Big auto insurers will be examining past auto accident claims involving Toyota vehicles for possible subrogation action, an insurance arbitration executive predicted, as Allstate said it has a case review underway.
In response to high fuel prices, several car makers are introducing a smaller class of vehicles. But these cars may be prime candidates for totaling out, and the potential impact of more total losses on the collision repair marketplace could be huge.
Welcome to the unwelcome world of America's biggest insurance mea-culprits. These are the Barons of Bleak, all dishonored for this year's Insurance Fraud Hall of Shame.
The 1994 Honda Accord ranked as the most stolen vehicle in the United States in 2008, according to the National Insurance Crime Bureau's (NICB) "Hot Wheels 2009" report.
The Insurance Institute for Highway Safety said its tests of roof strength among micro and minicars rated the Smart Fortwo strongest and the Chevrolet Aveo weakest.
Small, fuel efficient mini and micro-cars have a cost of repair for bumper damage that's big, a report by the Insurance Institute for Highway Safety said today.
Mini-cars, the two-seat vehicles becoming popular with fuel-conscious auto buyers, fared poorly in real life crash situations, according to the Insurance Institute for Highway Safety.