Some of the vehicles from those South Korean automakers are simply too easy to steal. Hyundai and Kia vehicles that use physical ignition keys are so easy to steal – needing nothing more specialized than a USB cable – that major US auto insurance companies have started to refuse to cover them. So far, this appears to be a trend isolated to Columbus and Denver, Ohio, but it is spreading. Progressive released a media statement in which it confirmed that it would not be issuing new auto insurance policies to…
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Americans are choosing GEICO and Progressive auto insurance, says JD Power
At the same time, they are leaving Allstate and State farm for their vehicle coverage. A new JD Power and TransUnion collaboration study has shown that Americans are increasingly choosing to purchase their auto insurance from Progressive and GEICO. These two insurers saw the largest growth in this year’s second quarter. This was revealed in the Quarterly Shopping List Report which examines rates of quotes and switches. Among all the major American auto insurance companies, GEICO saw the largest quote volume. Allstate saw the second largest quote volume, followed by…
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