Insurance Journal

JULY 22, 2024

The Pennsylvania Insurance Department (PID) reported that it has saved consumers $98.3 million in annual auto, home and other property/casualty insurance premiums in the first six months of 2024 through its review of insurance company rate filings. The vast majority …

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Casualty Insurance Premium Insurance Companies Insured 276

Insurance Journal

DECEMBER 1, 2024

commercial auto insurance segment sustained a $5 billion net loss in 2023, a new AM Best report indicates further deterioration in the first half of 2024. Despite targeted underwriting initiatives, including raising premiums to match the rising … After the U.S.

Commercial 130

Commercial Auto Insurance Underwriting Underwriter 130

TGS

JANUARY 6, 2025

TGS Insurance Blog Understanding the New North Carolina Minimum Auto Insurance Requirements Effective January 1, 2025 Starting January 1, 2025, North Carolina will implement new minimum auto insurance requirements, marking a significant update to the state’s financial responsibility laws.

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TGS

OCTOBER 28, 2024

TGS Insurance » Blog How to Choose the Right Auto Insurance Deductible When it comes to auto insurance, one of the most important decisions you’ll make is selecting your deductible. Simply put, a deductible is the amount you agree to pay out of pocket before your insurance kicks in after a claim.

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Deductible Auto Insurance Out-Of-Pocket Premium 52

TGS

SEPTEMBER 29, 2023

TGS Insurance » Blog What is Electric Vehicle Insurance? Electric vehicles can be complex, but when it comes to auto insurance, they’re surprisingly simple. Auto insurance policies are written in the exact same way for gasoline-powered and electric vehicles alike. Tell your agent!

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Auto Insurance Insured Insurer Insurance 52

Freeway Insurance

JANUARY 6, 2025

Bundling multiple insurance policies together is known as one of the easiest ways to get a discount, especially when it comes to homeowners insurance and auto insurance. Many insurers have robust savings plans in place designed to get you a better deal when you bundle home and auto insurance.

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Auto Insurance Insured Insurer Insurance 52

Scott Insurance

FEBRUARY 7, 2023

is facing higher-than-normal increases to their auto insurance premiums. According to Bankrate , an independent publisher and comparison service, auto insurance in the U.S. Therefore, if the costs associated with an accident increase, insurance premiums will follow suit.

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Auto Insurance Premium Insurance Carrier Insured 52

Freeway Insurance

JANUARY 3, 2025

New Legislation Means Many California Drivers Will Need More Coverage in 2025 Now that 2025 is here, many California drivers will face another significant auto insurance rate increase. Senate Bill 1107 , which increases minimum insurance requirements, is expected to further drive up premiums statewide.

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Auto Insurance Premium Liability Insured 52

Shield Insurance Agency

APRIL 19, 2024

Shield Insurance Agency Blog | Collision Coverage | Auto Insurance | Start A Quote Today! Michigan is a state with unique auto insurance requirements that can sometimes be confusing to navigate.

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Auto Insurance Deductible Out-Of-Pocket Insured 52

Freeway Insurance

OCTOBER 8, 2023

Car insurance claims are important because they help you feel more confident when unexpected and costly problems arise with your car. Immediate Costs of an Auto Insurance Claim When you have to deal with an auto insurance claim, it can be surprising how quickly the bills add up. This is called a premium increase.

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Agency MVP

DECEMBER 20, 2021

Auto insurance leads are the lifeblood of the insurance agency. You can generate auto insurance leads for yourself through advertisements online, social media, or television. There are many ways to generate car insurance leads. Continue below to learn more about how auto insurance leads are generated.

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HBW Leads

MAY 9, 2024

The Role of Continuous Education and Training The auto insurance industry is constantly evolving. Organizing events to educate the community about the importance of auto insurance positions your agency as a trusted authority and offers a platform for direct interaction with potential customers. Start boosting sales today.

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Auto Insurance Insurance Agency Insured Insurer 52

American Agents Alliance

AUGUST 10, 2024

Severe weather is transforming the auto insurance industry. This means insurers must adapt to changing weather patterns and increasing unpredictability. Focused on the impacts of severe weather events on the auto insurance and repair industries, the report gives timely details on the future of the industry.

