Live Insurance News

Auto insurance is far higher for some Florida drivers than others

October 22, 2013November 4, 2013 Julie Campbell

A recent report has shown that motorists in the state have premiums highly impacted by their location. A report that was recently released by ValuePenguin.com has revealed that location plays a very important role in the cost of auto insurance in Florida, as it does in most other states, and has revealed the cities in which drivers are paying the highest amount for their coverage. It showed that the cost of coverage in Tampa and St. Petersburg is among the highest in Florida. The average rate for the drivers in…

Auto insurance survey gives the leaders some time in the spotlight

October 4, 2013October 4, 2013 G. Turner

This latest study took a number of different categories into consideration to show where insurers shine. The auto insurance industry has just undergone another study, this time to help to provide some insight into the way that consumers think about the various insurers offering them coverage. Leading the companies in terms of customer satisfaction was USAA. According to the respondents to the auto insurance survey, one in every four said that they had considered changing their providers at some point during the last year. Among the customers in that category,…

Auto insurance is using technology to focus on driver behavior awareness

October 3, 2013October 1, 2013 Julie Campbell

As usage based programs become more common, it is changing the future of this part of the industry. As both vehicle and telematics technology continue to evolve and usage based programs come closer to the mainstream, the auto insurance industry is placing a much greater focus on the actual behaviors of the consumer, while behind the wheel. Some industry experts feel that coverage is now becoming a tool to encourage motorists to become better drivers. At the same time, it also means that increasing automation in vehicles, to the degree…

Usage based insurance from Allstate Drivewise reaches a million miles driven

September 18, 2013September 16, 2013 G. Turner

The auto policies that use telematics technology through this insurer are expanding at an increasing rate. Allstate is celebrating a considerable usage based insurance milestone – so to speak – as the insurer has now passed one billion customer miles driven in the Drivewise program over the course of data spanning 38 million driving hours. This represents the equivalent of driving around the globe 40,000 times. As this news was released, Drivewise was also launched by Allstate into two more states – Kentucky and Montana – bringing that insurer’s usage…

Auto insurance remains high for Connecticut drivers

September 16, 2013September 14, 2013 G. Turner

Motorists in the state won’t be experiencing any relief from the higher prices that they pay for coverage. Drivers in Connecticut are paying a higher price for auto insurance than other Americans across the country, and studies are now revealing that there are a number of reasons that motorists in that state face higher coverage costs. The high cost of living and higher income levels have always been contributors to higher premiums. Studies are indicating that there are a number of new and growing reasons that people in Connecticut are…