Insurance Blog
Please read and comment on our blog about a wide variety of insurance topics. Please feel free to ask us any questions.
Bar Beer Pong, Injuries and Insurance
Posted: February 9, 2012
I guess the moral of the story is don’t play beer pong at a bar and try to cross a highway on foot. The bar and the bar’s insurance company are NOT going to pay for your injuries. Note to self take a cab after playing beer pong. Good to know! NYC Judge Throws Out Beer Pong Lawsuit A judge has thrown out a New...
Ten Tips To Help You Improve Your Insurance Score
Posted: January 27, 2012
Credit scoring is here to stay for pricing insurance coverage. Please review the follow ten tips to help improve your insurance score and hopefully reduce your insurance cost. 1. Pay your bills on time. Timeliness in paying your bills improves your score. 2. Manage your outstanding balances. As a rule of thumb, maintain account balances at least 75 percent below your available credit....
The Good, The Bad, And The Details Behind Credit Scoring And Your Insurance
Posted: January 19, 2012
I am not a big fan of credit scoring as a rating-underwriting factor for insurance. Unfortunately credit scores are here to stay for personal insurance rating. The following article provides and explanation-information about the insurance industry use of credit scores. The goal of every insurance company is to correlate rates for insurance policies as closely as possible with the actual cost of claims. If insurers...
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...
