Thanks to our friends at Insurance Business America – Author: Caitlin Bronson | Dec 22, 2015 | CoverHound President Greg Isaacs has identified renters insurance as a [continuing hot topic] for 2016, as millennials continue to avoid the housing market. Yet despite the fact that young people are now renting in unprecedented numbers, fewer than… Read More: Two-thirds of young renters harbor serious insurance misconceptions »
Editorial [comments]: Bob Walton | December 18, 2015 | So, after you filed an insurance claim, your homeowner’s policy was non-renewed, and you couldn’t find another company to insure you for a reasonable premium. Or, perhaps, your automobile insurance premium was raised because you filed for bankruptcy. Is this possible? Yes, it is quite possible, say the writers at… Read More: What you don’t know about CLUE can harm you! »
Thanks to our friends at Insurance Business America – Author: Caitlin Bronson – October 20, 2015 | Any insurance agent worth their salt knows a number of ways to tap into discounts that bring down a client’s auto insurance premium, but sometimes, the problem is simply the car itself. According to a new… Read More: These 10 cars are the best and worst deals for… »
Thanks to our friends at Insurance Business America – Author: Caitlin Bronson – October 20, 2015 | A decade ago, telematics devices revolutionized a significant portion of the auto insurance industry. Today, the usage-based insurance model is coming to homeowners policies, and raising serious questions about privacy along the way. In the past year,… Read More: Uptick in homeowners “telematics” raises serious privacy concerns »
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: Progressive car insurance the 2nd highest among five major U.S.… »
Author: Todd Duvall, Demand Media | According to the Insurance Information Institute, typical homeowners insurance covers tree-related damage. Let’s say a falling tree branch crashes through your roof during a storm, causing not only damage to your roof, but to the room below that was saturated with rain water. As long as your home is insured,… Read More: Does Homeowner’s Insurance Cover Damage From Falling Trees & Limbs? »
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: Where Is Your Auto Driving Data Going? »
Author: The State of Ohio PIA (Professional Insurance Agents) | Editorial comments are enclosed within the [ ] brackets. The Homeowners Personal Liability insuring agreement [Section II] says the insurance company will “pay up to our limit for damage for which an ‘insured’ is legally liable; and provide a [legal] defense.” [In addition to the… Read More: Homeowner’s Policy Host Liquor Liability Coverage, On & Off Premises… »
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: The Big “I” and Trusted Choice® provide the following tips… »
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: Rental Car Contracts Raise Coverage Stakes »