 |
Topical Menu
Auto Insurance Issues
Pay Only As You Drive Auto Insurance Coming in 2009
2009 will bring pay-only-as-you-drive (PAYD) auto insurance policies to the marketplace. It is reported that 14 insurers are already committed to launching such products in the coming year. Many more will, no doubt, jump on board quickly to prevent losing policyholders to competing companies. Not everyone agrees this insurance is worthwhile for consumers. In this article, we'll recap the pros and cons of PAYD products.
Dec 12, 2008 - 1:36:02 PM
Topical Menu
Auto Manufacturing and Safety
Energy Management
Minor Impacts to Toyota Prius Cause Expensive Repair Bills
A recent series of low-speed crash tests were performed by the Insurance Institute for Highway Safety (IIHS) on twenty small cars. The tests shockingly revealed that it cost almost as much to repair a Toyota Prius as it does to repair a luxury car after a minor bump. IIHS senior vice president, Joe Nolen condemned carmaker's efforts to merge repairability with stylish designs by saying, "bumpers on most cars aren't worthy of the term...Small cars are supposed to be economical, but there's nothing economical about three or four thousand dollars in repairs after a low-speed collision." IIHS believes impacts such as these, which are typical of minor parking lot bumps, should not cause damage to cars. IIHS then worked with Tech-Cor, the research arm for Allstate Insurance to prove costs could be reduced without sacrificing style and minimal effort from auto manufacturers.
Sep 6, 2008 - 4:14:32 PM
Articles
Information for Body Shops
Steering
Keep This Job
Insurers are illegally trying to control the cost of repairs by steering consumers to particular shops, while at the same time, trying to distance themselves from any liability associated with negligent repairs. Chicago, Illinois attorney Patrick McGuire says insurance companies can't have it both ways. In this article, McGuire makes some suggestions body shops can iimplement to curb steering and end this abuse.
Dec 28, 2007 - 4:59:59 PM
Articles
Information for Body Shops
9 Steps To Protect Your Body Shop From Diminished Value Claims
Post-repair inspectors, on average, see proper collision repairs one time out of every 100 inspections. Sloppy auto repairs are on the rise - and due to insurers forcing shops to carry liability insurance policies with limits of one-million dollars or more, so are attorneys looking to hold shops accountable. But, auto body shops don't have to fear getting caught by auto inspectors or paying diminished value claims and soaring legal bills, if they perform high-quality repairs and follow sound business principles. In this article body shop owners and managers can learn nine steps to reduce the risk of litigation and costly payments for diminished value.
Dec 26, 2007 - 8:12:08 AM
Articles
Information for Body Shops
Marketing
Innovative Marketing of New Trucks Proves Profitable
Forget for a minute that this video is about vehicle sales and consider that it could be about selling any product - even services for that matter. If you are in business with a product or service to offer, picture yourself in this video as the star of the show - the one making sales in uncharacteristic ways as others holding to traditional methods go hungry! Think about the unusual and innovative things you can do to market your auto repair business to potential customers who might not have considered stopping by for an estimate.
Oct 26, 2007 - 11:41:40 AM
|
 |

|