Live Insurance News

Florida home insurance prices heading as much as 60% higher

April 5, 2023April 4, 2023 G. Turner

Florida home insurance - Home - Price - Dollar Signs

As state lawmakers scramble to get the industry under control, consumers will be paying more. The Florida home insurance industry has been in a dire situation for some time now, and even as lawmakers implement strategies to help, the situation is only getting more expensive for the state’s property owners. Last year, state lawmakers held two special sessions to deal with the serious property coverage problems. According to many of those lawmakers, the Florida home insurance situation isn’t getting better, as the goal right now is to simply try to…

State Farm aims to raise California auto insurance rates by $264 million

April 4, 2023April 3, 2023 Live Insurance News

The insurer is now catching up to other companies in raising their rates to pre-pandemic levels. Drivers in California who have been enjoying lower auto insurance rates than they were paying before the pandemic are likely to be losing that price advantage in the near future. The insurer will be returning the premiums it charges back up from the lows they hit after 2020. As motorists have stopped sheltering in place and are back on the roads, and the majority of people who had been working remotely are now headed…

What Types Of Insurance are Needed for Cleaning Companies

March 31, 2023 Guest Author

insurance for cleaning companies and the coverages

Cleaning services come in all shapes and sizes— from solo entrepreneurs to small agencies with hired employees. No matter the type or the size of your business, your goal is the same: you want to provide top notch services with adequate coverage in case of any accidents. It’s a non-disputed fact that cleaning companies such as uniqueclean.ie provide important services, but it’s also crucial to build trust. Not only should your cleaning employees treat all clients with the utmost care and respect, but you should have their backs when it…

Tax Season Is Marketing Opportunity For Medicare Insurance Agents

March 30, 2023 Live Insurance News

April 15 is just around the corner and millions of seniors will be preparing their annual tax filings. For agents and brokers who focus on Medicare solutions, this is another ideal opportunity to solidify your role as the ‘go-to local Medicare professional’. The competition for Medicare business has never made it harder for independent insurance agents. Anyone taking the time to watch daytime television knows that one Medicare-focused commercial is almost immediately followed by another. You can’t beat the ability of these large entities to spend millions of dollars generating…

Insurance companies like State Farm say now is the time for spring maintenance

March 30, 2023March 29, 2023 John B.

Spring maintenance - Taking care of home

As the weather warms, and winter is left behind, homeowner have a few chores to complete. As tempting as it is to get outside and enjoy warmer spring weather, insurance companies are reminding homeowners that it’s best not to wait to complete spring maintenance tasks. State Farm has issued a reminder to customers including five tasks that are best to complete. In the spirit of reminding customers about spring maintenance and the importance of making sure the home is ready for the warmer months and everything that they come with,…

This auto insurance company was rated the top option by Consumer Reports

March 24, 2023March 24, 2023 Logan B.

The most recent survey identified a spectrum of new trends including the top four insurers. Consumer Reports has conducted two recent auto insurance surveys, one of which had a more limited sample, while the second had a notably more substantial number of participants. Each of the surveys looked into the way consumers feel and interact with their insurers. The first Consumer Reports survey was limited to its own subscribers, thought that is still a respectable figure higher than 40,000 people. The participants offered almost 50,000 responses on factors associated with…

Lawmakers consider raising FDIC deposit insurance cap after SVB collapse

March 22, 2023March 21, 2023 G. Turner

The Silicon Valley Bank collapse has some believing that $250,000 is not enough protection. Some lawmakers in the United States consider the Silicon Valley Bank collapse to be an eye-opening experience and are now tinkering with the idea of raising the Federal Deposit Insurance Corporation’s coverage cap of $250,000 in case of another catastrophic bank failure in the future. Raising the FDIC cap would provide greater protection to the customers of a failed bank. “I think that lifting the FDIC insurance cap is a good move,” said Senator Elizabeth Warren…