![]() ![]() As a result, revenues for the year increased by about 10%. The company is also committed to building relations with its agents and brokers by investing in agency productivity, lead generation, and training.įactors that contributed to strong premium growth (11%) for Infinity in fiscal 2011 included improvements in agency incentives, the addition of policies with broader coverage into its business mix, decreases in rates in some states, and competitor rate increases in some states. For example, the company offers products with buy-up/buydown options and introduced its new DriverClub service with free membership for roadside assistance. It is depending on meeting customers' lifestyle and budget needs by providing flexible product offerings and pricing options. Infinity is pursuing a strategy for growth that it hopes will help it to overcome the soft insurance market of the past several years and deliver shareholder value. It is, however, also happily maintaining its presence in less densely populated states with plenty of bad drivers such as Colorado, Alabama, South Carolina, Tennessee, and Connecticut. Infinity has its sights set on expanding its business in the urban areas of large states (specifically California, Florida, Texas, Georgia, Pennsylvania, Arizona, Nevada, and Illinois). The company has increased advertising spending and agency incentives, including commissions, to stimulate growth in these areas. Personal non-standard auto insurance accounts for more than 90% of its premiums California accounts for about half of that business. Infinity distributes its products through more than 12,900 independent agents. Licensed in all 50 states, the company currently focuses its business on targeted urban areas of a handful of states. The company also offers standard and preferred personal auto, commercial small fleet, and classic collector auto insurance. The insurer primarily provides personal nonstandard auto policies - Infinity is a leading writer of policies for high-risk drivers in the US. Working with an insurance representative to create a car insurance policy that addresses your individual needs and budget can protect you, your loved ones and your assets in the aftermath of an accident.Infinity Property and Casualty does have its limits, but it goes farther than most to cover high-risk drivers. Without the proper coverage, your financial well-being may be at risk. If you cause an accident or get into one with an uninsured or underinsured driver, you may be held responsible to cover related expenses, such as car repairs, property damage, medical bills, lost wages, legal fees and more. Beyond legal requirements, carrying car insurance is a smart decision. ![]() ![]() If you finance or lease your vehicle, your lender may also require specific car insurance coverages and limits. A basic car insurance policy is required for drivers in most states, although the mandatory minimum coverage and policy limits will vary. It is a contract in which you pay a certain amount - or “premium” - to your insurance company in exchange for a set of coverages you select. See the difference for yourself.Ĭar insurance is designed to protect you and everyone who shares the road from the potentially high cost of accident-related and other damages or injuries. Those are just a few of the reasons choosing an independent insurance agent is such a good choice. And as life changes, you can even count on your independent agent to help you update your choices. If you ever need to file a claim, your independent agent can help you through the process. They're free to tailor solutions to fit you, your needs, your life, to help you make the choices that are right for you. But independent agents aren't held captive by one company. You see, some insurance agents work for only one company, so they can't offer you a choice of brands and policies. Because they don't choose an independent insurance agent. And yet when it comes to something as important as protecting ourselves, our property, our family, some people surrender choice without even knowing it. In fact, choice is something we as Americans can't even imagine doing without. The ability to determine what's best for us- our needs, our life, our choice. ![]()
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