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TGS Insurance Blog Lets be realwhen its time to pick an autoinsurance policy, most of us are just hunting for the cheapest option that doesnt leave us totally exposed. So, lets break it down: what exactly is liability only autoinsurance, and what risks are you signing up for if you roll with it?
Learn how to navigate Arizona autoinsurance for your commercial business by understanding essential coverage types and unique state risks. The post Navigating Arizona AutoInsurance for Your Commercial Business appeared first on Central Insurance Blog.
personal lines insurance segment for 2025, citing improved rate and pricing conditions, particularly in the autoinsurance space, along with solid levels of risk-adjusted capitalization among carriers. AM Best has revised its outlook to stable from negative for the U.S.
Nevada drivers face unique risks, from extreme weather to diverse driving conditions. Learn about essential Nevada autoinsurance coverages to protect yourself on the road. The post Nevada AutoInsurance: What to Consider When Covering Your Vehicles appeared first on Central Insurance Blog.
Specialist Risk Group (SRG), the London-based specialist insurance intermediary, announced the acquisition of One Claim Ltd. Based in Essex, England, One Claim provides broker partners and their clients with claims management support from initial notification through to settlement. The One …
New Legislation Means Many California Drivers Will Need More Coverage in 2025 Now that 2025 is here, many California drivers will face another significant autoinsurance rate increase. This latest change could disproportionately affect communities where insurance costs already strain household budgets.
TGS Insurance » Blog How to Choose the Right AutoInsurance Deductible When it comes to autoinsurance, 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.
NJ AutoInsurance Add-On Coverage Options When it comes to autoinsurance, there are essential coverage options to protect you and your vehicle. In this blog post, we will delve into the various add-ons and additional coverage options available for autoinsurance.
TGS Insurance Blog Understanding the New North Carolina Minimum AutoInsurance Requirements Effective January 1, 2025 Starting January 1, 2025, North Carolina will implement new minimum autoinsurance requirements, marking a significant update to the state’s financial responsibility laws.
At TGS Insurance, were here to help you understand the risks of driving uninsured and why securing the right coverage is a smart move for every Florida driver. Is It Illegal to Drive Without Insurance in Florida? Yes, driving without insurance in Florida is illegal. Why Do People Risk Driving Without Insurance in Florida?
Shield Insurance Agency Blog | Collision Coverage | AutoInsurance | Start A Quote Today! Michigan is a state with unique autoinsurance requirements that can sometimes be confusing to navigate.
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Brick commercial office building by Binyamin Mellish Expanding your business to a new location is an exciting step toward growth, but it also introduces new risks. From property protection to liability coverage, ensuring your business insurance policies align with your expansion is critical.
The tipping point mindset shift a toehold for insurers in a disrupted market. The traditional insurance customer relationship is being re-examined and, in some cases, re-energized by the need to address higher risk and higher premiums. However, only 38% of renters insurance customers believe they can influence their rates.
Given the state’s below-average income vs. above-average insurance expenditures, Georgia ranks 42nd on the list of affordable states for homeowners insurance and 47th (plummeting from the 2006 high of 27th) for personal auto affordability, according to reports by the Insurance Research Council.
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For autoinsurance specifically, the impacts of rising tariffs could include: Tariffs on imported vehicles will cause the price of these vehicles to rise, which could lead to higher autoinsurance premiums to cover these higher replacement values.
Severe weather is transforming the autoinsurance industry. This means insurers must adapt to changing weather patterns and increasing unpredictability. Focused on the impacts of severe weather events on the autoinsurance and repair industries, the report gives timely details on the future of the industry.
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Owning a business means taking on risks, but the right insurance coverage can help safeguard your hard work. At Paragon Independent Insurance Agency, we provide businesses in the greater Plano, TX area with various commercial insurance products. We understand that every company has different needs.
However, for agents and brokers, these new AI-driven processes can introduce new E&O risks to mitigate and manage. Learn more about managing new E&O risks introduced by AI to ensure AI remains an asset, not a liability. Some of the new risks include: AI-generated quotes may be mispriced or contain incorrect details.
Understanding Insurance Marketing and Its Importance At its core, insurance marketing involves using various techniques and tools to promote insurance products and services to potential clients. A successful insurance marketing plan will allow you to: Drive consistent lead generation.
Risk vs. reward. Perhaps there is no more appropriate location to discuss it than Las Vegas, the undisputed home of risks and rewards. Next week, many of us will meet and chat at ITC 2024, filled with the excitement of game-changing technologies and insurance startups.
