Price is the top reason why consumers want to drop auto insurance providers
Many Americans who were thinking of dropping their auto insurance coverage said they were motivated by price. (iStock) The majority of Americans who were considering dropping their auto insurance providers cited prices as the main motivator, according to a survey by data company AnalyticsIQ. Fifty percent of respondents who were thinking about dropping their auto insurers reported that their policies were too expensive and 37% said they would switch carriers if they found a better deal. Almost all respondents said they had each of the major policy coverage types including liability, collision, medical payments, personal injury and comprehensive, as well as uninsured and underinsured, the survey said. Among respondents who did not have this particular type of coverage, 37% said they opted out of coverage because it was too expensive.…