Personal Lines

Many retirees are unaware of the market value of an asset they already own: their life insurance policy.

Transportation network companies like Uber connect paying passengers with drivers who provide rides in their own vehicles. But how can these drivers protect themselves from potential coverage gaps? Allstate now offers a solution.

An agency recently started competing against a handful of agents who are intentionally underinsuring homes, then using an extended replacement cost endorsement to increase the Coverage A limit by 50%.

An insured was unaware that a pipe was leaking behind a wall, but took action when the damage became apparent. Is the carrier right to deny the claim?

There’s no easy answer. Start by comparing your agency’s workflow to others of the same size.

Thanks to the widespread appeal of high net-worth insurance, independent agents aren’t the only ones vying for the business. Here are a few ways to drive home your value proposition.

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.