identify the unmet needs and specific health care problems experienced by female veterans.

In addition to physical injuries, about 25-30 percent of women veterans will suffer from a mental illness like chronic depression or post-traumatic stress disorder after their service, both of which require treatment by a mental health professional, according to The National Women's Health Information Center. http://www.allstate.com/insurance-industry-news/general-insurance-news/only-a-quarter-of-female-veterans-use-va-health-plan-800328432.aspx Thu, 06 Jan 2011 17:39:35 http://www.allstate.com/insurance-industry-news/general-insurance-news/homeless-vets-to-get-extra-help-from-veterans-affairs-800327661.aspx With homelessness among U.S. veterans continuing to be an issue, the Department of Veterans' Affairs (VA) announced last month it would provide direct assistance to a number of community groups working to prevent veterans and their families from landing on the street.

The head of the VA, Gen. Eric Shinseki, expressed hope the program - which will be known as Supportive Services for Veterans Families - could make a positive contribution to the issue.

"By putting more resources into intervention programs for people at risk of becoming homeless, we can reduce suffering and increase the opportunities for turning around these lives," Shinseki said.

The VA says the funds will be available for many uses, including educational assistance, rent, utilities, child care and even limited direct financial assistance.

Veterans in a precarious financial situation will likely be following the program's progress closely. Experts say such veterans should make themselves as liability-proof as possible by purchasing renters or home insurance. http://www.allstate.com/insurance-industry-news/general-insurance-news/homeless-vets-to-get-extra-help-from-veterans-affairs-800327661.aspx Thu, 06 Jan 2011 11:51:54 http://www.allstate.com/insurance-industry-news/general-insurance-news/tricare-says-it-expanded-armed-forces-health-coverage-in-2010-800327648.aspx In a year marked by the passage of the Patient Protection and Affordable Care act, members of the U.S. armed forces received new types of health insurance coverage along with their civilian counterparts, according to the healthcare program responsible for them.

One of TRICARE's most important moves of 2010 made coverage available to gray-area retirees (those younger than 60) as of September, the program said in an end-of-year statement. Additionally, the provider joined the growing movement toward electronic health record-keeping as a way to trim overhead costs by introducing its TRICARE online service.

Service members with autistic children were eligible for financial assistance from TRICARE, the plan said, adding its Enhanced Access to Autism Services Demonstration would continue through March 2012. The program provides reimbursement for behavioral testing to military families who might be otherwise unable to afford it.

Smokers in the military were encouraged to quit by the healthcare provider, as it debuted a smoking cessation help line in June 2010. http://www.allstate.com/insurance-industry-news/general-insurance-news/tricare-says-it-expanded-armed-forces-health-coverage-in-2010-800327648.aspx Thu, 06 Jan 2011 11:50:30 http://www.allstate.com/insurance-industry-news/general-insurance-news/auto-insurance-tip-filing-winter-weather-claims-800325668.aspx When inclement weather is tearing through a region, it's not unheard of for motorists to be involved in an accident. When a collision does occur, it's important for vehicle owners to know what their auto insurance will cover.

The Insurance Information Institute (III) says liability coverage, for example, will protect motorists in the event of an accident involving another vehicle due to slick roads. Comprehensive coverage, on the other hand, will help cover fees for expenses incurred from a tree falling on a car and similar events.

III senior vice president and consumer spokesperson Jeanne Salvatore offers advice to those who experience damage to their vehicle.

"Consumers who need to file an insurance claim should contact their insurance agent or company representative as soon as possible," says Salvatore. "Let your agent know the extent of the damage and then start to document your loss with lists, receipts or photographs."

To help reduce the chances of having to file an auto insurance claim, it's important for motorists to always use safe driving practices. During the winter months, motorists may need to drive slower than posted speed limits if weather conditions are poor.  http://www.allstate.com/insurance-industry-news/general-insurance-news/auto-insurance-tip-filing-winter-weather-claims-800325668.aspx Wed, 05 Jan 2011 17:15:27 http://www.allstate.com/insurance-industry-news/general-insurance-news/in-a-hurry-to-deploy-fallen-vet-forgets-dental-insurance-800325259.aspx Deployment can be a stressful and hurried time, as one Tennessee war widow discovered when she attempted to have wisdom tooth surgery.

Caitlin Anderson was informed by the military that her husband, private first class Billy Anderson, submitted forms for health coverage but forgot to apply for dental insurance, reported WTVF-TV in Nashville. The private was deployed to Afghanistan a year ago and was killed at just 20 years old on May 17. His mother, Marlene Goodwin, said the coverage issue must have simply slipped his mind at the time.

"He was just really under a lot of stress, I'm sure," Goodwin told the station. "I'm sure he had a lot on his mind, deploying, and the military says [dental insurance paperwork] was never turned in."

The station brought the issue to the attention of state veterans officials, who say they may try to lobby with the military to help the Andersons obtain dental coverage. In the meantime, she will rely on family support and a military assistance program.

The issue sheds a light on the importance of arranging a pre-deployment checklist. Many innocent but costly mistakes can be made at the time of deployment, and a smart game plan can ensure veterans' loved ones are protected.
  http://www.allstate.com/insurance-industry-news/general-insurance-news/in-a-hurry-to-deploy-fallen-vet-forgets-dental-insurance-800325259.aspx Wed, 05 Jan 2011 12:56:29 http://www.allstate.com/insurance-industry-news/general-insurance-news/veteran-denied-insurance-coverage-from-town-800325254.aspx A former Marine and retired police officer in McAllen, Texas, will have to foot the bill for his chronic pancreatitis treatments after being informed by the town that he did not qualify for premium assistance.

For 18 months, half of Harold Taylor's insurance premiums were covered by the city's retirement plan, which allows employees who have worked for the city for 25 years to collect premium assistance, reported the Monitor. However, Taylor only worked for the town for 22 years and two months, and he was told by a city employee that his five years in the U.S. Marine Corps would count toward his retirement. Not so, said city officials, who pulled premium assistance for him and several other local retirees.

Now, Taylor finds himself saddled with $607.60 in monthly insurance premiums, which amounts to more than half of his retirement check. The city's police union will appeal the decision on Taylor's behalf.

The situation raises the importance for military veterans to protect themselves with their own health insurance policies. By seeking private auto, health or life insurance, they can avoid bureaucratic hang-ups with their employer and even enjoy certain discounts for military service.
  http://www.allstate.com/insurance-industry-news/general-insurance-news/veteran-denied-insurance-coverage-from-town-800325254.aspx Wed, 05 Jan 2011 12:53:26 http://www.allstate.com/insurance-industry-news/general-insurance-news/officials-warn-about-mixing-alcohol-and-snowmobiles-800308579.aspx As officials with the New York State Office of Parks, Recreation and Historic Preservation prepared to open up their trails for snowmobiles for the season, they are also warning operators to avoid alcohol while they are out.

The agency says that alcohol was involved in more than one third of all fatal snowmobile accidents last season.

"Avoid drinking any alcohol whatsoever until the snowmobile is parked for the day," said State Parks acting commissioner Andy Beers. "Zero alcohol is the only choice to make snowmobiling safer."

Officials also said that speed is central to snowmobile safety, saying that driving too fast was the reason for more than 40 percent of snowmobile accidents last winter. Officials also urged riders to stay on existing trials and check weather conditions before going out.

It's also important to wear proper safety equipment. Officials in Dane County, Wisconsin, say that riders should be sure to wear reflectors at night, along with a helmet and goggles whenever they go out. http://www.allstate.com/insurance-industry-news/general-insurance-news/officials-warn-about-mixing-alcohol-and-snowmobiles-800308579.aspx Wed, 22 Dec 2010 21:30:03 http://www.allstate.com/insurance-industry-news/general-insurance-news/series-of-snowmobile-accidents-injures-4-800307909.aspx Four people were injured in a series of snowmobile accidents last weekend across Dodge County, Wisconsin. Two were involved in a vehicle collision which shed light on the importance of snowmobile safety when crossing busy roads.

Daniel Wirth, a 21-year-old resident of Hartford, was struck by a car driven by 24-year old Matthew Stark while snowmobiling across Highway 60, reported the Watertown Daily Times. Both men were hospitalized with injuries, and Wirth remained in a Milwaukee medical center as late as Monday morning. It was not known if he was covered by snowmobile insurance.
Later that same day, two other local men suffered snowmobile accidents, one striking a well pipe and the other flipping his vehicle atop a frozen lake, said the paper.

Snowmobile riders are advised to take caution when driving their vehicles, especially if the trail they're traveling on crosses a major highway. They should approach roadways with caution and cross at slow speeds in as direct a line as possible, suggests the American Council of Snowmobile Associations.

The ACSA also advised riders stick to well-maintained trails with clearly posted signs indicating oncoming roadways. Just 10 to 15 percent of all snowmobile accidents occur on well-marked trails, said the group.
  http://www.allstate.com/insurance-industry-news/general-insurance-news/series-of-snowmobile-accidents-injures-4-800307909.aspx Wed, 22 Dec 2010 12:15:52 http://www.allstate.com/insurance-industry-news/general-insurance-news/heavy-snowfall-increases-minnesota-snowmobile-sales-800307889.aspx Significant December snowfall has been kind to the Central Minnesota economy, reported the St.
Cloud Times.

The surprising amount of early snowfall has taken Minnesota residents by surprise, leading to a spike
in snowmobile sales, according to local dealers.

“Snow is the trigger for our economy,” said Mike Bristow, owner of Bristow’s Kawasaki & Polaris
in an interview with the newspaper. Local dealers also said the market for snowmobiles has not been
as strong for the past few years, causing many dealerships to go out of business or slash their prices.

Minnesota is the home of two major snowmobile manufacturers, Artic Cat and Polaris, according to
the International Snowmobile Manufacturers Association (ISMA), and has second-highest number
of snowmobile registrations in the country.

