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US Dog-Related Injury Claims Hit $1.12 Billion in 2023

US insurers paid out $1.12 billion in dog-related injury claims in 2023 according to the Insurance Information Institute (Triple-I) and State Farm. The number of dog bite and related injury claims was 19,062 in 2023, an increase of more than 8% from 2022 and a 110% increase over the past decade, with the total cost of claims at $1.12 billion, reported Janet Ruiz, director of...

AUTO INSURANCE ADD-ONS: EXPLORING ADDITIONAL COVERAGE OPTIONS

When it comes to auto insurance, there are essential coverage options to protect you and your vehicle. However, you can also enhance your policy with additional add-ons that provide extra layers of protection and peace of mind. In this blog post, we will delve into the various add-ons and additional coverage options available for auto insurance. From roadside assistance to rental car coverage, we'll explore...

WE STAND WITH ISRAEL!

This past weekend’s attack on Israel and its people and the resulting war and bloodshed are an enormous tragedy. We join the US government and global community in condemning the horrific attacks on Israel by Hamas and stand in solidarity with the Israeli people. If you would like to donate in support of Israeli soldiers as well as families of the wounded and dead, please...

commercial auto insurance rates keep going up due to outrageous jury awards and inflation

According to Business Insurance magazine the commercial auto insurance sector has been fighting a decade-long, uphill battle — achieving underwriting profitability only once in the past 10 years despite consistent rate hikes — and pressures on buyers and insurers show little sign of waning. Rising repair and replacement costs have led to higher physical damage claims, but sources say liability losses, driven in large part...

What Are Insurance Premiums, Insurance Deductibles and Policy Limits? Our Experts Explain

Welcome to the right place to learn everything you need to know about insurance premiums, insurance deductibles and limits! Let’s get right to it. What is an insurance premium? Your insurance premium is what you pay monthly, quarterly, semi-annually or annually, depending on the billing option you selected, for your insurance policy. People sometimes call this their “rate.” If you shop for insurance online and...