Word & Brown

JUNE 21, 2025

Out-of-pocket maximum: This is the most the insured will have to pay for covered services in a plan year. In-network vs. out-of-network: Health care providers can be in network or out of network. Out-of-network providers may charge higher rates or may not offer services at all except in case of emergency.

Building

Distinguished

JUNE 2, 2025

For Ohio landlords, these aren’t one-off anomalies — they’re routine claims that happen across Cleveland, Columbus, and Cincinnati every year. Harsh winters, severe storms, aging infrastructure, and liability claims can all turn a profitable property into a financial setback without proper insurance. In fact, 9.3% In fact, 9.3%

Liability

Shield Insurance Agency

MAY 12, 2025

As the weather warms up and spring is in full swing, many of us are eager to get our recreational vehicles out and enjoy the season. However, there are numerous ways to potentially save on your premium. Accidents happen, and if someone gets hurt, you could face significant out-of-pocket expenses without adequate coverage.

Out-Of-Pocket Expense

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. Without specialized landlord insurance, property owners may find themselves covering substantial repair costs, legal settlements, and lost income out of pocket.

Broker

PSM Brokerage

JANUARY 22, 2025

Do: Clearly state premium costs, deductibles, and coverage benefits. Dont: Use vague or exaggerated claims, such as free coverage for everyone unless the context is explained. Navigating the world of advertising and marketing for ACA Marketplace plans can be both exciting and complex.

Agents

Simply Insurance

JUNE 18, 2025

You pay a monthly premium, and in return, the insurance company provides a death benefit to your beneficiaries upon your passing. Generally, premiums are affordable, making it an attractive option for those on a budget. This can include funeral services, burial or cremation costs, and other related expenses. Agents not required.

Life Insurance

Simply Insurance

JUNE 20, 2025

Metlife Pet Insurance | Best Pet Insurance Company Overall Metlife Pet Insurance offers a balanced approach to pet health coverage, combining straightforward plan options with a strong reputation for timely claim payouts. Get affordable rates, coverage options, and expert tips to save—get free quotes now! And with some 40.1%

Insurance Quotes

Healthinsurance.org

JULY 10, 2025

The first wave of changes – effective August 25, 2025 4 changes effective for enrollment in 2026 health plans Changes effective for enrollment in 2027 health plans Why are some of the rule’s changes temporary? 2 The proposed rule drew more than 26,000 public comments. Other provisions are applicable for the 2026 plan year or the 2027 plan year.

Out-Of-Pocket

Healthinsurance.org

DECEMBER 3, 2024

Delayed enrollment might mean missing out on free money. Or you might have opted to buy ACA-compliant coverage outside the exchange , if you weren’t eligible for premium tax credits (subsidies) the last time you looked. The premium that your insurer charges is likely changing for 2025. Letting your plan auto-renew?

Out-Of-Pocket

Boyle Agency Insurance

DECEMBER 3, 2024

That’s because several factors influence the cost of auto insurance premiums. A clean driving record with no accidents or violations typically results in lower premiums, as it demonstrates responsible driving behavior. Younger, less experienced drivers often face higher premiums due to a higher perceived risk.

Premium

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. However, filing small insurance claims can have long-term financial consequences.

Insurance Claim

TGS

OCTOBER 3, 2024

TGS Insurance » Blog 10 Factors That Affect Homeowners Insurance Premiums in Florida When it comes to homeowners insurance premiums, several factors come into play, and understanding them can be the key to managing your costs. Let’s dig into the 10 factors that affect homeowners insurance premiums in Florida—and everywhere else, too.

Premium

TGS

OCTOBER 25, 2024

TGS Insurance » Blog Top Reasons Your Home Insurance Premium Might Increase [2024] Owning a home is often a dream come true, but when that dreaded notice arrives in the mail—informing you that your home insurance premium has gone up—it can feel more like a nightmare. If you’re wondering why your premiums have spiked, you’re not alone.

Home Insurance

Freeway Insurance

OCTOBER 8, 2023

Understanding how much car insurance claims typically cost involves taking a look at the complicated world of car insurance, where many things can affect the numbers. The average cost of auto claims is important to both insurance companies and people who have insurance. What Is A Car Insurance Claim?

Auto Insurance

TGS

OCTOBER 28, 2024

Simply put, a deductible is the amount you agree to pay out of pocket before your insurance kicks in after a claim. It’s a bit of a balancing act: on one hand, a higher deductible can lower your monthly premiums, but on the other hand, it means you’ll pay more out of pocket in the event of an accident.

Deductible

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. Sure, the premium—the amount you pay for the policy—matters. What’s more important is what that premium gets you. The same thing happens with insurance.

Insurance Quotes

Triple-I: Homeowners Insurance

DECEMBER 3, 2024

We want to pay claims as expeditiously as possible…. With her reference to “investors,” Rangaswami took aim at a little-known, rapidly growing practice called third-party litigation funding (TPLF), in which investors with no stake beyond potential profit step in to fund lawsuits against corporate entities perceived as having deep pockets.

Out-Of-Pocket

Paragon Independent Insurance Agencies

JULY 31, 2024

A home insurance deductible is the money you must pay out of pocket when filing a claim before your insurance kicks in. You will be responsible for paying a deductible out of pocket every time you file a homeowner claim. Reach out to us today! What is a Home Insurance Deductible?

Deductible

Protect Commercial Insurance

NOVEMBER 8, 2024

By understanding your policy needs, shopping around, and exploring available discounts, you can effectively manage insurance premiums and keep your business financially secure. It provides protection against a plethora of risks, including property damage, liability claims, theft, and even employee injuries. The good news?

