The holiday season comes with many common risks and insurers are hoping policyholders will avoid them. Insurance companies see a spike in homeowners insurance claims throughout the month of December every year, but this year, they’re hoping to give a heads up to policyholders to save money for everyone. The more claims are filed, the more expensive it is to provide coverage and rates may rise. Claims are expensive not only for insurance companies but also for policyholders when they occur regularly enough. After all, the more expensive it is…
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The top homeowners insurance mistakes policyholders make
This coverage can be complicated, resulting in errors frequently made while filing claims. Homeowners insurance mistakes are more common than many policyholders may think. Unfortunately, when errors are made during the claims process, the result can be quite expensive. Policyholders are advised to review their coverage annually and when large changes occur. Beyond making sure they have the right coverage in place, it’s also important to understand the claims process. This helps to avoid some of the most common and potentially expensive homeowners insurance mistakes. As climate change brings an…
Read MoreHomeowners insurer to cover gift card insurance at no extra cost
Consumers want to support local businesses by buying these certificates but are afraid the businesses won’t reopen. Erie Insurance has announced that its homeowners policyholders will receive gift card insurance coverage at no additional cost. These certificates allow consumers to pay now for purchases they will make at a later date. This additional protection has arrived at a time in which people are looking to buy the certificates from their favorite restaurants and businesses that have had to shut their doors due to the coronavirus pandemic. However, consumers are hesitant…
Read MoreAllstate coronavirus assistance announced for employees and customers alike
The insurer has released its plans for supporting its workers and policyholders during the pandemic. An updated Allstate coronavirus support strategy has been released by the insurer. This reflects the company’s efforts to help both its employees and its policyholders throughout the COVID-19 state of emergency. The insurance company had already announced that it will cover personal vehicles for essential deliveries. Part of the Allstate coronavirus support already announced was that it would extend its auto insurance coverage. Typically, anyone using their personal vehicles for commercial purposes – such as…
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