Interesting News About Auto Thefts, Are You Driving a Target?

An Associated Press report released on March 21, 2007 brought up some interested issues about the increasing number of U.S. autos being stolen in Canada, especially in Montreal where a large number of New Englanders drive over for fun in the big city. Apparently the Canadian officials believe the increase theft of U.S. cars may be due to the recent insurance standards Canada has established about Auto Anti-Theft devices. The Canadian Auto Theft Deterrent Standard was created following extensive research all over the world. The research indicated the most effective anti-theft deterrent system for automobiles are electronic immobilizers. With the … Continue reading

Auto Insurance Policies 101: Optional Coverage-Comprehensive

Comprehensive automobile insurance coverage is very similar to collision insurance, because it covers the damage to your own vehicle and is not required under state insurance laws. Loan companies will request to be named as a lien holder on the insurance policy for a financed car and in many cases will set a maximum deductible for any damages covered by a comprehensive loss. The difference between collision insurance and comprehensive coverage is what causes the damage. With collision insurance the damages you cause in an at fault accident to your own car are covered and with comprehensive insurance damages caused … Continue reading