Category: Insurance News

Not sure what your renters insurance covers? You’re not alone

Key Points: Over 90% of people with renters insurance aren't aware that they're covered if their dog bites someone, according to a recent survey by Assurant, a provider of property and casualty insurance. There are other misconceptions about what renters insurance covers, and how much it costs. Not sure your insurance is adequate? There are steps you can take to fix that. Your dog bites... Read Article

Geico aims to steer auto-insurance bills into ditch

Greg Kalinsky, executive vice president and chief information officer of Government Employees Insurance Corp. (GEICO), during the International Business Machines Corp. (IBM) Think Conference in San Francisco, California.   Geico is telling New York customers they can save money on their car insurance by lobbying politicians to oppose a pair of bills pending in Albany. Caught in the legislative traffic jam of the state legislative... Read Article

Man sentenced to prison for insurance fraud over lies about how his vehicle was damaged

A Woodland Hills man was sentenced Monday to two years in prison for lying to his insurance company about how the damage occurred, prosecutors said. Raymond Merkley, 41, had been charged in connection with filing a fraudulent auto insurance claim, according to a news release from the Ventura County District Attorney's Office. Merkley damaged his vehicle while illegally off-roading in Hungry Valley State Park in... Read Article

These Are the Most and Least Expensive States for Car Insurance

Aside from factors like your age, driving record, and gender, the state you live in also has a significant effect on your insurance rates. Car insurance costs are a substantial expense, and where you live has a substantial effect on rates. The most expensive state for car insurance is Michigan at an average cost of $2,611 annually, according to a study by Insure.com. It's followed... Read Article

Is Your Home Adequately Insured by the Right Company?

Do you know what an "admitted" insurance company is? Some folks hit by the Paradise, Calif., fire learned that lesson and a couple others the hard way. But there was one nightmare none of the residents of Paradise could have imagined, and no matter where you reside in the United States, what they are going through right now — their same fate — could be... Read Article