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Auto Insurance Issues
Pay Only As You Drive Auto Insurance Coming in 2009
2009 will bring pay-only-as-you-drive (PAYD) auto insurance policies to the marketplace. It is reported that 14 insurers are already committed to launching such products in the coming year. Many more will, no doubt, jump on board quickly to prevent losing policyholders to competing companies. Not everyone agrees this insurance is worthwhile for consumers. In this article, we'll recap the pros and cons of PAYD products.
Dec 12, 2008 - 1:36:02 PM
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Auto Insurance Issues
Claims and Settlement Info
Repair Quality Below Average in Progressive Concierge Shops
63 percent of Concierge customers blame their substandard repair directly on Progressive, the insurance company that took their money in exchange for the right to stand in their place in dealings with the body shop. As far as consumers are concerned, the hand-off approach makes the insurer solely responsible for the outcome of the repair, whether good or bad.According to J.D. Power and Associates, 48 percent of a customer’s overall impression of his/her insurer is driven by their claims experience. The worst part for Progressive is that we know from historical data that customers who are to some degree dissatisfied are more apt to shop for coverage among other insurance companies, and are less likely to renew policies with the same insurer. Can Progressive turn customer opinion of Concierge around?
Jan 4, 2008 - 12:53:36 AM
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Auto Insurance Issues
Claims and Settlement Info
Settling an Auto Insurance Claim in Ohio
You've just been involved in a crash with your vehicle. Do you know what to do? Who should you notify? What should you expect from your insurance company? These are just a few of the questions motorists face once they've been involved in a crash. This information should assist and prepare you for certain expectations when submitting an automobile insurance claim. [MORE]
Dec 15, 2006 - 3:47:00 PM
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Auto Insurance Issues
Total Losses
More Autos Total as Repair Costs Increase
According to a recently published report of industry trends by Mitchell International, the number of total loss auto claims continues to rise each year. Mitchell has counted frequency based on damaged reports processed in its system and determined that between 18 and 23%, or about one of every four or five cars estimated will cross the total threshold making them candidates to be junked. That number is expected by some sources to climb to 30% within two to three years. By reading this article you'll learn what's driving the increase in totals, and learn when it's in a consumer's interest to keep a car once it's reached the total loss threshold ...
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Oct 5, 2006 - 12:34:00 AM
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Auto Insurance Issues
Claims and Settlement Info
Auto Shops Rewarded for Failing to Keep Up With Times
It has long been the complaint of high quality body shops and glass shops that insurers fail to recognize varying levels of equipment and competency between vendors in particular markets when writing claims checks. But Charles Cumpston, Editor of AGRR Magazine (Auto Glass Repair and Replacement) says, "...if consumers are to continue to get good, safe auto glass installations, then at some point the insurance companies are going to have to realize they have to pay for them." Click here to read more of Cumpston's comments in this informative article ...[MORE]
Oct 3, 2006 - 3:19:00 PM
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