State Farm Car Insurance Quote

State Farm Car Insurance is currently number one in America. They have been providing quality coverage to Americans since 1922. They prioritize their customer's needs which they believe keeps them a leader in giving and following through on a State Farm car insurance quote.

Many reputable groups such as the Illinois DOI and various other departments of insurance groups recognize State Farm as a leader in providing car insurance and many other types of insurance. Their car insurance specifically is designed to help financially cover potential car accidents, loss, and injuries. It helps to protect consumers and give them the peace of mind to know they are covered.

Not only does car insurance protect you as the driver, but it also protects fellow drivers on the road, pedestrians, passengers, and property. It's also there to assist you in case you are sued for an auto related situation. Most states require by law that you carry insurance, so it really shouldn't be a choice. With that said, there are many reasons to carry coverage regardless of what the law dictates. Getting a State Farm Car Insurance Quote can show you car insurance can be affordable.

Florida DOI

The Florida DOI (Florida Office of Insurance Regulation) announced recently that the Office has ordered 16 workers' compensation insurance companies to give back over $9.4 million in excess profits to their policy holders. Florida Insurance Commissioner Kevin McCarty made the official announcement.

The Florida Office performed an evaluation of submitted data that had earned premium and losses. They determined that 16 various insurance companies had excessive profits which is defined by the statute for the '05, '06, and '07 years.

The companies include American Interstate Insurance Co, Florists' Insurance Group, Hanover Insurance Group, Guard Insurance Group, Harco National Insurance Co, Indiana Lumberman's Mutual Insurance Co, Liberty Mutual Insurance Companies, MAG Mutual Insurance Co, Memic Indemity, One Beacon Insurance Group, Safety National Group, St. Paul Travelers Group, State Auto Mutual Group, Transguard Insurance Company of America, Ullico Casualty Co, and the Westfield Companies.

The Insurance companies have 60 days from the date of the request to return the premiums to their customers.

Mandatory Auto Insurance

Wisconsin has recently become one of the last states to make auto insurance mandatory. According to the article "Mandatory Auto Insurance Hits Wisconsin" by Hilary Dickinson found on beloitdailynews.com, Wisconsin drivers now face a $500 fine if they are caught driving without the proper auto insurance coverage. They are the 49th state to implement this type of law.

Not only does the law state you must have auto insurance, but you must also carry proof of such auto insurance coverage. Drivers will need to carry their policy card with them, either in the car or in their wallet. If a driver happens to be pulled over and cannot show proof of insurance then they may face a ticket and a fine.

Experts are debating if the fines are going to be enough incentive to get more people to carry auto insurance. Car insurance rates are currently high and even by shopping around and seeking to compare car insurance, some people simply cannot afford the extra cost during these tough times. Since the law went into effect there has not been a significant increase in Wisconsin drivers purchasing car insurance. Experts state that the type of person who would abide this type of law already carry auto insurance because it's the financially responsible thing to do.