Author: Bob Walton | According to a new in-depth study of U.S. auto insurance premiums by Consumer Reports, slick auto insurance advertising “creates the impression of price competition when there actually isn’t any.” So says Doug Heller, an insurance consultant and advocate, in the September 2015 Consumer Reports magazine article titled, The Truth About Car… Read More »
Thanks to our friends at Insurance Business America – Author: Caitlin Bronson – Jun 01, 2015 | Privacy concerns over the use of telematics by insurance companies were heightened last week as one of the nation’s leading auto carriers said it was considering selling consumer driving data. According to statements made Thursday by Allstate… Read More »
Author: Independent Insurance Agent’s of America “Big-I” & Trusted Choice | [Editorial Note: This material applies to any home event where liquor is hosted. Off-Premises events will be dealt with in a later post.] The Trusted Choice® survey found that about one-third of homeowners did not think or did not know if they could be… Read More »
Author: Phyllis Van Wyhe, CPCU, CIC – A rental car agreement defining the obligations of the car rental company and renter may at first appear to be quite simple. However, it is a legal contract with several important options for the car renter to choose. An incorrect choice could lead to confusion, trip delays, or economic… Read More »
Thanks to our friends at Insurance Business America Author: Caitlin Bronson – October 31, 2014 | As auto insurance increasingly moves into the ranks of commoditization, Americans find themselves more or less satisfied with their automobile insurance. Still, the debate rages on over which factors—such as education, credit score or income level—can be used… Read More »
Thanks to our friends at Insurance Business America Author Caitlin Bronson – June 05, 2014 | One of the most hotly debated underwriting factors in auto insurance, an applicant’s credit history continues to be used significantly in crafting policy rates. A new report from WalletHub may make that task easier, however. Researchers at the consumer… Read More »
Despite steady increases in premium prices during the past five years, auto owners’ satisfaction with auto insurers is reaching record-high levels, according to a recent J.D. Power 2014 U.S. Auto Insurance Study. Auto insurance satisfaction at an all time high: report
Public liability coverages generally defend against third-party allegations of your negligent action or non-action. That is, you or another insured are alleged to have committed a civil wrong or tort. Bodily injury liability (BI) and property damage liability (PD) coverages can be purchased with either split limits – a separate limit for BI and for PD, or a combined single… Read More »
Author: Phil Gusman, Property Casualty 360 – Auto insurance consumers are bombarded with advertisements promising savings—and most who shop for coverage do indeed tend to choose the cheapest option—but more customers are beginning to feel they’re not getting quite the amount of savings they should, a study says. Customers Starting to Feel They’re Not Getting… Read More »
Thanks to our friends at Insurance Business America: “The freshly minted Federal Insurance Office (FIO) is making its first moves toward the auto insurance sector. In an April 10 notice posted to the Federal Register, the FIO announced it is undertaking a study to examine the affordability and availability of auto insurance to what it… Read More »