Insurance News

The New Health Insurance FICO Score

July 29, 2011 No Comments »

There are usually two opinions about using a “credit score” model for the pricing of loans and insurance. Those with good credit tend to like it, while those with less-than-perfect credit seem to hate it. Hmm…we wonder why. At the ... Read More »

GM to Offer Free Car Insurance

July 7, 2011 No Comments »

Wait a minute. What did you say? Yes, you read that right. “Free car insurance from GM.” The car maker is taking out all of the stops (and barriers) to purchasing one of their new vehicles. The Who GM has ... Read More »

Nevada Uninsured Motorist Laws Get Tougher

July 5, 2011 No Comments »

Nevada drivers have even more reason to ensure they are properly insured going forward. Starting July 1, Senate Bill 323 establishes a tiered system of fees and fines for those who allow their auto insurance coverage to lapse. Previously, vehicles ... Read More »

Insurance Bundling Leads to Lower Customer Satisfaction

Insurance Bundling Leads to Lower Customer Satisfaction
June 30, 2011 No Comments »

You may have heard of “insurance bundling,” where auto and homeowner’s insurance policies (or another type of insurance) are written by the same company in order to save money on insurance premium. (See: Progressive bundling for more on that.) Well, ... Read More »

Credit Scores and Car Insurance Rates

June 21, 2011 No Comments »

You’ve probably heard recently that credit scoring comes into play when setting your car insurance premium. Well, it doesn’t just come into play – it’s actually a major driver of car insurance rates, according to a new study from ... Read More »

54 Percent of Auto Insurance Purchases Initiated Online

June 3, 2011 No Comments »

A new survey from J.D. Power revealed that more than half (54%) of new buyers of auto insurance initiated their policy purchase by applying for an insurance rate quote online. So clearly the trend is to research and compare rates ... Read More »

Two-Thirds Still Plan to Purchase Insurance Through An Agent

May 26, 2011 No Comments »

Despite the fact that other channels are growing, two-thirds of Americans still plan to buy or renew their insurance through an agent during the next 12 months, according to a new survey from Accenture. Even younger consumers predominantly favor working ... Read More »

Online Auto Insurance Shopping Grows in Popularity

May 23, 2011 No Comments »

Shopping for and purchasing auto insurance online is growing in popularity, according to the comScore 2011 Online Auto Insurance Report released last week. In 2009, online insurance quote submission and purchasing saw a dramatic increase of 21 and 22 percent, ... Read More »

Top 10 Workers Compensation Insurance Companies in Texas

May 16, 2011 No Comments »

If you’re currently looking for a workers’ compensation insurance company in Texas, you may be wondering who the top players are. Fortunately, such information is compiled and delivered by the Independent Insurance Agents of Texas. Just keep in mind that ... Read More »

Top Ten States for Dog Bite Insurance Claims

May 11, 2011 No Comments »

This week, State Farm revealed the top 10 states for dog bite claims, at least with respect to their company. California topped the chart with 369 insurance claims and $11.3 million paid out. Illinois was a close second with 317 ... Read More »