Live Insurance News

Auto insurance customer satisfaction falls in US

June 27, 2013June 25, 2013 Julie Campbell

A J.D. Power study has shown that policyholders are not as happy with their insurers as they once were. According to the results of a study that was conducted by J.D. Power and Associates, customer satisfaction with American auto insurance companies has fallen in five different categories within the last year. The research showed that policyholders are not expressing the level of satisfaction that they were in 2012. The areas of auto insurance customer satisfaction that were measured by J.D. Power were in policy offerings, price, interaction, billing and payments,…

Auto insurance survey sheds light on distracted driving

June 1, 2013June 2, 2013 Logan B.

New Jersey auto insurance influenced by distracted drivers Plymouth Rock Assurance, an auto insurance organization based in New Jersey, has released the results of a new survey concerning distracted driving. The survey suggests that texting while driving remains a significant problem in New Jersey. Though not implied by the survey, this problem could be contributing to the rising costs of auto insurance. Distractions are taken very seriously by the auto insurance sector, and any distraction could be justifiable cause to raise premiums due to the inherent risks they represent. Many…

Auto insurance trend shows decrease in consumer shopping

May 2, 2013April 30, 2013 G. Turner

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.…

Auto insurance basics remain a mystery to 68 percent of drivers

March 13, 2013April 30, 2013

Nearly one third of all motorists could not correctly answer a multiple choice survey about their coverage. The results of a recent survey of American drivers have just been released and they have revealed that only 32 percent of motorists have an understanding of the basics of auto insurance. The questions that were asked involved the very basic details regarding vehicle coverage. The survey’s questions asked about the difference between collision and comprehensive auto insurance, the purpose of gap coverage, and other details that are considered to be quite basic…

Auto insurance accident claims skyrocket in Texas during the Christmas season

December 19, 2012April 30, 2013

The Accident Forgiveness Showdown - Who Has It and Who Doesn't

A new report has revealed that the number of crashes increases by 20 percent during the holidays. Allstate has just released a review of its auto insurance claims data, which has revealed that in the state of Texas, there are more car crashes than at any other time of the year. This statement was based on data from the five years ranging from 2006 through 2010. What the analysis determined was that the number of auto insurance accident claims rises the most on December 24, increasing by 22 percent when…

Auto insurance data shows Ford trucks loved by thieves

December 17, 2012April 30, 2013

The IBC has released its report identifying the 10 most stolen vehicles. The auto Insurance Bureau of Canada has just announced its list of the 10 vehicles that are the most popular targets of thieves and has identified Ford trucks at the top of this list, particularly in the province of Alberta. The report covered vehicle thefts from across the country but provided a breakdown by province. This IBC list is issued once per year in order to help auto insurance companies and consumers to better identify the vehicles that…

Auto insurance theft claims low for Prius

November 24, 2012November 22, 2012 Julie Campbell

Vehicle Theft black friday auto insurance claims

According to recent data, thieves seem to avoid this Toyota hybrid vehicle. The National Insurance Crime Bureau has released its statistics related to auto insurance claims for stolen vehicles and has found that the Toyota Prius is rarely targeted by thieves. This popular hybrid vehicle has a very low theft rate Furthermore, the report also showed that even when this vehicle is stolen, it is common for law enforcement to find it quickly and return it to its owner. This can mean good news for the auto insurance premiums that…