Author: Chris Gonzalez

The Good Driver’s Guide to Auto Insurance

The average expenditure on auto insurance has been rising for almost a decade now. On average, the liability premium grew by 30% from 2014 to 2018. The incurred losses due to car accidents were over $96.8 billion in 2017. The number would be even higher now, considering the inflation and the number of accidents. The larger chunks… Read more »

How Commercial and Personal Auto Insurance Are Very Different

Before buying an insurance policy for your vehicle, it is crucial to know the difference between how commercial and personal auto insurance works. Depending on the purpose for which the vehicle is going to be used, owners should select auto insurance.  Both insurance policies have different criteria regarding coverage, claims, premium, payout, and more. Let’s… Read more »

Summer Series – Will We See a Searing Season of Wildfires and What Does That Mean for Insurance?

Wildfires in the US are currently a massive concern for citizens and government agencies alike. They are triggered by both natural means and human activities, leading to considerable losses. According to a report, 85% of wildland fires are caused by humans, with burning debris, unattended campfires, equipment malfunction, etc., among the top reasons.  Besides these, unplanned forest… Read more »

Summer Series – Does Inflation Hit Your Insurance Premium?

At the time of writing, the inflation rate in the US is at 9.1%, per data released by the US Labor Department. To that end, a lot can change with insurance needs in a year, especially with inflation, where the cost of everything from products to services increases. Therefore, it’s essential for every insured personnel and… Read more »

A Quick Look at Travel Insurance Needs and Trends

Over 80% of Americans lost money due to trip cancellations during the pandemic. Naturally, Covid-induced uncertainties have bolstered the case for travel insurance which is witnessing a boom, with over 50% or more travelers readily accepting this travel essentiality.  So, what exactly has changed? With travel being so tricky, travelers are now more vigilant about their plans… Read more »

Summer Series – Does It Get Hot in the World of Insurance?

The heatwave data released by National Oceanic and Atmospheric Administration (NOAA) in 2021 reveals how the number of heatwaves in the US increased from “two” per year in the 1960s to “six” per year in the 2010s.  In recent years, record-breaking heatwaves have been reported in the country. Regrettably, many of them have been overlooked because of… Read more »

Connected Insurance and Other Tech-Driven Insurance Trends for the Curious-Minded

Digitalization has turned common practices on their head. People now prefer fast and instant solutions to their complex issues. Even in insurance, consumers today are more conscious about their choices and prefer to inform themselves through digitalized services and optimized interactions.  This explains why and how murmurs of connected insurance have come to the fore…. Read more »

Understanding NY State’s Disability Insurance rules

Being seriously ill or injured during work can be emotionally and financially taxing. Some time off from work is a must in such cases. Many professionals in New York do not usually receive any long-term paid time off.  For that reason, the State of New York’s Temporary Disability Insurance (TDI) program enables regular payments to… Read more »

Things To Check in Your Home Insurance as Summer Approaches

Summer is for fun and family, for vacation, rejuvenation and to be away from the hustle and bustle of daily life. Families are out on vacation, and several homes are left unattended without any notable supervision. And while there are risks of thefts and trespassers, the scorching heat also threatens homes.  High temperatures can cause… Read more »

Some Insurance Considerations for Homes on the Beach

Home insurance is nothing short of essential. In the US, it has become a mandate, not by law but due to multiple factors — natural or otherwise. The tenants are required to have insurance, while owners get home insurance policies on their part to protect their properties against unforeseen circumstances. Cut to the special scenario… Read more »