Insurance Articles

Articles on everything you would like to know about everything insurance related.

Supreme Court ruling could solve insurance legal struggles for pedestrians hit by vehicles

The resolution of a significant legal challenge occurred on Thursday, thanks to a favorable ruling from the Illinois Supreme Court, potentially alleviating insurance-related struggles for pedestrians involved in vehicle accidents. Chris Guiracocha, who was struck by a vehicle while cycling near Montrose and Kimball three years ago, saw progress in his legal case following this […]

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cyber insurance

The truth about cyber insurance

Cyber insurance is a type of insurance coverage that businesses can purchase to protect themselves from financial losses and liabilities resulting from cyberattacks or data breaches. While cyber insurance can provide valuable protection, it’s essential to understand both its benefits and limitations. Here are some key aspects to consider: Benefits of Cyber Insurance: 1. Financial

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Why is it important to bundle your auto insurance with your homeowners insurance?

Bundling your auto insurance with your homeowners insurance can offer several benefits, including: 1. Cost Savings: One of the primary reasons to bundle insurance policies is the potential for cost savings. Insurance companies often provide discounts to customers who purchase multiple policies from them. By bundling your auto and homeowners insurance, you may be eligible

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Consumers urged to be cautious buying health insurance online

Consumers are being advised to exercise caution when purchasing health insurance online, particularly during Maine’s health insurance marketplace open enrollment period starting on November 1st, according to the Maine Bureau of Insurance. A recent study by Georgetown University revealed that online searches for affordable health insurance often lead to results dominated by lead-generating companies. These

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remote home

Judge’s ruling brings California FAIR Plan ‘one step closer’ to offering more than just fire insurance

A recent judicial ruling has brought California’s FAIR Plan, known as the ‘insurer of last resort,’ closer to expanding its coverage beyond fire insurance. The state, facing an ongoing insurance crisis marked by escalating costs and limited availability, is seeking modifications to the Fair Access to Insurance Requirements (FAIR) Plan. Initially designed as a safety

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The major issues for insuring the warehouse industry

Insuring the warehouse industry involves addressing various risks and challenges specific to the nature of warehouse operations. Here are some major issues that insurance providers and warehouse operators need to consider: 1. Property Damage and Loss: Warehouses typically store large quantities of goods and equipment. The risk of property damage due to fire, natural disasters,

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Is it advisable to acquire pet insurance ahead of winter?

As winter approaches each year, it brings along a variety of potential safety concerns. The snowy weather introduces slip-and-fall hazards, icy conditions heighten the risk of accidents, and freezing temperatures pose health and safety risks. These hazards are not exclusive to humans; they can be equally perilous for pets. With the onset of winter, pet

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Recognize Indicators of Health Insurance Renewal Fraud

MAYVILLE, NY — Collaborating once again, Chautauqua County’s Health Department and Office for Aging Services aim to alert the community about potential health insurance scams during the open enrollment period. Open enrollment for health insurance programs spans from now until December 15th, while Medicare open enrollment lasts until December 7th. The New York State Department

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apartment fire

Condo fire serves as a reminder about importance of renters insurance

Condo blaze serves as a stark reminder of the critical importance of having renters insurance. A resident in Aurora recounts how her life took an unexpected turn when the condo she was leasing suddenly ignited in flames. This incident underscores the significance of investing in renters insurance, even if it’s not mandated by the property

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Insurance commissioner discourages use of turkey fryers due to risk of fire, injuries

Insurance Commissioner Mike Causey, who serves as the State Fire Marshal, is urging North Carolinians to exercise caution when using turkey fryers during the holiday season, citing the potential risks of fire and injuries. As Thanksgiving approaches, Causey emphasizes the need for heightened awareness of fire safety, particularly when engaging in turkey frying, a process

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