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What Auto Insurance Companies Don’t Tell You

What auto insurance companies don’t tell you is that many drivers follow all the steps for filing a claim in the hopes that their premiums will stay low. Customers believe that their insurance company will be there for them if they ever get into an accident. But is this always the case? Why does it...

What auto insurance companies don’t tell you is that m...

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Auto Insurance Underwriting: Simply Explained (2024)

Here’s what you need to know… Car underwriters determine how much of a risk you are to the insurance company They are the “behind-the-scenes” person who actually calculates how much your insurance premium rates should be and if the company will even offer to insure you Basic policies are sometimes written by an automated underwriting...

Here’s what you need to know… Car underwriters determine...

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Are auto insurance companies profitable?Post

Are auto insurance companies profitable?

Auto insurance companies are typically set up as for-profit corporations. As with any industry, good companies are profitable and bad ones are not. Are auto insurance companies really that profitable? How do car insurers make money? Is the car insurance industry more lucrative than the life or health insurance industries? Today, we’re answering all your questions about whether or not auto insurers are...

Auto insurance companies are typically set up as for-profi...

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Auto Insurance Company vs. Broker: Differences Explained (2024)

Did you know auto insurance agents and auto insurance brokers aren’t the same? What is the difference between an insurance company and an insurance broker? If understanding auto insurance seems complicated, don’t worry. We’ll look at insurance company vs. insurance broker differences in this article. Do you want a quick check of auto insurance quotes...

Did you know auto insurance agents and auto insurance broker...

How do auto insurance companies value cars?Post

How do auto insurance companies value cars?

After an accident, your insurer is responsible for repairing your car to its pre-loss condition. If your car was worth $15,000 before an accident, then your insurance company is required to repair your vehicle or cut you a check for $15,000. But how do insurance companies value cars? Which formula does an insurance company use...

After an accident, your insurer is responsible for repairing...

How do I find the NAIC number for my auto insurance company?Post

How do I find the NAIC number for my auto insurance company?

If you’re filing an auto insurance claim or a DMV report, then you may need to reference the National Association of Insurance Commissioners number, also known as the NAIC number. If you’re asking yourself, “How can I find the number for my auto insurance company?”, you’ve come to the right place. Finding it number is easy when you know where to...

If you’re filing an auto insurance claim or a DMV report, ...

Moving to a New State and Changing Your Auto Insurance (2024)Post

Moving to a New State and Changing Your Auto Insurance (2024)

One of the most common questions we get is whether you need to change car insurance when moving to a new state. And if you do, then how exactly do you update your insurance to reflect the change of address? Sometimes, you have to change your car insurance ASAP when moving to a new state....

One of the most common questions we get is whether you need ...

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