Insurance industry offers advice for coping with winter storms

insurance industry winter snow ice

The mega-storm that occurred this weekend came as a hard reminder to be prepared for the weather. The winter storm that walloped the East Coast, last weekend, came as a brutal reminder of the importance of being prepared for dramatic weather at this time of year and the insurance industry is continuing to remind people of the importance of following the right safety tips. There are ways to give yourself and your family the best possible chance of safely riding out a winter storm. Aside from stocking up on food,…

Read More

Insurance Information Institute reveals winter-related payouts from 2015

homeowners insurance information institute winter snow ice

American insurers paid policyholders $2.9 billion for damage related to winter weather. The Insurance Information Institute (I.I.I.) has released its data with regards to the payments made by insurers in the United States for claims relating to winter weather, and what they’ve said is that those payouts reached a total of about $2.9 billion, last year. That said, despite those winter-related payments, the I.I.I. says insurance companies are still financially strong. Despite the payments the insurers faced in the U.S., the Insurance Information Institute explained that those companies will still…

Read More

Insurance companies and drivers both benefit potholes are avoided

Allstate Insurance company

In that light, Allstate has published a line of tips to help policyholders to circumvent vehicle damage. In many areas of the country, this has been one of the worst winters in recent memory, and as warmer temperatures finally start to look as though they are coming back, insurance companies, such as Allstate, have been providing drivers with reminders of the various ways in which they can avoid damage from the inevitable development of potholes on the roads. As though the ice and blowing snow weren’t enough this year, drivers…

Read More

Snow Driving: Six Tips for Staying Safe on the Road

It’s that time of the year again, when snow storms can blanket roadways in inches of white powder. For motorists, there are several important tips to stay safe during these times when roads are snow covered. In most situations when snow is falling, the absolute best course of action is to remain off the roads. However, this is obviously not possible all the time so these tips below should serve as some guideposts to help drivers stay as safe as possible during treacherous weather. Tires Having the right tires on…

Read More