Tag: underinsured motorist

Georgia’s Auto Insurance Rates: Unaffordable and Uninsured, New Study Uncovers Alarming Trends

John B.
Georgia's Auto Insurance Rates

Alarming Trends in Georgia’s Auto Insurance: State Ranks Among Least Affordable in Nation A recent report by the Insurance Research Council (IRC), a division of The Institutes, has unveiled alarming trends in Georgia’s personal auto insurance affordability. The report, titled “Personal Auto Insurance Affordability in Georgia,” highlights a significant deterioration over the past decade and a half, positioning Georgia as one of the least affordable states for auto insurance in the nation. With below-average income and above-average auto insurance costs, Georgia has become one of the least affordable states for…

Read More

More than half of U.K. motorist have serious gaps in their insurance coverage

Nordstrom

The results of a recent survey performed by ALA, an independent insurance broker, has determined that over 75 percent of drivers in the United Kingdom do not have enough auto insurance to cover them if their vehicle were ever to be stolen or written off.     According to the survey entitled “Mind the Gap”, the issue among British drivers is that 77 percent of them have not obtained enough coverage to match the value of their vehicle – or at a bare minimum, very affordable financing – should it need to…

Read More