Can red light cameras save on your life…and insurance premiums?

red light cameras auto insurance

A new study by the Insurance Institute for Highway Safety shows these devices reduce fatalities. There aren’t a lot of vocal fans in favor of red light cameras. However, according to a new study published by the Insurance Institute for Highway Safety (IIHS), these controversial gadgets may be more useful than we think. The study revealed that these stoplight cameras do, in fact, save lives when they are installed at intersections. Moreover, the IIHS research also pointed out that when cities remove red light cameras, accidents at those intersections rose…

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Free Pokemon Go insurance available from Sberbank

pokemon go insurance

The largest bank in Russia is now offering free coverage for people who experience an injury from playing. Sberbank, Russia’s biggest bank, is now offering free Pokemon Go insurance to its customers. The insurance policy will protect policyholders for claims up to 50,000 rubles (approximately $800) in the event of injury during play. Pokemon Go injuries are becoming increasingly common as people move about while distracted. As silly as this offering may sound, the large number of reported injuries shows it could have a purpose. The Pokemon Go insurance provides…

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West Virginia flood insurance rare despite increased risk

West virginia Flood Insurance Coverage

The vast majority of homeowners don’t have coverage against the most expensive type of natural disaster. West Virginia flood insurance has yet to become commonplace in that market. That is problematic when taking into account the fact that flooding is the fastest growing form of natural disaster. Moreover, it is also the most costly form of natural disaster in the state. In the majority of West Virginia counties, not even one percent of households have this insurance coverage. Not even a month after deadly flooding struck a great deal of…

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American boat insurance now available for travelers to Cuba

american boat insurance

The United States has now approved a coverage for craft traveling into Cuban waters. American boat insurance is now available to boaters traveling from the United States into Cuban waters. Marine insurance company, Pantaenius, will be offering policies for this situation. This may reduce a considerable barrier to Cuban travel for the purposes of cruising and fishing. While the embargo for travel to Cuba was lifted nearly a year ago, hull insurance had yet to be allowed. When the embargo was lifted, U.S. citizens with a legal reason to travel…

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103K Minnesota health insurance customers need new coverage for 2017

Minnesota Health Insurance Trump Administration Lawsuit

Blue Cross and Blue Shield of Minnesota is stepping out of the state’s insurance exchange next year. Over 103,000 Minnesota health insurance customers are losing their coverage at the end of this year. This means that they will need to find a new health plan to protect them against medical expenses in 2017. Blue Cross and Blue Shield of Minnesota has announced its departure from the state’s insurance exchange. It is for that reason that so many individuals and families will need to scramble for new coverage in 2017. The…

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