State Farm Insurance is launching new educational tools for parents and teens so everyone can learn safer driving. The free tools are available for everyone, not just State Farm customers, through the website http://teendriving.statefarm.com/. Many parents dread the day that their child begins to learn how to drive. But according to experts, parents have the greatest influence on safe teen driving behavior.

However on a third of teens rate their parents as a “very good” driving instructor. Three in five parents admit to being nervous about teaching their child to drive. State Farm hopes the new online resource will help make it easier and more educational for everyone. “These online tools are the latest in State Farm’s $20 million commitment to reducing teen driving related crashes and deaths,” said Laurette Stiles, Vice President – Strategic Resources at State Farm. “It’s our privilege to make them accessible to everyone, at no charge, as part of our efforts to help teens drive more safely.”

On the website you can check out Road Trips. It’s an interactive, web-based tool so parents can build practice drives, log progress and communicate more effectively with their teen. Parents will receive tip sheets on important driving skills as well as three minute lessons on the best way to teach these skills. Another tool on the website is called Road Aware. Research shows that 43 percent of crashes caused by teens are due to the young driver’s inability to anticipate and adjust to hazards. This program will help them to locate the potential for danger or risk.

Life insurance coverage is at its lowest point in more than five decades, according to the 2011 Genworth LifeJacket Study. Almost half of Americans with incomes between $50,000 and $250,000 don’t have life insurance. Those who do have it may not have enough. They have an average amount to cover 3.6 years of income which means they’re leaving their families significantly under-insured.

The goal of this new study is to help close the insurance coverage gap. Many people want to do the right thing when it comes to life insurance, but some struggle with who to trust or where to get solid information. Around 40% of consumers don’t think they have enough life insurance to meet their family’s long-term needs. “While the industry has done an excellent job of offering products that meet the consumer needs, we now have the deep insight needed to bridge the coverage gap and bring consumers to the table – creating a more effective way of doing business,” said Anthony Vossenberg, senior vice president, Life and Annuities at Genworth in a news release. “This study provides advisors and agents with insights needed to educate consumers about their insurance needs and motivate them to secure their financial futures.”

Many times when a couple gets married or has a child they’ll take the time to evaluate their insurance coverage. But this study shows that the time between that major life event and the actual purchase of the insurance can vary drastically. Experts hope to reduce the time frame between those big life changes and matching up the insurance coverage to the new needs.

A new study says that Americans took on more risk during recent years as a way to reduce car insurance costs. Quality Planning conducted the study and found an increase in the number of people who opted not to purchase collision and comprehensive insurance between 2006 and 2010. They saw even higher jumps with older vehicles.

Between 2006 and 2010 Americans spent an average of $721 to insure each vehicle. During those years, the average insurance cost for a new vehicle was $913 and older vehicles cost $528 on average to insure. The study revealed that most owners were willing to pay for complete coverage for new vehicles.

But when it came to older vehicles, consumers were more likely to take a gamble and reduce insurance coverage. The number of older vehicles without collision or comprehensive coverage increased from 53% to 63% according to a news release issued by Quality Planning. This reduction in coverage saved consumers about $19 a month, or $229 each year.

Consumers also increasingly adjusted their collision coverage deductible since higher deductibles cost less. From 2006 to 2009 the percentage of vehicles with low collision coverage deductibles (less than $250) dropped by an average annual rate of 9%. Those with higher deductibles (from $251 to $1000) increased by as much as 4.9% a year.

One of the leading passions of America is automobiles. While a vehicle may not factor into everyone’s interests, as a nation, driving a vehicle is more than just a requirement and is something of a way of life in itself. With so many automobile racing sports in entertainment and a strong legacy backing the nation’s industry leaders, people from all corners of the nation enjoy and appreciate their vehicles for a wide variety of reasons.

Everyone wants to save money on his or her home insurance and get the lowest rate possible. But when some people hear the word “cheap” in relation to home insurance, they think it must be some kind of low value insurance that wouldn’t pay very much, or a type of home insurance that does not cover very many things.

Cheap home insurance simply means that the cost is reduced. Can you get good quality insurance that gives you good coverage at a reduced rate? Yes, you can! You can save money on your home insurance and still have a policy that will protect the investment you have in your home.