Tag: Insurance Transparency

New York Implements Opt-In System for Spousal Liability Coverage

Angela Linders
Spousal Liability Coverage discussed with an agent

New York has made a notable change to its automobile insurance policies, now requiring most policyholders to choose actively if they want supplemental spousal liability (SSL) coverage. This adjustment aims to refine insurance practices while resolving issues tied to automatic coverage enrollment. Exploring Supplemental Spousal Liability Coverage Supplemental Spousal Liability offers crucial additional protection, catering to claims made by a policyholder’s spouse following an accident. This coverage is particularly significant when an injured spouse seeks compensation due to the other spouse’s driving negligence. By opting into SSL coverage, policyholders can…

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Top Insurance Companies: Unpacking Auto Insurance Claims Criticisms

John B.
claims adjuster examining car

Top Performers in Auto Claims Handling Amica leads in auto insurance claims handling, securing the top spot in J.D. Power’s 2023 Auto Claims Satisfaction Study with 909 out of 1,000 points. Customers praise Amica for quick and efficient claims processing and excellent customer service. Erie Insurance ranks second with a score of 902. Customers highlight the insurer’s professionalism and fast claims process. Erie offers a unique benefit: Coverage for pets injured in accidents Up to $500 per pet $1,000 per accident State Farm stands out for its user-friendly online claims…

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Consumer Watchdog Demands Public Hearing on State Farm’s Proposed 30% Rate Hike

H. Cutner
Consumer Watchdog - Public hearing - California Flag - Insurance rate hike

Consumer Watchdog Digging for Dirt in State Farm’s Backyard Consumer advocacy group Consumer Watchdog has called on California Insurance Commissioner Ricardo Lara to convene a public hearing regarding State Farm’s proposed 30% hike in homeowners’ insurance rates. The group contends that the proposed increase is intended to enhance the insurer’s financial stability rather than address anticipated claims, potentially resulting in a $5.2 billion burden on consumers. Concerns Over Financial Burden Consumer Watchdog’s petition, filed under Proposition 103, mandates a public hearing on rate increases when requested by the public. The…

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