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Shopping around may help those with poor credit save money on auto insurance.
The U.S. auto market is heavily concentrated with 10 large companies accounting for around 72% of the market.
Speeding is far from the only peril faced by today's drivers.
The acquisition would be the first for Lemonade, which is aiming to bolster its bundled offerings.
In a court case considering the matter, an insurance company argues the plaintiff should have taken prophylactic measures.
The findings highlight an opportunity to better educate policyholders on the potential of usage-based insurance.
The state commissioner's March 2021 order prohibited insurers from using credit scoring to set insurance rates.
Giving renters the ability to bundle other lines of coverage improves customer satisfaction and brand loyalty, J.D. Power reported.
Insurers face significant customer retention risks as more baby boomers prefer to rent rather than own homes.
A ValuePenguin study found that a policy with the cheapest national auto insurer costs 30% lower than the national average.
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