Tag: insurance claims

Homeowners insurance customers aren’t pleased with claims handling

Julie Campbell
homeowners Insurance Consumer Satisfaction

A J.D. Power & Associate study recently showed that Nationwide experienced a plummet in satisfaction. The annual J.D. Power & Associates report has now been released and has shown that customer satisfaction has been falling among homeowners insurance customers, particularly when it comes to the way their claims are being handled. Among insurance companies, Nationwide experienced a considerable slip, plunging it into a tie for ninth place. Considering that Nationwide homeowners insurance customer satisfaction had been in third place in 2014 and had risen to second place last year, the…

Read More

Insurance claims prevention a low priority for Americans during the holidays

Julie Campbell
Holiday Mayhem - Thanksgiving turkey’s go up in smoke!

A new Allstate Holiday Home Hazards survey showed most people don’t take many precautions at this time of year. From Thanksgiving through the New Year, this hectic time of preparing for guests, decorating, cooking and entertaining (all on top of our everyday lives) brings about an increase in the number of insurance claims received from insurers. That said, a recent survey has shown that people don’t seem to be giving priority to taking precautions. A new poll released by Allstate has shown that once Thanksgiving dinner is done, 75 percent…

Read More

Insurance claims from Halloween vandalism are getting bigger

Julie Campbell
halloween homeowners insurance claims

Statistics have been revealing that claims from damage on that day are adding up to millions of dollars. Despite the fact that Halloween is usually celebrated through fun and costumes, the rising number of insurance claims being filed every year have shown that it is also a time that a smaller number of people decide to take part in vandalism. This, according to the statistics that were released by the Property Casualty Insurers Association of America. Statistics have revealed that there are more insurance claims for vandalized property filed following…

Read More

Insurance industry tips to keep auto costs down

Julie Campbell
mechanic auto insurance industry maintenance

There are many things that a driver can do to lower the risk of making a claim through basic maintenance. Owning a car isn’t cheap, but the insurance industry has pointed out that there are a number of ways that the costs associated with vehicle ownership can be kept down to a more affordable level, as long as a bit of basic maintenance is kept up. Many types of DIY activity can help a vehicle to run better and cheaper and lowers the risk of a collision. As the insurance…

Read More

Insurance news reports suggest $1-$1.5 billion in losses from Tianjin explosions

Julie Campbell
Tianjin explosion

These reports are based on the blasts that have rocked the Chinese port city and surrounding area. The two sets of explosions that devastated Tianjin, the Chinese port city, and that killed over 100 people, so far, are now making insurance news again as initial estimates are being released that indicated that covered losses will be anywhere from $1 to $1.5 billion. This initial estimate was released by Credit Suisse, based on early media reports from China. Tianjin is no small port. It is the third largest port on the…

Read More