A key measurement of auto insurance risk is on the rise, and that could mean higher auto insurance rates in your state.
TransUnion, which gathers and analyzes consumer credit data, developed a risk barometer for the car insurance industry known as the Auto Insurance Risk Index. The index analyzes the expected insurance loss ratio on a state-by-state basis every quarter, and compares it with a benchmark of the first quarter of 2001. The insurance loss ratio refers to how much insurance companies pay in claims compared with how much they collect in premiums.
Switching Insurance Plans Can Cost You More In The End
18 Jan
Posted by Andrew Sanchez as Insurance Articles
Switching Insurance Plans Can Cost You More In The End By Linda Rey Everyone makes mistakes. This may be a cliché, but it’s true. There is no discrimination as to who screws up every once in a while. The good thing about mistakes, however, is
Everyone makes mistakes. Th
Looking for the best car insurance company is often a challenge. Fortunately, searching and finding out about the company rates online helps make the search faster and easier. Numerous auto insurance companies are available and each company offers something unique that makes it stand out from other companies. Compare car insurance companies online with our ZIP code search above!
Searching for auto insurance online is a simple process: you type in the type of insurance you need for the vehicle in a search box and then look at the results.
3 Factors That Are Driving Up Florida Car Insurance Rates
09 Jan
Posted by Thomas Thompson as Insurance Guide
Florida car insurance rates have risen significantly through the last several years and, while insurance rates have risen throughout the U.S., drivers in the Sunshine State have seen particularly dramatic changes. There are several key reasons for the recent rise in Florida car insurance rates including the somewhat confusing process for negotiating a car insurance claim, the state’s unique traffic laws and the state’s overall driving statistics.
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