Personal Lines

The endorsement provides an added layer of wildfire protection by giving customers access to loss prevention services, such as taping vents, applying fire retardants and setting up sprinklers.

An insured’s condo has damage to the roof and skylight. The condo association is saying they’re responsible for the roof but the unit owner is responsible for the skylight.

The insurance industry’s transparency makes gathering information as straightforward as pulling the rate filings. What can you learn from this information?

In a complicated market, switching auto insurance providers can land drivers in hot water. For independent agents, the solution to protecting prospects and clients relies on a combination of education and personalization.

In the personal auto market, independent agent Kriss Petti Roller faces competition “everywhere I turn,” she says. “I go to Costco and they want to sell me insurance. Amazon wants to sell me insurance.”

After a tough couple of years, personal auto rates showed signs of stability in 2019. But as the market moves further into 2020, there are signs that this trend isn’t being witnessed across the board.

While many InsurTech entrants focus on circumventing agents, Openly focuses on catering to their service needs.

The EY 2020 U.S. and Americas Insurance Outlook survey uncovers trends that will shape the industry in the years to come. Here are three top priorities for the industry to solve in the next three years.

A large tree falls on an insured’s roof due to strong winds. The cost to remove the tree was approximately $4,500, but the insurance carrier is limiting the amount of recovery to $1,000.