By Hayden Krueger If you own any automobile in the state of Connecticut, then, you definitely need to have an auto insurance policy in order to drive the car. This is a mandatory as specified by the financial liability laws in the state. Hence, every person who buys any type of automobile will opt for coverage. There are various ways in which a person can purchase auto insurance coverage. You can either... 

By Jay MacDonald When Shakespeare observed, “What fools these mortals be,” he easily could have been referring to our tendency to buy unnecessary or downright useless insurance. Granted, some insurance coverage is absolutely necessary, including home, health, auto, life and long-term disability. Ignore these at your peril. But on more than a dozen policies — especially narrowly... 

It used to be that Americans loved their cars. But tough economic times have put a strain on the relationship cash-strapped drivers now have with their vehicles. Take, for example, the South Carolina man who earlier this year filed an insurance claim, saying his 2002 Ford F-150 was stolen. Police quickly discovered it only miles from his house, engulfed in flames. Investigators couldn’t find... 

By Sharon Carney With insurance costs ranging from 20 to 30 percent of the price of doing business, unscrupulous businessowners will sometimes take drastic measures to avoid paying the true premium on their business insurance policies. Premium fraud occurs when someone intentionally conceals or misrepresents information when obtaining insurance coverage. To prove fraud, it must be determined that... 

Insurance fraud is usually said to occur when someone knowingly lies to obtain some benefit or advantage to which they are not otherwise entitled. Insurance companies pay out large amounts of money to people who knowingly commit fraud by filling false claims. People sometimes will commit insurance fraud feeling that they are only going after the multinational insurance companies. Nothing could be...