The Great Recession has weakened the industry according to statistics from ISMA, which reported
that that worldwide snowmobile sales have fallen 24.2 percent since 2008, while in the U.S. sales
have declined 21 percent, and registrations dropped by 9.2 percent. Having snowmobile insurance is
more important than ever, as sales show that soon there may not be as many experienced operators
on the road.
  http://www.allstate.com/insurance-industry-news/general-insurance-news/heavy-snowfall-increases-minnesota-snowmobile-sales-800307889.aspx Wed, 22 Dec 2010 12:11:46 http://www.allstate.com/insurance-industry-news/general-insurance-news/operating-snowmobiles-impaired-is-dangerous-800307778.aspx Most people have heard the phrase, "don't drink and drive," and are aware of the problems with operating a car under the influence of alcohol. However, the slogan can also be used as a reminder of safe driving practices for snowmobilers.

The Wisconsin Department of Natural Resources (DNR) says it has had to deal with several accidents involving alcohol impaired snowmobile operators. Last riding season, DNR says it made 11 arrests and 100 citations to riders operating under the influence of alcohol.

DNR snowmobile safety administrator Gary Eddy says a pair of accidents last season illustrated what can happen when operating a vehicle while impaired.

"This is a perfect example of what can happen when a group of companions decide to mix alcohol with their snowmobile trip," says Eddy. "Some were more concerned about fleeing the scene than securing medical attention for members of their group."

In addition to refraining from operating a vehicle impaired, riders should ensure they wear a helmet and appropriate safety gear. As with riding a motorcycle, snowmobilers do not have a barrier protecting them from the ground should an accident occur. http://www.allstate.com/insurance-industry-news/general-insurance-news/operating-snowmobiles-impaired-is-dangerous-800307778.aspx Wed, 22 Dec 2010 12:01:04 http://www.allstate.com/insurance-industry-news/general-insurance-news/new-years-a-chance-to-check-insurance-coverage-800294878.aspx As January 1 rolls around, many may be thinking of how to stick to their New Year's resolutions.

However, turning the calendar to a new year may also provide the opportunity for some financial management regarding insurance coverage. Many experts note policies should be reviewed at least once a year to ensure owners have the proper amount of protection.

A number of factors could play into a need for new life, home or auto insurance coverage. Getting a better-paying job, for example, may lead to another car, additional possessions or a higher standard of living, all of which will require a look at policies.

Experts note getting married, having children or buying a home are all instances when people should review their insurance coverage. Even a divorce could lead to necessary policy changes.

When considering additional insurance, there are ways for consumers to save money. Getting multiple policies from one provider may lead to savings. Comparison shopping is also a tool policy owners can use. http://www.allstate.com/insurance-industry-news/general-insurance-news/new-years-a-chance-to-check-insurance-coverage-800294878.aspx Wed, 01 Dec 2010 22:43:56 http://www.allstate.com/insurance-industry-news/general-insurance-news/serving-others-as-a-new-years-resolution-800294874.aspx While many New Year's resolutions may focus on self-help, some may want to make an effort to help others in 2011.

Those looking for volunteer opportunities can consult www.serve.gov, a government website that helps connect service organizations with area residents who want to lend a hand. Individuals can enter their interests and zip code to find service initiatives.

The website is part of a larger national initiative called United We Serve, which was established last year. At that time, President Barack Obama noted the program is part of his administration's economic recovery effort.

"Economic recovery is as much about what you're doing in your communities as what we're doing in Washington - and it's going to take all of us, working together," Obama said in 2009.

Those who don't find a specific project to their liking can create their own initiative and post in on the website. Doing so will help guide like-minded individuals to their effort.

There are a number of other volunteer initiatives that may help satisfy this New Year's resolution, including those provided by local churches and service organizations. http://www.allstate.com/insurance-industry-news/general-insurance-news/serving-others-as-a-new-years-resolution-800294874.aspx Wed, 01 Dec 2010 22:21:35 http://www.allstate.com/insurance-industry-news/general-insurance-news/my-spouse-has-a-bad-driving-record-will-that-affect-my-insurability-800346531.aspx In most cases, a bad driving record will not prevent you from obtaining auto insurance. But if your spouse's record shows a significant amount of moving violations, citations, and/or accidents and insurance claims, that may translate into higher premiums. Even so, there are things to keep in mind that might help you minimize your costs.

Most insurance companies, including Allstate, consider married couples as more stable, responsible, and therefore a lower risk to insure. (And lower risk usually means lower insurance premiums.) In that way, the very fact that you're married may help move your spouse into a lower risk-profile. But depending on your spouse's record, this may do little to stave off high auto insurance bills.

In that case, keep an eye out for any discounts you could apply to your policy. You may qualify for a discount based on your car's safety features, or even your own good driving record. If you and your spouse carry home insurance with Allstate, you might also qualify for a multi-policy discount.

In terms of your auto insurance policy itself, raising your deductible may also help bring your premiums down. You might also see if you can drive fewer miles each year. For instance, if your spouse is able to carpool or take public transportation to work, your premium could be affected. The purpose of your driving (whether it's for business or personal use) can also make a difference.

Talk to your Allstate agent about your unique situation. S/He can help you find the best solution possible for your budget, while still keeping you well protected.  http://www.allstate.com/insurance-industry-news/general-insurance-news/my-spouse-has-a-bad-driving-record-will-that-affect-my-insurability-800346531.aspx Tue, 28 Sep 2010 11:10:58 http://www.allstate.com/insurance-industry-news/general-insurance-news/clarifying-the-confusion-a-few-common-auto-insurance-misconceptions-800346384.aspx Know what you have before you need it: a quick review of your auto insurance policy will remind you what’s covered, and what's not.

It's easy to make assumptions about auto insurance, and it's even easier to forget certain details about your own unique coverage.

A quick review of your Allstate policy can easily shed some light on things. Start with the Policy Declarations, which contains the details of what’s covered by your policy.

Beyond that, the following rundown of five common misconceptions about auto insurance might also help clarify things.

I Thought I Had “Full Coverage”

Many people believe that an auto insurance policy automatically includes things like Comprehensive Coverage, a low deductible, coverage for possessions stored or transported in your car, protection against theft or damage of special custom add-ons, or even automatic rental car reimbursement after an accident.

In truth, these are options that you must specifically choose, and purchase, for your auto insurance policy. (In some cases, state laws dictate what kind of coverage options an insurance company is allowed, or not allowed, to offer its customers. Therefore, the laws in your state could affect the kind of insurance coverage you’ll be able to purchase.)

I Thought I Had Rental-Car Reimbursement

If you’ve been in an accident and your car is not drivable, you’ll most likely need a rental car. It’s easy to assume that an auto policy automatically covers the cost of renting a temporary replacement car.

However, this, too, is an option. Rental car reimbursement coverage must be specifically requested and purchased when you buy your policy.

I Thought I Wasn’t at Fault

Determining who’s at fault in any accident is neither a hasty, nor an arbitrary decision. If you’re insured with Allstate, know that Allstate completes a thorough investigation of every reported accident, no matter how large or small.

To gain a clear, 360-degree view of what happened, your Allstate adjuster will interview everyone involved in the accident—especially you—before any decision is made about who’s at fault.

After this careful process, if you’re found to be “at fault,” your Allstate insurance adjuster will be happy to go over the details with you so you can better understand the many perspectives involved.

I Wasn’t Driving my Car when it was Damaged. Why am I Being Held Responsible?

If you lend your car to a friend who happens to then get into an accident, it might seem easy to assume that your friend will be responsible for the damage. In truth, however, auto insurance is designed to protect you, your assets, and your car. Auto insurance is designed to help protect you in situations that involve your vehicle. Which is one of the reasons that auto coverage follows the car.

That means that if the covered car is damaged or involved in an accident, no matter who's driving, the policy attached to the car—not the person driving it—will be expected to cover the loss. That's as long as the person driving had verbal or written permission to do so.

My Car was Totaled in an Accident, but the Amount of my Claim Settlement isn't what I Paid for the Car. Why Didn't I Receive Full Payment for my Vehicle?

If your vehicle is deemed a total-loss after an accident, in certain cases, it may be impossible to recoup the full cost of the car.

Natural depreciation, market changes, and other factors are all calculated into your reimbursement fee. This is why the claim payment for a totaled car will not be the same as the amount you originally paid for the vehicle. For answers to some commonly asked questions regarding auto claims, click here.

Allstate will always give you the fair market value of your car. Allstate insurance adjusters work closely with respected, independent companies that research and calculate the replacement cost of a specific vehicle.

If you own a new car, Allstate’s New Car Replacement option might be for you. This powerful new option covers the cost of replacing a new vehicle if it’s totaled in an accident. Check with your Allstate agent to see if this feature is available in your state.

Anticipating Future Needs

Check your individual auto insurance policy against any assumptions you're making about your coverage. If you'd like to add any of these or other options to your auto policy, your Allstate agent will be delighted to help. Or you can always call 1-800-Allstate to speak to one of Allstate's licensed insurance professionals.  http://www.allstate.com/insurance-industry-news/general-insurance-news/clarifying-the-confusion-a-few-common-auto-insurance-misconceptions-800346384.aspx Fri, 17 Sep 2010 10:30:29 http://www.allstate.com/insurance-industry-news/general-insurance-news/will-my-policy-still-cover-me-if-i-get-into-an-accident-out-of-state-or-out-of-the-country-800346155.aspx At Allstate, we’ve got you covered across the US and Canada — even in parts of Mexico.

If you have an Allstate auto policy, your coverage will travel with you as you drive within any of the fifty United States. Even better, it will automatically adapt to the specific laws that govern each state, so you'll be well covered no matter where your trip takes you. Your policy will also protect you if you're driving in any United States territory (such as Puerto Rico, Guam, the U.S. Virgin Islands, etc.).

Travel Out-of-State

If you're involved in an accident outside of your home state, we'll handle the claim, and connect you with an Allstate claims representative from that state. That way you'll get great Allstate service from someone who is familiar with that particular state's laws and regulations. Then we'll get you back on the road as quickly as possible.

Canada and Mexico

If you cross into Canada, your policy will cover you throughout all Canadian provinces and territories, and between all ports.

If you’re crossing south into Mexico, your policy will protect you if you’ll be traveling within 75 miles of the border for a maximum of 10 days on each separate entry or trip.

If you’re traveling deeper into Mexico (or for longer than 10 days), any accidents you’re involved in will be subject to Mexican law. So plan ahead, and familiarize yourself with Mexico’s state and national insurance requirements.  http://www.allstate.com/insurance-industry-news/general-insurance-news/will-my-policy-still-cover-me-if-i-get-into-an-accident-out-of-state-or-out-of-the-country-800346155.aspx Fri, 17 Sep 2010 09:43:19 http://www.allstate.com/insurance-industry-news/general-insurance-news/what-could-make-my-premiums-go-up-800346581.aspx Many factors affect your premiums: some are factors you can control; others are factors you can't control. Let's focus on the factors you can control.

