Sentences with phrase «total auto insurance market»

The insurer of assignment is chosen based on their share of the total auto insurance market in Iowa.

So, for example, if Farmers Union has 10 % of the total auto insurance market in Montana, then Farmers Union will be assigned to cover 10 % of the high risk drivers in Montana.

So for example, if GEICO has 12 % of South Dakota's total auto insurance market, then GIECO will be assigned 12 % of the high risk drivers by the South Dakota AIP.

The program is an agreement among all the licenced auto insurance companies in Indiana to accept a share of high risk drivers that matches their share of the total auto insurance market in the state.

So for example, if Farmers Auto Insurance has 14 % of the total auto insurance market in Oklahoma, then Farmers must cover 14 % of the high risk drivers assigned through the OK AIP.

Not exact matches

For drivers and owners of early - model cars with very low market values, public liability and property damage auto insurance meets state insurance coverage requirements and may make sense due to the minimal financial loss the owners incur if the cars are totaled in accidents.

A 2008 Conning study found that in 2006 auto insurers specializing in nonstandard private passenger auto insurance had direct premiums written of $ 36.9 billion, representing 22 percent of the total private passenger auto insurance market.

Auto insurance companies were ranked by the dollar amount of premiums written each year, which provided a percentage of each company's total market share.

In this statistical study, researchers ranked auto insurance companies in terms of the actual dollar amount of annual premiums written, which provided an indication of each company's total market share.

Before we begin, it's worth mentioning that Georgia's fifth - largest auto insurance provider was USAA, taking 8 percent of the total market share.

Shown here is a list of the ten largest auto insurance companies in Minnesota, ranked in terms of each company's total market share within the state of Minnesota.

State Farm is the largest auto insurance company in the U.S. and possesses 18 % of the total available market share.

When a vehicle is totaled, a standard auto insurance comprehensive policy will issue a check to the policy holder for the actual cash value (ACV) of the vehicle, a number which represents the insurance company's closest assessment of its market value had it been sold on the day of the loss claim.

And, as with all new cars, you'll be required to carry collision and comprehensive insurance, both of which will raise your premium since your auto insurance company will have to pay out the vehicle's market value if it's stolen or you total it.