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Auto Insurance Broker-Agent Policyholder Agents 40

Leadsurance

NOVEMBER 19, 2024

How to Reduce Home Insurance Premiums without Compromising on Coverage Home insurance is many people’s key protector; it provides one with the needed cover once loss or damage occurs. The good news is that one can reduce home insurance premiums without necessarily sacrificing the cover that you get.

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Home Insurance Premium Deductible Insured 52

Wren Insurance Agency

AUGUST 20, 2024

These discounts are then applied to your premium at renewal and used as an incentive to keep you with that carrier. However, while these programs may seem like an easy way to save some money on your car insurance, depending on your driving habits, your rates could significantly increase as well!

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Premium Auto Insurance Insured Insurer 86

American Agents Alliance

AUGUST 22, 2024

The most immediate impact will be an increase in premiums for drivers currently holding minimum coverage policies. This is a cause for concern for individuals on fixed or lower incomes, who may find themselves priced out of required insurance coverage. Additionally, the higher limits could have a ripple effect in the legal realm.

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Auto Insurance Agents Broker-Agent Property Damage 40

Simply Insurance

SEPTEMBER 18, 2024

Discover the factors that influence car insurance costs and learn how to estimate your premiums. This article breaks down average rates, coverage options, and tips for finding the best deals to help you make informed decisions about your auto insurance.

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Auto Insurance Premium Insured Insurer 59

Triple-I: Business Insurance

OCTOBER 25, 2024

The commercial auto insurance line has struggled to achieve underwriting profitability for years, even before the inflationary conditions that have been affecting property/casualty lines more recently. This trend has been accompanied by steady growth in net written premiums (NWP).

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Underwriting Underwriter Commercial Auto Insurance 52

LexisNexis

NOVEMBER 5, 2024

CENTER SQUARE ) WA Considering Delay of New Insurance Premium Change Transparency Requirement Washington State Insurance Commissioner Mike Kreidler (D) has proposed delaying Phase 2 of a recently adopted insurance premium change transparency rule for two years, from June 2027 to June 2029.

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TGS

SEPTEMBER 14, 2023

What Is An Additional Insured? An additional insured is someone who gets coverage from your insurance policy. Their name isn’t on the policy, and they typically aren’t responsible for paying the premium. As a household member who is covered by the home insurance policy, that retiree is an additional insured.

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Policy Auto Insurance Home Insurance Insurance Policy 52

Final Expense Brokerage

MAY 15, 2024

The average insurance agent commission per year varies depending on various factors such as the type of insurance being sold and the insurance company's policies. However, it is important to note that insurance agents typically earn a percentage of the premium paid by the client.

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Insurance Agent Insurance Agents Agents Insured 100

TGS

DECEMBER 2, 2024

Here’s what you’re looking at: First offense: $150 Second offense (within three years): $250 Third or subsequent offense: $500 SR-22 Filing Requirement : If your insurance lapse is reported, you may need to file an SR-22—a certificate proving you have the required coverage moving forward.

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Auto Insurance License Insured Insurer 52

Frankenmuth Insurance

JULY 25, 2024

What factors affect my premiums? What specific factors are affecting my premium? Are there things I can do to lower my premium, like adding security cameras or implementing safety measures? If I use vehicles for my business, do I need commercial auto insurance? What happens if my business grows or changes?

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Agents Deductible Premium Claim 57

Mark Jackson Insurance Agency

JULY 23, 2024

Consequently, a decrease in accidents not only enhances safety, but can also lead to lower commercial auto insurance premiums, benefiting your bottom line. Contact us today to learn more and review your commercial auto insurance policy. Read the full article at www.markjacksoninsurance.com

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Commercial Auto Insurance Insurance Claim Claim 52

TGS

NOVEMBER 15, 2024

If you’re adding a second car to insurance and both vehicles meet the insurer’s criteria, you could end up with a nice reduction in your overall premium. Potential Challenges of Adding a Second Car to Insurance Of course, adding a second car isn’t without its considerations.

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Auto Insurance Deductible Insured Insurer 52

Mark Jackson Insurance Agency

AUGUST 6, 2024

If you’re moving to a new location, this is also an opportune time to shop for insurance rates and assess the need for additional coverage, such as flood or earthquake insurance, depending on your new home’s location.

