Brevardtimes.com reported today¹ that there are disparities in the premiums being paid by auto insurance based on your zip code in Florida with Miami residents paying up to $2632 and the lowest was reported to be $1043 in Gainseville.  

The averages reported are based on insurance for a single 40-year-old male driver of a 2012 Honda Accord with a clean record and good credit who commutes 12 miles to work each day, with policy limits of 100/300/50 ($100,000 for injury liability for one person, $300,000 for all injuries and $50,000 for property damage in an accident) and a $500 deductible on collision and comprehensive coverage. "This highlights the need for independent agents to use a comparative rater.  

With increasing economic pressures that everyone is facing these days, you can be sure that ...Read More

On July 4, 2013 the Chicago Tribune reported that IL is set to raise the minimum required liability coverage for auto insurance to $25,000 for the injury or death of one person.  The minimum required liability coverage is currently $20,000. The bill is awaiting the signature of Gov. Pat Quinn.  

The increase is being attributed to the rise in costs associated with an accident, namely hospital and healthcare costs.  

The article states that the cost of state minimum auto insurance will rise about $75 per year.  "This will surely add pressure to those already feeling financial pressures.  

Yet again, this will reinforce the need for a quality independent insurance professional who you can trust to find the best rate and the best policy for you and your family," said Chris Albu, Sales Manager at Quo...Read More

The Albany Democrate-Herald reported today that Mobile Apps that show proof of insurance are now accepted in New York and 23 other states.  The article mentions that users of the electronic option of proof of insurance are generally under 40.  

The article also says that drivers can continue to use the traditional option of paper to show proof of insurance.  "The trend is obviously moving towards a paperless solution.  

The insurance industry is no different than every other industry.  Our clients want it and so do their customers, the guys who buy the insurance," said Marco Freudman, President of QuotePro, the leading technology company within the auto insurance vertical.  "That is why we have developed a paperless alternative for proof of insurance."

"Paperless proof of insurance is simply one of our mob...Read More

It was reported this week by Reuters that Low-income earners are being priced out of the market for auto insurance because occupation and education are taken into account by underwriters.  

You can see the full article here.  The article "US Auto Insurance Practices Might Hurt Low-Income Earners: Report" posted on Reuters.com on 07/22/2013 goes on to mention Travelers Insurance quoting over $4000 for state minimum coverage to a driver in Baltimore.  

The Consumers Federation of America's Director of Insurance, Bob Hunter, went on to say that "The quoted prices, especially the 9 exceeding $2000, shows that insurers are either over-charging lower income consumers or are not interested in serving them."

"It comes as no shoc...Read More

As we see summer come to an end the Seattle Times published a fantastic article that can help us weed through the insurance uncertanties of renting a car.  Nobody wants to spend money unnecessarily, but nobody wants to be exposed as well.  The article can be read here:

http://seattletimes.com/html/travel/2021513427_rentalcarinsurancexml.html

Chris Albu said, "This reinforces the role of the independent agent.  

You can use your agent as a resource, as a partner, rather than simply someone who you buy insurance from."

Albu's company, QuotePro, is the leader in software that facilitates sales of auto insurance. "Remember that insurance laws and regulations change from state to state, so be sure to consult your insurance agent."Read More

State minimum insurance may not be the ideal choice for you.  Take this story:

http://articles.chicagotribune.com/2013-08-09/news/chi-highland-park-liquor-store-crash-20130808_1_binny-beverage-depot-bmw

"Crazy things happen to drivers with potentially huge financial liabilities.  This lady running her car into a store is a perfect example.  

This illustrates the needs to take advantage of all that an independent insurance agent can offer," said Chris Albu, Sales Manager at QuotePro.  "Independent insurance agents consistently demonstrate their value through both education and evaluation of their customers' specific situations.  

What's more is that they can shop for...Read More

Are you a parent or a guardian of a teen who is seeking to buy cheap car insurance for teens? If you are, you have no reason to worry anymore. It is no secret that purchasing auto insurance for teen drivers is an expensive adventure. 

Here are the 5 tips on buying cheap car insurance for teens.

Find some of the best deals offered

Car insurance is the law and not an option. Knowing car insurance is mandatory is just the first step in what should be a serious process of comparing auto insurance policies and selecting the right one for your needs.

Before you can purchase car insurance is important you understand the difference between what one policy offers compared to the next, and what your options are in terms of coverage and price.

It's important that you understand what car insurance laws are the state where you live. If you've recently moved to a new state you may find the car insurance laws are different than the state you previously lived in.  

