Insurance Q&A: “Do insurance companies check driving records?”
Well, some do…and some don’t. The answer depends on the risk profile of the insurance company you most closely match up with.
But it’s a safe bet your driving record will be ordered as part of the underwriting and pricing review for your insurance policy.
The companies that don’t [...]
State Farm apparently has too much money to spend on advertising…which should make their policyholders pretty upset.
After all, if they are the largest personal lines insurer in the United States, why don’t they offer the lowest rates? Isn’t that how the concept of bulk sales works?
But I digress. State Farm, which is focused [...]
Although car insurance rates are cheaper for women than men, new technologies seem to be making teen girls a greater risk behind the wheel, according the Allstate 2009 State of Teen Driving survey.
Of the 1,063 teens who participated, 51% of girls said they were likely to use a cell a phone to talk, text, or [...]
Insurance can be a tricky business to understand. There are thousands of insurance companies in the United States, and many are vying for your homeowner’s insurance policy.
Each company’s policy will offer basic coverage types and a host of different endorsements, which are additions and exclusions of coverage.
Because there are so many different types, it [...]
The “Chinese drywall” problem is just starting to snowball. According to Independent Agent Magazine, “the property loss from Chinese drywall could exceed every U.S. hurricane except Katrina (2005) and Andrew (1992).”
How much is that? The expected property loss settlements could top $20 to $30 billion dollars.
An estimated 500 million pounds of tainted drywall [...]
