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Nationwide Wants 19% Increase in Auto Rates in West Virginia

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Nationwide Insurance is asking West Virginia regulators for a 19% average rate increase on auto liability insurance, a move that could affect more than 27,000 insured drivers.

The West Virginia insurance commissioner said in a bulletin this week that written comments will be accepted through April 30 on the proposed increase, the latest hike requested by auto insurers in the state and around the country.

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Comments can be mailed to:

Property Casualty Division, Re: Liability Increase West Virginia Offices of the Insurance Commissioner; P. O. Box 50540; Charleston, WV 25305-0540.

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Nationwide Insurance Co. of America is asking for an 18.69% average increase and Nationwide Property and Casualty Insurance is seeking a 19.1% raise.

Topics
Trends
Auto
Pricing Trends
Virginia
West Virginia

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