Geico is one of many auto carriers embracing telematics to monitor drivers for auto insurance premiums and offer discounts for good habits.
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Many insurers have been collecting driving telematics data on their customers for years. This data is then used to assign a driving score to the driver, which informs the rate these drivers pay for their auto insurance premiums. State Farm is looking to innovate on this concept by introducing real-time telematics data. How Do Insurers […]
Continue Reading...The warmer months have finally arrive, and with them a fresh new flood season. Depending on where you live, flooding may be a very real, and very dangerous part of your everyday life. While we can’t yet control the weather, we can make sure we are prepared for whatever mother nature throws our way. To […]
Continue Reading...People who rent their homes often wonder, do I need renters insurance with pet coverage? Short answer? Yes, you do. Read more to know why.
Continue Reading...Businesses are facing a new cyber threat no one had even thought of ten years ago. Naturally, cyber security is the best example of that. The phrase “cyber security” encompasses a whole host of issues. So, what’s the latest one that business owners should be aware of? Sextortion. What is the New Threat? Sextortion is […]
Continue Reading...The insurance industry is harnessing data for many different reasons, but one of the most helpful uses for AI will be in quote generation.
Continue Reading...Winter has finally come, and with it comes cold weather troubles. Homeowners are especially susceptible to winter’s harsh hazards that could lead to home damage and increased insurance claims. We compiled some of the most common claims during winter, and how to minimize your risk. What Are Common Winter Weather Insurance Claims? It’s no surprise […]
Continue Reading...Weather-related insurance claims are on the rise and almost unavoidable, and there are three things every homeowner should know about it.
Continue Reading...Unless you live in a major city with easy public transportation, like New York or Boston, you probably need a car to get around town. Buying a car can be a major expense, and there’s a lot to consider. Many people decide to lease a car, but a lot of people don’t fully understand what […]
Continue Reading...Drones have proven to be a multi-use technology that can benefit many industries, including insurance and accident investigation.
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