Search Results for: insurance

The average cost of car insurance in Washington D.C. has a higher average than the U.S. because of some of the most dangerous areas and densely populated areas. Washington D.C. rates average $704 per year for minimum coverage. A full coverage policy costs $1,855 annually, which shows how costly it can be to drive around the capital. What is the […]

According to the 2018 U.S. Department of Transportation Highway Statistics, there are more than four millions of licensed drivers. Drivers are legally required by law to have insurance. Knowing about the rates of car insurance in Alabama can help drivers in the Cotton State with their budgeting. Alabama’s average car insurance cost is $469 per year for minimum coverage […]

Due to its short commute time and high number of car-related deaths, Austin was ranked as one of the most dangerous U.S. cities to drive. The car insurance rates are comparable to the Texas average with minimum coverage starting at $558 per annum and full coverage starting at $1,796 per annum. For the 978.908 residents, car insurance is required. […]

Alaska is the most populous state in the U.S. but only 530,000 drivers are licensed as of 2019. Alaskans pay $373 annually for basic coverage and $1,559 for full coverage. Road safety is a concern because of the high number vehicle-related deaths. As of 2018, there were 80 fatalities in Alaska from accidents. 41 were due to speeding, 29 were due to […]

The traditional insurance business model has been remarkably resilient for years. As emerging technologies transform the way people interact with businesses, and the delivery of products and services, traditional insurance is starting to feel the digital effects. Blockchain is one of these emerging technologies. Companies such as Enterprise and IBM have implemented blockchain strategies that have helped push […]

Flood damage isn’t covered by homeowners’ insurance, so many New Yorkers must purchase separate coverage to protect themselves against flood risk. This is particularly applicable when purchasing property located within high risk flood zones. Under federal rules, mortgage lenders must require people buying property in high risk areas to purchase flood insurance before closing on […]

Water damage is among the primary reasons homeowners file an insurance claim. Burst pipes typically fall under dwelling and personal property coverage on homeowner policies. Flood insurance covers damage directly caused by flooding; thus it only addresses direct impacts such as broken pipes. So does flood insurance cover broken pipes? Flood insurance does not cover […]

Term life insurance is a great option for providing substantial insurance coverage, but only for a short time. Nearly all major life insurance companies sell term life policies to offer greater protection in specific circumstances. Young families with children may find term attractive because of the low cost and the large death benefit that the beneficiaries receive in […]

You may be unable to find homeowners insurance in an area that is prone to fire. Consider looking at surplus line carriers, private carriers or the state’s plan. It can be difficult to find homeowners insurance in areas where there are frequent fires. In West Coast fire-prone areas, some insurers have stopped renewing or cancelling policies. It […]

Acomprehensive analysis of data from 2013 to 2017 by ranks Arizona as the tenth worst state for speeding deaths. Fines for speeding can be steep and typically range from $150 to $500 depending on the circumstances. In addition, a speeding ticket in Arizona can result in a significant increase in auto insurance premiums. According to Bankrate’s 2021 study on annual premiums, a […]