Home insurance provides some peace of mind and financial security for families. However, fire prevention should still be a priority. Fire-resistant features can provide discounts on home insurance and may help offset the costs of purchasing and installing them.
About 90 percent of natural disasters in the United States include flooding. However, less than 20 percent of homeowners and renters buy flood insurance according to a research conducted for the Insurance Information Institute. According to the research, homeowners and renters underestimate their flood risks, and some people may not know if their area of residence is in a high-risk flood zone. Being in an area with a moderate or low risk is still an issue. According to III, about 20 percent of claims come from individuals who live in areas with a moderate or low flood risk.
For many Americans, a vehicle is like a second home. When it is involved in an accident or breaks down, the next step towards getting it back on the road is to call a towing company. Although the majority of towing companies are reputable and honest, some may try to scam consumers. From inflated rates to fictitious fees, there are several ways that dishonest companies take advantage of unassuming consumers.
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Over the past few decades, many states have raised the speed limits on their highways. The good news is that drivers can reach their destinations faster. The bad news is that more of them are never reaching their destinations at all. A recent study shows that higher speed limits have led to increased numbers of fatal accidents.
Modern windshields are made with safety in mind. Over the past several decades, they have evolved and improved. They are now made with stronger but lighter materials. Glass is still the main component, and innovations in recent years have made it even stronger. From entertainment devices to windows, glass is a necessary component for many vehicle features. There are several new trends, and vehicle owners can expect to see more of them in the near future.
Driving safely is no easy feat. If you’re a driver committed to staying alert, avoiding distractions, and following the rules of the road, we’re going to reward you for it.
SmartRide, a usage based insurance program, gives you personalized feedback to help you make even safer driving decisions. You’ll earn an instant 10% discount when you sign up. The safer you drive, the higher the discounts you could get – up to 40%.*
Due to the complexity of the insurance industry and the endless sea of terrible insurance advice available online, it can be challenging for insurance customers to determine what is the truth, and what is fiction. Over our years in business, we have heard pretty much everything. So in an effort to shed light on some common misconceptions, we have put together a list of common mistakes plaguing the insurance industry.
Hurricane season in the U.S. starts in June and lasts until the end of November. If you live in a hurricane-prone area, you need to have an emergency plan that has been thought out carefully. Know the evacuation routes available to you before there is an official 'Hurricane Watch' or 'Hurricane Warning' broadcast over the radio or television, and keep alert to the updates for your region.
Umbrella policies provide extra protection beyond standard coverage, and they are available in increments of millions. Most insurance companies offer these policies starting at $1 million and going up as high as $10 million.
Most people who buy umbrella policies pick a standard $1 million policy, but there are quite a few who choose policies totaling $2 million. For the first $1 million, the premium can be as high as $250 per year.