INSURANCE BLOG

— To answer that, you must first understand what insurance does and how insurance companies function as a business. — The premiums you pay insurers are used to pay claims and operating expenses of the company. The amount of money a company pays for every dollar of premium earned is called the loss…

On the morning of Jan. 17, 1994, a 6.7 magnitude earthquake centered in Northridge hit the Los Angeles area, collapsing several buildings, destroying stretches of freeways, and sparking several fires in the area. At final count, the quake resulted in at least 57 deaths and rendered about 125,000…

Face it, most people think of condo insurance as little more than a renter’s policy with some extra coverages here and there. The reality is that a properly written condo policy does so much more. — Okay, we know condo coverage insures your contents, just like a renter’s policy, but what about your…

So now your student is away at school. Will he or she have a vehicle with them? Even if they do not have a policy vehicle with them, your student may have an opportunity to drive a friend’s car. (You know, that friend that was too drunk to drive home)! If not already listed on your auto policy,…

As we get to that time of the year where your child is heading back to school, many of you have children that will be living away from home, either in a dorm or student apartments. We often get questions about what coverage does your child have for the possessions he or she take with them to school…

According to J.D. Powers and Associates 2011 U.S. National Auto Insurance Study, 58% of customers bundle their home and auto policies. When other types of insurance are included, the percentage of customers bundling jumps to 77%. — One of the best ways to save money on your auto and home insurance…