Maggie is a former lead insurance editor at Reviews.com. She's written more than 70 insurance articles covering homeowners, auto, life, motorcycle, travel, and more.
More from Maggie Overholt
How Gender Affects Auto Insurance Rates
Do men or women pay more for auto insurance? Different outlets argue both sides. For example, the Insurance Journal writes, “What? Women Pay More Than Men for Auto Insurance? Yup.” while Esurance has a page titled “Why Women Pay Less for Car Insurance.” We checked rates for sample drivers age 23 to 38 from the ...
How Credit Score Affects Auto Insurance Rates
You know the drill: Auto insurance rates are higher if you’ve been in an accident, got caught speeding, filed one too many claims, or own an expensive car that would cost a lot to replace. These kinds of things could cost your insurer big bucks down the road, so it makes sense they raise premiums ...
How a DUI Affects Your Auto Insurance
How a DUI Affects Your Car Insurance Fast facts: DUIs increase car insurance rates by 87% on average. The average annual premium for a driver with a DUI on their record is $3,139, but this varies state-to-state. You already know driving under the influence makes you a danger to yourself and others on the road. ...
How to Buy Car Insurance
Learning to be a smart driver was one thing, but becoming a smart insurance shopper? That’s a whole different learning curve. Here we’ll go over a few basic steps for finding the auto insurance you need at a fair price, complete with tips from insurance industry experts. Decide whether to buy through an agent or ...
Michigan has a plan to fix auto insurance. Could other states follow?
Michigan lawmakers passed auto insurance reform legislation recently that state Gov. Gretchen Whitmer has called “truly historic.” When it takes effect in July 2020, the new law is designed to lower car insurance prices by changing both the amount of insurance drivers are required to purchase and the way insurance companies are allowed to set ...
Here's What Makes Nationwide Rideshare Insurance Different
Rideshare insurance is a necessity for Uber and Lyft drivers, but an oddball in the insurance world. It’s very limited coverage that only applies at select times: specifically, when a driver has their rideshare app turned on, but hasn’t yet accepted a ride or picked up a customer. It’s also primarily meant for collision and ...
Why All Drivers Need Uninsured/Underinsured Motorist Coverage
If you sideswipe a parked car, cause a fender bender, or find yourself at-fault in a more serious collision, your insurance company will cover the other person’s injuries and damages. That’s what liability insurance is for. Conversely, if someone else were to hit you, their insurance company would be the one footing the bill. But ...
Tesla Wants to Insure Its Drivers, and Will Double Down on Tracking Data to Do It
Tesla’s worse-than-expected losses per share weren’t the only head-turning news that came out of a Q1 earnings call with Elon Musk last Wednesday. We also learned Musk will be getting his hands on even more of the customer experience by offering in-house car insurance for Tesla customers — supposedly starting sometime next month. “The answer ...
40% of Drivers Don’t Shop Around for Car Insurance as Often as They Should
Did you know that two identical car insurance policies, for the same driver, can vary by hundreds of dollars depending on the insurance company that sells them? This is because every insurer has a unique underwriting formula. (“Underwriting,” in short, is the equation a company plugs your personal information into to figure out how risky ...
What You Should Know About Insurance Claims
What’s an insurance claim? “Filing a claim” is the process you go through to get a payout from your insurance company when something bad happens. Claims involve paperwork, photos, damage appraisal, and sometimes (depending on the nature of the claim) legal action. While all that might sound like a bit of a headache, the good ...
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