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Top 5 Auto Insurers File for Average 6% Rate Reduction This Year, Florida OIR Says

Insurance Journal

Florida may have had some of the highest property and auto insurance rates in the country in recent years, but so far this year, the largest auto insurers have filed for rate decreases averaging about 6%, regulators said. “We are …

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Kentucky Auto Insurers Must Use Blue Book or J.D. Power on Vehicle Values, DOI Says

Insurance Journal

Auto insurers in Kentucky now have some official guidance and liability protection when determining the value of wrecked vehicles. In keeping with Senate Bill 136, approved on an emergency basis by state lawmakers this year, the Kentucky insurance commissioner last …

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NYC Mayor Adams Signs Bill Lowering For-Hire Vehicles’ Insurance Mandate

Insurance Journal

New York City Mayor Eric Adams has signed into law legislation reducing the auto insurance liability coverage that for-hire vehicles must carry. The new law reduces the amount of personal injury protection (PIP), or no-fault, insurance coverage that the city’s …

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Driving Without Insurance in Florida

TGS

Yes, driving without insurance in Florida is illegal. The state mandates that all registered vehicles carry minimum auto insurance coverage as the Florida Financial Responsibility Law outlines. Understand Your Needs: Beyond the minimum, consider adding bodily injury liability or collision coverage for extra protection.

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Understanding the Complexities of CPI in Auto Lending: A 2025 Perspective

Unitas Financial Services

Collateral Protection Insurance (CPI) has long served as a tool for financial institutions to mitigate risk when borrowers do not maintain required auto insurance. This article provides a quick general overview of those costs and compares CPI with an alternative approach Blanket Vendors Single Interest (VSI) coverage.

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Effective Insurance Agency Marketing Plan Examples

Tosten Marketing

For example, use “auto insurance in [Your City]” instead of just “auto insurance.” Harness the Power of Social Media Social media isn’t just for entertainment; it’s a powerful tool for insurance agencies to connect with their community and showcase their expertise.

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Business Owner’s Policy for Restaurants

Distinguished

A Business Owners Policy, commonly known asa BOP bundles essential protections like property, general liability, and liquor liability into one streamlined solution. This type of insurance is especially valuable for restaurants looking to simplify their coverage without sacrificing protection.