In a market ripe for disruption from not only direct writers slashing prices but also newcomers like Goji, Coverhound and autoinsurance.com, independent agents must change their strategy in order to maintain a competitive edge.
Some argue that personal auto insurance has become a commodity. But independent agent Samuel Bennett emphasizes coverage, not price, as the “beginning, middle and end” of conversations with clients.
Google Compare may have exited the auto insurance marketplace, but the real disruptor remains: Generation Y. Here are the top two personal auto coverage spaces millennials are transforming.
Progressive’s Snapshot is a voluntary discount program in which drivers can save money on their car insurance by sharing their driving habits with Progressive. People who drive less, in safer ways and during safer times of day are most likely to get a dis
Auto dealerships are a volatile niche for insurers. With some programs exiting the market, Risk Theory is stepping into the gap with a product that helps auto dealers manage significant risks to their inventories, including hail, flooding, collision, thef
Safeco has redesigned its new auto program to offer four coverage levels for auto, classic car and RV policies that build on each other and offer combined features.
Condon Skelly is implementing a different collector vehicle underwriting game plan since its acquisition in 2010 by Pennsylvania-headquartered multilines program administrator NSM Insurance Group.