Who is online insurance agency? They do 10 quotes and make an overall assessment of the auto insurance industry nationwide? Why not get an opinion from an actuary?
I assure you, rates in AZ. did not go up between 2007 – 2008 and actually decreased slightly primarily due to competition buying market share.
I.J. should get info from a REAL auto insurance operation.
As top line growth is becoming a challenge for auto insurance companies. One of the strategies they could adopt to protect the bottom-line is outsourcing of non-core functions. Take the case of Equity Insurance which was able to reduce its cost of operations by 35-40% while improving customer service levels.
I would like to invite you to read this interesting case study on:
“UK Insurance Company’s Outsourcing Success Combines Cost Savings with Long-Term Efficiency Increases” http://www.outsourcing-journal.com/nov2009-uk.html
Insurance.com is the largest online independent auto insurance agency in the country. Where does it say rates went up in AZ from 07-08?
Besides, if you go to their site, it clearly states it’s an average of the quotes they receive directly from the insurance companies’ rating engines in 46 states. How is that not legitimate data?
Who is online insurance agency? They do 10 quotes and make an overall assessment of the auto insurance industry nationwide? Why not get an opinion from an actuary?
I assure you, rates in AZ. did not go up between 2007 – 2008 and actually decreased slightly primarily due to competition buying market share.
I.J. should get info from a REAL auto insurance operation.
Not a very concise article. It seems they are looking at average premium. This may not be the same as the rate itself.
As top line growth is becoming a challenge for auto insurance companies. One of the strategies they could adopt to protect the bottom-line is outsourcing of non-core functions. Take the case of Equity Insurance which was able to reduce its cost of operations by 35-40% while improving customer service levels.
I would like to invite you to read this interesting case study on:
“UK Insurance Company’s Outsourcing Success Combines Cost Savings with Long-Term Efficiency Increases”
http://www.outsourcing-journal.com/nov2009-uk.html
Insurance.com is the largest online independent auto insurance agency in the country. Where does it say rates went up in AZ from 07-08?
Besides, if you go to their site, it clearly states it’s an average of the quotes they receive directly from the insurance companies’ rating engines in 46 states. How is that not legitimate data?