An insurance journal article sites the firms prediction due to today’s millennial’s habits and down ward trending car accidents.  Less fatalities due to safer vehicles, increased use of on demand car service and the adoption of autonomous vehicles will reduce the demand for auto insurance.    The article also predicts the cost per accident will be reduced and that the cost to repair vehicles will increase.

 

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Best,

Kelly Hodge

310-477-2666

khodge@hodgeins.com

Linn T. Hodge & Sons

Here for you since 1929!