2022 Was Rough for Many US Auto, Property and Casualty Insurers
The US P&C industry recorded a net underwriting loss of $26.5 billion in 2022, worsening by $21.5 billion from the previous year
Car & Auto Insurance
19 posts
Car insurance can help protect you from expensive, sometimes devastating surprises. Basic personal auto insurance is mandated by most provides you with some financial protection in case of an accident.
Auto insurance provides coverage for: Property – such as damage to or theft of your car, Liability – your legal responsibility to others for bodily injury or property damage and Medical – the cost of treating injuries, rehabilitation and sometimes lost wages and funeral expenses.
Auto policy will cover you and other family members on your policy, whether driving your car or someone else’s car (with their permission). Your policy also provides coverage if someone who is not on your policy is driving your car with your consent.
Personal car policy only covers personal driving, whether you’re commuting to work, running errands or taking a trip.
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The phenomenon of social inflation has garnered a great deal of attention in the property and casualty (P&C) insurance industry
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The best auto insurance companies in each state provide liability, comprehensive, collision, PIP, and uninsured & underinsured motorist coverage, plus a range of paid add-ons
6 Major Types of Car Insurance in U.S. What Kind of Auto Insurance Do You Need?
There are many types of vehicle insurance – and the laws, maximum levels of coverage, and definitions can vary from state to state
