Top Christmas homeowners insurance claims identified as a caution to consumers

Christmas homeowners insurance claims - House decorated for christmas

Policyholders are advised to learn from the mistakes of others so they won’t be repeated. Insurers are releasing their lists of top Christmas homeowners insurance claims from previous years. This is meant to be useful information for policyholders who want to make sure they have a claim-free Christmas this year. The combination of decorations, cooking and drinking can all pose a range of preventable risks. Insurance companies are hopeful that by educating consumers about the risks, it will help them to make better choices and prevent disaster. In this way,…

Read More

Allstate wildfire losses from November in California reached $685 million

Allstate Wildfire Losses - Fire in forest

The insurance company has announced its November 2018 catastrophe loss estimate including fires. Allstate wildfire losses were recently announced for the month of November 2018. The insurance company estimated its catastrophe losses to be $685 million, at 679 million pre-tax, or $541 million after tax. The Allstate catastrophe losses included another $6 million in unfavorable reserve reestimtates. Initially, the Allstate wildfire losses were estimated to have been $202 million pre-tax, or $160 million after-tax for the month of October 2018. That said, the ongoing fires brought the October and November…

Read More

Top Snowmobile Season Preparedness Tips to Avoid Insurance Claims

Snowmobile Season - Snowmobile

Riders are eager to get on their favorite winter recreational vehicles, but a bit of care is needed. Early snow this year has already made it possible for certain parts of the country to start thinking about snowmobile season. It won’t be long before snowmobilers hit the trails. To be ready as soon as it’s possible to head out, it’s a good idea to prepare in advance. Heading out for snowmobile season isn’t just a matter of getting the machines out of storage and hitting the trails. Certain preparations need…

Read More

Top tips to avoid winter holiday season home insurance claims

Winter holiday season - Christmas tree and Christmas decorations

This season is filled to the brim with festivities, but these celebrations also come with certain risks. The winter holiday season is already well underway. Friends and family gather together for parties, meals and other celebrations. All this extra food, cooking and people can pose some potential risks at home that could lead to homeowners insurance claims unless you take the right precautions. Understanding the risks is the first step to making sure you’ll take the right steps to prevent hazards. Understanding the risks associated with the winter holiday season…

Read More

Thanksgiving safety tips to help you prevent an insurance claim

Thanksgiving safety tips - Dining Room

A few common sense changes can be all it takes to make sure your family and celebration is joyous. This year, one of the things you may be giving thanks for is the right set of Thanksgiving safety tips to keep your family and home protected. By following a few little common sense rules, you can prevent danger, damage and the need to file an insurance claim. During the holidays, the kitchen is the heart of your home, so keep it safe and healthy this year. Thanksgiving safety tips are…

Read More

Auto insurance claims satisfaction is higher than ever before

healthcare statistics

A new J.D. Power study showed there is still a struggle in getting customers to report over digital channels. Auto insurance claims satisfaction has hit an all time high, according to the outcomes of a new J.D. Power study. That said, insurance companies are still finding it challenging to get their customers to use digital claims reporting tools and products. The nature of claims has been undergoing an important change, but insurers appear to be keeping up. “These findings are noteworthy in light of claim severity outpacing the decline in…

Read More

Halloween insurance claims always rise, often more than any other day

Halloween insurance claims - Jack-O-Lantern

As much as trick-or-treating may be fun, it can also lead to some of the costliest claims to insurers. Insurers are gearing up for another holiday of Halloween insurance claims, as is the case every year. As fun as this day may be for kids of all ages, homeowners and car owners often face some of their worst outcomes. Data shows that home and auto theft and vandalism claims are consistently high on Halloween. Therefore, insurers always encourage homeowners and car owners to review their policies before Halloween insurance claims…

Read More