Author Archives: Admin

Amica provides a wide selection of home insurance policies. These policies cover dwelling coverage that protects against damage to the dwelling itself; personal property coverage that protects belongings from being stolen; liability coverage to protect against lawsuits against you or anyone you insure; as well as additional living expense coverage. Amica Mutual is a mutual […]

Driving safely and following traffic laws are key components of everyday life, yet following them can lower car insurance rates significantly. We analyzed data from 13 insurers to understand how different violations impact drivers and what steps can be taken after being ticketed in order to lower insurance rates post ticket. 1. Speeding Driving over […]

Car insurance is required by most states and purchasing coverage is an easy way to avoid expensive penalties. When conducting regular traffic stops, police officers can easily run your license plate to instantly check coverage status. Cops use various strategies to ensure drivers comply with state laws. Read on to understand how they can tell […]

Once your teen obtains their learner’s permit, you may wonder whether or not to add them to your car insurance policy. Most insurers do not charge extra if a learner driver uses your car regularly. Before hiring someone with a permit, it is wise to compare quotes. Here are some helpful hints and strategies for […]

As long as a private seller has their own policy in place that covers potential damage during test driving, no proof of insurance should be required in order to take a test drive of their car. If this is necessary for some reason, make sure it’s part of the deal when signing on with a […]

Uber provides commercial auto insurance to drivers during two periods: periods 1 and 2. Period 2 coverage begins when an active Uber app, received ride requests, and are headed out to pick up customers (known as period 2). Uber offers contingent collision and comprehensive coverage that may cover up to actual cash value with a […]

The IRS permits taxpayers to deduct supplemental insurance premiums on their taxes; however, before taking this deduction it’s important to keep certain details in mind. Deductibility rules depend on both your employment status and whether or not you itemize deductions; for instance, health insurance premiums you pay as an employee may be payroll deducted before […]

Businesses typically request COIs from third parties in order to verify they possess adequate insurance coverage to complete their projects safely and protect themselves from liability should an incident occur which would be covered under their policy. Any small business or independent professional providing services with potential for financial loss must provide a Certificate of […]

Many insured Americans worry about future health care costs. On average, they estimate that an increase of $364 in monthly premium would make coverage unaffordable – especially among millennials or those earning under $35,000. Many factors influence health insurance costs, including monthly premiums, deductibles and copayment/coinsurance arrangements. We will explore each one more closely. Premiums […]

Based on your business insurance needs, it may be necessary to work with non-admitted insurance markets. These policies typically offer niche or higher risk coverage that admitted markets don’t provide. Non-admitted or surplus lines insurers (also referred to as surplus lines) are typically overseen by their state through the surplus lines office, though they are […]