What you drive has a fairly significant impact on your premium. Insuring a sports car, or even a new car, can raise your premiums. It's a good idea to research any new or used car you're thinking about buying to determine how that car might impact your insurance costs.

How you drive can also affect your premium. A high rate of incidents on your driving record (tickets, accidents, etc.) means you'll likely have a higher than average insurance premium. Safe drivers with few or no accidents generally pay lower insurance premiums and can qualify for our Safe Driver Discount, or even Allstate's Safe Driving BonusSM, available only with Your Choice Auto®.

Where you drive (or where you live) can also have an impact on your bill. Driving, living, and parking in a neighborhood that has high crime, theft, or vandalism statistics (according to police records), means higher risks to you and your car, and therefore higher premiums.

The distance you drive can also cost you more, since the possibility of an accident increases with every mile on the road. To reduce your miles, and your premium, think about ways you can reduce your time in the car (use public transportation, bicycle commuting), or share your risks (carpooling).

And, of course, your specific policy characteristics can have a direct effect on premiums. A low deductible, a high coverage limit, additional coverage add-ons, or multiple insured drivers can easily raise your premium. Your Allstate agent can help you brainstorm about ways you can save without sacrificing protection.  http://www.allstate.com/insurance-industry-news/general-insurance-news/what-could-make-my-premiums-go-up-800346581.aspx Thu, 16 Sep 2010 11:21:02 http://www.allstate.com/insurance-industry-news/general-insurance-news/does-my-classic-vehicle-need-specialty-insurance-800346507.aspx Special insurance might be one of the few ways your classic car doesn't need to be babied. With Allstate, you can include it on your regular auto policy. You may also qualify for a lower rate if you can prove you drive it less than 7,500 miles each year.

If your car is only driven for shows, parades, club activities, and the like, you may be able to cover it by adding what's called an endorsement to your car insurance policy.

The year, make, and model of your vehicle can affect how it needs to be insured, so talk to your auto insurance agent to know you're covered the right way. http://www.allstate.com/insurance-industry-news/general-insurance-news/does-my-classic-vehicle-need-specialty-insurance-800346507.aspx Sun, 05 Sep 2010 11:07:44 http://www.allstate.com/insurance-industry-news/general-insurance-news/my-neighbor-and-i-drive-the-same-car-but-my-premium-is-different-why-800346300.aspx The kind of car you drive is only part of what determines your premium.

Even if you and your neighbor have identical cars (and perhaps even similar circumstances), your car is only a small piece of what sets you apart.

Your car is only a partial factor in determining your insurance rates. Here are some other factors that help to determine how much you pay for car insurance:

• Your marital status

• The coverages you choose and your coverage limits

• How you use your car

• Your gender and age

• The number of insured drivers in your household

• Your driving record

• Your insurance score

So even if you drive the same car as your friend, neighbor, or colleague, your policy (and premium) will reflect your unique coverage choices and the circumstances that define your life.

We can do a lot to help you understand your premium. And we’ve made it easy to get a quick personalized quote, or a Ballpark Estimate —without even giving us your name or other personal information.  http://www.allstate.com/insurance-industry-news/general-insurance-news/my-neighbor-and-i-drive-the-same-car-but-my-premium-is-different-why-800346300.aspx Wed, 01 Sep 2010 10:17:45 http://www.allstate.com/insurance-industry-news/general-insurance-news/i-only-drive-a-few-months-each-year-can-i-get-auto-insurance-just-for-those-months-800346497.aspx There are a couple of factors at work when it comes to this auto insurance question.

1. Whose car are you driving?
Driving your own car has different insurance implications than simply being listed as a driver on someone else's policy.

2. What state do you live in?
Auto insurance requirements are different from state to state. If you live in a state that requires insurance on any vehicle you own, you'll need to keep your policy current for as long as you own your car.

Keep in mind, too, that it may actually be more expensive to regularly start and stop an auto insurance policy than to keep it continuously.

All in all, the answer depends on the details of your particular situation. Be sure to talk to your insurance agent, so you can feel confident that you're making the right decision about your coverage.  http://www.allstate.com/insurance-industry-news/general-insurance-news/i-only-drive-a-few-months-each-year-can-i-get-auto-insurance-just-for-those-months-800346497.aspx Thu, 19 Aug 2010 11:05:24 http://www.allstate.com/insurance-industry-news/general-insurance-news/when-will-my-tickets-disappear-from-my-driving-record-800346431.aspx Your driving record keeps close track of your behavior on the road. However, state laws vary widely when it comes to the length of time a moving violation remains active on your record. For instance, in California, you can’t be penalized for a ticket that’s more than three years old. In Nevada, a moving violation will expire from your record after a period of seven years. And in Illinois, moving violations remain active on your driving record from the time of issue for as long as you hold a license (a moving violation will never expire).

Check with your local Department of Motor Vehicles (DMV) to find out exactly when tickets will expire from record in your particular state.

Once your driving record is clean, or if you already have a clean record, be sure to check out our Safe Driver Discount. Allstate’s many discounts can save you money on your premiums. Talk to your Allstate agent if you want to find out more.  http://www.allstate.com/insurance-industry-news/general-insurance-news/when-will-my-tickets-disappear-from-my-driving-record-800346431.aspx Tue, 17 Aug 2010 10:50:01 http://www.allstate.com/insurance-industry-news/general-insurance-news/what-kinds-of-discounts-does-allstate-offer-800346171.aspx With discounts for safe driving, certain safety features, good students, and even for having more than one policy with Allstate, you might be surprised by how much you can save with Allstate.

At Allstate, we offer many kinds of discounts across many different categories. So with all those opportunities to save, there’s bound to be a discount for you.

Discounts for Safe Driving and Safety Features

Our Safe Driver Discount can help you save money on your premiums if you’re accident-free and meet other specific requirements.

In terms of auto safety, we offer discounts for cars with factory-standard safety features such as airbags, automatic seatbelts, and anti-lock brakes.

Allstate also provides anti-theft-device discounts in certain states. 

Rewards for Valued Customers

If you have more than one Allstate policy, you may also qualify for our Multiple Policy discounts – in many cases, you could qualify for a discount on both policies.

Beyond that, in most cases, we won’t limit you to benefiting from only one discount at a time, even if you qualify for several discounts. When you qualify, we’ll often let you enjoy multiple discounts simultaneously.

Other Great Discounts

Depending on your state’s laws and requirements, Allstate also offers discounts to students with good grades, senior adults and teens who take defensive driver courses. We even offer a discount for drivers of new cars. In some states, we may even offer discounts that aren’t listed here. (Keep in mind that some discounts aren’t offered in all states.)

Get a free personal auto insurance quote right now — it’s quick and easy. Or you can always talk to your local Allstate agent or call 1-800-Allstate to learn more about all the ways you can save with Allstate. http://www.allstate.com/insurance-industry-news/general-insurance-news/what-kinds-of-discounts-does-allstate-offer-800346171.aspx Tue, 17 Aug 2010 09:47:14 http://www.allstate.com/insurance-industry-news/general-insurance-news/are-my-car-electronics-and-other-add-ons-covered-by-auto-insurance-800346765.aspx After-market modifications, equipment, and accessories aren't automatically protected by a standard auto insurance policy. We offer options that can shield your investments.

In manufacturing terms, when your car was made, any part or accessory that was installed at the factory is considered a "stock" item. In insurance terms, anything that's stock on your car is automatically covered by your policy.

However, if you've added GPS navigation, a new stereo, a mobile video system, or other items to your car, you'll need to purchase special coverage for those extras.

Allstate's Sound System Coverage is specifically designed to protect certain audio additions, while Tape/CD Coverage can help replace certain music media that's damaged or stolen from your car. (Be sure to ask your Allstate agent, or read your policy carefully for details on how and when this coverage applies.)

If you're a car collector, or someone who drives restored classic cars, you might want to get your car rated as a special vehicle. Ask about Allstate's Modified Rating Program, which is one of the ways you can protect a rare, restored, or antique vehicle.

Whether you're already driving a remodeled car, or you're planning some special renovations, an Allstate agent or licensed insurance representative can help match you with the coverage that will protect your investment in style.  http://www.allstate.com/insurance-industry-news/general-insurance-news/are-my-car-electronics-and-other-add-ons-covered-by-auto-insurance-800346765.aspx Sat, 17 Jul 2010 11:40:53 http://www.allstate.com/insurance-industry-news/general-insurance-news/i-do-a-lot-of-driving-for-work-do-i-need-extra-insurance-for-business-equipment-in-my-car-800346490.aspx That equipment you're carrying may already be protected, depending on your employer's business insurance coverage-or, if you're self-employed, by your auto, renters, or home insurance policy.

Most home and renters insurance policies include a certain amount of coverage for home office equipment, and would offer protection even if the equipment leaves your home.

Of course, the more expensive your equipment is, the more likely you are to take great care of it. That should include checking your policy's coverage limits to be sure your investment is completely protected. It's always a good idea to talk to your agent when you have questions, to make sure you have a good handle on your coverage and limits.  http://www.allstate.com/insurance-industry-news/general-insurance-news/i-do-a-lot-of-driving-for-work-do-i-need-extra-insurance-for-business-equipment-in-my-car-800346490.aspx Sat, 17 Jul 2010 11:03:11 http://www.allstate.com/insurance-industry-news/general-insurance-news/does-my-policy-cover-the-cost-of-a-rental-car-if-my-car-is-in-the-shop-800346182.aspx Many people assume that rental car coverage is part of any auto insurance policy. But the truth is it’s rarely automatically included. That said, there are certain, specific instances when a rental car might be covered.

To find out exactly what your policy covers, start by taking a careful look at your Policy Declarations— this page details everything that’s covered by your current policy. If your policy includes Rental Reimbursement coverage, that coverage will be listed here.

