California’s Senate Bill 1107 increases personal auto insurance minimum limits to 30/60/15 starting January 1, 2025. This change will impact policies with lower coverage, leading to premium increases. Continue to the post to learn all about it.
Your auto insurance score, derived from your credit report, significantly impacts your insurance premiums. Learn how improving your credit score can lead to lower insurance costs and explore strategies to achieve this.
The U.S. personal lines insurance industry, covering auto and homeowners sectors, faces challenges like underwriting losses and economic shifts, but advances in technology and risk management show promise for stability.
Commercial auto insurance is essential for businesses that operate vehicles. It covers accidents, damages, and more, ensuring that businesses are protected from potential financial setbacks.
America is on the move. With many employers required or volunteered to offer their employees to work from home and with the telecom availability, people are leaving their more expensive cities and houses, and moving out to cheaper places. In San Francisco, for instance, the exodus is so big, it’s a major news headline every other day with a special vacancy / rent reduction coverage once a week on all media outlets.
Moving can come with a lot of stress. Not only do you have to figure out moving costs, pack and orchestrate the movers, but you also have to update your address across all relevant forms. Two important things to pay special attention to during this time are your auto insurance and home insurance.
No one wants to spend hours getting new insurance quotes or transferring over insurance information, but doing so will protect you, your home, and your vehicle during and after your move. Here, we’ve answered the most common auto and home insurance questions to help cover your bases during your upcoming move.
Personal auto insurance companies increased their rates by an average of 2.1% countrywide in 2014, according to California-based insurance consulting firm Perr & Knight’s RateWatch reports.
The three states with the highest overall increases were:
Michigan: 5.2%
Georgia: 4.7%
Rhode Island: 4.2%
Homeowners insurers increased their rates by an average of 3.5% countrywide in 2014.
The states with the highest overall rate increases were:
Kansas: 8.5%
Texas: 7.8%
Montana: 7.7%Read More »RateWatch: in 2014 Personal Auto Rates Rose 2.1%, Homeowners 3.5%