Chicago, Ill. (Vocus) April 27, 2009
The Property Casualty Insurers Association of America (PCI) released a video today featuring Robert Passmore, PCI's director of personal lines, and providing tips for how consumers can save money on their car insurance without dropping coverage.
Passmore highlights tips for controlling costs and discusses the importance of shopping around, evaluating your deductible, and carefully considering coverage needs. He also discusses the role of safe driving on auto insurance costs.
While dropping coverage may sound like a way to lower your insurance costs, Passmore explains in the video why the risks involved in doing so are too great.
Passmore has more than 24 years of experience in the insurance industry. At PCI, he is responsible for policy development and issue identification for personal automobile, boat and motorcycle insurance as well as auto safety and claims issues.
PCI is composed of more than 1,000 member companies, representing the broadest cross-section of insurers of any national trade association. PCI members write over $176 billion in annual premium, 35.9 percent of the nation's property casualty insurance. Member companies write 43.8 percent of the U.S. automobile insurance market, 29.6 percent of the homeowners market, 32.8 percent of the commercial property and liability market, and 38.4 percent of the private workers compensation market.