Lower Insurance Rates Now

Insurance rates are set by adding all the claims that were paid, overhead, expenses and profits and then dividing that amount by the number of people who buy policies.   The restrictions and shutdowns implemented in our attempts to control the COVID 19 virus have among other things, led to people driving less, fewer car accidents and fewer insurance claims.  Several insurance companies have already lowered rates, but all should.  Here is what Forbes Magazine wrote: 

"With less traffic on the road, there have been fewer accidents and fewer car insurance claims. And the prospect of paying claims is what auto insurance base their rates on. Several car insurance companies have now stepped up to offer their customers refunds. "

The Insurance Commissioner in California has order refunds.  Why hasn't the Pennsylvania Insurance Commissioner done the same?

Please join me is demanding the Pennsylvania Insurance Commissioner order a roll back in insurance rates.

 

Action Step

Contact the Pennsylvania Insurance Commissioner: ask

for a hearing on why insurance rates have not yet been lowered.

I'm a paragraph. Click here to add your own text and edit me. It’s easy. Just click “Edit Text” or double click me to add your own content and make changes to the font. Feel free to drag and drop me anywhere you like on your page. I’m a great place for you to tell a story and let your users know a little more about you.

​This is a great space to write long text about your company and your services. You can use this space to go into a little more detail about your company. Talk about your team and what services you provide. Tell your visitors the story of how you came up with the idea for your business and what makes you different from your competitors. Make your company stand out and show your visitors who you are.

It would be a mistake to believe that the election of Joe Biden and Kamala Harris will solve all of the problems consumers face.  Until we organize and ensure that our voice is heard, we can expect corporate America and its lobbyists and apologists to continue to advocate for decontrol, deregulation, and unfair trade at the expense of consumers and workers.  It's time to organize.

CONTACT

E: Lance@LanceHaver.com

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