Whether your business operates a single truck or manages a fleet of hundreds, you face risks that a robust fleet safety program can help address. Driver Selection: The Foundation of Fleet […] The post Fleet Driving Safety: Protecting Your Drivers and Vehicles, No Matter the Size appeared first on Central Insurance Blog.
Hang back further when conditions are slippery and avoid driving directly next to other vehicles to reduce the risk of collisions from hydroplaning or sliding. For more protection and peace of mind, talk to a local, independent agent about our comprehensive autoinsurance policies. Plan out your trip.
Imagine a potential client in your neighborhood searching for home or autoinsurance. They whip out their phone, type “best insurance agency near me,” and within seconds, a list of local businesses appears. Will your insurance agency be on that list? Here’s how you can make your GBP work harder for you.
AutoInsurance Trends Report published by LexisNexis. That means bigger financial hits for insurance companies. Factor #4: New insurancerisks from electric vehicle sales. Electric vehicles are rising in popularity, but they’re causing a turn in the insurance industry.
The long-term consequences can follow you for years: Higher Insurance Premiums : Insurers will likely increase your rates once you’re labeled a high-risk driver, making coverage more expensive. Why Risk It? Think of it this way: Car insurance isn’t just a legal requirement—it’s a safety net.
Running an IT business in California comes with unique risks and challenges. Ensuring your business has the right insurance policies is not just a smart decision—it’s essential for long-term success. General Liability Insurance Even in a digital world, physical risks exist. Don’t leave your business vulnerable.
Reduce the risk of blind spots by placing stickers on the lower parts of your bumper rather than on the windows. Once you’ve tackled these bumper sticker safety concerns, audit your autoinsurance policy. Instead, use fun symbols or family mottos that show off your personality, while maintaining privacy. Obstructed view.
The commercial autoinsurance 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).
Rather, new technology presents opportunities to facilitate more proactive and individualized risk management than ever before, while also enabling employees to do what this industry does best: engaging with other people.
Allegiance Insurance Services :@myallegianceins 4.GoIndium GoIndium Indium provides market access for both personal and commercial carriers that cover a wide range of risks. Attune insurance (Small commercial) They are an admitted small commercial market made to get business off your desk and on the books hassle-free.
Americans are seeking to change their insurance coverage more frequently than in the past, after a surge in premiums that’s squeezed household budgets, a new industry report shows. For car insurance, so-called policy shopping rates — essentially the share of …
Putting a Spouse on Your Auto Policy Generally, it’s more cost-effective for married couples to combine their autoinsurance policies. Adding your spouse to your autoinsurance policy can often result in lower premiums due to multi-vehicle discounts and the perception of married drivers as lower risk.
Lets take a drive through the history of autoinsurance 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. And if there was, people sorted it out.
Understanding when to consider expanding your coverage with commercial umbrella insurance is crucial for businesses aiming to mitigate risks and secure their financial stability. By investing in commercial umbrella insurance, businesses protect themselves against such risks, safeguarding their long-term survival and growth.
Cons: Higher Insurance Costs: No-fault states tend to have higher insurance premiums, as insurers take on greater responsibility for covering claims. Fraud Risks: No-fault systems are sometimes criticized for being more vulnerable to fraudulent claims, which can drive up costs for everyone.
Without legislative change, banks and insurers can’t do business with business without risking running afoul of federal drug laws. The CLAIM Act would let these businesses obtain insurance to cover the same risks of theft, damage, injury, loss, and liability as all other businesses.
With only two months left in the year, we’re gearing up to kickstart 2025, and the insurance industry stands at a critical crossroads. The global protection gap—a measure of uninsured risk—looms large, projected to reach $1.86 This figure is more than just a number; it represents real people and businesses at risk of financial ruin.
Multicolored umbrellas by Pixabay When it comes to personal insurance , most people are familiar with their auto , homeowners , or renters policies. However, fewer may be aware of umbrella insurance —a type of coverage that goes beyond the limits of your existing policies to protect you from substantial financial risk.
Wondering what is the best type of insurance for a small business like yours? They’ll get to know you, your operations, and any areas of risk or need. Start a frank conversation by asking these key questions: What types of insurance do I need? Does my small business face any unique risks? affect my coverage?
With road accidents constituting a significant risk for young drivers, leveraging technology to enhance their safety isn't just smart; it's essential. 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.
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