Tag: auto insurance policy

Auto insurance study identifies the worst drivers in the US

Julie Campbell
child kid auto insurance bad worst drivers

Recent research has identified Montana as being the state that has the worst drivers on its roads. As the Thanksgiving holiday weekend came to a close and the weather starts to turn slightly less friendly to drivers, an auto insurance study has determined exactly where the worst drivers in the country live, regardless of how bad or great you think your local road users might be. Montana took the unwanted top spot of having the drivers on its roads that are the most dangerous. The auto insurance research was conducted…

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Auto insurance industry may be 40 percent of its current size in 25 years

Julie Campbell
auto insurance refund Senior Man Driving A Toy Racing Car

In a quarter of a century, the car policy market could shrink by as much as 60 percent, says KPMG. A recent report issued by the KPMG consulting firm has suggested that by the time the millennials who are only just entering into the auto insurance industry as professionals now become top execs in 25 years, the market will be 60 percent smaller than its current size. The private passenger automobile industry is expected to experience a massive decrease in size. While that doesn’t sound like good news for the…

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The average auto insurance customer hasn’t switched companies since 2003

Julie Campbell
auto insurance premiums

According to recent research, one in every three drivers has not shopped around at all for a policy. A recent study was conducted by insuranceQuotes.com, which has now issued its results in a report that showed that the average American driver hasn’t changed the auto insurance provider covering their vehicle in over a decade. In fact, the average length of time since the last change in insurance companies was 12 years, said the report. Furthermore, about one quarter of all drivers have been sticking with the same auto insurance company…

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Usage based insurance is not appealing to most Americans

Julie Campbell
usage based insurance auto car tracking gps

A recent study has shown that over half of the drivers in the country aren’t sold on having their habits monitored. The results of a study conducted on the popularity of usage based insurance, also known as a pay as you drive plan, have recently been released, and they have shown that 51 percent of Americans will not even consider enrolling in this type of program. The majority of consumers are resistant to being monitored in order to be able to obtain possible discounts. The results of the study that…

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Insurance technology could place US drivers at risk, says hacker

Julie Campbell
Increasing auto insurance premiums technology

Tech expert, Corey Thuen, will be speaking at the S4 conference to show that pay as you drive dongles aren’t secure. Corey Thuen is a Digital Bond Labs security researcher, who has been working for a number of weeks on the subject of the insurance technology of onboard network dongles that are connected to the OBD2 ports of vehicles as a component of usage based auto policies. The findings of the research have been striking and they will soon be presented in a talk entitled “Remote Control Automobiles”. Thuen looked…

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