Tag: consumer insurance news

Insurance companies issue polar vortex safety tips to policyholders facing the deep freeze

Julie Campbell
polar vortex safety - frost trees

Customers who protect their homes and themselves lower their risk of having to file a claim. As freezing weather blasts its way across three quarters of the country, insurance companies have issued polar vortex safety tips to keep their policyholders safe. The goal is to educate customers to make the right safety choices to prevent injuries to themselves or damage to their property. Several insurers have taken part in this effort to make it easier for policyholders to avoid claims. The following are some of the ways customers can use…

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Insurance customers can enjoy the benefits of Tidying Up With Marie Kondo

Julie Campbell
Benefits of Tidying Up - Toy Storage

The popular Netflix series is reducing clutter levels but also underscores an often overlooked coverage step. While most people love the de-cluttering benefits of Tidying Up With Marie Kondo, the insurance industry sees this as a fantastic opportunity for policyholders to take a very important but frequently overlooked step to gain the best coverage. Nearly all renters and homeowners insurance customers miss this vital step to ensuring top coverage. The Netflix series, Tidying Up with Marie Kondo has become explosively popular. This is particularly true as people use the benefits…

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Insurance Checkup campaign launches in Connecticut to help consumers understand their insurance policies

Marc

In an effort to raise consumer awareness of their insurance policies, the Connecticut Department of Insurance has launched a new campaign called “Insurance Checkup.” Many consumers understand what their insurance policies do and do not cover, but a significant number have no clue. This can lead to trouble when it times to file claims and policyholders meet with rejection because their policies do not cover a specific event. Insurance Commissioner Thomas Leonardi cites the disastrous 2011 as inspiration for the initiative. Last year, Connecticut residents fell victim to a number…

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Texas insurance bill promises transparency

Nordstrom

Texas is making a move to ensure the transparency of the state’s insurance industry. Legislators are toiling over a bill, dubbed the Texas Insurance Awareness and Affordability Act, which will require insurers to provide exhaustive information regarding any changes in policies. There have been growing concerns about how insurers determine their rate hikes recently, driving demand for more transparency. The bill is seeking to garner explanations on proposed premium increases in a language that everyone can understand. State insurers would be requires, upon changes in policy, to provide a side-by-side…

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