Click Here

REALTORŪ Magazine Online: The real estate professional's business support tool.

OFFICIAL MAGAZINE OF THE NATIONAL ASSOCIATION OF REALTORS®

Daily Real Estate News  |  May 31, 2011  |   Slow Down: 1 Ticket, Car Insurance Jumps
Car insurance premiums rose on average 18 percent in 2010 if you had one moving violation on your record, according to a new report by insurance.com of 397,000 insurance quotes it generated last year.

Two moving violations on your record? Your average rate increases 34 percent compared to drivers with no violations. And at three violations, annual premiums jump to 53 percent higher.

For drivers with no violations, the average annual car insurance premium was $1,119 in 2010. Drivers with one violation paid on average $1,318; two-violation drivers paid $1,497; and three-violation drivers paid $1,713, according to insurance.com.

What you drive also may be influencing how you drive, according to a previous company study from December 2010. The study revealed the vehicles that tend to get the most moving violations:
  • Mercedes-Benz SL-Class convertible
  • Toyota Camry Solara coupe
  • Scion tC coupe
  • Scion xB hatchback
  • Mercedes-Benz CLS 63 AMG sedan
  • Acura Integra coupe
Source: “Study: Car Insurance Premiums Jump 18% After One Ticket,” The Los Angeles Times (May 23, 2011) and “Vehicles With the Most and Least Violations,” Insurance.com (Dec. 1, 2010)

Read More
Real Estate Buyer’s Guide: 2011 Autos





Browse all of today's news
E-mail this page to a friend
Give us feedback


Search news
 Launch my search
 
Subscribe to news
Subscribe to News
Daily and weekly real estate news, trends, NAR press releases, convention coverage, plus exclusive features and columns.

RSS Feed
Get the Daily Real Estate News delivered straight to your desktop or news aggregator. (New to RSS? Learn the basics here.)
 
 
SHARE YOUR INSIGHTS
How did you sell it?
Tell us how you overcame hurdles to sell a challenging or very unique listing!