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Close (Photo : Karen Condor ) We all know that safety technology in vehicles is saving lives and saving on auto insurance, but don t forget the role of GPS in telematics and usage-based auto insurance in doing that as well, such as pay-as-you-drive car insurance. Technology has also positioned insurance companies to save potential and current clients time, from getting rate quotes to making the accident filing process easier, thanks to image analytics assisting with auto repair claims. Review how technology is saving auto insurance customers time and money, and also see what the future holds: Driverless autos, yes. Flying autos, ever? Cheaper insurance? Read on. ....
Travelers issued its first insurance policy in 1864 when its founder charged a Hartford banker two cents for accident protection on his walk home from work. Travelers is now one of the largest insurance providers in the U.S. Travelers is a well-known, established insurance provider with a long history of covering auto and home claims. Unlike its competitors, though, Travelers does not cover life insurance. Rates are below the industry average but not the cheapest. Yet you’ll have a wide variety of flexible coverage options and discounts to choose from. You could be best served by a Travelers policy that provides sufficient financial protection that also fits your budget. ....