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Policy Auto Insurance Life Insurance Insurance Policy 52

Wren Insurance Agency

AUGUST 7, 2024

When it comes to home and auto insurance - with very few exceptions - did you know that you can change your insurance carrier at any time? Additionally, your lender will add "forced placed" insurance, which will increase your monthly premiums.)

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Insurance Carrier Policy Insured Insurer 81

Triple-I: Homeowners Insurance

JUNE 27, 2024

By Lewis Nibbelin, Guest Blogger for Triple-I Home and auto insurance premium rates have been a topic of considerable public discussion as rising replacement costs and other factors – from climate-related losses to fraud and legal system abuse – have driven rates up and, in some states, crimped availability and affordability of coverage.

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Underwriting Underwriter Insured Insurer 52

TGS

NOVEMBER 18, 2024

Cons: Higher Insurance Costs: No-fault states tend to have higher insurance premiums, as insurers take on greater responsibility for covering claims. Instant Home Insurance Quote Start Typing Your Address GET YOUR QUOTE NOW Recent Auto Insurance Articles: What Does It Mean to Be a No-Fault State?

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Auto Insurance Injury Damage Property Damage 52

Freeway Insurance

NOVEMBER 24, 2024

Lets take a drive through the history of auto insurance to learn howand why car insurance has evolved over time. Horse-Drawn Wagons to Horsepower: The Inception Getting insured is such a massive part of modern life, with policies covering everything from your home to your health.

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Auto Insurance Insured Insurer Insurance 52

TGS

NOVEMBER 20, 2024

It’s one of those questions that might catch you off guard—after all, what does borrowing history have to do with insuring your home? Let’s explore how and why your credit score affects your home insurance , what insurers are really looking at, and what you can do to keep your premiums manageable. Turns out, quite a bit.

Home Insurance 52

Home Insurance Premium Insured Insurer 52

Triple-I: Homeowners Insurance

DECEMBER 3, 2024

As we’re trying to raise awareness of this problem with consumers, ‘social inflation’ doesn’t work,” said discussion moderator and Triple-I’s Chief Insurance Officer Dale Porfilio. Louisianans Need to Know Legal Reforms Boost Florida Insurance Market; Premium Relief Will Require More Time How Georgia Might Learn From Florida Reforms U.S.

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Out-Of-Pocket Broker-Agent Premium Claim 64

Freeway Insurance

OCTOBER 26, 2023

Does where you live have an impact on how much you pay for car insurance? Surprisingly, it does indeed make a difference where you live when your insurer is determining what you’ll be quoted for your auto insurance coverage. What Other Factors Determine What I’ll Pay for Auto Insurance?

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Crime Auto Insurance Insured Insurer 52

Triple-I: Homeowners Insurance

OCTOBER 10, 2024

Much of the overall underwriting gain was due to growth in personal lines net premiums written. The ongoing performance gap between personal and commercial lines remains, but that gap is closing,” said Triple-I Chief Insurance Officer Dale Porfilio. Personal auto’s net combined ratio of 100 is 4.9 points better than 2023.

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Commercial Underwriting Underwriter General Liability 68

TGS

OCTOBER 30, 2024

Don’t Chase the Cheapest Premium—Focus on Coverage We’ve all been there: drawn to the lowest price, only to realize it wasn’t quite the bargain we thought. The same thing happens with insurance. Sure, the premium—the amount you pay for the policy—matters. What’s more important is what that premium gets you. More savings.

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Insurance Quotes Home Insurance Deductible Out-Of-Pocket 52

Jackson & Jackson

MAY 23, 2024

Factors such as the dense population, diverse industries, and varying geographical conditions contribute to the complexity of the insurance landscape. As a result, insurance premiums tend to be higher in California compared to other states. Start by conducting a detailed review of your business operations.

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Small Business Insurance Business Insurance Insured Insurer 52

Mark Jackson Insurance Agency

MAY 6, 2024

Initially used by insurance companies to assess driver risk and customize premiums, telematics is now a powerful tool for parents to monitor and improve their teen drivers' safety. Looking for the right auto insurance coverage for your teen? Let us help you navigate the options for maximum safety and peace of mind.

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