Search and rescue insurance launches in Utah for outdoors enthusiasts

hiking utah search and rescue insurance

Recreationists residing in the state can pay a small fee to waive potential costs if a hike goes wrong. Utah officials announced the launch of a new search and rescue insurance product available to nature enthusiasts and campers. The fee is extremely affordable and would mean that policyholders wouldn’t need to pay expensive costs for search and rescue if a hike or camping adventure goes awry. The annual premium for this S and R insurance policy will be a highly affordable $25 for anyone who wants it. That said, entire…

Read More

Food truck insurance now available in Utah

food truck insurance

Farmers Insurance has launched this new coverage within the state, providing a first for that company. Farmers Insurance has announced the launch of a new food truck insurance coverage. This will provide protection to that type of vehicle and will be available in Utah. It marks the first time the company has stepped into the mobile restaurant coverage business. The food truck marketplace is growing rapidly larger, presenting a considerable opportunity for insurance companies. By way of the new food truck insurance offering, Farmers has started to sell to licensed…

Read More

Utah insurance co-op closure leaves $33 million in unpaid claims

Salt Lake City capital Utah insurance co-op

The nonprofit cooperative has now collapsed and has left hospitals without millions in payments. Arches Mutual Insurance Co, a nonprofit Utah insurance co-op, has now collapsed. As a result, there are millions of dollars worth of unpaid claims. This could leave hospitals without a massive number of payments. The Utah Department of Insurance said the not for profit cooperative will likely not pay its debts until next year. Despite the fact that Arches Mutual Insurance still owes hospitals $33 million, this debt won’t be paid soon. The Utah Department Insurance…

Read More

Number of people without health insurance continues to fall in Utah

Utah flag health insurance

Utah’s uninsured population continues to dwindle thanks to new options and a recovering economy The number of uninsured people in Utah is falling. An improving economic climate and the growing availability of health insurance options means that more people are finding ways to obtain the coverage that they need. The Utah Department of Health has released a report that marks the decline of the uninsured population. Over the past year, more people have purchased or received insurance coverage from the state’s new exchange or from its expanded Medicaid program. Nearly…

Read More

Privilege of Buying Medicare Supplement Plans at Lower Rates in Utah

Medicare Enrollment 2011

Utah is one of the few states in the country where you get Medicare supplement plans at much lower costs. There are many reasons why the Medicare plans are less expensive in the states like Utah, Colorado and Nevada even though they have big cities like Salt Lake City, Denver and Las Vegas, in them. One of the most prominent reasons is that these states are healthier states. When you compare the Medicare supplement plans in Utah with other states you will see that they are less expensive. There are…

Read More

Health insurance exchange plans in Utah withdrawn

Utah flag health insurance

Utah pulls back on plans for health insurance exchange The Utah government has decided to back away from its plans concerning a health insurance exchange. Late last year, the state announced that it would work to make its existing health insurance exchange, called Avenue H, compliant with federal standards outlined in the Affordable Care Act. Avenue H is seven years old and has been offering health insurance policies to consumers throughout the state. The initiatives to make the health insurance exchange compliant with federal standards has been withdrawn by Governor…

Read More

Homeowners insurance in California to see lower rates for some customers

Homeowners Insurance

AAA has announced that some of its policyholders will see decreases of 9.3 percent. California Insurance Commissioner Dave Jones has announced that many homeowners insurance customers will be experiencing a notable lowering of their rates. This applies to many of the policyholders of AAA Northern California, Nevada and Utah Insurance Exchange. The reduction will be an average of 9.3 percent. It is likely to be greatly appreciated by homeowners insurance customers, particularly at a time when increases are being experienced throughout the country. The decrease is breaking with a number…

Read More

Utah Senate approves health insurance mandate for public and higher education employees

The Utah Senate has granted approval for a new legislation that would require the state to follow the same health insurance mandates imposed on the private sector. The bill will have a significant effect on health insurance for public and higher education departments. When the bill is signed into law, these departments will have their insurance programs funded by the state government. Legislators have been promising to include these departments into funding plans for several years, but have been slow to do so. The bill still needs to make its…

Read More