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Buy custom Auto Insurance: Factors Affecting Operational Level of Planning

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Topic: Business
Number of pages / Number of words: 4 / 960
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Spending on auto insurance is expected to grow an average of 1.5 percent this year, to $870 per vehicle, according to the Insurance Information institute. Nevertheless, many drivers are getting a break. In New York, 10 big auto insurers -- including market leaders All State, GEICO Corp. and State Farm Insurance Co...


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and State Farm Insurance Co. -- have cut rates an average of 5 percent to 6 percent this year, saving New York drivers nearly $350 million(Price Water House Coopers, 1999).

State Farm, the nation's largest auto insurance underwriter with about 19 percent market share, says it has dropped prices in 32 states this year while raising them in just one: North Dakota...


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