Insurance Blog

Please read our blog about a wide variety of insurance topics. Please feel free to ask us any questions.

After Florence floods, the uninsured awaken to painful reality

HOPE MILLS, N.C. (Reuters) - Flood insurance was far from Stephanie Walker’s mind in 2015 when she moved her family into a home in Fayetteville in central North Carolina, nearly 200 miles (320 km) from the coast. The next year, a creek at the end of her street swelled during Hurricane Matthew, sending several feet of water into her living room. Without flood insurance, the... Read Article

What Does Comprehensive Auto Insurance Really Cover?

Want a flexible car insurance coverage that provides a lot of value without the high cost? The first level of coverage beyond the state minimum coverage is comprehensive coverage. Comprehensive is great because it protects against so many different types of physical damage to your vehicle. Comprehensive coverage goes by a few different names and can be used as a stand-alone coverage for your vehicle or in combination... Read Article

Cyber insurance market to double by 2020

The most damaging cyber attacks to date, in economic terms, have been caused by malware such as WannaCry and NotPetya, which infected hundreds of thousands of computers around the world in 2017 The market for insurance against cyber threats will double by 2020 to over 8 billion dollars, German reinsurance giant Munich Re told a conference in Monaco on Sunday. “Cyber risks are one of... Read Article

Pete the Planner: Drive your car into the ground, but take good care of it along the way

We’re 400 miles away from the odometer hitting 200,000 miles on one of our vehicles and 300 miles away from hitting 135,000 on the other. I’m ecstatic. I’ve literally never been more excited about my relationship with transportation, other than that random time I got magically upgraded to first class on an eight-hour flight. People all around me have newer cars than I do, but... Read Article

Think You’re Not at Risk of Flooding? Think Again.

What you need to know about flood insurance. People tend to underestimate their flooding risk, says Lynne McChristian, a consultant with the Insurance Information Institute, a nonprofit group. Ninety percent of all natural disasters—especially hurricanes—include some form of flooding, and roughly 20 percent of claims processed by the National Flood Insurance Program (NFIP) are from areas considered at low or moderate risk of flooding (when... Read Article