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Auto Insurance facts

While investigating facts about Auto Insurance Companies and Auto Insurance Near Me, I found out little known, but curios details like:

Men pay about $15,000 more for auto insurance over their lifetimes than women do

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The vast majority of auto insurance claims are processed through a software called Colossus, created by McKinsey, was systematically designed to increase a company's bottom line profit margins and to screw out consumers...

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In my opinion, it is useful to put together a list of the most interesting details from trusted sources that I've come across answering what auto insurance is the cheapest. Here are 14 of the best facts about Auto Insurance State Farm and Auto Insurance Auction I managed to collect.

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  1. During the Montgomery Bus Boycott, city officials tried to prevent black residents from carpooling by pressuring auto insurers to cancel their policies. Boycott leaders organized new policies through Lloyd's of London, a company that once insured slave ships.

  2. State Farm Insurance were successfully sued for $8M after charging customers with no criminal records with insurance fraud following an auto claim

  3. Michigan routinely has the highest auto insurance rates in the nation. In 2016, the state average was $2738, more than double the national average of $1325. Michigan's neighbor, Ohio, averaged $900, making it the second least expensive state for auto insurance behind Maine, who averaged $808.

  4. Owners of a Philadelphia auto-shop was charged with falsifying insurance claims for deer collisions, even having employees gather deer blood, hair and carcasses to recreate the collision scenes for photos.

  5. The wealthiest (with over $450m) member of US Congress, Darrell Issa, is suspected of a lifetime of crimes including multiple allegations of grand theft auto, and arson to commit insurance fraud on his car alarm company.

  6. Stephanie Courtney (Flo the Progressive insurance girl) was arrested in 2018 for DUI and not having auto insurance

  7. Insurance Quotes - Auto Insurance V S Health Insurance

  8. If you are married and your auto insurance carrier doesn't know about it, you could be paying up to 30% more a month.

  9. An Economist found male drivers pay more for auto insurance than their female partners, car insurers are avoiding European equity laws by making sexual orientation judgements based on people's jobs

  10. Having a store credit card can raise your auto insurance premiums.

auto insurance facts
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There is a European company that specialized in auto insurance for chess players

Geico is an acronym that stands for Government Employees Insurance Company. It was founded to provide auto insurance directly to federal government employees and their families. - source

This is our collection of basic interesting facts about Auto Insurance. The fact lists are intended for research in school, for college students or just to feed your brain with new realities. Possible use cases are in quizzes, differences, riddles, homework facts legend, cover facts, and many more. Whatever your case, learn the truth of the matter why is Auto Insurance so important!

Editor Veselin Nedev Editor