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J.D. Power and Associates Reports: Customer Satisfaction with Auto Insurance Companies Declines Considerably from 2009

Amica Mutual Ranks Highest among Auto Insurers for an 11th Consecutive Year

After peaking in 2009, overall customer satisfaction with insurance companies has declined significantly in 2010, according to the J.D. Power and Associates 2010 U.S. National Auto Insurance Study(SM) released today. Overall customer satisfaction averages 777 on a 1,000-point scale, …

Auto Insurance Laws Get Tougher

The State of Texas put in place a plan that enables police officers and specified state users to instantaneously check whether or not an automobile is actually insured. The times of fake or phony proof of auto insurance cards and shedding insurance protection soon after getting a legitimate car insurance

Insurers resisting efforts to raise auto liability minimums

By Ken McCall, Staff Writer

Officials fear more increased cost would prompt drivers to go without coverage.

One of the first causes Jon Husted took up when he joined the Ohio General Assembly in 2001 was a bill to raise the state’s minimum requirements for auto liability insurance.

“I think one of …

Auto Insurance Company offers policy based on driving habits

People whose odometer doesn’t tick up much may be eligible for reduced rates on their auto insurance.

Progressive Insurance offers up to a 30 percent discount on premiums to drivers who don’t slam on their brakes, drive late at night, or accumulate a lot of miles.

This is a different method …

21st Century Centennial Insurance dropping N.J. rates by 20%

By Bob Graham

A direct-to-consumer auto insurance company says it has lowered its overall rate for coverage for drivers in New Jersey by 20%.

Wilmington, Del.-based 21st Century Centennial Insurance Co. said the lower overall rate level is for new customers, effective May 10.

The company said it is one of only a …

Pennsylvania balks at car insurer’s habits-based plan

By Jeff Gelles

If you’ve ever seen “Flo,” the cheerfully offbeat cashier in Progressive Insurance’s ad campaign, you probably know her shtick: that when it comes to auto insurance, Progressive strives to be a little bit different, too.

But Progressive’s latest attempt to distinguish itself in Pennsylvania – a plan …

Progressive Insurance Making Progress

By Ryan C. Fuhrmann

Personal and commercial auto insurer Progressive Corp. (NYSE:PGR) reported second-quarter results on Tuesday that showed the company continues to grow in the segment that sells auto policies directly to consumers. Strong historical growth and high underwriting standards are other reasons to look closely at the stock, …

Why you should cheat on your insurance agent

Loyalty is a prized characteristic, but is there a good time to be disloyal? The answer is definitely . . . when it can save you money on insurance.

Shopping around for the best car insurance rates and home insurance prices seems like a no-brainer, but a recent study reveals that …

Risky Drivers and High Auto Insurance Premiums

The word risky has a negative denotation. It denotes possible loss, injury, hazard, jeopardy and/or danger. For auto insurance companies, “risky” is a very familiar term in that it is one category in classifying drivers. They use the category high risk and low risk drivers. Between the two, the first …

Safe Auto Insurance Not Immune from Certain Rate Variables

Car insurance companies like Safe Auto Insurance are not immune to participating in the commonly accepted practices that a majority of insurance organizations generally adhere to. One of these practices has been challenged in a Detroit, Michigan courtroom recently.

Michigan’s Insurance Commissioner banned the practice of insurance companies basing the rates …