New Allstate app to help good drivers save more on auto insurance premiums

Allstate app - Man using mobile phone

The insurer is testing a new app-based program to monitor motorist behaviors for weekly savings opportunities. A new Allstate app has entered into the testing process with the goal of allowing good drivers to prove how safe they are behind the wheel in exchange for savings. The program monitors a number of habits such as speeding and braking hard. The idea expands on existing usage-based insurance strategies including those already offered by the insurer. The goal is to make it possible for good drivers to demonstrate that they are a…

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Alabama auto insurance fines hit hard, even when renewing one day late

Alabama auto insurance - Fines - Money

The state has skyrocketed its fines for motorists who allow their vehicle coverage to lapse. Alabama auto insurance fines are heading skyward and drivers who allow their policies to lost – even for a single day – are about to suffer an unpleasant shock. The penalty for allowing a policy to lapse, even for one day, is $200 under the new rules. Probate judge and Cleburne County Commission chairperson Ryan Robertson spoke during one of the commission’s work sessions last week. There, he explained to the attendees that Alabama auto…

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No-fault auto insurance system debate returns to Florida House

No-fault auto insurance system - car crash

Replacement legislation would remove personal-injury protection in favor of bodily injury coverage. Once again, Florida’s no-fault auto insurance system has made its way back to the House and faces potential demise. This, despite concerns voiced by the industry suggesting that this move by the Legislature may not reduce premiums. Critics warn that removing the current system risks increasing health insurance rates and lawsuit numbers. Earlier this week, the House Insurance & Banking Subcommittee backed HB 771. That measure would replace the current mandatory components of the no-fault auto insurance system…

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Will State Farm lose its US auto insurance dominance to Geico?

US Auto insurance - Hands and car

If current trends continue, the United States will have a new top vehicle insurer by 2022. For decades, State Farm has held onto the top spot among US auto insurance companies. That said, if recent trends keep up as they have been, it won’t be long before it loses its crown to a much younger rival. State farm has suffered business losses as a result of several steep rate hikes in recent years. The leader in US auto insurance has suffered steep losses after a spectrum of notably large rate…

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Farmers broadens coverage to include Uber driver insurance in many states

Uber Driver Insurance - Uber on mobile phone

The insurer recently boosted its relationship with the ride share program in 14 states and D.C. Farmers Insurance recently announced its coverage expansion and will now sell Uber driver insurance. This further strengthens the relationship between the insurer and the ride hailing company. The new unique auto insurance coverage is available to 2 existing states, 12 new ones and D.C. Farmers’ Uber driver insurance is being sold in 12 more states than it already was, as well as Washington D.C. Beyond the District of Columbia, the ride hailing company’s drivers…

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Insurance companies remind customers about New Year’s safety

New Year’s Safety - Fireworks

Use the following tips to make sure you ring in 2020 with joy and fun, so nobody gets hurt. It’s hard to believe that 2019 is nearly over, but as midnight rapidly approaches, insurance companies are reminding customers about simple New Year’s safety tips to keep everyone from harm. Whether you’re watching the ball drop from your couch or heading to a party, be sure to do it safely. Regardless of whether you’re staying in, hosting, or heading out on the town, the right New Year’s safety precautions will make…

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Allstate intends to phase out Esurance auto insurance brand

Esurance Auto Insurance - goodbye sign

The insurer has revealed its plans to hang up the brand eight years after having first acquired it. Eight years after purchasing Esurance auto insurance and homeowners coverage, Allstate has decided to divest itself of the brand. According to Allstate’s chief exec, Tom Wilson, the insurer is making the preparations necessary to say goodbye to the brand. The insurer has decided to continue the sale of the policies while phasing out the brand name. Allstate will still be selling the same home policies and Esurance auto insurance coverage the brand…

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