New Report Shows Auto Insurance is More Affordable for Teens on Parents’ Plans

A new study conducted by found that 18-year-olds pay an average of 18 percent more for car insurance when they sign up for individual plans than they do when they remain on their parents’ policies. The report, which was just published earlier this week, also noted in some states, like Pennsylvania, that number rockets ... More

New Report Reveals How Marriage Affects Car Insurance Rates

A new report released by Consumer Federation of America earlier this week has revealed that married women pay less for car insurance than their single and widowed counterparts. According to Money Talks News, which assessed the findings on Tuesday, the CFA sought out auto insurance quotes in 10 different cities from several different ... More

4 Tips for Finding Cheap Car Insurance Online

Earlier this week, NerdWallet put together a handy new guide to help consumers find the cheapest car insurance rates online. According to the site, a little bit of Internet research can pay off big time, especially when you take into account the relatively small amount of time it takes to look around. But before you embark on your ... More

Auto Sales Set for Big Second Half of the Year

Industry experts are preparing for a big second half of the year after auto sales soared higher than expected in the first six months of 2015. "A couple of months ago we thought sales would start to level off and maybe pull back, but now we've changed our forecast," Jeff Schuster, Senior Vice President of Forecasting for the consulting firm ... More

New Study Shows Adding Teen Drivers Can Double a Family’s Car Insurance Premiums

Bad news for the parents of teenagers: A new study conducted by, which was released on Monday, found that the monthly premium a married couple pays for car insurance can jump by as much as 80 percent once a teen driver is added to the policy. The good news, however, is that there is some relief in sight for the families ... More

Red Car Auto Insurance Myth Debunked

There’s probably a pretty good chance you’ve heard the myth that red cars cost more to insure than vehicles of any other color. “For years there has been a notion that color plays a significant part in calculating insurance premium costs, many people believing that red cars cost more to insure because they are linked to aggressive ... More

Allstate Now Offering Auto Insurance for Uber Drivers

Allstate announced on Wednesday that it will now be offering auto insurance plans for drivers who pick up passengers via apps like Uber and Lyft. According to Chicago Business, the brand new Ride for Hire policy will come with a price tag of about $15 to $20 per month and will “provide coverage for drivers who get into accidents while ... More

Experts Suggest Driverless Cars Could Slash Auto Insurance Rates

As driverless cars continue to become more and more of a reality, experts suggest that we could eventually see auto insurance rates begin to drop. A recent study by RAND Corp. found that the increased safety benefits from self-driving cars – which promise to come with a reduced risk of accidents – are likely to lead to “a significant ... More

Wells Fargo Caps Subprime Auto Loans

Wells Fargo announced on Monday that it has put a cap on the amount of money it will loan to subprime borrowers. As reported by CNBC, according to execs, the San Francisco-based banking giant "is limiting the dollar volume of its subprime auto originations to 10 percent of its overall auto loan originations." Last year, that number was ... More

Phil Maloof Adds Extra Incentive to Penthouse Listing: A Lamborghini

Financial tycoon Phil Maloof listed his Las Vegas Palms Casino Resort penthouse for sale five months ago, but the $38 million abode hasn't received much attention from potential buyers. So now, Maloof has added an additional perk to the listing: a two-year lease on a 2015 Lamborghini Huracán, worth a reported $237,000. In addition to the ... More