Auto Insurance Companies: New Entrant Admiral America
Monday, March 9th, 2009According to Richmond BizSense’s Al Harris, a new auto insurance company is entering the U.S. market. U.K.-based Admiral Americas is planning a slow, state-by-state expansion that will bring its renowned frugality and focus on younger, urban drivers to the market.
Some people might consider it risky to start selling policies in the United States during these economic times, but their President and CEO claims that being able to acquire resources inexpensively is an advantage. In addition, consumers are more willing than ever to compare auto insurance quotes and switch to a cheaper insurer.
Admiral Americas will sell auto insurance via Internet and phone only.
