Are Rideshare Drivers Covered By Their Auto Insurance?
Posted: October 29, 2024
If you drive your personally owned auto for Uber, Lyft, or even a pizza delivery company, your personal auto insurance will not provide the coverage you need, should you be involved in an accident. Uber and Lyft are "rideshare" services that compete with taxis and more traditional car transport services. These companies do not own or operate their cars and do not hire their...
What Is Your Insurance Agent Doing For You?
Posted: May 22, 2024
Engaging in any business requires the support of professionals who can guide you through the complexities and challenges of your industry. One such professional is an agent. They play a critical role in ensuring your success. However, not all agents are created equal. It's important to know what your agent should be doing for you to ensure that they are providing the best service possible....
Real Trouble For Auto Insurers in 2024
Posted: April 15, 2024
Insurers are grappling with unprecedented challenges in the rapidly evolving landscape of the auto insurance industry. Rising costs, driven by increased labor and material expenses, along with the impact of natural disasters, are significantly influencing the sector's financial health. The projection of a 2023 net combined ratio of 110.2 for commercial auto underwriting underscores the severity of the situation, marking a significant shift since...
Is Insurance Fraud On The Rise?
Posted: February 12, 2024
Unraveling Insurance Fraud: Examining its Nature and Alleged Surge Insurance is designed to provide financial security and peace of mind to individuals and businesses when unexpected events occur. However, as with any system, there are individuals who attempt to exploit it for personal gain. This dark underbelly of the insurance industry is known as insurance fraud. In recent years, concerns have arisen about the potential...
How Agents Can Help You Get Competitive Car Insurance
Posted: September 22, 2023
Insurance agents can play a significant role in helping you obtain car insurance quotes by providing personalized assistance and guidance throughout the process. Here's how agents can assist you in getting car insurance quotes: Competitive Car Insurance Expertise and Knowledge: Insurance agents are well-versed in the intricacies of different insurance policies, coverage options, and pricing structures. They can explain complex insurance terms, answer your...