In another of Allstate Corp’s efforts to become a larger part of the online insurance marketplace for consumers who prefer to use the internet for their insurance transactions, the company has acquired Answer Financial and Esurance from White Mountains Insurance Group Ltd. for $1 billion. Allstate, a leading national home and auto insurance company based in Northbrook, has stated that it will be maintaining the Esurance headquarters in San Francisco, and that Answer Financial will remain in Los Angeles. As a result of this deal for the online auto insurance…
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Car insurance survey shows the impact of driving while distracted
A new survey published by Online Auto Insurance has highlighted the dangers of distracted driving among Americans who talk or text on cell phones, and pointed out that more than one in every three drivers do it regardless of this fact. Car crashes resulting from distracted driving behaviors are responsible for tens of thousands of lives each year and cost billions of dollars in lost property. Even the collisions that are less extreme that result from mobile phone use while driving can make it difficult for drivers who are at-fault…
Read MoreWhat consumers should know when shopping for car insurance; cheap is not always better
Before you hit “Buy Now” consider this when online shopping for car insurance. It doesn’t matter what kind of car you drive, experts in the industry are reminding drivers that at the time of a collision, there is a significant difference between a good quality auto insurer and policy, and one that is weaker or that offers less. Many consumers are finding this out when trying to save money but learn that fly-by-night insurance carriers are not there for them nor have they been properly advised. Unfortunately, with budgets being tighten, many are…
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