Nationwide Insurance is asking West Virginia regulators for a 19% average rate increase on auto liability insurance, a move that could affect more than 27,000 insured drivers.
The West Virginia insurance commissioner said in a bulletin this week that written comments will be accepted through April 30 on the proposed increase, the latest hike requested by auto insurers in the state and around the country.
Comments can be mailed to:
Property Casualty Division, Re: Liability Increase West Virginia Offices of the Insurance Commissioner; P. O. Box 50540; Charleston, WV 25305-0540.
Nationwide Insurance Co. of America is asking for an 18.69% average increase and Nationwide Property and Casualty Insurance is seeking a 19.1% raise.
Was this article valuable?
Here are more articles you may enjoy.
Home Insurance at $10,000 a Year Shows California Buyers’ Pain 
Big ‘I’ Report: Independent Agency Channel Placed 62% of Premiums in 2023 
German Insurtech Wefox to Replace CEO After Board Rejects Mubadala Sales Plan 
Three Charged With Helping Agents Cheat on Florida Insurance License Exams 