At the very least what you're looking for is the minimum insurance required, and then you can begin to add options from there. That's one of the first things you want to look at when you'...Read More

Obtaining car insurance can be a complicated and frustrating process at times. But there are some great resources available which can help you to find the best coverage for your needs at a competitive price. The steps involved in doing so are pretty simple as well. Let’s explore this further.

If you want to shop for car insurance and find the best coverage for your needs, look no further than the Internet. There are some great sites which make this process easy and effective.

We particularly like the AutoQuoter system which can be accessed through a website. When you visit the site and decide to search out and evaluate different coverage options, you only need enter required information like driver info and history, vehicle info, coverage, location, and other info once.

This data is used to obtain multiple quotes for coverage f...Read More

It is likely that you have, or will be involved in a car accident. A car accident is not something you want to have, but inevitably you may find yourself involved in one. 

Move The Vehicle

The Insurance Journal reported on February 12, 2014 that a bill was stalled in the New Mexico legislature that would have granted non-documented immigrants drivers licenses.  You can read the article in its entirety here: http://www.insurancejournal.com/news/west/2014/02/11/320140.htm

Had the bill passed, or when the bill passes, there would/will be a need for low-cost auto insurance will be high.  The independent insurance agent can help his clientele by using the QuotePro Comparative Rater.  This will allow the agent in New Mexico to find cheap auto insurance, affordable auto insurance, SR22 and auto insurance at a good price.  The QuotePro comparative rater helps agents in Illinois, Texas, Arizona, California, Florida, Missouri, Indiana and a host of other states find the best price for low-cost auto insurance

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The Insurance Journal reported on January 13, 2014 that a Pennsylvania law is set to take effect that will allow state residents to show their proof of auto insurance electronically using mobile devices during a traffic stop.  Pennsylvania joins 29 other states including Arkansas, California, Florida, Georgia, Illinois, Indiana, Missouri and Texas who already accept electronic proof of insurance.  The article can be read in its entirity here: http://www.insurancejournal.com/magazines/features/2014/01/13/316323.htm

QuotePro, a technology company based in Chicago, is able to supply insurance agents and carriers this technology as an off-the-shelf product.  "Our partners love that they can communicate monthly, with each payment.  Being able to deliver something your customer actually wants is very appealing to a...Read More

Foxbusiness.com reported today that the premiums paid for auto insurance can be affected by many non-driving factors such as education level & credit history.  The article said that, "The Federal Trade Commission (FTC) studied credit-based insurance scores and car insurance and found that credit information was indeed an effective predictor of claims that consumers will file.  Thus, in states that allow this as a rating factor, car insurance companies can use your credit score to predict your future claims, and thus use it in their calculation of your final premium."¹

"This article underscores the value of using a quality comparative rater for both the agency and the carrier," said Chris Albu, Sales Manager for QuotePro, a Chicago-based software development company who have been creating the most comprehensive, reliable comparative rater available for the insurance industry.  "Being able easily adapt your product ...Read More

Everyone loves to save money on all kinds of products and services. The same holds true for car insurance. So we will discuss how to find cheap car insurance.

Most car insurance companies and car insurance agents advertise on TV, radio and billboards that they offer the lowest cost or cheapest car insurance. But when it really comes down to it, how can you be sure? Well there are some ways to compares rates and coverage from multiple companies by using a great online service called AutoQuoter.

If you visit the site which offers this capability, you are asked to enter pertinent information to an online form. The information requested normally includes things like contact information, vehicle information, driving history, accident history, location where the vehicle will be used, and other pertinent information as required.

The sy...Read More

Car insurance was something which most people knew they had to get but generally understood little about it. The advent of the Internet has changed this and it is now possible for people to easily compare coverage and cost of car insurance online. If you would like to take advantage of the resources found on the Internet, here are some suggestions.

There are some very helpful and effective websites where a user can enter information about themselves, the vehicles they wish to be covered, driving history, and the type and amount of coverage.

We are very pleased with a site which uses a tool called AutoQuoter. This program will take the information entered and then use it to develop quotes for insurance coverage from many different insurance companies.

The results are organized in a very clear and effective manner. By reviewing these qu...Read More

You have probably noticed that many companies advertise that they offer cheap auto insurance. Everyone wants to save money on their coverage but make certain that if you consider cheap auto insurance, it can provide you with adequate coverage from a reputable company. Here’s a suggestion which is a great option.

The Internet has made it much easier to search for and evaluate auto insurance from different carriers. Do a Google search on the topic and you’ll find literally thousands of sites which advertise cheap auto insurance. However we have found the AutoQuoter service to be one of the best of its kind.

If you access the site which has this service, you will be asked to enter key information including driver and insured name and address, vehicle information, driving history, coverage desired and other data. You only need enter...Read More