CBS News goes in on Allstate Insurance for underinsuring Californian homeowners after their homes burned up in the recent California fires.
In our humble opinion, CBS was a little too harsh on Allstate because it’s really not their fault. Shouldn’t it be up to the homeowners to know how much liability they were covered for? This really means homeowners under insured, not Allstate.
The only thing Allstate should do is train their agents and brokers to alert customers to the dangers of underinsuring. Remember to always read your policy documents!
Geico changed the insurance game by putting out entertaining and most of all, memorable spots about a group of cavemen protesting Geico’s tag line, “So easy even a cavemen can do it”. Now only if their marketing department could put together a collabo between that talking gecko and the cavemen and other insurance companies might as well turn the lights off and go home.
According to the Boston Globe, AIG will be entering the now de-regulated Massachusetts insurance market. AIG will be offering drivers from Massachusetts insurance products from their personal auto insurance line. Continue Reading »
What is Gap Insurance ?
Gap insurance is for drivers who have a vehicle that they are currently financing or are leasing. It’s purpose is to cover the difference between the actual cash value of your vehicle due to depreciation and what you owe on the car. Gap coverage kicks in when your vehicle is involved in a total loss in which it is either outright stolen or involved in an accident, so severe, it is not worth repairing. Continue Reading »
Jacob Carter has worked in the insurance industry for over 10 years, in which he has earned his CIC designation -making him a recognized insurance professional.
He has held numerous positions from personal lines automobile underwriter to commercial lines claims adjuster. His love of insurance began early on when during his university years an economic professor gave a lecture on the importance of insurance in today’s society. The professors main point was that without insurance the modern world would have failed to industrialize because without the backing of insurance on major construction projects such as railways, roads and new technologies investors would have been wary to provide financial backing.
Today he currently works at a major insurance company as a senior field adjuster. He has been a regular contributor to Get-InsuranceQuotes.com since 2007.
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It's hard to trust other sites when they are owned by an insurance company, why would they give me a higher price than their competition? You guys provided me with an unbiased quote and I appreciate that. I also received a really good price too. Thank you.
