Author: Nordstrom

Classic motorcycle insurance differs greatly from standard policies

Nordstrom
classic motorcycle insurance safety program

They may be in a similar category of vehicles, but the type of coverage they require is quite different. Classic motorcycle insurance, like the coverage for vintage and antique bikes look very similar to standard policies but are different in important ways. These motorcycle insurance policies provide the same types of coverage overall. They protect against personal property and bodily injury liability. They also provide the option of coverage for other perils. That said, classic and vintage motorcycle insurance provides a higher level of cover for more expensive rides. Riders…

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Health insurance trends show many covered Americans still aren’t seeking care

Nordstrom
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Millions of people are skipping medical care despite the fact that they have a policy. A survey commissioned by the American College of Emergency Physicians provided notable insight into health insurance trends. Unfortunately, it has revealed that many people who have a health plan are skipping medical care. They are showing increasing discontent with the expense and quality of their health plans. Almost a third of survey participants felt their health insurance coverage had declined over the past year. Only 15 percent of the participants in the health insurance trends…

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Veterans health insurance may be dropped by 600,000 in 2017

Nordstrom
veterans health insurance

More than half a million vets could find themselves without coverage, say researchers. New research from the (left-leaning) Urban Institute has said 600,000 veterans health insurance policies may cease next year. The reason, said the report, is that in 19 states, Medicaid is not expanding enough to cover the vets. Even with the Medicaid expansion that has already occurred, there continue to be hundreds of thousands of uninsured. The Urban Institute has cautioned that unless the 19 states that have continued to withhold the expansion broaden their programs, there will…

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California Insurance Commissioner supports state-level public option

Nordstrom

As large insurers step out of many of the federal exchanges, the state is looking to lead the way with alternative options. California Insurance Commissioner Dave Jones supports a new state-level strategy that could enhance health insurance marketplace competition. The intention is to implement a public option within the state which could possibly make California a guinea pig for launching similar ideas in the rest of the country. “I think we should strongly consider a public option in California,” said Jones. California Insurance Commissioner Jones explained that the state is…

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Can Peer to peer insurance startups really insure a home for $35?

Nordstrom
peer to peer insurance P2P

P2P companies are beginning to cause a disruption in an industry worth over a trillion dollars. New peer to peer insurance startup strategies that had never earned much notice are starting to become disruptive to the industry. Among those new insurers is Lemonade, a peer to peer lender. It recently obtained its New York state license as an insurance carrier. Lemonade will be selling exceptionally inexpensive homeowners and renters insurance. The intention of the new Lemonade peer to peer insurance company is to sell policies for well below the standard…

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