
How Has COVID-19 Affected the Auto Insurance Industry?
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…
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Tips to Help You Lower Your Auto Insurance Premium
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…
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