While this service/product has been out for over a year in select areas, Progressive, Inc is rolling out their new MyRate program in Ohio.
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It had to happen. The insurance industry often known for its incredibly high profit margin and ability to make above average returns on their investments (i.e. your policy premium) have within the last year gone through a massive down cycle created by the sub-prime mortgage meltdown.
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In over 15 years car insurance rates in the state of Nebraska have jumped well over 110%. Although this may seem gradual, the reality is rates aren’t slowing down any time soon.
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Independent agents in the state of Massachusetts have charged Progressive Insurance with violating the state’s new laws on collecting certain auto insurance information and only offering 6 month policies.
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On April 28 at 10 a.m. at the Detroit Urban League (208 Mack Avenue) in Detroit, MI. A news conference is set to announce a formation of a state-wide bipartisan coalition that will push for legislative chances to Michigan’s current insurance laws.
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Just when you thought Florida reinstating PIP coverage in Jan. 1 2008 was a bit of a hassle, wait till you compare your car insurance rates with neighboring states…or any state for that matter.
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On Wednesday Liberty Mutual agreed to purchase Safeco Corp (Safeco Insurance) for a little over $6 billion.
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Effective April 1st, 2008 car insurance requirements in the State of Texas were raised to $25,000 for personal injury and up to $50,000 total per accident. Property damage minimum coverage jumped $10,000 (nearly 67%) to $25,000.
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As of April 1st, 2008 United Services Automobile Association (USAA) will be lowering car insurance premiums by about 15% in the State of Massachusetts.
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Long gone are the days when your only options for obtaining auto insurance were to call an insurance company, or walk-in and talk to an agent face-to-face. Now, consumers have another choice - online.
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