Autoinsurancew File

Covers the other person's bills if you’re at fault [27].

The story began in in Dayton, Ohio. A man named Gilbert J. Loomis bought the first-ever automotive liability policy from Travelers Insurance Company [11]. At the time, cars were rare and often terrified horses on the road. This initial policy was simple: it protected Loomis if his "horseless carriage" damaged property or injured a person [11]. The Growth of Coverage autoinsurancew

States began mandating insurance. Massachusetts became the first state to require it in 1925 to ensure victims of accidents could be compensated. Today, almost every state (except New Hampshire and Virginia) requires some form of auto insurance [40]. The Modern "AutoInsurancew" Experience Covers the other person's bills if you’re at fault [27]

Insurers use your driving history, location, age, and even credit score to predict how likely you are to file a claim [7, 12, 14]. The Growth of Coverage States began mandating insurance

As cars became more common, the industry expanded to cover more than just the damage you caused to others: