Electronic billing is more than a trend, and it may be coming to an insurance line near you, according to a feature in Mitchell Internationals latest Industry Trends report.
What may not be apparent to insurers are the myriad ways in which persistently high fuel prices affect consumer decisions and behavior that directly impact both the severity and frequency of auto insurance claims.
Mitchell illustrates the relationship between swelling fuel prices, total losses, and the resale value of cars from the most fuel-efficient hybrids to gas-guzzlers.
Mitchell illustrates the relationship between swelling fuel prices, total losses, and the resale value of cars from the most fuel-efficient hybrids to gas-guzzlers.