Americans are paying more for auto insurance, but millions are underinsured

Auto insurance - Pay - Coverage

Despite how much people are already paying for coverage, it might not be enough if the worst happens. Inflation, among several other factors, has caused auto insurance premiums to climb, this year in particular, but according to experts, millions of drivers still don’t have enough coverage. Despite how much millions of people are paying for their policies, they don’t have the coverage they need. Car insurers have been raising premiums because the cost of paying out claims is higher due to inflation. That said, when it comes to drivers, they…

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5 Reasons to avoid Cheap Auto Insurance

High-deductible health insurance enrollees are on the increase

The only reason to get cheap auto insurance is so that you can save money in the long run. But like anything that you buy in life, you get what you pay for. You naturally want to get the best price and service for your money, but what is not a well known fact is all the factors that can actually make choosing a cheaper alternative that can be much more costly for you in the future. Reason 1: What are you covered for? Your eyes have probably lit up…

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New report identifies auto insurance preferences of consumers

Insurance News

QuinStreet study reveals shopping habits and purchasing expectations. Vertical marketing and media online leader, QuinStreet, Inc., has released a report detailing the outcomes of its auto insurance shopping study that examined the preferences of consumers. The Insurance Buyer Insight Study identified the most important elements to decision making. Price was found to be the most influential factor in choosing an auto insurance policy to purchase. This finding was further supported by the answers of the respondents to a question regarding the primary reason that they were comparison shopping for policies.…

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