Triple-I: Homeowners Insurance

JANUARY 22, 2025

Reforms put in place in 2024 are a positive move toward repairing Louisianas insurance market, which has long suffered from excessive claims litigation and attorney involvement that drive up costs and, ultimately, premium rates. Learn More: Louisiana Is Least Affordable State for Personal Auto Coverage Across the South and U.S.

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TGS

OCTOBER 28, 2024

TGS Insurance » Blog How to Choose the Right Auto Insurance Deductible When it comes to auto insurance, one of the most important decisions you’ll make is selecting your deductible. Simply put, a deductible is the amount you agree to pay out of pocket before your insurance kicks in after a claim.

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Scott Insurance

FEBRUARY 7, 2023

is facing higher-than-normal increases to their auto insurance premiums. According to Bankrate , an independent publisher and comparison service, auto insurance in the U.S. Therefore, if the costs associated with an accident increase, insurance premiums will follow suit.

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Majesco

MARCH 27, 2025

When she recently realized that her premiums for both vehicles were nearly identical (and they had both gone up), she called her insurance agent. The agent suggested a telematics-based insurance product for the convertible to optimize pricing. The potential premium savings are worth the data sharing. They buy differently.

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Triple-I: Homeowners Insurance

MARCH 4, 2025

Floridas legislative reforms to address claim fraud and legal system abuse are stabilizing the states property/casualty insurance market, according to the latest Triple-I Issues Brief. Based on insured losses, Ian became the second-most costly U.S. The average risk-adjusted cost for 2024 was -0.7

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Shield Insurance Agency

APRIL 19, 2024

Shield Insurance Agency Blog | Collision Coverage | Auto Insurance | Start A Quote Today! Michigan is a state with unique auto insurance requirements that can sometimes be confusing to navigate.

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Auto Insurance Deductible Out-Of-Pocket Insurer 52

Mark Jackson Insurance Agency

MAY 7, 2025

Review Your Insurance Coverage Most auto insurance policies require you to inform the insurer when a new driver is added to your household. If your teen is licensed and living at home, your insurer likely needs to include them on your policy, even if theyre just an occasional driver.

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Triple-I: Homeowners Insurance

JANUARY 20, 2025

As generative AI and other technological innovations help streamline the insurance value chain, such processes must continue to align with the human needs intrinsic to insurance, Kempton stressed. Insurance is a human business, Kempton said. In insurance, we talk about mitigating loss, Kempton said.

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American Agents Alliance

AUGUST 10, 2024

Severe weather is transforming the auto insurance industry. This means insurers must adapt to changing weather patterns and increasing unpredictability. Focused on the impacts of severe weather events on the auto insurance and repair industries, the report gives timely details on the future of the industry.

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Leadsurance

NOVEMBER 19, 2024

How to Reduce Home Insurance Premiums without Compromising on Coverage Home insurance is many people’s key protector; it provides one with the needed cover once loss or damage occurs. The good news is that one can reduce home insurance premiums without necessarily sacrificing the cover that you get.

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Shield Insurance Agency

AUGUST 20, 2024

Shield Insurance Blog | Small Insurance Claims | Contact Our Sales Team! Small Insurance Claims Can Raise Premiums Small insurance claims, such as those for minor property damage, may seem like a hassle to deal with. Additionally, small claims often require you to pay a deductible.

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Distinguished

APRIL 21, 2025

However, with opportunity comes risk: property damage, liability claims, and unexpected financial losses can quickly turn a profitable investment into a costly liability. For brokers and agents, understanding landlord insurance in Chicago is crucial for helping clients safeguard their investments while expanding business opportunities.

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HBW Leads

MAY 9, 2024

Providing clear, concise information about your products and supporting customers through claims processes enhances trust and loyalty. The question, again though, is about how to find insurance customers in the first place. Build a Strong Brand Identity Trust and reliability are the cornerstones of the insurance industry.

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Triple-I: Business Insurance

OCTOBER 25, 2024

The commercial auto insurance line has struggled to achieve underwriting profitability for years, even before the inflationary conditions that have been affecting property/casualty lines more recently. This trend has been accompanied by steady growth in net written premiums (NWP).

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Distinguished

MAY 19, 2025

From kitchen fires and equipment breakdowns to liability claims and utility outages, restaurants operate in an environment where a single incident can lead to costly interruptions or legal exposure. To stay resilient, restaurant owners need insurance that helps them recover quickly and mitigate financial losses when something goes wrong.

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Tosten Marketing

APRIL 3, 2025

For insurance agencies, educational videos prove particularly effective. Try creating short, informative videos on topics like: How to file a claim Understanding different types of coverage Tips for reducing premiums Infographics simplify complex information and are highly shareable on social media.

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TGS

SEPTEMBER 14, 2023

What Is An Additional Insured? An additional insured is someone who gets coverage from your insurance policy. Their name isn’t on the policy, and they typically aren’t responsible for paying the premium. As a household member who is covered by the home insurance policy, that retiree is an additional insured.

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Frankenmuth Insurance

JULY 25, 2024

What is the highest amount I could pay on a claim? What factors affect my premiums? What specific factors are affecting my premium? Are there things I can do to lower my premium, like adding security cameras or implementing safety measures? If I use vehicles for my business, do I need commercial auto insurance?

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Wren Insurance Agency

AUGUST 7, 2024

When it comes to home and auto insurance - with very few exceptions - did you know that you can change your insurance carrier at any time? Additionally, your lender will add "forced placed" insurance, which will increase your monthly premiums.)

