Despite the fact that claims are dropping, the industry is still charging these travelers more for coverage. Vacationers in their late 70s and their early 80s are now finding that travel insurance is costing them more than it once did – even more than people who have recently retired – even though the costs associated with covering those individuals on their holidays has been decreasing. Typically these insurance policies become more costly with age because of a rise in the risk of accidents and health problems. For that reason, when…
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Insurance claims pouring in with Arthur rains
The Atlantic coast of Canada was pummeled with heavy downpours and high winds from the post-tropical storm. The insurance claims are already beginning to be filed in waves that were nearly as heavy as those off the coast following the rampage from post-tropical storm Arthur as it made its way through the Canadian Maritimes. Agents are asking residents of the affected provinces to please be patient and review to their policy coverage. The majority of homeowners insurance policies do cover wind damage, which does not fall under the definition of…
Read MorePool safety is being stressed by Allstate to prevent drowning
The insurance company has published a number of tips for safely enjoying swimming throughout the summer. Allstate Insurance has recently released a list of tips to help to help to spread awareness about the right actions to take to encourage pool safety so that swimmers will be able to enjoy the water sport that they love while minimizing both their health and their legal risks. The tips that were assembled by Allstate were based on the U.S. Consumer Product Safety Commission (CPSC). With the goal of using pool safety tips…
Read MoreInsurance company provides communities with catastrophe preparedness education
The Allstate Foundation and Points of Light are taking a multi-city tour to help families to be ready. No matter how much we don’t like to think about them, disasters do happen, and the Allstate insurance company has taken part in a tour of several cities, as its foundation works along with Points of Light to provide communities with education about catastrophes and how they can prepare themselves in the event that they actually occur. As many disasters occur without any warning, it’s important for preparation to happen in advance.…
Read MoreAuto insurance claims drop with Honda collision warning system
Research has shown that this safety feature is making a difference in reducing filings on policies. The Honda Accord has just received a bit of a pat on the back from the auto insurance industry as new data has been released to show that its forward collision and lane departure warning system is helping to reduce the number of claims that are made in these luxury vehicles. This data has been released with an analysis that was conducted by the Highway Loss Data Institute (HLDI). The results of the HLDI…
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