If you’re insured with us, your Allstate policy will typically pay for direct or accidental losses covered specifically in your policy. But if your car is severely damaged or can’t be driven, that coverage will not automatically extend to the cost of a rental car. The great news is that we can absolutely provide you with this coverage and peace of mind. Talk to a licensed Allstate agent anytime, 24 / 7, if you have questions, or would like to add Rental Reimbursement coverage to your current policy. http://www.allstate.com/insurance-industry-news/general-insurance-news/does-my-policy-cover-the-cost-of-a-rental-car-if-my-car-is-in-the-shop-800346182.aspx Sat, 17 Jul 2010 09:50:26 http://www.allstate.com/insurance-industry-news/general-insurance-news/how-do-i-talk-to-my-teenager-about-driving-safely-800346971.aspx When's the best time to talk about safe driving? Right now.

Research shows that too many parents put off the conversation until their teens are "permit age" (generally 15). The other big "talks"—as in smoking, drugs, sex—usually take place much earlier. But the consequences of unsafe driving can be deadly, so the earlier you have the conversation, the better. Here are some tips to help the discussion.

Talk with your teen, not at them.

Remember, they're excited about driving. It's a fun topic for them. If your teen feels they can share their views, their experiences and their excitement about driving with you, things may go a lot more smoothly.

Get on their level.

One little word change can make a big difference. Being a safe driver is not something teens dream of becoming. But becoming a smart driver does appeal to them. The same goes for becoming a skilled driver. So concentrate on them learning to drive well and prepare them well for adverse driving situations such as rain, snow, and glare.

Don't be afraid to be parental.

You're still the authority figure they admire most. Your job is to provide structure for your teens. They won't ever say so, but it's what they want and what they need—a parent, not a friend. Don't balk at setting and enforcing the guidelines. A consequence isn't a consequence unless you enforce it. Taking away your teen's driving privileges for a week or a month may not be convenient for you, but it might just save their life.

Keep the conversation going once your teen has their license. How they drive during those first few months sets the pattern for all future driving.

Want to learn more? Check out Allstate's Teen Driver Program.  http://www.allstate.com/insurance-industry-news/general-insurance-news/how-do-i-talk-to-my-teenager-about-driving-safely-800346971.aspx Thu, 17 Jun 2010 11:55:41 http://www.allstate.com/insurance-industry-news/general-insurance-news/whats-the-difference-between-comprehensive-and-collision-coverage-800346469.aspx Here’s an easy way to understand the basic differences between Comprehensive and Collision coverage:

Collision coverage applies when two vehicles hit each other, or when a single vehicle hits an object of some sort (such as a tree, or a pole in a parking structure).

Comprehensive coverage protects you when your car has sustained damage that did not result from a collision, such as either a natural or civil disturbance (such as a hail storm, a falling tree, or an act of vandalism). Comprehensive coverage also protects against damage such as a broken window or windshield, as well as any damage sustained if you accidentally hit an animal while driving.

Because these coverages protect you against different types of losses, it’s usually a good idea to include both on your policy.  http://www.allstate.com/insurance-industry-news/general-insurance-news/whats-the-difference-between-comprehensive-and-collision-coverage-800346469.aspx Sat, 12 Jun 2010 10:55:03 http://www.allstate.com/insurance-industry-news/general-insurance-news/what-happens-during-the-claims-process-800346420.aspx Whether you’ve been in a fender-bender or a major accident, filing an auto insurance claim with Allstate is easy.

Being in an accident is stressful enough. And when you’re filing an insurance claim, the last thing you want is more complication. Which is why Allstate has made the process as easy and streamlined as possible.

First Steps

You can begin the process in any of three ways:
• Call 1-800-Allstate® and follow the prompts,
• Log on to Allstate's Customer Care Center (the process will take about 15 minutes), or
• Call your Allstate agent

Talking to Your Allstate Insurance Adjuster

However you choose to contact Allstate, it's wise to put your claim in motion as soon as possible after the accident or event. Have your policy number close at hand, and, ideally, you should have detailed answers to the following important questions.

• What Happened in the Accident or Event?
Be ready to give a detailed description of what happened, how it happened, and exactly when it happened (including the day, date, and time).

• Who Was Driving?
If you weren't driving your car at the time of the accident, be prepared to give your Allstate adjuster any important details about the driver, including the driver's name, contact number, and their relationship to you.

• Were There any Passengers in the Car? If So, How Many?
If there were passengers in the car, make sure you know the total number of people, as well as their full names and contact information.

• Were Others Involved?
Depending on the accident, this could include the driver of the other vehicle(s), any and all passengers in the other car(s) involved, pedestrians, passers-by, or other injured parties.

• Is Your Car Damaged?
Whether the damage is major or minor, you'll need to schedule an appointment to have your adjuster inspect it. (Allstate offers three ways you can do this. Keep reading.)

• Are Attorneys Already Involved?
Sometimes attorneys are brought onto a case by other parties involved. Be sure to alert Allstate if an attorney is already assigned to your accident. Be ready to provide the attorney's information, if you have it.

Vehicle Inspection

In order for Allstate to properly assess any damages you’ve suffered, your adjuster will need to inspect your vehicle. Allstate gives you three easy inspection choices:

• Drive-In
If your car’s drivable, take it to any of Allstate’s inspection facilities. In some cases, an adjuster will assess the damage and give you a check right then and there.

• Good Hands® Repair Network Shop
Allstate’s Good Hands® Repair Network allows you to drive or tow your car to any shop that has a Good Hands® Repair Network relationship with Allstate. Good Hands® Repair Network shops offer worry-free, turnkey repair: they’ll work with your adjuster, file all the necessary paperwork, and guarantee repairs for the life of your vehicle.

• Your Favorite Mechanic
Or, take your car to your favorite mechanic. Let your adjuster know where the car’s being fixed, and Allstate will inspect your car there at the shop.

Details and Supplements

Make sure you know the details of your unique policy: a rental car or tow may not be included in your coverage. (Check your Policy Declarations.) Alternately, if you have Towing and Labor Costs and Rental Car Reimbursement, your adjuster will set you up with a tow and a rental car during your call.

If additional labor and repairs are needed after your Allstate adjuster has inspected your vehicle, no need to worry—a supplement will be filed by the shop to cover any additional, covered costs.

Wrapping it Up

For additional information on the claims process, feel free to check our Claims FAQs (Frequently Asked Questions). Register with Allstate's Customer Care Center and you'll not only be able to track your claim online, you'll also be able to access your policy, view letters, check on your premium payments, and much more. It's just another reason why, at Allstate, you're in Good Hands®.  http://www.allstate.com/insurance-industry-news/general-insurance-news/what-happens-during-the-claims-process-800346420.aspx Thu, 03 Jun 2010 10:41:40 http://www.allstate.com/insurance-industry-news/general-insurance-news/how-do-i-make-an-inventory-list-for-my-homeowners-insurance-800322958.aspx Burglary. Fire. A hurricane. Hopefully your home never falls victim to a disaster like these. But if it does, your insurance company will need information on exactly what was lost.

Think of all the stuff your family owns. How much would you be able to list from memory? This is why having a home inventory now is so important. It takes a bit of effort to get one started, but you'll be able to keep it updated easily with just a few minutes here and there.

What Info to Include

When you create your inventory, it's good to list as many details as you can for each item. Don't worry if you're missing some info; whatever you can include will help you later on. Here's what to aim for:

Name, quantity, and description

When and where it was bought

Original price

Estimated replacement price

Brand, model, and serial number

Photos


Where to Start

Doing an inventory of your whole house could take some time. If you're taking pictures of each item (always a good idea), you can make quick progress by pulling each item out, snapping the pic, and putting the item back. Just work your way around each room, then organize the photos into groups later on.

When it comes to listing the info, play it safe and focus on your most valuable possessions first. Then go back later to inventory your other things.

How to Make It Go Faster

Making an inventory is simple with Allstate's free home-inventory software. With it, you can easily list all the info you'd need to file an insurance claim. You can group your stuff by rooms and categories. You can even add pictures, which will come in handy in the event of a loss. It's available for both Windows and Mac OS X.

If you're in a serious time crunch but want to document your belongings with photos, get out your video camera instead. Pan each room, closet, and drawer, pulling out items that are hard to see.

When to Update It

Life is too busy to update your inventory every time you buy or get rid of something. Instead, try updating it only when you bring home something worth more than, say, $100. If you find yourself forgetting, set a date instead—like the 30th of every month. Not a big shopper? Just pick a regular interval, mark the next few dates on your calendar, and stick with them.

1 http://www.allstate.com/catastrophe/hurricane.aspx
2 Based on the contents of Allstate's home-inventory software (http://www.knowyourstuff.org/allstate/)
3 http://www.knowyourstuff.org/allstate/why.html http://www.allstate.com/insurance-industry-news/general-insurance-news/how-do-i-make-an-inventory-list-for-my-homeowners-insurance-800322958.aspx Wed, 02 Jun 2010 16:59:39 http://www.allstate.com/insurance-industry-news/general-insurance-news/should-i-wait-until-my-auto-insurance-policy-expires-to-switch-policies-800346568.aspx Whether you've changed employers and now have access to less expensive auto insurance coverage, or you're simply unhappy with your current auto insurance provider, switching policies — or carriers — is simpler than you might think.

If you're switching auto insurance companies, many states require that you secure a new insurance carrier before you leave your old one. (Having a gap in coverage can leave you exposed to unnecessary risks. Not to mention, in most states, it's illegal to drive without auto insurance coverage.) Your old carrier may ask for proof of new coverage to make sure you're covered within the law. And your new carrier should be able to time the hand-off so that you're covered without paying for two policies.

To cancel your coverage, contact your insurance agent or company and request details on the proper procedure for canceling a policy. It's important to formally let your insurance company know you're canceling your coverage. If you simply stop paying your premiums, your company may assume you're in default. (While this will terminate your policy, it can also adversely affect your credit rating.).

The best time to switch policies is any time that's right for you. You can cancel your policy at any time with proper notice. In this case, your insurance company will generally prorate and refund your unused premium. (Although, canceling before your renewal date may mean you'll incur additional administration fees. Talk to your agent if you have questions.)

