Browsing: Vevehicle Insurance

Texas is eliminating mandatory vehicle inspections for most drivers beginning in 2025. This article answers common questions about the change and its potential impact on drivers.

Challenges with insurance costs, charging infrastructure, and a shortage of skilled mechanics are hindering the transition to electric vehicles in Australia, according to evidence presented to a parliamentary inquiry.

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The electric vehicle (EV) market is booming, presenting significant opportunities and hurdles for insurers as accident rates and repair costs rise.

OpenRoad Insurance, backed by Great American Insurance Group, announces its entry into the collector vehicle insurance market with a Texas launch and plans for a broader U.S. rollout later this summer.

Open Road Insurance LLC has launched as a managing general agency specializing in collector vehicle auto insurance, led by industry veteran Richard Hutchinson.

OpenRoad Insurance has launched a new MGA to provide car insurance for classic and modern collector vehicles. The company has received its license from the Texas Department of Insurance and plans to launch across select US states later this summer.

Insurers are reporting a rise in fraudulent claims involving manipulated images of vehicle damage, contributing to increased motor insurance costs.

Virginia is set to require all drivers to have vehicle insurance by July 1, 2024, aligning it with the majority of states. The change, enacted through Senate Bill 951, also includes increased minimum liability limits.

The Department of Motor Vehicles (DMV) is working through some issues regarding the electronic updating of vehicle insurance information.