How Auto Insurers Are Leveraging Market Disruptions Accelerated by COVID-19
Consumers took advantage of regulatory directives to stretch out payments or avoid cancellations. Tax changes may prolong that disruption.
As many people stayed home and traffic reduced, driving violations and mileage became less reliable predictors of loss.
Despite the many personal, business and economic changes that occurred during Covid, credit scores largely held steady.
The Covid pandemic saw a drop in policy endorsements and newly licensed drivers.
Exclusive insurers' websites became a leading insurance shopping destination.