Once the above details are taken care of, your new agent will most likely be able to execute the actual switch in a day or two. http://www.allstate.com/insurance-industry-news/general-insurance-news/should-i-wait-until-my-auto-insurance-policy-expires-to-switch-policies-800346568.aspx Wed, 02 Jun 2010 11:19:00 http://www.allstate.com/insurance-industry-news/general-insurance-news/i-know-i-need-auto-insurance-but-where-do-i-start-800345961.aspx Researching auto insurance can seem a bit daunting. We can help you shop smartly by clarifying some of the basics and offering valuable insights.

Whether you’re buying your first auto insurance policy, changing insurance companies, or upgrading your coverage, there’s a lot to consider.
While we can’t give you the magic formula that’ll match you with your ideal policy, we can help you zero-in on some important things to think about when looking at the possibilities.

You’re the only one who can decide what’s best for your unique situation. So understanding your individual needs and your options is key.

Begin With the Basics

Whether you’re researching things online, or getting ready to talk to an Allstate agent, have your vehicle information close at hand. This includes: the year, make, and model of your car (for instance, “a 1990 Honda Accord”); the original list price (what you paid for the car); and the Vehicle Identification Number (or VIN), if you’ve got it.

Your Life, Your Needs

To find the best policy for your situation, consider the factors that are unique to your life. Things like: your age, your marital status, the number of drivers you need to insure (for example, are you insuring only yourself, or are other family members going to be included on the policy?). You’ll also need to factor in coverage considerations. For instance, do you want Comprehensive Coverage, Collision Coverage, or both? The answers to these questions will help you get an accurate sense of the extent and type of coverage you need.

Going Deeper

As you go further with your research, you’ll most likely be asked broad questions about things like: Do you own a house or rent? Do you have other important investments?

These kinds of questions are necessary because truly effective insurance is designed to protect you, your car, and your assets — even some things you may not have thought about. So it’s smart to consider everything you want to protect — your possessions, investments – as well as your car and family and then determine if they will qualify for coverage.

This information will help clarify which policies, coverage options, and coverage limits serve you best.

Allstate lets you shop anonymously. Our Ballpark Estimate Tool; can get you started without even having to give your name or other personal information.

Reworking an Existing Policy

If you’re changing or upgrading an existing policy, or switching providers, make sure you know the ins and outs of your current coverage. The Policy Declarations (which is part of your current policy) is a great place to start.

And if you’re shopping around, make sure the policy specifics, such as coverages and coverage limits, are truly the same. (You want to be comparing apples to apples, not apples to carrot sticks.)

Finding the Right Insurance Company

Insurance isn’t just about price. It’s about protection.

You’re giving valuable business to your chosen provider. So make sure you feel good about them. Are you getting the right insurance protection possible for the money? Will your claims process be smooth? Is the company responsive and available? How knowledgeable and experienced are their agents and staff? ... Choose a company that lets you feel safe, listened to, valued, and supported.

If you still have questions, our Bumper-to-Bumper Basics SM virtual guides can give you the inside scoop on car insurance, quickly and easily.  http://www.allstate.com/insurance-industry-news/general-insurance-news/i-know-i-need-auto-insurance-but-where-do-i-start-800345961.aspx Mon, 17 May 2010 08:50:55 http://www.allstate.com/insurance-industry-news/general-insurance-news/fall-road-trips-where-can-i-find-fall-foliage-now-800320337.aspx Few events rival the charm of a scenic driving tour of fall foliage at its peak. While fall gently fades, there's still time to catch vibrant fall foliage in many parts of the United States.

Consider packing up the car and heading on a road trip toward parts unknown for a weekend adventure. You may be just a few hours drive from beautiful landscapes, fun activities, and a much-needed break from your day-to-day routine. Find a location near you from the lists below to enjoy the turning of the leaves without breaking your budget.

Peaking Now

The Farmer's Almanac reports that the states below are just reaching peak color over the next few weeks (from late October):

Arkansas (Ozarks)

California (northern)

Connecticut

Illinois (southern)

Indiana (southern)

Kentucky (western)

Maryland (inland)

Massachusetts (coastal)

Missouri (southern)

New Jersey (inland)

North Carolina (inland)

Oregon

Rhode Island

Tennessee

Virginia (inland)

Washington

Peaking Soon

If you can't take off this weekend, consider heading to one the states below, as The Farmer's Almanac says they should reach their peak color the last week of October and the first week of November:

Alabama

Arizona

Arkansas

Delaware

Georgia (northern)

Maryland (coastal)

Mississippi (northern)

New Jersey (coastal)

North Carolina (coastal)

South Carolina, Virginia (coastal)

Alabama

It's a long drive. Stretch your legs.

After driving for a good piece, you may want to head out for a rousing hike and experience fall foliage from a new vantage point. State and national parks are great areas to enjoy crisp fall weather with a stroll or picnic.

In addition, one of the most famous hiking trails in the country, the Appalachian Trail, passes through Georgia, North Carolina, Virginia, West Virginia, Maryland, New Jersey, and Connecticut—among others. Dotted with amenities and rest stops geared to many types of hiker, the Appalachian Trail may be an ideal landing spot for your trip.

What do I need to know before I leave?

Plan and prepare just as you would for any other road trip. Your vehicle should be road safe, and able to get you there and back with ease. Don't forget your camera or video equipment.

So jump in the car and enjoy the fall leaves in all their glory this season.

You can find travel resources at Allstate Motor Club or on each state's tourism website.  http://www.allstate.com/insurance-industry-news/general-insurance-news/fall-road-trips-where-can-i-find-fall-foliage-now-800320337.aspx Thu, 06 May 2010 16:47:36 http://www.allstate.com/insurance-industry-news/general-insurance-news/i-dont-have-that-much-stuff-do-i-need-renters-insurance-800327215.aspx Maybe you just moved cross-country and only brought what would fit in your car. Or maybe you love the minimalist lifestyle. Either way, it's understandable that you'd question insuring the stuff that barely fills your closets and drawers.

Here's the thing: If you had to replace that stuff after a fire or a burglary, the costs could easily reach the thousands. Think about how long you've spent gathering your furniture, kitchen stuff, appliances, and wardrobe—not to mention your computer and other electronics. Even if you've only spent a few hundred a year on this stuff, having to respend all that money at one time will probably bust your budget.

There's something else: Renter's insurance offers liability protection. Say you have some friends over and someone takes a spill and has to go to the hospital. You might turn out to be legally responsible for helping pay their medical bills. Of course, you don't expect a friend to sue you. But with renter's insurance, you'll have liability protection that may help pay for their medical treatment—helping both you and your buddy.

If you're still on the fence, at least try getting a renter's insurance quote. Chances are, it costs a lot less than you think. And having less stuff to insure will lower the cost even further.  http://www.allstate.com/insurance-industry-news/general-insurance-news/i-dont-have-that-much-stuff-do-i-need-renters-insurance-800327215.aspx Thu, 06 May 2010 11:00:06 http://www.allstate.com/insurance-industry-news/general-insurance-news/will-my-rates-be-affected-if-i-have-a-few-accidents-on-my-driving-record-800333826.aspx Your driving record is a summary of your life on the road. It's also a mathematically accurate predictor of your general risk profile - meaning, what's happened in the past is a good predictor of the future. Which is why your driving record has a direct effect on your premiums.

If you have a few accidents on your record, your higher risk-profile will likely mean higher premiums. But you also have the power to change your risk category: Changing your driving habits and behavior on the road - or taking a special driving course or two - can help clean up your record, and ultimately bring down your premiums.

Bottom line, when we're evaluating a customer's risk profile, we take many things into careful consideration. We also realize that nobody's perfect. We're committed to providing all our customers with the lowest rates they can qualify for.  http://www.allstate.com/insurance-industry-news/general-insurance-news/will-my-rates-be-affected-if-i-have-a-few-accidents-on-my-driving-record-800333826.aspx Wed, 05 May 2010 17:25:34 http://www.allstate.com/insurance-industry-news/general-insurance-news/what-kind-of-insurance-do-i-need-for-my-pool-800333817.aspx Pools are a great way to cool off and relax during the summer months. Lots of great childhood and adult memories are made at parties and lazy afternoons every day. But with a pool comes extra safety risk, whether it's a tiny kiddie pool to a full-sized Olympic facility.

The pool at your property should be installed correctly and meet or exceed all the local safety standards and building codes in your city. In addition to making sure it's as safe as it can be, you also want to make sure you're carrying the right kind and right amount of insurance.

While there may not be a special "pool insurance" coverage that you can get for your homeowner's insurance, having a pool may affect how much liability coverage you have on your policy. In some instances, there may even be "pool exclusions" in a policy. Since adding a pool can increase the risk of injury on your property, there may be a greater chance that you might have to pay someone's medical expenses or that someone may sue you for damages.

Therefore, you should consider checking and/or increasing your liability coverage above and beyond the minimum levels if you're a pool owner.

In addition, you might want to look into an Umbrella Insurance Policy if they're available in your state. An umbrella policy typically provides you with a large amount of additional coverage beyond what you have on your other insurance policies.

For instance, a few hundred dollars a year may allow you to get up to $1 million in additional liability protection beyond your existing auto and/or property insurance coverages. If it's available in your state, this can really help to better protect you financially from broader liability risks whether you're on the road or in your home. http://www.allstate.com/insurance-industry-news/general-insurance-news/what-kind-of-insurance-do-i-need-for-my-pool-800333817.aspx Wed, 05 May 2010 17:22:41 http://www.allstate.com/insurance-industry-news/general-insurance-news/do-i-need-to-insure-my-personal-watercraft-in-winter-800333808.aspx While preparing to store your personal watercraft (PWC) for the winter, you may wonder if it needs insurance when you aren't using it. Even though your PWC may hibernate for the season, it still needs protection.

Since PWC's are not included in your homeowner's insurance, you probably already have some form of PWC insurance. However, it's important to make sure you have all your ducks in a row.

There are generally three types of PWC insurance:
Medical Payments Coverage pays for medical expenses if the PWC driver and/or passenger are injured.
Watercraft Liability Coverage pays for property damage or injuries to someone else.
Physical Damage Coverage is an optional coverage that protects your PWC when it’s not in the water.

Do I Need Physical Damage Coverage?

While it is optional, Physical Damage Coverage protects your PWC while it's in storage in case of theft, vandalism, fire, or natural disaster. It also covers your PWC during hauling and loading the craft from storage to the dock, and from the dock to the water—and back again. No matter how safely you drive, no matter where it's stored or how carefully you wrap it up for winter, accidents can ruin your plans.

