If the ruling takes effect, mobility scooters would have to have third-party liability coverage in Britain, attorney Cecila Frodsham told The Telegraph. That could be expensive because it currently costs around $129 to buy such insurance for a scooter in the United Kingdom.
In nine metro areas—Detroit, Miami/Fort Lauderdale, the Twin Cities, Tampa/St. Petersburg, Baltimore, Orlando, Jacksonville, Hartford, and New Orleans—yearly premiums exceeded $500 in all zip codes. Those cities include some of the nation’s poorest neighborhoods.
Koenigsegg is giving us a glimpse of the future. It contains the features of the cars that most of us will be driving 10 or 15 years from now. There will be a time in the near future when the transmission will go the way of the carburetor.
It looks as if the insurance industry is positioning itself to operate in a post-insurance agency world. It also appears that Google is positioning itself to get the cut of the premium that currently goes to your insurance agency.
One has to wonder if Google’s entry into auto insurance could make insurance agents go the way of the milkman and become a curiosity. One thing is clear; the insurance industry will never be the same again after Google moves in.