Customers Move to Usage-Based Insurance as Auto Rates Surge
Nearly one-third (31%) of U.S. auto insurance customers have seen their rates increase in the past year, leading to the largest decline in customer satisfaction in 20 years.
Personal Lines
Companies Pull Back from Property and Auto Insurance Markets
This week, Nationwide announced it is pausing writing business in certain lines of insurance, joining the list of insurers who have withdrawn from markets.
3 Ways a Personal Articles Floater Can Protect Your Homeowners Clients
Supplementing a standard homeowners policy with a personal article floater or endorsement policy can provide essential coverage for clients.
From the Front Lines: Condominiums
“In the past few years, there have been a number of new high-rise condos that have been completed and more are on the way,” says independent agent Sharilyn Tanaka. “Ensuring that each unit owner has the appropriate insurance is our mission.”
Is an Electric Surfboard a ‘Hovercraft’ and Excluded from a Homeowners Policy?
A carrier is saying an electric surfboard is a hovercraft, but the the agent argues that an electric surfboard would be a watercraft, less than 50 horsepower, and therefore would be covered under the homeowners liability.
Can Agents Help Homeowners Manage Increasing Rates?
Filing a claim against a homeowners policy can be both a complicated and costly matter, but can be made significantly less costly when agents provide advice on how to avoid the worst claim mistakes.
5 Questions to Ask Personal Lines Clients With Farm Exposures
Zero in on assets and activities that could warrant commercial farm coverage.
2023 Hurricane Risk Report: 33 Million Homes Under Threat
CoreLogic’s “2023 Hurricane Risk Report” provides a detailed look at what’s at stake for the U.S. as hurricane season commences.
AN Radio: Expanding Into Benefits
Guest host Bob Fee, president, Fee Insurance, and Kathy Conley-Jones, chief insurance strategist, Williamson Financial Management Group, share actionable strategies to help you enhance your agency’s service profile.
State Farm Withdraws From California Homeowners, Commercial Property Market
State Farm cited the hard market and protecting the company’s bottom line as the reason for the withdrawal.
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