State Farm boat insurance claims frequently involve small objects

Boat insurance - Boat on water

Striking things under the surface of the water are leading to a rising amount of damage. State Farm recently released boat insurance data showing that striking floating or submerged objects are the leading cause of claims for the last five years. The insurer also released recommendations to help watercraft owners to avoid costly damage. While boat insurance is vital to have in case damage happens, what’s even better than having adequate coverage is not having to make a claim in the first place. State Farm is hoping that watercraft owners…

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Why Does An Accident Affect My Insurance If I’m Not At Fault?

Having a car accident is a difficult experience for anyone, no matter how it turns out. We would all love to make a deal that guaranteed we would never get into an accident. However, the best we can do is car insurance, so that we are not left in financial straits due to a collision. Insurance is important for everyone who drives, but only third-party insurance is legally required. Nonetheless, if you have a car accident and you don’t have auto insurance you will certainly regret it. The best case…

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State Farm wrote the most auto insurance premiums in the US, says NAIC

Auto insurance premiums - car insurance

The National Association of Insurance Commissioners ranked the insurer in the top spot for 2021. According to the National Association of Insurance Commissioners (NAIC), State Farm took the top spot among auto insurance companies in terms of its written private passenger vehicle policy premiums. This ranking was released in the most recent NAIC Property/Casualty Market Share report. NAIC released its market share data for 2021 in the report, including nationwide direct written premiums for the largest 25 companies and groups as reported on the annual financial statement state page that…

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New Jersey food delivery drivers may soon need more liability insurance

Liability insurance - Uber Eats

A bill has been advanced in the state, which would up the minimum coverage limits. Lawmakers in New Jersey have advanced a bill that would change the minimum liability insurance requirements for food delivery drivers. Insurers and lawmakers alike have both cautioned that these new limits may be too high. The Liability insurance bill was sponsored by Senate President Nicholas Scutari (D-Union). It would require drivers for various food delivery companies such as Uber Eats, DoorDash and Grubhub to have to carry a minimum of as much as $1.5 million…

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How Can a Lawyer Help You If You’re Out of Town?

insurance news travel

What can you do if you are out of town and get into legal trouble? The answer is simple: call a lawyer. Even if you are not in your home state, lawyers like a criminal attorney in Tampa can help you. This blog post will discuss how a lawyer can help you if you are out of town. We will also talk about the different types of lawyers who can assist you and do for you. So whether you are on vacation and get arrested or need some legal advice, don’t…

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5 Types of Insurance and Why You May Need Them

Life has a way of throwing the unexpected at you at the worst possible time. This is where insurance comes in. When you’re paying your premiums, you may wonder sometimes whether it’s worthwhile, but when those emergencies happen, it all becomes worthwhile. The rest of the time, simply having the right policy can be important for your peace of mind. Below are a few of the types you may want to consider. Treatment Abroad Everyone knows that you need health insurance, but this can still mean high medical costs. For…

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5 Tips To Help You Find A Good Car Insurance Plan In 2022

Buying a car insurance plan has become necessary in some places of the world. You might not be able to drive your car if you don’t have an appropriate insurance plan.  But remember that if you are looking for a car insurance plan, you have to ensure that you gather proper details. Picking an insurance plan randomly won’t do any good to you.  How can you ensure that you pick the right insurance plan if you have no prior experience of working with car insurance providers? Keep reading this article…

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