Kansas set to join the growing number of states adopting the “no pay/no play” insurance law in an effort to reduce the number of uninsured drivers. States across the nation are enforcing new laws in an attempt to get drivers to obtain and keep insurance. The latest statistics show around 13 percent of Kansas drivers are uninsured. While not good, it is still lower than several states, including neighboring Oklahoma, whose uninsured drivers rank over 20 percent. The property and casualty insurers’ support the no pay/no play laws and feel…
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California Car Insurance: Sequoia offering new “Pay As You Go” insurance plan
Following the latest insurance trend sweeping the nation, Sequoia Insurance Co., one of the largest insurers in California, will begin offering a pay-as-you-drive auto insurance policy. Sequoia joins State Farm and Progressive in offering this particular policy, increasing the options available to California drivers. Progressive was the first to incorporate this concept into their coverage options after finding that fewer people were taking to the road in light of rising gas prices and other costs. Drivers interested in the coverage must first have a small device installed in their vehicles.…
Read MoreProgressive announces new options in car insurance
Progressive, the second largest auto insurer in Florida, has announced their new program that will provide discounts to drivers that spend less time on the road. To be eligible for the coverage, drivers must allow the insurer to track how much they drive. This usage based insurance is designed to encourage people to drive less, lowing greenhouse emissions, and also to provide more accurate pricing on auto policies. The plan will specifically benefit travelers who leave their cars parked at airports for several days, families with additional, less used vehicles,…
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