Many insurers have been collecting driving telematics data on their customers for years. This data is then used to assign a driving score to the driver, which informs the rate these drivers pay for their auto insurance premiums. State Farm is looking to innovate on this concept by introducing real-time telematics data. How Do Insurers […]
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Unless you live in a major city with easy public transportation, like New York or Boston, you probably need a car to get around town. Buying a car can be a major expense, and there’s a lot to consider. Many people decide to lease a car, but a lot of people don’t fully understand what […]
Continue Reading...The auto insurance industry has undergone massive changes thanks to new inventions. From faster cars to seat belts and now cell phones—all of these things have substantially impacted the safety of those who take to the roads in the United States. In fact, drinking and driving are quickly being overtaken by distracted driving as the […]
Continue Reading...A study directed by the Insurance Research Council (IRC) and co-sponsored by the Hanover Insurance Group, came to some rather disturbing conclusions regarding the number of drivers on the road without any form of auto insurance. In short, there are more people driving without insurance than you might think. How Many People Are Driving Without […]
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