What's more, Carrasquillo says, actuarial data (statistical information used to underwrite insurance policies) show
annual auto claims exceed claims for either homeowners, condo or renters insurance — which means insurance companies can maximize their profits if they write as many property insurance policies as they do auto policies.
What's more, Carrasquillo says, actuarial data (statistical information used to underwrite insurance policies) show
annual auto claims exceed claims for either homeowners, condo or renters insurance — which means insurance companies can maximize their profits if they write as many property insurance policies as they do auto policies.
Not exact matches
Compact SUVs were out in force at the
annual LA
auto show — including Alfa Romeo's 505 hp offering, with a
claimed 0 - 60 of just 3.9 seconds.
Many consumers realize that filing an
auto insurance
claim will likely result in a raised
annual premium.
Customers can save 10 % on their
annual premiums if they have been
claim - free for five years on their homeowners or renters insurance policy, and they can save up to 10 % for bundling home and
auto insurance together.
It probably comes as no surprise that filing an
auto insurance
claim will likely result in a raised
annual premium.
Using a hypothetical 45 - year - old married female driver who's employed, has an excellent credit score, has no lapse in coverage and has filed no prior
auto insurance
claims, the study looked at how much
annual premiums can go up after filing one of three different types of
claims:
As some companies eliminate or reduce the significance of
annual mileage as a rating factor, a new study reports a «strong correlation» between miles driven and
auto insurance
claim costs.
Let's assume your average
annual auto insurance premium is $ 1,000 and that you've paid it diligently for the last 20 years and never made a
claim.
It probably comes as no surprise that filing an
auto insurance
claim will likely result in a raised
annual premium.
Many consumers realize that filing an
auto insurance
claim will likely result in a raised
annual premium.
Because
auto insurance companies use your
claims records to determine your
annual rates, keeping the count down is in your best interest.