Quick Summary This article explains how the insurance claims payment process works after a disaster, including why the initial payment is usually an advance and not the final amount. It details the possibility of receiving multiple checks for different types…
Quick Summary Georgia is facing a challenging litigation environment that harms small businesses by encouraging costly and frivolous lawsuits, driving up insurance premiums, and causing insurers to leave the state. Governor Brian Kemp and state leaders are advocating for tort…
Quick Summary Georgia ranks 47th in auto insurance affordability, with costs rising significantly faster than the national average since 2014. Key factors driving higher expenses include increased injury claims, a high number of underinsured motorists, and growing claim litigation influenced…
Quick Summary This article guides readers through essential considerations before renting a car for summer travel, including selecting the right vehicle based on trip type and passenger needs, understanding various rental insurance options, and leveraging credit card coverage. It helps…
Quick Summary Car insurance costs do not always decrease as a vehicle ages because repair costs, accident risks, and medical coverage expenses can offset the car’s depreciation. Factors like outdated safety features, theft risk, and the driver’s insurance history also…
Quick Summary Reinsurance significantly influences the property and casualty insurance market by allowing insurers to transfer risk, enhance financial stability, and expand underwriting capacity. These effects help insurance companies manage large losses, increase market availability, and maintain affordable coverage for…
Quick Summary Uninsured and underinsured motorists coverage protects you and your family from financial losses if you’re involved in an accident with a driver who lacks sufficient insurance. It fills coverage gaps, helps cover medical expenses, lost wages, and property…
Quick Summary This article explains the key differences between comprehensive and collision auto insurance coverage, detailing what types of vehicle damage each covers. It highlights examples of claims covered under each type and offers practical advice on when to maintain…