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TGS

NOVEMBER 18, 2024

The no-fault system was designed to streamline the claims process, reduce the burden on courts, and ensure that accident victims receive compensation more quickly. Think about it—if your insurance is responsible for your expenses regardless of fault, you’re not stuck waiting for an at-fault driver’s insurance to approve or deny your claim.

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Mark Jackson Insurance Agency

JULY 23, 2024

Reducing Accidents and Insurance Claims The insights provided by telematics can directly contribute to a reduction in accidents and related insurance claims. Consequently, a decrease in accidents not only enhances safety, but can also lead to lower commercial auto insurance premiums, benefiting your bottom line.

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TGS

NOVEMBER 20, 2024

Let’s explore how and why your credit score affects your home insurance , what insurers are really looking at, and what you can do to keep your premiums manageable. How Credit Score Impacts Home Insurance At its core, your credit score is a measure of financial reliability. Why Do Insurers Care About Credit Scores?

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Triple-I: Homeowners Insurance

DECEMBER 3, 2024

As we’re trying to raise awareness of this problem with consumers, ‘social inflation’ doesn’t work,” said discussion moderator and Triple-I’s Chief Insurance Officer Dale Porfilio. We want to pay claims as expeditiously as possible…. Attorney advertising – estimated to total over $2.4 billion across the U.S. court cases.

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TGS

OCTOBER 30, 2024

Don’t Chase the Cheapest Premium—Focus on Coverage We’ve all been there: drawn to the lowest price, only to realize it wasn’t quite the bargain we thought. The same thing happens with insurance. Sure, the premium—the amount you pay for the policy—matters. What’s more important is what that premium gets you. More savings.

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Freeway Insurance

NOVEMBER 24, 2024

Lets take a drive through the history of auto insurance to learn howand why car insurance has evolved over time. Horse-Drawn Wagons to Horsepower: The Inception Getting insured is such a massive part of modern life, with policies covering everything from your home to your health.

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Jackson & Jackson

FEBRUARY 14, 2025

Erie Insurance offers a unique benefit to customers who have maintained a clean driving record Rate Lock. If you qualify, this benefit can offer you the peace of mind of not worrying about premium increases for the next three years. What Is Erie Insurance Rate Lock? But what happens when that term ends?

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Freeway Insurance

OCTOBER 26, 2023

Does where you live have an impact on how much you pay for car insurance? Surprisingly, it does indeed make a difference where you live when your insurer is determining what you’ll be quoted for your auto insurance coverage. Therefore, people who live in places with more crime may have to spend more on insurance.

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Jackson & Jackson

MAY 23, 2024

Understanding Small Business Insurance in California The Basics of Business Insurance Before diving into the world of insurance savings, it’s crucial to understand the basics of business insurance. Small business insurance covers property damage, liability claims, and employee-related risks.

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TGS

NOVEMBER 1, 2024

Knowing exactly what to do after a car accident can make all the difference in ensuring a smooth claims process, protecting your rights, and, most importantly, keeping everyone safe. Plus, having a police report on file can help you later when dealing with insurance claims. Who should you call?

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InsuredMine

OCTOBER 25, 2024

The appeal lies in their transparency and rapid claims settlement, eliminating the need for lengthy claims assessment processes. Rise of Usage-Based Insurance (UBI) Usage-based insurance models are expected to become more widespread across various insurance lines.

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American Agents Alliance

MARCH 3, 2025

AI has rapidly transformed the insurance industry and more changes will continue as the technology and use cases mature. New efficient processes and workflows for underwriting, claims, policy administration, billing, and customer service have been implemented across the industry.

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Triple-I: Homeowners Insurance

APRIL 5, 2024

Installation of a wind-rated garage door and storm shutters also boost a home’s resilience to a hurricane’s damaging winds and may generate savings on a homeowner’s insurance premium. How to Prepare for Hurricane Season How to File a Flood Insurance Claim Is Your Business Ready for Peak Hurricane Season?

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TGS

DECEMBER 11, 2024

TGS Insurance Blog Captive Agent vs. Independent Agent: Whats the Difference and Why Does It Matter? When it comes to buying insurance, the options can feel overwhelming. Policies, premiums, deductiblesits a lot to process. Heres the upside: captive agents are experts on their companys products. But theres a catch.

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Triple-I: Business Insurance

AUGUST 11, 2022

The property & casualty insurance industry’s combined ratio – an indicator of underwriting profitability – is forecast at 100.7 Combined ratio represents the difference between claims and expenses paid and premiums collected by insurers. We forecast 2022 P&C premium growth of 8.5 for 2022, up 1.2

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Majesco

OCTOBER 10, 2024

[ii] According to the Insurance Journal article, Progressive “outdistanced” GEICO on growth and profitability measures in the first quarter with Progressive reporting a 12% increase in written premiums and a combined ratio of 94.5, points from first-quarter 2021. Leaders differentiate themselves.

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Majesco

JULY 11, 2024

In our industry, many thought that online purchasing and streamlined customer experiences were the epitome of digital engagement, but it turns out that guided experiences with AI and GenAI tools will force insurers to change everything from insurance product development to servicing, claims, and even channel design.

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TGS

OCTOBER 17, 2023

Discuss Your Policy Without Hurting Your Insurance Score Did you know that it counts against your insurance score to report a financial loss, even if you decide not to file an insurance claim? Even without filing a claim, your insurance score will suffer.

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