Whether it is a business or an individual, laborious and exhausting insurance processes can make experiences extremely terrible and bitter. However, today’s empowered consumer is looking for a better customer experience, even in this complex world. Both individuals and small business owners are calling for a different kind of insurance experience. They want convenience and… Read more »
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5 Ways for a small business to reduce how much they spend on insurance
There are all kinds of small businesses. For instance, the monthly expenses for some small business insurance can be as low as $14 to $124. Clearly, not all of them need the same degree of protection or insurance coverage. Since many small businesses are unfamiliar with insurance jargon, they grow accustomed to purchasing cookie-cutter insurance… Read more »
5 Changes in the world of cars, driving, and auto insurance for 2024
The world of automobiles, driving, and auto insurance is fascinating at the best of times. It’s also more than a little confusing for a variety of reasons, including variations in premium costs and government regulations. Here are the five changes this space will see in 2024. Adoption of Electric vehicles While consumer demand is rising,… Read more »
Some musings about insurance in 2024
The insurance landscape in the US is changing because of new demands from consumers. From technological advancements to sustainable practices, US citizens are looking for plans that resonate with their priorities. Expenditures are increasing across categories, and innovative options are growing too. For example, from 2011 to 2020, the average expenditure for auto insurance increased… Read more »
Top 5 Things Likely To Occupy The Minds Of Small Business Owners In 2024
Small businesses make up about 99% of all businesses and contribute to about 40% of the American GDP. Clearly, the country supports small business owners. As they do, these businesses make profits and that, in turn, helps in boosting the economy. Given the stakes, small business owners will have to ensure that they prioritize some… Read more »
Four 2024 Trends Commercial Building Owners Should Know About!
According to a 2020 survey by U.S. Energy Information Administration, the number of commercial buildings increased by 6% in the last 8 years. In 2022, 115 billion US dollars were spent on commercial real estate construction, representing a significant rebound from the drop during the pandemic. Commercial buildings remained appealing for a variety of reasons…. Read more »
8 Reasons To Give Thanks For Insurance
Imagine going out to watch a Thanksgiving day game at a friend’s place and returning home to find some broken windows. Your mood drops from 100 to 10 in an instant. Or when your dog scares an elderly person on a stroll at the end of your driveway who falls and takes a hard blow…. Read more »
7 Ways in which your record and history can impact your auto insurance premium
Massachusetts first mandated auto insurance in 1926, and by 1970, approximately 48 states in the United States had mandated auto insurance for individuals and business owners. The mandates were enacted to protect the driver as well as those who get injured in an accident or get their property damaged. Accidents caused by careless driving have… Read more »
Why (and How) Small Business Owners Must Get Informed About Insurance
The small business owner community in the United States is large and widespread. Small businesses are big in the context of the nation’s economy. According to reports, between 1996 and 2020, small business employment in the United States increased by 15.9%, reaching around 61.6 million employees. This year, approximately 1.4 million new establishments opened and… Read more »
Insurance Considerations – Winter Special Edition
It gets cold across the Eastern Seaboard. It’s always been important to protect oneself from the approaching winter. And winter is costly too. Winter storms caused insured damage worth $6 billion in 2022, according to Insurance Information Institute reports. In storm situations, winter damage consists primarily of snowing, freezing, and flooding. Some of these conditions… Read more »