Live Insurance News

Top Insurance Companies: Unpacking Auto Insurance Claims Criticisms

August 20, 2024August 19, 2024 John Bowers

Top Performers in Auto Claims Handling Amica leads in auto insurance claims handling, securing the top spot in J.D. Power’s 2023 Auto Claims Satisfaction Study with 909 out of 1,000 points. Customers praise Amica for quick and efficient claims processing and excellent customer service. Erie Insurance ranks second with a score of 902. Customers highlight the insurer’s professionalism and fast claims process. Erie offers a unique benefit: Coverage for pets injured in accidents Up to $500 per pet $1,000 per accident State Farm stands out for its user-friendly online claims…

State Farm auto insurance reveals states where you’re most likely to hit an animal

September 15, 2023September 14, 2023 G. Turner

auto insurance - Deer by the side of the road

The insurer has released data based on the claims it has received from drivers in every state. According to State Farm auto insurance claims, November is the month in which a driver is most likely to be in a collision with an animal, and there are some states in which that risk is notably higher than others. The insurer has compiled a list of the states where drivers hit the most animals while on the road. According to State Farm’s auto insurance claims and industry data, there will be an…

Does auto insurance cover damage caused by potholes?

January 24, 2023January 23, 2023 H. Cutner

Auto insurance - car driving toward potholes

This time of the year is notorious for wreaking havoc on pavement, which can be damaging to vehicles. The weather across many parts of the country has reached the point when potholes are becoming a growing problem, and auto insurance companies are preparing for claims from drivers with damaged vehicles. Potholes often happen when cracks in pavement fill with water, which then freezes and expands. According to a recent report from State Farm, the first months of every year are the time in which potholes become more prominent. The temperature…

How much more do you pay in auto insurance after a crash?

October 21, 2022October 21, 2022 Logan B.

Following an accident, most insurers will hike your monthly premiums by a certain amount. A car accident is never good news, but beyond the immediate issues it causes, it can also cause your auto insurance premiums to rise. That said, consumers often wonder how much more they will pay after suffering a car crash. Unfortunately, there’s no fast and solid answer to tell a driver precisely how much more they will pay for auto insurance after an accident. There are many different factors that are taken into consideration, including the…

Mercury adds digital channel for auto insurance claims process

June 21, 2022June 20, 2022 H. Cutner

The new web-based app makes it possible for policyholders to submit a digital claim on their phones. Mercury auto insurance recently announced a new web-based application that opens the capacity for policyholders to file digital claims. This makes it so that policyholders will be able to conveniently and securely submit accident claims. The digital auto insurance application walks policyholders through the process using a series of recognizable prompts. In this way, drivers can submit their claims with the assistance of a number of tools throughout the software, such as emoji-driven…

These states generate the most hurricane insurance claims in the US

May 4, 2022May 3, 2022 G. Turner

State Farm released a list of the locations where the severe storms cause the most covered damage. State Farm received 119,000 hurricane insurance claims last year, and they all came from policyholders that had covered properties in 9 states. There was a total of approximately $1.2 billion in claims paid out to the affected policyholders. The hurricane insurance claims were paid for the repair and rebuilding of homes damaged by the storms. The State Farm data from last year include the storms called Henri, Nicholas, and Ida. They impacted 9…

State Farm and Ford collaborate on ADAS features for safety and savings

July 6, 2021July 1, 2021 H. Cutner

The pilot of this partnership’s project saved customers as much as 20 percent on their premiums. The State Farm insurance company and Ford automaker are working together on a project involving ADAS features which improve driver safety while reducing auto policy premiums. The companies have already completed a pilot project which it ran for a full year. The purpose of the ADAS features project is to make it possible for Ford vehicle drivers to enjoy safety improvements while reducing the cost of vehicle ownership by decreasing premiums through State Farm…