Live Insurance News

Insurers need improved hybrid digital media approach to draw consumers

April 14, 2012April 30, 2013

The behaviors and expectations of consumers shopping for insurance have changed over the last few short years, and in order to appeal to them these days, insurers will need to use a high-performance digital environment to provide an experience that brings agent interaction together with online insurance technology research capabilities. An ever increasing number of insurance companies are now discovering that the internet is the place where the majority of customer relationships begin. Customers are using digital media – such as the internet, blogs, social networking, and video – on…

GEICO announces cheaper commercial auto insurance rates for businesses in Texas

March 28, 2012April 30, 2013

Business owners in Texas may now have a commercial auto insurance policy available to them at a lower rate, as GEICO announced that they have made this new coverage available in the state. According to the director of commercial lines at GEICO, Kushwant Singh, his company is happy to be able to provide this new coverage to Texas businesses. He added that his company is recognized for providing cheap auto insurance coverage, but that “more and more business owners in Texas are discovering how much they can save with us…

Auto Insurance Access announces grand opening of its industry news and top quotes website

March 21, 2012April 30, 2013

Auto Insurance Access (autoinsuranceaccess.com) has announced the grand opening of its new website that provides consumers with the latest news from the industry, helpful information, and the best quotes from the top insurers. One of the biggest struggles faced by consumers and businesses alike as they search for auto insurance, is making sure that they are informed about what is available to them and that they have the tools that they need to use their knowledge to choose the right coverage for their needs from among the various quality policies…

Saving money by better understanding your auto insurance coverage options

March 3, 2012February 27, 2012 H. Cutner

According to a news release issued by the Insurance Information Institute has shown that consumers purchasing auto insurance for the first time, or who are renewing an existing policy, should contact their agent or company rep to ensure that they are receiving the coverage that they need and at the best possible rate. Accomplishing this requires the consumer to educate him or herself at least a little bit about the various coverage options that are available. One of the best ways to obtain this information is simply by asking questions…

Nationwide Insurance addresses modernization with N.C. Legislative Research Commission

January 27, 2012 Nordstrom

Lee Morton, the regional vice president for North Carolina at Nationwide Insurance addressed the N.C. Legislative Research Commission Joint Study Committee on Automobile Insurance Modernization regarding the improvement of rate systems. He talked about the competitive, strong, healthy, diverse, and low-cost system for auto insurance that is already present within the state and identified concerns about the impact that changing the system could have on the state’s motorists. Morton explained that the insurance system in the state is currently fair to all motorists and provides consumers with protection against rate…

Millions of drivers may be eligible for car insurance discounts, according to Progressive Insurance

December 9, 2011December 9, 2011 Nordstrom

Progressive Insurance has issued a new report detailing how as many as 70 million drivers in the U.S. could be missing out on major savings. The insurer launched a new product earlier this year that collects data from drivers who opt to have a simple device installed in their vehicles. The device tracks driving habits and send the information to Progressive agents who determine whether these habits are safe. Those with safe driving habits are eligible for major discounts on their car insurance policies. Progressive’s report draws upon data collected…

Travelers of Massachusetts unveils New Car Discount program for reduced insurance costs

November 12, 2011 Julie Campbell

Travelers of Massachusetts has announced that in response to the increase in new purchases – which, according to the Massachusetts Registry of Motor Vehicles, is expected to beat the 310,547 purchased last year by 7 percent – it is launching the New Car Discount. This will help the residents of Massachusetts who have purchased new cars to obtain greater savings on their auto insurance. In fact, drivers with new vehicles – that is, those that are less than three years old – will be able to use it to obtain…