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Article: Online Auto Insurance - The Evolution of Auto Insurance.
- Article from:
- PR Newswire
- Article date:
- September 4, 2007
CopyrightCOPYRIGHT 2007 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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CHINO, Calif., Sept. 4 /PRNewswire/ -- Auto insurance dates back over one hundred years to the invention of the automobile itself. In 1927, Massachusetts was the first state to establish laws making it mandatory for drivers to maintain auto insurance on all vehicles. Today, most of the United States have adopted those laws and have made auto insurance a standard requirement.
In the late 20th century, auto insurance began evolving along with technology by leveraging the internet to reduce costs and increase convenience to consumers. Slowly, the traditional paper applications are becoming "paperless" which lead to lower overhead costs for the insurance companies ...