Top 5 Opportunities/Challenges Ahead for Auto Insurance Companies

Ad-ology Research recently updated their Industry Marketing Insights report for Auto Insurance Companies. The following are the predicted Top 5 Opportunities/Challenges from the report for this industry for the upcoming 12 months:

  • Consumers are increasingly buying insurance online due to convenience.
  • A new trend maybe be pet coverage, as some providers being offering collision coverage for customers’ dogs or cats at no additional premium cost.
  • Some insurance companies are offering breaks for hybrid cars.
  • The market continues to be highly competitive, especially with the emergence of Internet-based providers.
  • The weak economy is forcing many consumers to shop around for lower prices.

The Industry Marketing Insights report for Auto Insurance Companies is available on Ad-ology.com (Research Store) for $195 USD with local market data for any U.S. market.

[Source: Ad-ology Research. February 9, 2010]

 

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