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Allstate Insurance Company, named after Sears' tire line, went into business on April 17, 1931, offering auto insurance by direct mail and through the Sears catalog. [ 10 ] [ 11 ] This was in line with one of the objectives of a company to sell automobile insurance in the same manner as Sears sold its merchandise.
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In 1999, Illinois-based Allstate Insurance Company purchased the personal lines insurance business from CNA Financial when CNA moved toward commercial lines. Allstate then introduced the Encompass name to its subsidiary in 2000. Encompass distributes its products through 6,500 independent agency locations in 42 states. [3]
Insurance companies know that vehicle registration and insurance changes do not happen overnight, so leaving the vehicle insured on the prior owner’s policy for a few weeks might be acceptable.
The car owner’s policy would be the primary insurance, while your own policy would be secondary. This might happen if their liability insurance has a low limit, or if there is damage to the car ...
The software aspect of the system runs on standard home computer hardware and can be linked to other applications or databases.It first uses a series of image manipulation techniques to detect, normalize and enhance the image of the number plate, and then optical character recognition (OCR) to extract the alphanumerics of the license plate.