When Does Car Insurance Go Down? Because young drivers – especially teens – pose a higher risk for getting into accidents than other age groups, their insurance rates are higher. But what age does car insurance go down? The cost of insurance tends to go down around...
COVID-19’s Impact On Your Car Insurance
With many states on lockdown and people across the country avoiding travel and gatherings, countless car owners are driving a lot less. If your driving habits have been significantly impacted, you may be wondering if you should make any changes to your car insurance...
AARP CORONAVIRUS SCAM WARNING
I am a volunteer for the AARP Fraud Watch Program. AARP recently issued the following warning: Scammers look to capitalize on the news of the moment, especially if the headlines can instill fear and motivate people to act. The ongoing outbreak of coronavirus is no...
Working from Home: The Privacy Risks You May Not Be Aware Of
For many in the United States and elsewhere, we are entering week two (or more) of mandatory or recommended work from home. That means in many instances parts of apartments, condos and houses have been transformed into places of work. That dining room table with the...
Update On Corona Virus Scams
As cities and states work on slowing the spread of the coronavirus by limiting where people can go, hackers are already prepped and eager to target unsuspecting and stressed-out victims. Cyber criminals prey on vulnerable people as they seek out information and data...
How Policyholders Can Recover Their Car Insurance Deductibles from At-Fault Drivers
Insured drivers that were involved in car accidents, but they were not at fault, will need to pay the deductibles in order to have access to their collision coverage and pay for their cars to be repaired. Many drivers are wondering how they are going to recover their...
Business Interruption Claims
Under all of the most common insurance policy forms, business interruption coverage is only triggered if the business interruption results from “direct physical loss or damage” (e.g. hurricane or fire). Business interruptions caused by contagious or communicable...
As Drivers Stay Home, Insurance Companies Should Cut Rates
State insurance regulators should direct insurance companies to offer customers premium offset payments to reflect the immediate reduction in expected insurance claims as a result of COVID-19 restrictions keeping drivers off the road, the Consumer Federation of...
The Cybersecurity Threat of COVID-19
As people across the world react to the rapid spread of COVID-19, a new threat is emerging; individuals and employers face a risk from hackers trying to take advantage of the demand for information. Hackers have begun using fake government reports, health fact sheets,...
What is Full Insurance Coverage
Full coverage car insurance is not a special policy type but rather a term that usually means a policy with liability, collision and comprehensive coverage. Liability insurance: For accidents that you’re at fault, liability insurance covers the cost of the other...