Search Results for: insurance

There are two open enrollment periods for Medicare that offer the chance to change your coverage. Here are some ways to compare plans. Medicare plans offer an annual open enrollment period, as with all health plans. Current Medicare beneficiaries have the opportunity to review their coverage and make possible changes. Medicare only has one open enrollment window […]

The second most common cause death in teens is motor vehicle crashes. 2375 teens between 13 and 19 died in 2019 due to crash-related injuries. Today, it’s much more dangerous to be a teenager driver. Research has shown that the risk of becoming a driver is greatest at 16 years old. Teenagers between 16-17 years old have a four-fold higher crash rate […]

In 2019, there were 721,885 stolen vehicles, which equates to $6.4 billion in motor vehicle thefts. It is a decrease of 4% from 2018, when 751,885 cars were stolen. However, this still means that almost 722,000 vehicle owners suffered that loss in a single year. The FBI’s motor vehicle theft statistics include many types vehicles, and not just cars. Motor […]

Every year, nearly 40,000,000 cars are being sold. The main factors that influence the price of your car include its mileage, interior and exterior conditions, location, make, model, year, and the make and model. Actual cash value (ACV), which is the actual value of a vehicle, may be used by insurance companies to calculate how much they will […]

Subrogation is a concept that most insurance claim professionals are familiar with. Your company may have a subrogation division or even a specialist. Subrogation procedures are fairly uniform across all companies. Claims that are made due to partial or total negligence of a third-party are referred directly to the subrogation department, where subrogation efforts are […]

Children are often killed by being left in cars all around the globe, including in the United States. Although hot car deaths can occur anywhere and can often be unintentionally, they can be prevented by better education and awareness. This information is vital to your survival as the U.S. experiences warmer temperatures. Safety statistics for hot […]

Are you considering purchasing a car with a rebuilt title? While these cars can be a great deal, they come with some unique challenges–including finding an insurance company that will provide coverage. State Farm is one of the largest insurers in the United States, but will they insure your rebuilt title vehicle? In this article, […]

Document management and storage are two of the most critical aspects of any insurance claim product. It all starts with basic paper flow and document storage. This was, and is still, the cabinet filing system. Many of us are now paperless thanks to electronic technology. Let’s look at some of the financial differences as well as the steps […]

Many Americans spend months indoors. Some are spending their money and time to change the scenery or improve their surroundings. People are taking on more renovation projects and office equipment is being purchased at an increasing rate. You may be underinsured if you have expensive items or make significant home improvements. It’s a smart idea to review […]

As a homeowner, hiring a contractor is an important decision that can greatly affect the outcome of your home improvement project. While you may be impressed with their portfolio and references, there’s one crucial aspect that you shouldn’t overlook: insurance. Having insurance not only protects the contractor but also safeguards you from potential liabilities in […]