Consumers in the state are not signing up in record numbers but they are trading up for improved coverage. According to some of the latest figures from the health care reform in Maryland, the insurance exchange in the state isn’t necessarily making a tremendous dent in the number of uninsured people, but it is giving individuals a way to make sure that they are receiving the best possible coverage. Many people have upgraded their coverage but are paying less for their plans. The state doesn’t yet have the data regarding…
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GEICO makes insurance news by decreasing some Maryland rates
Drivers in the state may soon see more attractive business car coverage rates. GEICO (Government Employees Insurance Company) has just announced that commercial auto insurance policyholders in Maryland may soon be seeing much more favorable premiums and larger savings as the insurer changes its rating structure. According to the regional vice president of Mid-Atlantic operations at GEICO, John Izzo, “As the largest insurer of personal autos in Maryland, GEICO already has a strong presence in the state.” He went on to explain that “In 2011 we implemented a new rating…
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