Insurance industry experts say that using credit scores to determine a quote is just smart: car insurers want to determine the risk of insuring a given driver before doing so, and using credit scores helps determine that level of risk.
The Insurance Information Institute (III) and
other insurance industry experts recommend bodily injury liability coverage of $ 100,000 per person and $ 300,000 per accident (referred to as 100/300 coverage).
According to
general insurance industry experts, growth has slowed down to around 12 per cent from earlier 18 per cent seen in the last fiscal, due to the slowdown in the domestic economy.
December 5, 2011 - Regulators and
insurance industry experts in California and other western states battered by recent high winds are urging residents to avoid weather - related risks and to file claims for damage to their vehicles and homes as soon as possible.
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Insurance industry experts recommend beefed up liability protection for drivers; in fact, most default policy offerings contain much higher levels of coverage unless the driver specifically asks for pricing on a bare bones plan.
Proponents of Obamacare and
insurance industry experts have already expressed concerns the changes will have the opposite effect.
This would be detrimental from a customer perspective,» said
an insurance industry expert.