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The 10 largest car insurance companies make up over three-quarters of the entire auto insurance market and are led by State Farm, Progressive and Geico.
Finding insurance in California, especially for fires, may prove increasingly difficult as many large providers have reduced or pulled their coverage. Farmers Direct Property and Casualty Insurance is one of the latest, after surrendering its certificate of authority Sept. 15 in California, which means the primarily home and auto insurance provider no longer offers policies to Californians. A spokesperson for the company told The Epoch Times its decision was due to an initiative by its parent company, Farmers Insurance, to “increase operation ...
A law that gives Californians a direct roll in what insurance companies can charge has benefited the consumer group that wrote the law.
Auto insurance companies must institute paybacks to California drivers, who have largely kept their cars parked during the stay-at-home order mandated to slow the spread of the coronavirus...
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SACRAMENTO, Calif. (AP) — Insurance claims from last month's California wildfires already are at $9 billion and expected to increase, the state's insurance commissioner announced Wednesday.
A growing number of auto insurance companies are offering payback or discounts to drivers during the coronavirus pandemic. ; With most Americans advised to stay home as much as possible, street traffic across the nation has plummeted. ; Allstate announced a plan Monday to return millions in auto insurance premiums to drivers. By Wednesday, companies like American Family and Geico had joined the group.
Auto insurance rates are increasing throughout California for a number of reasons. But there are ways to cut costs on your premiums, experts say.
New Jersey auto insurance policies now have higher minimum liability levels — which will mean higher premiums for more than a million drivers in the state.