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Monthly Archives: November 2012

Cheap Auto Insurance And Electric Cars Don’t Mix

Electric Car and Cheap Auto InsurancePost Date November 28, 2012 – To hear all the Cable News Pundents on CNN, MSNBC ect – even the White House; electric vehicles or EV’s are so revolutionary they will save the economy and the environment.  Really?? They are continuously praised for all their positive aspects such as being environmental friendly and energy-efficient.  We all know not everything is as advertised.  Not only do these cars and trucks cost more than a standard gasoline vehicle, the words cheap auto insurance for these electric cars is almost impossible to find. The cost of  an accident repair if involved in a car accident costs much more the a standard automobile. Although we do our best to provide cheap auto insurance, I must admit it’s much more difficult for an expensive electric car or truck.

Cheap Auto Insurance for electric cars is hard to find

Aside from the vehicle’s price itself, consumers who wish to buy an electric car will have to bear another burden on its long-term costs.  This includes insuring an electric vehicle. You may think that by having an Electric Vehicle will save you more on gasoline, but here’s a problem – you will have to spend more on auto insurance. There are not any cheap auto insurance premiums for vehicles powered by rechargeable battery packs.  This power source is much more expensive compared to those vehicles being powered with a gasoline powered engine. Electric cars continue to be unpopular because of these disadvantages and the few number in production models on the market today. If an electric cars is involved an accident and the power unit is damaged, there are no used parts on the market.  The cost of new parts to an auto insurance company are very expensive. This makes finding cheap auto insurance difficult.

-Mike 

Michael E. Dortch
President &  Managing Agent
InsureDirect.com
Corporate Home Office
618 South Broad Street
Lansdale, Pennsylvania  19446
(800) 807-0762  ext. 206

 

NJ Auto Insurance Claims Soar On Black Friday

Post Date November 27, 2012 –  Although Black Friday sounds like a very ominous and scary day, it also marks the start of the Christmas shopping season. It the day when most shoppers embark on a journey of taking advantage of promotional sales offered by every retailer. Black Friday is the one day of the year… Continue Reading

New Jersey Insurance Agent Bribes Mayor

Post Date November 26, 2012 –  John Bencivengo, Mayor of Hamilton Township, New Jersey was convicted on November 22,  2012 in connection with nearly$13,000 in bribes that he solicited in exchange for his influence for a New Jersey Insurance Agent.  The bribe was in connection to the townships group health insurance contract  with the Hamilton… Continue Reading

Identity Theft: Online and On The Street

Post Date November 21, 2012 –  Identity theft is the type crime where the perpetrators have become very creative in their craft to prey on unsuspecting victims. If you have been a regular reader of  my Blog, you know I have broached this subject in the past.  Beyond being taken advantage by unlicensed auto insurance… Continue Reading

Best Rates On Car Insurance Found In Ohio

Post Date November 20, 2012 – Looking for a new state to move too? Wondering where in the U.S. you could potentially save the most money on your auto insurance? The best rates on car insurance can be found in the State of Ohio.  A recent study indicated among all the U.S  states studied, the… Continue Reading

Hurricane Sandy Takes It’s Toll on Thousands Of Boats

Post Date November 19, 2012 – The United States Boat Owner’s Association announced last week more than 70,000 power boats, sail boats and jet ski’s were either damaged or sunk when Hurricane Sandy his the east coast two weeks ago. Hurricane Sandy and the winds it brought to New Jersey, New York and the other states… Continue Reading

Auto Insurance Agent Steals From Hollywood Celebs

Post Date November 16, 2012 – Here we go again!  Once again a thieving auto insurance agent which makes me sick.  With all the new auto insurance new auto insurance websites on the world wide web, Insurance customers should be concerned where they buy their insurance policies.  Regardless if it’s for homeowners or or any… Continue Reading

Flood Damaged Cars Illegally Sold

Post Date November 12, 2012 –  Hurricane Sandy was the most devastating storm to hit the east coast in 60 years. Both Homeowners and Auto Insurance Carriers have been adjusting thousands of claims compensating those for Flood Damaged cars and homes.  Two states out of the 9 effected by the storm had the highest number of… Continue Reading