Auto insurance minimum coverage in Ohio to rise

Ohio insurance auto premiums

Drivers must now carry a larger amount of coverage in order to comply with the state’s law. For the first time since 1969, Ohio has increased the minimum required coverage that drivers must carry in order to be able to legally drive. This new law will come into effect as of December 2013, and will considerably increase the current minimum. In fact, it is estimated that the minimum coverage for drivers will be at least double what it currently is. This will mean that drivers will have to carry auto…

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Auto insurance customers happier with their coverage

J.D. Power and Associates Award

J.D. Power and Associates study has shown that drivers are more satisfied with their policies. The results of a J.D. Power and Associates survey have just been released, indicating that American drivers are feeling increasing satisfaction with their auto insurance, even following massive storms such as Isaac and Sandy. In fact, the report showed that policyholder satisfaction rose by six points since 2011. This is according to the first data that was released from the 2013 U.S. Auto Claims Satisfaction Study, auto insurance customers are feeling a growing amount of…

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Hartford to test a new form of car policy in 2012

Hartford Financial Services Group has announced its intentions to begin a pilot program in 2012 for an auto insurance policy based on telematics. Hartford’s president of consumer markets, Andy Napoli made the announcement during the company’s investors meeting. The new policy will be using telematics. According to Napoli, using the “devices in insured vehicles to transmit information about driving behavior, such as miles driven, speed, acceleration, deceleration, and using that information to price the risk.” This pilot program will be known as TrueLane and will begin in the first half…

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