High-tech features on new cars drive up auto insurance rates

The gee-whiz gadgets on new cars — the backup cameras, the large touchscreen controls, the blind-spot monitoring — make us all feel a little safer about navigating the roads. But high-tech, advanced safety features come at a fairly steep price, so they’re driving up car insurance rates, too. “If they’re damaged, they’re much more expensive to repair,”… Continue reading High-tech features on new cars drive up auto insurance rates

Global telephony insurance market to hit $ 20.5 billion

Given the increasing prevalence of expensive household goods, cars and consumer electronics, insurance has become an unavoidable and often necessary cost in modern life. Mobile phones and smartphones in particular, are no exception to this trend. Report has it that most major mobile operators, insurance specialists, retailers and even banks now offer insurance plans that… Continue reading Global telephony insurance market to hit $ 20.5 billion