There are a few things that independent auto insurance agents and auto insurers, in general, need to know. In the last few years, the condition of the personal auto insurance industry has not been the greatest. For so many people out there this is not surprising at all. This is where auto insurance lead providers could prove to be useful in every sense of the word. There are so many factors that have led to this decline. You have more cars on the road and most of them are covering longer distances, which is never an attractive proposition for insurers. Medical costs have gone up of late as well and this has been a major issue in this particular regard as well.

When it comes to the newer vehicles it costs more to repair them as well. Distracted driving has been a major contributor to this decline too. There was a period when the industry enjoyed prosperity. Fewer claims were being made and the severity of the same was in the mid-range. It is expected that tools such as auto insurance leads can be quite helpful for the industry and the people working over there right now. 

After the USA (United States of America) came out of the latest recession the number of claims went up. The insurers’ reaction to this was to increase the premium rates. In the recent past, the severity of these claims has spiked, to put it rather mildly. You may be wondering how factors such as severity and frequency of claims play a role in this decline. This is something that inexperienced auto insurance leads agents to want to know as well. Insurers are saying that it is people who return from work who should be blamed for the increase in the frequency of claims. This happened even more after the country recovered from the latest meltdown. 

In most cases, it is seen that these accidents, for which the claims are being made, during the rush hour. 40 percent of the entire volume of driving done by people in the country is in commuting to and from work. For more information on auto insurance leads for agents please visit www.prospectsforagents.com.