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RMIIA News Briefs
Devastating Twisters Sound An Alarm—Don't Wait Until Mother Nature Comes Knocking to Be "Insurance Ready" for Storm Season! With more than 100 tornadoes ripping through the Plains states this past weekend, 2012 is already exacting a high tornado toll—in lives lost and property devastation. Here in Colorado, tornado sirens blared last week for the first time—sounding the annual alarm that severe weather season has arrived in Colorado. More...
Insurance Advice for Homeowners Impacted by the Lower North Fork Fire: Fire & Smoke Sound an Alarm that Wildfire Season Has Arrived As the Lower North Fork Fire continues to burn out of control this morning near Conifer, residents evacuated as a result of the blaze need to contact their insurance agents or company representatives immediately to provide them with emergency contact information. More...
Insurance Consumer Satisfaction Poll
RMIIA's 2010 Colorado Consumer Poll reflects similar results found by a national survey conducted in 2009 by the Insurance Research Council:

Download the report at:
http://www.insurance-research.org/sites/default/files/downloads/PAM_NR_8202009.pdf

An overwhelming majority of consumers with auto and homeowners insurance are satisfied with their insurance companies, according to a 2009 public opinion study by the Insurance Research Council (IRC).

•  91% of respondents with auto insurance said that they were either very
    satisfied (61%) or fairly satisfied (30%) with their current auto insurer.
•  89% of homeowners said that they were either very satisfied (56%) or fairly
    satisfied (33%) with their homeowners insurance company.

The IRC study found that most consumers are satisfied with the experience of shopping for auto insurance.

•  Among respondents who had shopped for auto insurance in the previous 12 months,
    3 out of 4 respondents said they were very satisfied (24%) or fairly satisfied (51%)
    with the overall experience.
•  69% of respondents were very or fairly satisfied with the range of product and price
    options they found.

Levels of State Regulation Doesn't Equal Consumer Satisfaction

•  The IRC study looked at satisfaction among respondents in two groups of states
    with different levels of government involvement in the insurance market.
•  Respondents in states with government-based regulation of the insurance market
    were no more likely than those in states in which insurance is primarily regulated by
    competitive market forces to say they were satisfied with their auto or homeowners
    insurer.