Did last year seem like one weather-related catastrophe after another? If you felt that way, you’re not alone. It was a record-breaking year across the U.S., with fourteen extreme weather events that resulted in damage costs of $1 billion or more – altogether totaling about $45 billion. These disasters killed …
It was an interesting week at the office especially as it pertains to “undisclosed teenage operators” aka not adding your kid to your auto insurance. The thing that everyone always says when they call to add their child to the auto insurance is, “Let’s do whatever we need to do …
Thirteen years of my insurance career was spent working as a Senior Sales Representative for one of the major national brands that you see advertised on television and online almost every day. The issue that I continually faced was that I could not put my clients’ interests first. Each week …
Source: Marvin H. Feldman, CLU, ChFC, RFC, CEO emeritus of Life Happens When you’re just starting out, it often seems that a dollar never stretches far enough. And with new commitments, such as buying your first home or having children, comes the responsibility to make sure your loved ones will …
3 Life Insurance Myths That Could Hurt Young Families Read More »
For the first time ever, more Americans have employer-provided life insurance (108 million) than have individual life insurance coverage (102 million), according to a new LIMRA study. And while that statistic sounds good, it actually hides a few important facts you should understand. 1. There’s more to the stat than …
4 Things You Probably Don’t Know About Your Life Insurance at Work Read More »
The first step in determining whether a car is totaled (or, in insurance terms, a total loss) is to calculate its actual cash value (ACV) at the time of the loss. The ACV is how much your vehicle is worth after factoring in depreciation. On average, vehicles depreciate more than …
What Happens When a Car is Considered a Total Loss? Read More »
1. Frequency of auto claims are on the rise. More cars are on the road and more miles are being driven every day due to higher employment rates and ride-hailing services. • The national unemployment rate dropped to 3.7% in November 2018, the lowest it has been since 1969. • …
Source: Insurance Journal Texas independent insurance agents might want to warn their homeowner insurance customers that premium hikes and/or increases in deductibles could be on the horizon this year. Homeowners insurers have been filing for rate increases in the state over the past couple of years and that’s going to …
