Regulations could benefit drivers in North Carolina New regulations may have a major impact on drivers throughout North Carolina, if they are approved by the state’s lawmakers. These regulations would change the state’s auto insurance laws, which were created in 1957 and have seen little reform over the years. The regulations have managed to win strong support from the state’s insurance companies, many of whom are eager to see changes to insurance laws in order to better manage modern trends and risks in the state’s market. Insurers show support for…
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Auto insurance survey gives the leaders some time in the spotlight
This latest study took a number of different categories into consideration to show where insurers shine. The auto insurance industry has just undergone another study, this time to help to provide some insight into the way that consumers think about the various insurers offering them coverage. Leading the companies in terms of customer satisfaction was USAA. According to the respondents to the auto insurance survey, one in every four said that they had considered changing their providers at some point during the last year. Among the customers in that category,…
Read MoreState Farm aims to lower cost of auto insurance with new program
State Farm attracting attention over new program Since early December, 2012, State Farm has been offering significant auto insurance discounts for those participating in the company’s Drive Safe and Save program. Currently, this program is only available to drivers in Wisconsin, a state well known for its privacy advocacy. State Farm suggests that the program can help drivers save money on their insurance coverage, but some state officials suggest that the information that the insurer could obtain through the program outweighs the potential benefits that consumers may see. Small device…
Read MoreFord SYNC could help drivers save on their auto insurance coverage
Ford introduces new technology to help drivers lower their insurance premiums Famed automaker Ford has developed a new Internet-based technology that could help U.S. drivers save on their auto insurance. Automakers are beginning to play a bigger role in the insurance industry, with many introducing ways for consumers to save on coverage. Some of these companies, such as Ford, have partnered with insurance companies for the benefit of consumers. Ford has teamed with State Farm Insurance to introduce its new Ford SYNC technology, which allows vehicles to connect to the…
Read MoreState Farm auto insurance remains outside of Massachusetts
Following the end of the state-set auto insurance rates in Massachusetts three years ago, there have been over a dozen new insurers that have rushed in to take their piece of that sector. However, the largest auto insurer in the country, State Farm Mutual Automobile Insurance Co., has decided that it will be remaining outside of the state. Other insurers that have made their way in include Allstate, Geico, and Progressive. It’s believed that a fourteenth new auto insurer, Sun Prairie, Wisconsin-based General Casualty, will soon be joining that market.…
Read MoreCar insurance rates in Georgia to fall for State Farm customers
Policyholders in Georgia with State Farm Mutual Automobile Insurance Co. can look forward to a decrease in their rates by an average of 2.2 percent starting on November 21, 2011. State Farm is the leading car insurance company in Georgia. It will be saving its customers in the state a total of $23.2 million per year. The Georgia Insurance and Safety Fire Commissioner’s office explained that the reduction in rates by State Farm are not the result of any state mandates. According to one of the commissioner’s spokespeople, the Georgia…
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