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Age matters when it comes to serving affluent insurance clients, Chubb recently reported.
Over 70% of drivers are interested in using connected car data for insurance discounts, but less than a quarter do.
This dangerous behavior is most often associated with high-end, high-performance vehicles, Insurify reports.
Customers aren't happy about auto rate increases, but have found value in usage-based technology and transparency from their insurers.
J.D. Power reports a year-on-year decline in auto insurance customer satisfaction, with direct channels seeing the steepest decline.
While the price of premiums isn't the only reason someone may decide to look for a new insurance carrier, it is the most prevalent across all generations, according to J.D. Power.
How has the growing price of cars impacted Guaranteed Asset Protection (GAP) insurance?
A shortage of vehicles and growing claims costs are shaking up the sector, according to LexisNexis.
Auto-book health initiatives that incorporate these six best practices can produce a significant return on investment.
By offering value-added services, insurers can increase consumer touchpoints and enhance customer loyalty.