How Auto Insurers Are Leveraging Market Disruptions Accelerated by COVID-19
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.
As many people stayed home and traffic reduced, driving violations and mileage became less reliable predictors of loss.
Exclusive insurers' websites became a leading insurance shopping destination.
As insurers make the shopping process easier, don't be surprised to see more consumers shopping.