Finding cheap car insurance can sometimes be time consuming and even frustrating. As consumers, we’re constantly bombarded by car insurance advertisements and it can be difficult to make an informed decision.

Two of the larger car insurance companies in the U.S. are GEICO and State Farm. GEICO is well known for it’s catchy, somewhat quirky ads, and State Farm is well known for being a large multi-line insurance company.  GEICO and State Farm sell car insurance in two slightly different ways. GEICO sells car insurance direct to consumers via it’s website or over the phone. State Farm on the other hand, relies on it’s network of captive agents to serve the needs of communities. Read the rest of this entry

State Farm’s announcement that it will no longer be writing property insurance in Florida will not affect the availability of car insurance for about 2.8 million Florida customers. The pull out only impacts homeowners, renters, condominium owners, boat owners and business property owners.

For existing State Farm policyholders, this will mean a transition into a new insurance company over the next year or so as their policies are non-renewed. The hardest hit will be the State Farm agents in Florida, who will have to focus on car insurance, life and health insurance and other financial services offered by State Farm.

Florida consumers can get information from the Florida Department of Financial Services at 1-877-693-5236.