Auto insurance trend shows decrease in consumer shopping

Auto Insurance News

J.D. Power and Associates has reported that among those who are shopping, many will switch. The latest J.D. Power and Associates report has just been issued, revealing that while the percentage of auto insurance customers who are shopping for coverage has dropped to its lowest point in six years, the percentage of those who are checking out what’s available to them will switch insurers in half of the cases. The number of shoppers who are changing their insurers has reached a six year high. The report is called the J.D.…

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The difference your zip code is making to your auto insurance rates

California auto insurance

Some motorists are paying more just because of where they live Though most drivers know that the type of vehicle they drive and the marks on their driving record will have an impact on the premiums they pay for auto insurance, what they may not realize is that their zip code also plays an important role in that calculation. Proposition 103 states that California insurers need to downplay the weight of the zip in calculating premiums. It has been in place for decades, and while driving experience must be weighted…

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