Usage Based Auto Insurance Gaining Traction, Lowering Premiums

Yes, we’re referring to popular new programs such as Progressive Snapshot. Usage based insurance (UBI) is quickly being adopted by large auto insurance companies as a means to select drivers they prefer to insure, while providing these customers with lower premiums, according to a recent Weekly Credit Outlook from Moody’s . How Usage Based Insurance [...]

Questionable Insurance Claims Rise as Economy Sputters

So-called questionable claims increased seven percent in the first three quarters of 2011, compared to the same period in 2010, according to a new report from the National Insurance Crime Bureau (NICB). Most of this year’s increases were associated with workers compensation and casualty lines (bodily injury). Vehicle claims were largely flat, though “hail damage” [...]

Personal Injury Protection Fraud Rampant In Florida

Personal injury protection can be an important additional auto insurance coverage. In fact, some states consider this coverage so important that it’s mandatory. This means your car insurance policy HAS to have it and you HAVE to pay for it. In Texas, while PIP is technically mandatory, you can reject the coverage, in writing, as [...]

University of Farmers – Slightly Better Than Arizona State

Farmers Insurance recently “saluted” itself in recognition of “University of Farmers,” their frequently advertised insurance school, which took 1st place in Training magazine’s 11th annual Training Top 125 awards program. This all but forced us here at TTAI to take a closer look into the University of Farmers and give you the skinny on what it’s [...]

Does Homeowners Insurance Cover Mold?

There is probably mold in nearly every household in the United States. Don’t think so? Check the grout in your bathtub. While we live with small amounts of mold every day with no real negative effects, it can certainly destroy a home if it grows rampant. So it must be covered on your homeowner’s insurance [...]