Is it true that red car owners have more speeding tickets than people whose cars are colored differently? Does your insurance company set rates according to the color of your car’s body? Have colors have anything to do with the likelihood of car accident occurrence? These are questions you have asked yourself at least once. Are the red cars really fast? You have definitely heard numerous rumors telling about red cars being ticketed far more often and costing more to insure than cars of any other color, even if there’s no statistical proof of such information. Because there’s no...
According to The Beatles, “It was twenty years ago today, Sgt. Pepper taught the band to play.” So, in 1988, voters in California passed Proposition 103 which, as history tells us, proved to be one of the best Propositions they have voted for. Why? Because it pushed forward reform of the automobile insurance industry. The result? Evidence shows California has the most competitive market in the US with the slowest increase in premium rates. If you ever wondered what consumer protection should look like, California is the model all the other states should follow. Curiously, Illinois is...
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