The insurer’s research showed that its Drivewise app customers are safer behind the wheel The Allstate auto insurance Drivewise app is no longer anything new, and customers across America are using it to help ensure that the premiums they pay are based on their habits, in the hopes of saving money. According to the insurer, those drivers are also safer drivers The insurer provides its customers with the choice to opt in to use its auto insurance app, which offers safe driving support and tracks general vehicle use behaviors. Allstate…
Read MoreState Farm shares affordable wildfire protection tips for home insurance customers
The blazes have become more frequent in recent years and are leading to substantial damage. May is Wildfire Preparedness Month, and in the spirit of this time before the blazes typically start for the year, State Farm has provided homeowners with ways they can help to protect their homes and properties within a limited budget. In 2023, 2.6 million acres were burned by 56,000 wildfires in the US alone Last year, over 4,300 homes and commercial structures were destroyed by wildfires in the US, according to data released by the…
Read MoreThis year to be a period of auto insurance rate increases
After years of rising price trends in much of the country, 2024 is likely to continue the trend The price of everything appears to be continuing to rise, and many experts predict that auto insurance rates will be among those increasing prices consumers must face. Coverage since the pandemic has steadily become more expensive The cost of auto insurance depends on several factors, including everything from an individual’s driving record to the type of vehicle they drive, and a number of other elements depending on the state in which they…
Read MoreAllstate’s One Step Forward Two Steps Back in California Home Insurance Market
In a move that has sent waves across the California home insurance market, Allstate, one of the nation’s leading insurance providers, has hinted at a conditional return to the state’s insurance landscape. This announcement comes amidst a backdrop of increasing challenges faced by homeowners and insurance companies alike, primarily due to the escalating risks of wildfires and other natural catastrophes. How Allstate’s Conditional Return Could Reshape California’s Home Insurance Market Allstate’s potential policy changes signify a critical juncture for California’s home insurance market. The insurer’s reliance on catastrophic modeling to…
Read MoreHawaii residents rush to obtain newly required boat insurance
The state now requires a new level of coverage, but boaters say it’s impossible to get The state of Hawaii has announced a new rule it wants boaters in the state to follow regarding their boat insurance coverage, but many people are saying that despite their best attempts, it’s not possible to comply. Coverage is required in order to use any of the state’s harbors However, the new regulation would have boaters purchasing $100,000 in boat insurance coverage for salvaging a vessel that has run aground. This is the case…
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