Tag: consumer insurance news

Solar panel insurance keeps your green energy investment covered

Marc
Solar Panel Insurance - solar panels on house roof

Many homeowners don’t realize that they need to add coverage to their eco-friendly additions. Across the country, homeowners and businesses alike are making efforts to shrink their carbon footprint but many forget to add solar panel insurance to cover their substantial investments. Getting coverage for your green energy additions is typically quite easy to do. The average rooftop solar panel system will usually cost somewhere between $15,000 and $25,000, according to data from the Center for Sustainable Energy. This represents a considerable investment and will raise the replacement cost of…

Read More

Consumers seek hurricane travel insurance coverage for their vacations this season

Julie Campbell
Hurricane travel insurance coverage - Hurricane in Key West

After a few years of activity during the Atlantic storm season, travelers are looking into their options. The last few years have come with active Atlantic storm season, encouraging travelers this year to look into hurricane travel insurance coverage. Travelers are looking into the types of policy available and how much it will cost. The hurricane season runs from June through November every year. While some seasons see barely any storm activity at all, others are highly active. This year has already seen storms and Barry managed to make landfall…

Read More

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…

Read More

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…

Read More

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…

Read More

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…

Read More