COVID-19 has had a profound impact on society and businesses. The impact on the auto insurance industry was discussed in detail at a 2020 American Academy of Actuaries Annual Meeting. Pulling information from the Insurance Information Institute (Triple-I) research, the meeting highlighted the following important points. Insurance Claim Spikes During the Pandemic Triple-I estimates that…
The best route to a lower car premium is to become a better driver. Many people might say, “I’m already a good driver,” but they should also consider insurance rates are based heavily on driving behavior. Getting tickets and accidents on your driving record can take a toll on insurance rates. Here are essential tips…
We remain committed to our insureds during these unprecedented and uncertain times as the COVID – 19 spreads throughout our country. Should you need to make a payment or report a claim after hours, please view our payment and claims tabs. We hope you and your families are healthy and safe.
How Has COVID-19 Affected the Auto Insurance Industry?
