Insurance Blog
Please read and comment on our blog about a wide variety of insurance topics. Please feel free to ask us any questions.
Another Record Setting Year for Property Claims
Posted: January 9, 2012
2010 was the record year broken. Higher premiums and coverage reductions are probably next for insurance consumers. Private-Sector Insurers To Pay More Than $32 Billion In Claims From Natural Disasters In 2011 Federal Government Set Record For Disaster Declarations NEW YORK, December 30, 2011—Insurance companies will pay more than $32 billion in claims to help people rebuild homes and businesses damaged or destroyed by natural disasters...
First Day of Winter-Winter Driving Reminders
Posted: December 22, 2011
Today is the first day of winter so might be a great idea for refreshing the basics of winter driving. Hopefully I don't jinx the little snow fall in Minnesota this year. Happy Holidays!!! The Weather Outside Is Frightful: So Is The Driving! Cars may be safer than they were decades ago, and weather forecasting may be more accurate, but winter is still one of...
Cellphones, Distracted Driving, Cell Phone Ban In Vehicles??
Posted: December 15, 2011
The National Transportation Safety Board has called for a ban on all cellphone use by drivers-including the use of hands-free devices. It is the most far-reaching such recommendation to date, based on a decade of investigations into distracted driving accidents, as well as concern that the increasing popularity of smart phones may give drivers even more reasons to look away from the road. Increased reliance...
Adult Children Living At Home Are They Covered?
Posted: December 9, 2011
With a tough job market, many parents are welcoming back grown children who they thought had left the nest for good. Here’s how to make sure they have the right auto, home and health-insurance coverage when they move back in with you. ________________________________________ Auto insurance. If your child just graduated from college and doesn’t have their own car, then your auto-insurance coverage may change very...
Cost of Car Crashes Per Person: $1,500
Posted: November 18, 2011
The total cost of motor vehicle crashes in the U.S. totals $299.5 billion, according to a study done for the auto club AAA. According to the study conducted for AAA by Cambridge Systematics, the overall cost of crashes equates to an annual per person cost of $1,522. The study examined the relationship between congestion and crashes to determine the relative economic impact by using figures...
