As the threat of directs and disruptors weighs heavy on standard personal lines, high net-worth insurance is a smart target for independent agents. How has this lucrative industry morphed in recent years, and what lies ahead?
Home value, premium size, number of residences—what factors do carriers consider when determining what constitutes a high net-worth client?
Airbnb boasts more than 20 million listings in 191 countries and 34,000 cities around the world. But how can your clients protect their homes and belongings as home-sharing hosts? That’s where Allstate’s HostAdvantage comes in.
As Lemonade continues its mission to disrupt the insurance industry, the InsurTech startup will benefit the independent agency system in two fundamental ways.
Do your personal lines clients have children headed back to college for the spring semester? Talk to them about whether their homeowners policy will respond to a loss while their child is away at school.
Keep natural disasters, rising restoration costs and fraud prevention on your radar to better protect your homeowners clients.
An insured’s tree falls on his vehicle. Which carrier should pay for removing it?
Lemonade has filed for a license in 46 states and Washington, D.C. Will it revolutionize the industry, or tarnish consumer beliefs about insurance?
Before they do their holiday shopping at the pet shop or local animal shelter, remind them to consider the less cute parts of what they’re bringing home.
Does an HO-3 cover Santa’s in-home “business”? Will a PAP protect his sleigh? Big “I” Virtual University staff weighs in on appropriate coverage.