Since you choose your deductible and coverage amounts, you have flexible options for your individual needs and budget. Insurance during the winter can ensure your summer runs the way you want!

Learn more about Allstate's Boat Insurance here or call 1-800-467-2628 to get a quote. You can also find an agent. Any way you choose, you'll see how affordable Allstate quality can be.  http://www.allstate.com/insurance-industry-news/general-insurance-news/do-i-need-to-insure-my-personal-watercraft-in-winter-800333808.aspx Wed, 05 May 2010 17:20:31 http://www.allstate.com/insurance-industry-news/general-insurance-news/whats-gps-800333805.aspx The Global Positioning System (GPS) is a satellite-based navigation system made up of a network of satellites placed into orbit by the U.S. Department of Defense. GPS is a global system that works all day, every day, in any weather. There are no fees for using GPS signals. You only pay for the cost of a GPS unit.

Why should I get GPS?

With a GPS, you can improve your driving safety because:

You rarely get lost. GPS reduces your need to look for landmarks or street signs, and will re-map your route if you get lost.

You don't need a map. Instead of wrestling with paper maps, GPS contains all the maps you'll need and will read them to you.

You know what's up ahead. GPS will tell you well ahead of time when you need to turn, change lanes, or get ready to exit a highway. This is especially helpful at night or during low visibility.

You can find help faster. Many GPS units include hands-free calling and special buttons to get directions to the nearest police, hospital, or garage, so you know where to get help if you need it.

What Not to Do

Don't watch the screen. New users tend to stare at the GPS screen too long. Keep your focus on the road to be safe.

Don't program the GPS while moving. It's very dangerous to program a route while driving. Always enter your destination before you move your vehicle. To re-program a route, pull over in a safe area and stop.

Don't leave it out. A portable GPS is like a fancy car stereo: easy to steal. Hide it well or take it with you when you leave your vehicle.

GPS Tips

Mount it securely. Make sure your GPS is mounted securely so it doesn't come loose in a crash. Avoid suction cup or bean-bag mounts. Be sure to place the mount out of the way of the air bags.

Place it properly. GPS must be mounted near the windshield to receive satellite signals. Some units may be placed lower down in the vehicle depending on the antenna. Mount the unit so it doesn't block your view of the road, but you can see the screen easily.

Use the voice directions. It's much safer to listen to the directions than to repeatedly look at the unit. Treat a GPS like any other gauge on the dashboard if you need to look at the screen.

When used properly, GPS is a wonderful driving companion that can make your trip safer, shorter, and sweeter.

Allstate Motor Club can help you plan your trip and offers roadside assistance to make your vacation run smoother.  http://www.allstate.com/insurance-industry-news/general-insurance-news/whats-gps-800333805.aspx Wed, 05 May 2010 17:17:39 http://www.allstate.com/insurance-industry-news/general-insurance-news/is-my-car-insured-if-my-babysitter-whos-not-on-my-policy-is-driving-800336433.aspx Auto insurance is designed to follow the car, which means that the coverage you purchased for your vehicle will cover the car regardless of who’s driving it.

That said, in order to be fully covered by your policy (under what’s called the non-owned auto provision), your babysitter must have permission (verbal or written) to drive your insured vehicle.

Your babysitter must be an occasional driver only, not a regular driver or user of the vehicle. If they get into an accident while driving your car (and considering they had your permission to drive the car at the time of the accident), your auto insurance will be considered the primary coverage in any accident-related claim that's made. Your babysitter's car insurance coverage (if s/he's covered under his or her own policy, or that of a parent) will be considered a secondary coverage, and will only activate if damage claims exceed the limits of your own policy.

Insurance is subject to availability and qualifications. Coverage is subject to the terms, conditions, limitations and exclusions of the policy. Please read an Allstate policy for full coverage details. Only you can decide what's best for your unique situation.  http://www.allstate.com/insurance-industry-news/general-insurance-news/is-my-car-insured-if-my-babysitter-whos-not-on-my-policy-is-driving-800336433.aspx Wed, 05 May 2010 16:24:12 http://www.allstate.com/insurance-industry-news/general-insurance-news/scenic-road-trips-in-vermont-800320329.aspx Scenic Road Trips in Vermont

Looking for a leisurely road trip through rolling hills and vibrant scenery dotted with old time covered bridges? Known for its colorful fall foliage, abundant maple syrup, and steep ski slopes, Vermont is a road trippers dream. At only 159 miles long and 89 miles wide, you could explore the entire state in a weekend. But you would still only scratch the surface of what Vermont has to offer.

What is there to see?

Vermont features two major interstates and a well-maintained network of state highways to make driving a breeze. Your first stop should be at one of Vermont's many official welcome centers. They will ease your visit as staffers can help you with directions, reservations, and travel information.

Beautiful Vistas

If you enjoy scenic road trips, about three fourths of the state is covered by forest—the main reason Vermont is a popular "leaf peeper" destination. The National Park Service maintains the Marsh-Billings-Rockefeller National Historical Park (in Woodstock) and the Appalachian National Scenic Trail.

Almost every highway includes breathtaking scenery. Highway 89 provides stunning views of the Green Mountains that give Vermont its name. Route 7 south out of Burlington offers views of Lake Champlain and Adirondack Mountains beyond. Route 4 will take you into the heart of the Green Mountains. The town of Killington sits near the crossroads of the Appalachian and Long trails. Plus, some of the best skiing in New England can be found here.

Old World Charm

Forbes magazine selected Burlington, Vermont's largest city, as one of the "prettiest" cities in 2009, mentioning its "brick pedestrian marketplace and iconic white church steeples." It's a must-see stop on any tour of the state with its charming shops, tasty restaurants, and friendly locals.

Vermont also is known for having the most covered bridges of any state in the U.S. There are around 100 covered bridges remaining, down from more than 600 a century ago. Due to diligent effort by preservationist societies, most of these covered bridges are still in use.

Head north along Route 100 to enjoy Ben & Jerry's Ice Cream Factory, a Cabot Creamery, and the Cold Hollow Cider Mill. All fun places for the family to take a break from the road.

Festivals

There's always something interesting happening in Vermont. Just a few of their festive events include the Vermont Maple Festival, Festival on the Green, the Enosburg Falls Dairy Festival, the Apple Festival, the Marlboro Music Festival, and the Vermont Mozart Festival.

The Brattleboro-based Vermont Theatre Company features an annual summer Shakespeare festival. And Brattleboro also hosts "Strolling of the Heifers" every summer, which celebrates Vermont's dairy farmers. Montpelier, the state capital, hosts the annual Green Mountain Film Festival.

Not to be outdone by other times of the year, the holiday season offer its own special events. The Bennington Museum presents The Festival of Trees from November 22 through December 11, featuring over 80 decorated holiday trees on display.

The Park-McCullough Historic House in North Bennington hosts a Victorian Christmas in the Mansion, featuring holiday greenery and seasonal decorations for Victorian teas, with performances by local musicians. There's even carol singing on Sundays during the season.

Plan Your Trip

This is just a small taste of the rich road trip options Vermont has to offer. For complete vacation information, visit Vermont's official tourism site. Check on the current road conditions to help plan your trip and prepare your car.

Visit Vistateparks for comprehensive listings of Vermont's state parks and don't forget to enjoy the drive.

Don't forget to join Allstate Motor Club for trip planning and roadside assistance to make your vacation run smoothly.  http://www.allstate.com/insurance-industry-news/general-insurance-news/scenic-road-trips-in-vermont-800320329.aspx Mon, 03 May 2010 16:38:38 http://www.allstate.com/insurance-industry-news/general-insurance-news/will-my-homeowners-insurance-cover-me-if-my-dog-bites-someone-800320076.aspx No matter how well-mannered your pup is, it's always smart to think ahead. Of course, each dog-bite situation is unique and would be examined on a case-by-case basis. But in general, you may be covered if your dog bites a guest or someone else on your property.

Many home insurance policies typically include coverage specifically for injuries to your guests. If so, it could help cover your guest's medical expenses if they need treatment for the bite.

Keep in mind that the laws about dog bites are different from state to state, and certain breeds of dogs may be excluded from coverage. To make sure you're covered, it's a good idea to talk to your agent. http://www.allstate.com/insurance-industry-news/general-insurance-news/will-my-homeowners-insurance-cover-me-if-my-dog-bites-someone-800320076.aspx Sun, 02 May 2010 12:37:17 http://www.allstate.com/insurance-industry-news/general-insurance-news/am-i-covered-if-a-tree-falls-on-my-car-while-its-parked-800346805.aspx Comprehensive Coverage, is designed for just such a situation. Comprehensive Coverage applies when a car's been damaged by either a natural or civil disturbance (such as a hail storm, a falling tree, or an act of vandalism). Comprehensive Coverage also covers damage such as a broken window or windshield, as well as any damage sustained if you accidentally hit an animal while driving.

If you've included Comprehensive Coverage on your auto insurance policy, you'll be protected from the repair costs once you've paid your deductible. (Or, depending on the damage, you'll be paid the actual cash value of your car if it's deemed a total loss.)  http://www.allstate.com/insurance-industry-news/general-insurance-news/am-i-covered-if-a-tree-falls-on-my-car-while-its-parked-800346805.aspx Sun, 02 May 2010 11:45:18 http://www.allstate.com/insurance-industry-news/general-insurance-news/what-exactly-affects-my-insurance-scores-and-why-does-my-credit-history-matter-to-insurance-companies-800346216.aspx Your insurance score is a snapshot of how safe or risky you are to insure, and most insurance companies use it to help figure out your premium.

One of the factors used to figure out your insurance score is your credit history. To understand your score, you need to first understand your credit history.

Credit History

Your credit history is a thorough record of your financial data: your lenders (credit card companies, banks, etc.), credit limits (including any requests for limit increases), purchases, payments, as well as your outstanding debts and balances. Your payment history is also reflected in your credit history.

Credit Report

Your credit report compiles your credit history data, along with information gathered from credit card companies, banks, the court system, debt collection agencies, and similar public records.

Your report reflects a great deal of information, whether you’ve got a picture perfect financial history or one that includes challenges like liens and bankruptcy.

Account History

Your account history is a section of your credit report that contains exhaustive details about your credit and loan accounts, including your payment history.

