Please read our blog about a wide variety of insurance topics. Please feel free to ask us any questions.
Cyber insurance market to double by 2020
Posted: September 10, 2018
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...
Pete the Planner: Drive your car into the ground, but take good care of it along the way
Posted: September 4, 2018
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...
Think You're Not at Risk of Flooding? Think Again.
Posted: August 30, 2018
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...
Car Insurance Rates for Married Vs. Single
Posted: August 28, 2018
You have a stellar driving record, a great job, steady income, stellar credit, and are ready to shop around for car insurance. While all of these factors will help you get a low rate, there’s one more seemingly irrelevant factor that could make a big difference in your insurance premiums -- are you single, married, widowed, or divorced? A 2015 study by the Consumer Federation...
Here’s how your credit score affects your auto insurance rates
Posted: August 23, 2018
If you’re like me, you’ve tried to keep your car insurance from going up by being a good driver. The rationale has been that the fewer claims you file, the less likely your rate will increase. But if you happen to be in debt, there’s a good chance your car insurance rate is on the higher end. That’s because your auto insurance and credit score...
