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.
Dramatic changes in insurance shopping patterns have insurers watching each other, economic trends and industry experts.
As insurers make the shopping process easier, don't be surprised to see more consumers shopping.
Prior to Covid, insurers handled only a small portion of claims via virtual tools, a pattern that reversed almost immediately.
Despite the many personal, business and economic changes that occurred during Covid, credit scores largely held steady.