For many companies, your account history is the most important part of your credit report. This is because it answers questions such as: How and when do you pay your bills? Do you pay on time? Do you pay the full amount? And do you carry a large debt in the face of a high credit limit?

What other factors go into my insurance score?

To get a complete picture, insurance companies look at all sorts of different factors. We never see your credit score, since we’re not evaluating your credit worthiness. We simply use elements that have proven effective in predicting insurance losses. Things like:

• Your payment history: Have you made late payments or missed a payment?

• Length of credit history: How long have you been using credit?

• Your current balance on each account compared to your highest balance: For example, if you had high credit card balances before are they lower now?

• Number of credit accounts: How many accounts do you have? This may include credit card accounts or installment loans.

• Credit inquiries: How often have lenders made inquiries into your credit report? This does not include “soft inquiries,” such as when a company reviews your credit report to make a promotional offer. (Credit inquiries are not used in all states.)

• Bankruptcies, foreclosures and other collection activity (Bankruptcy information is not used in all states.)

For more information about how we use your credit information, click here: http://www.allstate.com/about/credit.aspx

At Allstate, our evaluation system is one of the most sophisticated in the industry, which ultimately means we’re able to insure more people, and insure them well. It’s just one more way we’re working to keep you in Good Hands® http://www.allstate.com/insurance-industry-news/general-insurance-news/what-exactly-affects-my-insurance-scores-and-why-does-my-credit-history-matter-to-insurance-companies-800346216.aspx Sun, 25 Apr 2010 09:59:12 http://www.allstate.com/insurance-industry-news/general-insurance-news/what-do-i-do-if-ive-just-gotten-into-an-accident-800346202.aspx Protect yourself first and foremost. Guard your safety and well-being in the moments after an accident. Listen to your body: if it hurts, don’t move it. If it’s safe to move, get yourself to a place that’s away from danger. Use your cell phone or the nearest callbox to get help. And, of course, dial 911 immediately if there are serious injuries.

Alert authorities by calling local law enforcement, even if the accident seems minor. You may need a copy of the police report later.

Protect your vehicle from further damage. If your car was directly involved in the accident, don’t attempt to drive it — even to a repair shop. Instead, get your car out of the roadway safely as soon as possible (if road, traffic, and weather conditions permit it).

Obtain driver information from those involved. If it’s safe, exchange insurance policy information with the other driver(s): make a note of their insurance company and policy number. Most important, exchange licenses. Copy down driver license numbers and addresses. Ask the other driver(s) if the information on their license is current and correct, and always ask for current contact numbers (landline and cell).

Obtain vehicle information next. Write down the make, model, year, license-plate number and insurance information for every car involved in the accident.

Passengers, witnesses, and others involved should also be noted. Write down the total number of people involved in the accident, taking into account other drivers, all involved passengers, injured parties, and witnesses. Get names and contact numbers, if possible.

Local law enforcement should be called to the scene. When they arrive, ask the attending officer for the police-report number assigned to your case, as well as the accident’s jurisdiction. It can be smart to also get the officer’s name and badge number.

Let Allstate know about the accident as soon as possible. You can call your Allstate agent from the scene, or call 1-800-Allstate® for help with towing options and costs, or to obtain the address of the nearest PRO shop.

Finally, if you’re traveling with a camera or camera phone, it’s a good idea to take pictures at the scene. Get shots of any vehicle damage, license plates, and people claiming to be injured. This kind of documentation may help later with your claim.  http://www.allstate.com/insurance-industry-news/general-insurance-news/what-do-i-do-if-ive-just-gotten-into-an-accident-800346202.aspx Sat, 17 Apr 2010 09:54:29 http://www.allstate.com/insurance-industry-news/general-insurance-news/how-does-my-deductible-affect-my-premium-800346475.aspx Your premium is the amount you pay Allstate either twice a year, or in installments throughout the year.

Your deductible is the amount of money you've agreed to pay out-of-pocket when you make a claim covered by your policy.

For instance, let's say you get into an accident and the repairs to your car are going to cost $1,500. If you've set your deductible at $500, then you'll pay the first $500, and we'll pay the remaining $1,000 to get your car fixed and back on the road. Alternately, if your accident results in, say, $500 worth of damage (or less), you'll pay for all of the repairs, as those costs fall within the amount of your set deductible.

A lower deductible means you'll be spending less out-of-pocket and we'll be covering more of the repair costs after an accident. So a lower deductible means a higher premium (to offset that added coverage). By the same logic, increasing your deductible can usually help bring your premiums down.  http://www.allstate.com/insurance-industry-news/general-insurance-news/how-does-my-deductible-affect-my-premium-800346475.aspx Mon, 12 Apr 2010 10:58:37 http://www.allstate.com/insurance-industry-news/general-insurance-news/should-i-buy-more-insurance-than-my-state-requires-800345988.aspx State laws may not reflect the coverage that’s right for you, which is why state required minimum limits could leave you less protected than you want to be.

As a licensed driver, you’re required by state law to carry auto insurance. The minimum amount of coverage a driver is required to carry by law is what’s known as the “Financial Responsibility Limit” for your state. But this may not be the best way to gauge the amount of coverage that’s right for you.

To learn more about what’s required in your state, click here.

Protection for Others Only

State laws and state requirements can vary widely. However, there are certain similarities. For instance, all states require that you carry a certain level of "third party" liability insurance. Third party liability coverage means accident-related bodily injury and/or property damage costs will be paid for victims other than yourself. Third party liability will not cover any of your own medical or repair costs.

Protecting your Family and Assets

Each person's individual situation is different. State required minimum limits may not provide enough insurance to protect all that you need and want to protect with an auto insurance policy. Therefore, you should carefully consider whether these minimum limits are enough for you. In the event of an accident-related lawsuit, your home, income, savings, and Investments could be at risk. In worst-case scenarios, if you're found to be at fault in an accident, state required minimum limits might also leave you exposed to costs related to an accident-related death.

Going Beyond the Minimum

Carrying a policy that adheres only to state minimums will keep you in compliance with the law, but it may expose you to risks greater than your comfort-level. For that reason, you might want to use your state minimums as a guide — one that can help you build a policy that best suits your needs, your income, and the things and people you want to protect.

You can get a Ballpark Estimate right away, without even having to give your name or other personal information. Or, get a free personal auto-insurance quote right now from a licensed insurance professional — it’s quick and easy. Just call 1-866-621-6900. Either way, you'll see how affordable Allstate quality can be.  http://www.allstate.com/insurance-industry-news/general-insurance-news/should-i-buy-more-insurance-than-my-state-requires-800345988.aspx Sat, 10 Apr 2010 08:58:03 http://www.allstate.com/insurance-industry-news/general-insurance-news/are-there-things-i-can-do-to-lower-my-premiums-800346441.aspx Many factors affect your premiums: some are factors you can control, others are factors you can’t control. Let’s focus on the factors you can control.

Probably the easiest way to affect your premiums is to reexamine and adjust your policy. For example, raising your deductible amounts, or changing your coverage options or limits might immediately bring your premiums down. But always talk to an Allstate agent or licensed representative before making changes like this as they might impact your insurance protection.

You might also be eligible for certain discounts that can add up to additional savings.

And when it comes to what you drive, certain cars cost more to insure than others. So do some research before you buy that new (or new-to-you) car. Make sure you’re getting the all-around best deal—both for your purchase, and for your policy.

You can’t control your age, but it can give you some options for cost-cutting. If you’re a teen or young adult driver, getting good grades and/or taking a defensive driving course may help offset high premiums. If you’re 55 or older, you may also qualify for a discount by taking a defensive driving course.  http://www.allstate.com/insurance-industry-news/general-insurance-news/are-there-things-i-can-do-to-lower-my-premiums-800346441.aspx Wed, 07 Apr 2010 10:51:46 http://www.allstate.com/insurance-industry-news/general-insurance-news/how-is-my-premium-calculated-800346069.aspx Many factors combine to create your premium. We can help demystify things, and explain what’s behind the most complex number in your policy.

Premiums can vary widely from person to person, policy to policy. To better understand how your premium is calculated, let’s start with the basics.

Your Premium in a Nutshell

Your premium is the amount you pay Allstate that covers everything needed to keep your policy active.

Your premium is calculated using different factors and variables, the most important of which is the policy or package you carry (the more options, the more coverage, the higher the premium). The coverage limits you specify also play a role. 

Your Car, Your Needs

Your auto insurance premium reflects things like the make, model, and year of your insured car(s), the number of insured vehicles on your policy, and the number of insured people on your policy (for instance, adding a teen driver might increase your premium).

Coverage Limit

Your coverage limit is the highest dollar amount Allstate may pay if you make a claim on a covered loss (that’s insurance terminology for any damages that fall within the bounds of your policy).

The higher your coverage limit, the more coverage you’ll receive, but you’ll generally pay higher premiums for that coverage. (Lowering your coverage limits typically lowers your premiums. Talk to your agent to see if you can save money.)

Deductible Amount

Your deductible is the amount of money you’ve agreed to pay on your own when you make a claim that’s covered by your policy.

For example, let’s say damage repairs total $1,500. If your deductible is set at $500, then you’ll pay the first $500, and we’ll pay the remaining $1,000 to get your car fixed and back on the road. Alternately, if your accident results in, say, $500 worth of damage (or less), you’ll cover all repair costs, as the amount falls within your set deductible.

A lower deductible means you’ll pay less out-of-pocket after an accident; however, this increased coverage will result in a higher premium. (Alternately, increasing your deductible can help bring your premiums down, but will also increase your out-of-pocket expenses.)

Driving Record

Your DMV (Department of Motor Vehicles) record is a lot like a résumé for the road. It documents your driving record. So your “road résumé” can have a definite effect on your premium.

When evaluating your road résumé, in most states, we’ll look at the last 36 months on record. (If we’re investigating past accidents, we may look at the past 60 months on record.) A clean driving record means you’ll likely pay a lower premium, as well as qualify for money-saving discounts as a result of your safe driving.

Alternately, if you have a number of moving violations, accidents, or previous insurance claims within that time period, you may have to pay a higher premium to cover the additional risk associated with poor driving records.

Insurance Score

Outside of your specific policy features, one of the most important factors used to determine your premium is your insurance score, which is based on information contained in your credit report.