Commercial Insurance

Property Insurance Centre

SEPTEMBER 25, 2024

This might seem like an advantage since this saves cost initially, though it might lead to high premium costs later on. Define the maximum amount that you are willing to spend additional in the case of a claim. This way you can avoid situations where you end up finding out what you are not being covered for.

Building

Jackson & Jackson

APRIL 10, 2024

It protects you from claims arising from accidents or injuries on your property. Assessing the Value of Your Property Accurately The value of your property directly affects your insurance premiums and the amount you’ll be compensated in case of a claim. However, it also comes with risks that must be managed effectively.

Commercial Property

Protect Commercial Insurance

OCTOBER 4, 2024

How Interest Rates Influence Insurance Costs Insurance premiums are sometimes indirectly influenced by interest rates. Here’s how: insurers rely on investment income to keep premiums competitive. When interest rates rise, the returns on these investments can increase, potentially affecting premium rates.

Property Insurance

Zywave

OCTOBER 25, 2024

So, what actionable steps can you take to address these issues and retain more clients? This means communicating with your clients more often than just during renewal season or if there is a claim. Everyone wants to make sure they’re getting the most out of every dollar. Ultimately, that’s the bottom line.

Out-Of-Pocket

Jackson & Jackson

APRIL 29, 2024

Increase Your Deductible Increasing your deductible is one of the simplest ways to lower your insurance premiums. This means you will pay more out of pocket in case of a claim, but your monthly or annual insurance costs will be lower. Strategy: Install modern fire alarms, sprinkler systems, and security systems.

Commercial Property

TGS

OCTOBER 3, 2023

A lot of factors go into calculating your home insurance premium. Total Premium 11. Policy Number If you ever need to file a claim, this policy number is what you will use. Insured Address Your home’s location is a critical piece of the calculations that determine your homeowners insurance premium. Policy Number 3.

Insurance Quotes

PSM Brokerage

DECEMBER 5, 2024

Here’s what makes Allstate Medigap plans stand out: Trusted Reputation : With decades of experience, Allstate is a name that inspires confidence, making your job as an agent easier when selling their plans. Allstate, a household name in the insurance industry, is now bringing its trusted reputation to Medicare Supplement (Medigap) plans.

Out-Of-Pocket

Smart Insurance Agents

AUGUST 23, 2024

The MPP aims to provide sponsors with a predictable and stable payment stream through cost sharing mechanisms, which will allow them to manage their risk more effectively. In this article, we will discuss the key features of the MPP, the benefits it offers to Part D sponsors, and the potential implications for the Medicare Part D program.

Out-Of-Pocket

Protect Commercial Insurance

NOVEMBER 1, 2024

Let’s dive in and find out what each offers! Let’s delve into what landlord insurance offers and why it might be the right choice for you as a property owner renting out one or more homes. It’s crucial because it ensures you won’t have to bear the financial burden of significant repairs out of pocket.

Home Insurance

Bankers Insurance

MAY 16, 2024

The homeowners insurance market is complicated and dynamic, and many policyholders have experienced increased rates in recent years despite no changes to their coverage or claims filed. Even among typical homeowners policies, premiums likely increased year over year. WHAT HAPPENED IN 2023? billion each.

Home Insurance

PSM Brokerage

DECEMBER 5, 2024

Why Agents Should Sell Aflac Medicare Supplement Plans When it comes to trusted names in the insurance industry, Aflac stands out as a company synonymous with reliability, innovation, and client-focused solutions. Medigap plans not only meet this need but also create opportunities for agents to build long-term client relationships.

Out-Of-Pocket Expense

Protect Commercial Insurance

JULY 26, 2024

It provides coverage for third-party bodily injury or property damage claims that may arise from accidents on your premises or as a result of your products or services. Product liability insurance protects you in case a customer claims that your product caused them harm or damage. These discounts can help reduce your premiums.

Commercial

Freeway Insurance

NOVEMBER 22, 2023

Eligible students can apply for financial assistance to reduce the cost of insurance premiums. You might actually find better coverage at lower monthly premiums and even be eligible for other savings based on your income. You may have to pay more out of your own pocket.

Out-Of-Pocket

Scott Insurance

SEPTEMBER 13, 2021

However, organizations should anticipate increased claims in 2021 and adjust 2022 renewals to have slightly higher claims due to lingering effects on health and health care delivery. The percentage increases to 54% when looking at Gen Z workers alone. It is the largest benefits survey of its kind in the U.S.

Out-Of-Pocket

Jackson & Jackson

APRIL 28, 2024

This often happens when trying to save on premiums. However, in the event of a claim, this can lead to substantial out-of-pocket expenses due to insufficient coverage limits. This lack of understanding can lead to unexpected claim denials when they assume they are covered for specific events.

Business Interruption

Bankers Insurance

AUGUST 8, 2024

Businesses may end up with inaccurate ITV calculations for a wide range of reasons — whether it stems from ineffective property valuation methods, intentionally underestimating costs to secure reduced premiums or being impacted by factors outside their control (e.g., inflation).

Commercial Property

Healthinsurance.org

MAY 20, 2024

The alleged plan: to deliberately misrepresent the ACA’s advance premium tax credits – APTC – which are paid directly to an insurance company, not to the consumer. The alleged plan: to deliberately misrepresent the ACA’s advance premium tax credits – APTC – which are paid directly to an insurance company, not to the consumer.

Broker-Agent

Smart Insurance Agents

OCTOBER 16, 2024

Choosing the right broker involves verifying credentials, reading client reviews, and scheduling consultations to ensure tailored support throughout the insurance enrollment and claims processes. Unlike agents tied to one insurer, brokers work with multiple companies to give you unbiased options. What is a medical health insurance broker?

Insurance Broker