Compare Auto Insurance Quotes - Cheap Auto Insurance

The Auto Finder can assist you with locating low cost auto insurance from the most reliable providers available! Our team of auto insurance experts have been researching which companies offer the most coverage with the lowest rates possible and you will find them listed below.

Click Here for Great Deals from 21st Century Auto Insurance!

Insurance, Don't leave home without it!

Most states require that you have auto insurance on your car, truck, or van.   Most banks require auto insurance before you receive an auto loan.  Depending on the price paid for a used car, you should ask about full coverage insurance prices.  Laws differ from state to state. The sites listed below will help you with the laws in your state and give you free quotes.

Hallmark Makes Move Towards Auto Insurance

 

When people hear the name Hallmark they have a tendency to think that they are talking about greeting cards. However, there are other companies out there that are sharing the popular name that have nothing to do with cards – in fact, they are more to do with finances. The Texas based Hallmark Financial Services just so happens to be one of those companies. They have signed an agreement with State Auto National Insurance Co. from State Auto Financial Corp. for their Hallmark Insurance Co. to take over their auto insurance.
 
They will be acquiring the auto insurance company for $14 million in cash at closing. They are also going to give them an earn out of up to $2 million as part of the sale of the auto insurance company. There are options that could possibly change the price of the cash out at closing – depending on the final amount of money that the auto insurance arm is actually worth. As far as the earn out goes, they will pay this with terms of 2% of gross collected premiums on their new or renewal lines of auto insurance.
 
This is a big deal for the auto insurance industry having this kind of a deal go through, and it means a lot obviously for the shareholders of the company as it will inevitably bring them in more money than they would have seen before. The company is excited about growing their auto insurance portfolio and believes that they are moving in the right direction for growing their business.






 




Back to August 2010 Archives


 

Find out what's new, Check invoice price, Compare Vehicles, Car Buying Guide!

 
 
© Copyright The Auto Finder