Your insurance score is an excellent predictor of the insurance losses you may incur in the future. If you’re a customer who’s less likely to incur insurance losses, these scores also help us reward you with lower premiums.

Some of the factors that help determine your insurance score include: long-established relationships with credit lenders, low debt balances, a low number of recently-opened accounts, and a low number of requests for higher credit limits or additional credit.

Insurance scores also take into consideration things like bankruptcies, judgments, collections, and delinquencies. And we’ll evaluate all of these variables in a very grounded, balanced way, allowing positive factors to outweigh negative ones for a solid overall rating. (These factors may vary from state to state.)

For more information about how we use your credit information, click here: http://www.allstate.com/about/credit.aspx

As you can see, a lot of different things work together to determine your premium. If you still have questions, or if you’d like to make any changes to your policy, talk to your Allstate agent or call 1-800- ALLSTATE® and one of our qualified, knowledgeable insurance representatives will be delighted to help. http://www.allstate.com/insurance-industry-news/general-insurance-news/how-is-my-premium-calculated-800346069.aspx Tue, 23 Mar 2010 09:22:49 http://www.allstate.com/insurance-industry-news/general-insurance-news/do-i-need-insurance-for-a-used-car-800346737.aspx Laws in most states require that you carry coverage for a used car. However, you may be able to save on certain options.

Whether you're driving a new car, a certified pre-owned vehicle, or an older used car, you'll need to purchase an auto insurance policy before you take to the road. However, the specific kind of insurance, as well as the coverage amounts, can vary depending on your needs, comfort zones, and the value of your vehicle.

Beyond the Minimum

As a licensed driver, you're required by state law to carry auto insurance. The minimum amount of coverage a driver is required to carry by law is what's known as the "Financial Responsibility Limit" for your state. But this may not be the best way to gauge the amount of coverage that's right for you.

For instance, all states require that you carry a certain level of "third party" liability insurance. Third party liability coverage means accident-related bodily injury and/or property damage costs will be paid for victims other than yourself. Third party liability will not cover any of your own medical or repair costs.

Carrying a policy that adheres only to state minimums will keep you in compliance with the law, but it may expose you to risks greater than your comfort-level. For that reason, you might want to use your state minimums as a guide — one that can help you build a policy that best suits your needs, your income, and the things and people you want to protect.

Our Bumper-to-Bumper BasicsSM virtual guides can help clear any confusion you might have about these various coverage options, and help you decide on an auto insurance policy that makes sense for you.

Value Versus Protection

Collision Coverage and Comprehensive Coverage are fairly standard on most auto insurance policies, even though this type of coverage is optional in most states.

Taken together, Collision Coverage and Comprehensive Coverage help cover damage caused by other vehicles, stationary objects, storms, vandalism, or theft (among other things). Because some of these losses can be expensive, it's important to know the true value of your used vehicle.

For instance, if your used car is worth less than, say, $1,000, having a low Collision Coverage or Comprehensive Coverage deductible may be more cost than it's worth. If you make a claim, even if your vehicle was deemed a total loss, the maximum amount you'd receive would be the actual value of the car (which accounts for depreciation), minus your deductible. This relatively small settlement amount may be worth far less than the amount you'll be paying in premiums. Adjusting your deductibles, or eliminating Comprehensive Coverage and Collision Coverage entirely, may be a way to save money on a used car.

Your Allstate agent can help you crunch the numbers, and make any necessary cost-saving adjustments to your auto insurance policy. Alternately, any of our knowledgeable, licensed insurance representatives can help you 24 / 7, 365. Give them a call at 1-866-621-6900.  http://www.allstate.com/insurance-industry-news/general-insurance-news/do-i-need-insurance-for-a-used-car-800346737.aspx Wed, 17 Mar 2010 11:29:03 http://www.allstate.com/insurance-industry-news/general-insurance-news/do-i-really-need-auto-insurance-800345944.aspx Auto insurance not only helps protect you from unexpected medical and repair costs due to a car accident, it can even help shield you from the financial uncertainty of accident-related lawsuits. In many states, it’s also the law.

If you own or lease a car, auto insurance is as necessary as the fuel in your gas tank. Auto insurance helps:

• Ensure compliance with the law

• Provide protection for you, your family, and your hard-earned assets

• Contribute to financial protection from accident-related lawsuits

• You feel secure and prepared for the unexpected.

Compliance With the Law

In most states, it’s illegal to drive without active insurance coverage, and fines for doing so can be steep. Auto insurance keeps you in good standing with the law and protects you from hefty penalties.

To find out about your state’s unique requirements, contact your local DMV (Department of Motor Vehicles). This simple table also highlights some basic state requirements.

Protection for You, Your Family, and Your Hard-Earned Assets

Beyond the law, auto insurance is a powerful tool that can help:

• Pay for accident-related medical care for you, your family, or others you’ve injured

• Pay for accident-related repairs to your car

• Pay for accident-related medical care and accident-related repairs to your car caused by an uninsured or underinsured motorists

• Provide financial protection from accident-related lawsuits.

Auto insurance can even help protect you from damage repairs due to theft, vandalism, and natural disasters.

To get the best protection possible, make sure you understand your unique insurance needs: know what you need to protect, and how each coverage option applies (or doesn’t apply) to your life, and your budget.

You can get a Ballpark Estimate right away, without even having to give your name other personal information. Or, call 1-866-621-6900 to get a quote. Either way, you’ll see how affordable Allstate quality can be.  http://www.allstate.com/insurance-industry-news/general-insurance-news/do-i-really-need-auto-insurance-800345944.aspx Wed, 17 Mar 2010 08:41:23 http://www.allstate.com/insurance-industry-news/general-insurance-news/i-work-from-homeis-my-business-equipment-covered-800346997.aspx Whether you telecommute for your job or own a business you run out of your home, chances are you've got some equipment—like a computer, or a camera if you're a photographer.

If you've got Your Choice Home through Allstate, you can add Home Enterprise Coverage to your policy. It covers equipment and furnishings up to $5,000, and includes liability protection, which typically pays the costs if someone gets injured while doing business with you. And, if you lose important electronic data, you can get reimbursed for the costs of recovering it with up to $5,000 Electronic Data expense protection. http://www.allstate.com/insurance-industry-news/general-insurance-news/i-work-from-homeis-my-business-equipment-covered-800346997.aspx Sun, 17 Jan 2010 12:01:36 http://www.allstate.com/insurance-industry-news/general-insurance-news/should-i-put-my-babysitter-on-my-auto-insurance-policy-800346539.aspx Auto insurance is designed to follow the car, which means that the coverage you purchased for your vehicle will cover the car regardless of who’s driving it.

That said, in order to be fully covered by your policy (under what’s called the non-owned auto provision), your babysitter must have permission (verbal or written) to drive your insured vehicle.

Under the above provision, your babysitter must be an occasional driver only, not a regular driver or user of the vehicle. If, however, your babysitter is a regular driver of your car, you may want to talk to your Allstate agent about adding your sitter to your policy as a non-principal operator of your vehicle.

If your sitter gets into an accident while driving your car (and considering s/he had your permission to drive the car at the time of the accident), your auto insurance will be considered the primary coverage in any accident-related claim that’s made. Your sitter’s insurance coverage (if s/he’s covered under his or her own policy, or that of a parent) will be considered a secondary coverage, and will only activate if damage claims exceed the limits of your own policy.

Insurance is subject to availability and qualifications. Coverage is subject to the terms, conditions, limitations and exclusions of the policy. Please read an Allstate policy for full coverage details. Only you can decide what's best for your unique situation.  http://www.allstate.com/insurance-industry-news/general-insurance-news/should-i-put-my-babysitter-on-my-auto-insurance-policy-800346539.aspx Sun, 17 Jan 2010 11:14:07 http://www.allstate.com/insurance-industry-news/general-insurance-news/what-cars-cost-the-least-to-insure-800344832.aspx When lots of Americans buy their cars, they haggle and debate everything from interest rates to purchase price to gas mileage. But one thing most people take as a given is the cost of car insurance.

After all, it's legally required. You just have to take the price the insurance company gives you, right?

That's true to a certain extent, but you can help manage your insurance costs by choosing the right kind of car. Getting a great deal on a luxury car can still cost you in the long run. Insurance premiums for those kinds of cars can be higher than the average car. In some cases, you'll be paying double what you would on some of the nation's least expensive cars to insure.

In the spring of 2009, auto insurance premiums were dropping - down to $1,871 a year per car in May from the national average of $1,982 per car in October.

So how can you go way below the national average and come out ahead on your car insurance? The answer may be in purchasing or trading for one of these 10 cars.

10 Cheapest Cars to Insure (Source: Forbes)

1. Hyundai Santa Fe - $832
2. Kia Sportage - $840
3. Hyundai Entourage - $848
4. Kia Sedona - $857
5. Kia Rio5 - $870
6. Honda Odyssey - $871
7. Smart fortwo - $881
8. Saturn Vue - $911
9. Mazda Tribute - $913
10. Chrysler Town & Country - $915 http://www.allstate.com/insurance-industry-news/general-insurance-news/what-cars-cost-the-least-to-insure-800344832.aspx Thu, 14 Jan 2010 17:53:16 http://www.allstate.com/insurance-industry-news/general-insurance-news/will-tickets-have-an-impact-on-my-premiums-800346035.aspx Your driving record says a lot about you — it’s your résumé for the road. It’s also one of the first things that any insurance company will evaluate when considering you as a customer.

At Allstate, in many states, we’ll look at the last 36 months of your road résumé. (If we’re investigating past accidents, we may look at the past 60 months on record.) This and other important factors will help us calculate a premium that’s appropriate for how you drive. For instance, if you have a number of moving violations, accidents, or previous claims, we’ll happily insure you, but your coverage will require a higher premium than average. (Alternately, if you’ve stayed violation-, accident-, and claim-free over the past several years, you’ll likely qualify for one or more discounts.)

Unfortunately, moving violations have a noticeable effect on your insurance premiums. Which is why being safe on the road not only saves lives, it can help save you money, too. http://www.allstate.com/insurance-industry-news/general-insurance-news/will-tickets-have-an-impact-on-my-premiums-800346035.aspx Sun, 10 Jan 2010 09:07:09