300th School Partner Accelerates Growing Collegiate InsurTech Platform

InsurTech

GradGuardä adoption by campuses demonstrates momentum for innovative ways to reduce the cost of college through modern renters and tuition insurance programs.   GradGuard™ – a leading authority on protecting the investment in higher education, announced today at the annual National Association of College & University Business Officers – Student Financial Services Conference that with the additions of Creighton University, University of Pittsburgh, New Jersey Institute of Technology & Valdosta State University, GradGuard has surpassed the 300 school mark in 2019. According to John Fees, co-founder of GradGuard, “Our school partners are…

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Wells Fargo is leaving the California renters insurance market due to violations

California Renters Insurance - Wells Fargo Building

The financial services giant gave up its license in the state as a part of a wider settlement. Wells Fargo is no longer licensed to sell or broker California renters insurance for at least three years. The firm has given up its license for personal insurance in the state as a part of a settlement with California. The bank agreed to the settlement over allegations of signing unknowing customers up for policies. Aside from no longer being able to sell California renters insurance and life insurance coverage, the bank also…

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Homeowners insurance customers are more satisfied than ever, says J.D. Power

Home Insurance Customers - Home In hands

A new survey showed policyholders are happier than ever before with their home insurers. Satisfaction among homeowners insurance customers is higher than it has ever been before, according to a new J.D. Power survey. The “U.S. Home Insurance Study” results show the highest scores in the survey’s history. The results of the U.S. Home Insurance Study from J.D. Power were the highest ever. On a scale of 1,000 points, the 2018 study recorded an 818, among homeowners insurance customers. This represents an increase of 10 points over the 2017 results.…

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Open source insurance policy becomes Lemonade’s new way to stand out

Open source insurance - Lemonade - Lemons

This unique new form of coverage allows anyone to be able to edit the wording and design. AI-powered insurer, Lemonade, has launched a new open source insurance policy. This represents a first in the world. Lemonade is known for its innovative strategies and is often associated with world’s firsts. The policy is meant to be open to the “wisdom of the crowd” in its writing and creation. The insurance company has launched what it calls Policy 2.0, according to a Lemonade press release. The idea behind this new open source…

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Do you have Christmas present insurance in case the Grinch hits up your tree?

Grinch christmas present insurance

Insurance companies remind consumers that this is one of the biggest times of the year for home break-ins. Leading insurers across the United States, Canada, the United Kingdom, Australia and other countries around the world are issuing reminders to look into Christmas present insurance. Burglaries spike in November and December in countries where Christmas is celebrated by the majority. In fact, some estimates suggest that there is a 43 percent spike in break-ins during November and December as thieves try to get their hands on expensive gifts. This helps to…

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California wildfire victims worried that they can’t afford to go home

california wildfire victims angry frustrated

As the holidays approach, evacuees whose homes were burned are left with little more than uncertainty. Santa Rosa, California wildfire victims are facing a very uncertain future in the aftermath of the blaze. Evacuees whose homes are gone may not be able to afford to return to the same place they used to live. Rents have skyrocketed, with reports of apartments as expensive as $13,000 per month in Santa Rosa. Now, renters and homeowners alike are finding themselves to be common California wildfire victims who don’t know where they will…

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College dorm insurance season has arrived

college dorm insurance students

Parents and students alike are considering whether they need this additional coverage. College students are preparing to move out of their parents’ homes and dorm insurance is among the considerations many must face. Parents and students alike are looking into the potential risks that could cause a student’s electronics and other possessions to be damaged or stolen. These student residence policies typically cover laptops, mobile devices and other tech as well as other possessions. Many students enjoy the peace of mind offered by dorm insurance because it goes beyond covering…

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