“More personalized coverage will be key future trends in the industry,” says independent agent Jon Ross. “We are also seeing a shift to the customer taking on more of the risk with higher deductibles or endorsements to buy coverage at set limits.”
As we head into a new year, there’s no better time to equip producers with foundational insurance industry knowledge and concepts.
Hurricanes Helene and Milton made it clear that hurricanes, storms and floods can happen anywhere and anytime and are not limited to the coast.
To manage premium increases, 50% of agents suggested that clients move jewelry coverage from their homeowners policy to a standalone jewelry policy, according to a BriteCo survey.
A landlord’s property management firm wants to be added as an additional insured to the policy, but the carrier requires that the property manager is listed on the deed.
Andrews shares her journey from an internship with Nationwide to leading her family’s agency through the highs and lows of the California insurance landscape.
The program includes specialized classic car coverages and pricing models that account for the reduced accident frequency often associated with collector vehicles.
A record 6.8% of all home insurance customers are actively shopping for new policies in 2024, yet only 2.2% of homeowners switched policies as a result.
An insured has a manufactured home insurance policy. The insured used to live in a home on the same deed of land but has now turned the dwelling into a storage building.
Following a brief lull in tropical activity in the wake of Hurricane Ernesto, the conditions are now primed for a series of back-to-back storms over the next few weeks in the Atlantic.
