TweetThe purpose of any insurance policy is to cover the cost of unexpected events in our lives. Most policies anticipate problems in broad areas — health, home, auto, and life. Specialty or “genre” policies wander into a different realm of … Continue reading
TweetOver the past decade, New York City has seen a 70 percent increase in personal injury protection claims including lost wages, medical bills, and other auto insurance-related claims. This upsurge exists concurrently with a 49 percent jump in the cost … Continue reading
TweetIn February 2011, the national average rate for auto insurance premiums peaked for the six-month period of December 2010 to May 2011, standing at $1,236.38. By March, however, it dipped to an encouraging $1,162.18 driven by market pressure to bring … Continue reading
TweetHow messy can an auto insurance claim get? Well, lets see. Take the case of the couple from Fort Worth, Texas who were rammed from behind by a motorist who then sped off. Chased down by a third party who … Continue reading
TweetHurricane Irene, which hit the east coast in August 2011, subjected the New England and mid-Atlantic regions to highly abnormal levels of wind and flood damage. Most residents found themselves deficient or completely unprepared in terms of homeowners insurances and … Continue reading
TweetIn the popular trend of naming the generational groups, Generation Y or the “millenials” are those people who are now in their mid- to early 30s. Unlike the Baby Boomers who came before them, this generation is made up of … Continue reading
TweetAfter the prestigious trade journal Risk Management Magazine praised the programs offered by the Katie School of Insurance, Cheap Insurance 123 spoke with Professor Kevin Ahlgrim and Associate Director Debbie Babcock. The Katie School offers a strong double major in … Continue reading
TweetIn a new wrinkle that may further hamper federal efforts to achieve cheap health insurance for all U.S. citizens, the National Governors Association, in a letter to U.S. Health Secretary Kathleen Sebelius, claims that the insurance exchanges mandated by the … Continue reading
TweetWhile everyone wants a price quote to make sure they’re getting the cheapest auto insurance premiums possible, sometimes a few dollars more is worth it for better claims handling. J.D. Power and Associates just released their annual “U.S. Auto Claims … Continue reading
TweetWhile most of us don’t spend our time reading about insurance industry news — since we’re mainly concerned with the question “where the heck do we get the cheapest rates” — you may have missed what Cigna Corp. has been … Continue reading