The state is mulling over a potential increase in the lowest possible amount of coverage. In West Virginia, approximately 15 percent of vehicle owners are carriers of the minimum allowable amount of auto liability insurance, said the commissioner in the state when speaking to a legislative interim committee. Mike Riley spoke to the committee on Tuesday, using the results of a survey of the largest carriers in the state. Commissioner Mike Riley spoke based on a survey that was conducted on the four largest auto liability insurance carriers in West…
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Auto insurance news concerning consumer tips, company updates and insurance law updates.
Mobile auto insurance honor handed to GEICO
An independent research firm has said that the insurer’s smartphone functionality tops the ranks. According to Forrester Research, when it comes to mobile auto insurance functionality, GEICO is leading the way in the industry and is providing the best overall customer experience. Considering the importance of smartphones and cell phones in our lives, this is an important statement. The November 2013 report has been released by Forrester Research to include their 2013 U.S. Mobile Insurance Functionality Rankings. They determined that when it came to the performance of mobile auto insurance…
Read MoreNew York auto insurance rates vary widely throughout the state
A new report has been released to identify the five most expensive counties in which to purchase coverage. The release of a new report has now underscored the point for New York auto insurance customers that a driver’s zip code will make a considerable impact on the amount that will be paid in premiums. In fact, the county in which a motorist lives could nearly quadruple the cost of coverage. This state has the third greatest population in the U.S. Out of the total estimated population in the state, which…
Read MoreEverything You Wanted to Know About Car Insurance but were Afraid to Ask
You may not think too much about your car insurance until you wind up in an accident. Paying your bills each month may remind you how expensive insuring your car can be, but in the event of an accident, you want to know you’re covered so you don’t have to pay out of pocket. Car insurance options can be daunting, but be sure to do your due diligence and research, and you’ll know everything you need to know. Investigate the Possibilities Car insurance companies compete for your business online, on…
Read MoreAutomobile insurance study shows affordability improvements
The research determined that auto coverage has become more affordable for people at all levels of income. A recent study that was conducted by the Insurance Research Council (IRC) has determined that automobile insurance is becoming more affordable and that this trend has been maintained over the last ten years, particularly for individuals within the lower and middle income ranges in the United States. Every state except for six experienced improvements in their affordability from the 1990s to the 2000s. Among all of the states and the District of Columbia…
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