According to Ohio Historical Society, Gilbert J. Loomis purchased the first automotive liability policy in
Online car insurance
As a result of the developments in the field of information technology, by the year 1995, American insurance companies started posting their Car insurance quotes online. In the following years numerous big and small insurance companies started publishing their car insurance quotes online. Today not only that the people in USA can easily buy car insurance policies online, the buyers have also plenty of choices to buy car insurance. The introduction of online car insurance was a turning point in the history of car insurance in USA. When numerous insurance companies compete online to attract the consumers the consumers have the great advantage of availing the best quality insurance coverage for the most competitive price.
Principle remains the same
The Philadelphia Contributionship gave birth to American insurance in the year 1751 and it is heartening to know that even after so many years the principles behind the insurance policies are the same. The principle behind the Philadelphia Contributionship was that the payments received from the members would be used when any one of the members falls victim to fire-related losses. The policy behind the car insurance policy is also similar. The car insurance ensures protection to the
Customers enjoy the most delightful experiences
In the year 2015, about 203 million passenger cars were insured in
Today the $200 billion car insurance market in
Impact of Smartphones and PC
Technological advancements also are taking place rapidly on the car insurance scenario in USA. The products as well as services are becoming “smarter” and the various outcomes of technological advancements such as improved medical treatment methods, speedy processing of data and a well-connected world by the Internet have greatly impacted the car insurance industry. The different connected devices of the world such as home PC and Smartphone had greatly impacted the insurance industry. The interesting aspect of car insurance is that the latest technology has enabled cars also to join the internet of things (iOT). Today insurance agents and those who sell insurance policies in USA are provided with access to apps that enable them to send their car insurance quotes to the Smartphones of the consumers. On the other side, the policy holders are able to talk to their insurers in real-time. The car insurance agents in USA are able to provide more efficient service to their clients and technology has facilitated useful and productive conversations among insurance agents and clients. Ultimately, everyone will have the best solution.