Latin American Agents Association

I.I.I.: Competition in U.S. Auto Insurance Market Has Driven Down Premium Costs

A highly competitive auto insurance marketplace is making coverage more widely available and affordable for all drivers, according to the Insurance Information Institute (I.I.I.). The I.I.I. vigorously contested a Consumer Federation of America (CFA) study which asserted that insurance rating practices were driving up auto insurance prices for low- and moderate-income households.

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