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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.
The $1.5 million settlement came six years after a car accident left the plaintiff with post-concussion syndrome and memory loss.
Insurance technology news from Kovrr, West Bend Mutual Insurance, Capco and more.
A ValuePenguin study found that a policy with the cheapest national auto insurer costs 30% lower than the national average.
Insurance technology news from Cover Whale, HOVER, FCCI Insurance Group and more.
Not all coverage bundles peddle the same caliber consumer discount.
Auto insurance rates increased an average of 46% after an accident across the five insurers ValuePenguin studied.
The ranking was compiled by Great Place To Work, which also dug into the top reasons millennials leave a job.
These auto insurance companies observed either highs or lows in the percent of customers shopping last quarter.