What You Should Know
Collision insurance pays for your car damages if you hit a fallen power line
Comprehensive covers your car if a power line falls on it
While liability won’t cover your car, it pays to replace the power line if at fault
Does auto insurance cover damage from fallen power line? Yes, full coverage insurance covers fallen power line damage. For example, collision coverage pays out if you drive into a downed power line that causes vehicle damage, while comprehensive covers power line damage to a stationary vehicle.
Still not sure if insurance will cover your power line damage? Keep reading to learn what kind of car insurance...
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Chad Duke, Vice President/Risk Advisor, and Pim Jager, Vice President/Benefits Consultant, were recently featured on the ESOP Podcast discussing captive insurance and Scott Insurance’s collaboration with the National Center for Employee Ownership (NCEO) to create two new captive programs exclusively for ESOP companies, OWN Health (health insurance) and OWN Risk (property and casualty).
Scott’s long history as an employee-owned company – and as an industry leader in the development and support of captive insurance programs – has given us unique insight into what makes the captive model an ideal solution for ESOP companies. The majority of ESOPs are well-managed, collaborative and have better-than-average risk...
Health insurance plans each have their own rules, benefits and drawbacks. These can be tricky enough to work out when you're buying health insurance for just yourself, but when you're looking for a plan to provide employee benefits, a...
China’s National Financial Regulatory Administration (NFRA), the financial industry regulatory agency under the State Council of the People’s Republic, is continuing to promote Hong Kong as a venue for insurers and reinsurers to sponsor catastrophe bonds.Speaking at a conference...
Ladder safety is something many overlook, but it’s crucial to preventing serious injuries. In fact, more than 164,000 ladder-related injuries result in emergency room...
US primary insurer Allstate is back in the catastrophe bond market and seeking $350 million or more in multi-peril catastrophe reinsurance protection from the...
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There are many different uses for surety bonds in the Affordable Housing industry. In our surety practice, we work frequently with contractors...
QR codes are a powerful tool to enhance customer engagement, improve lead capture, and grow your insurance business. With Agency Height’s Insta Quote...
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Whether you are an owner, developer or property manager working in the affordable housing industry, you are undoubtedly facing challenges related to...
In the United States, health care costs affect both employers and employees, and the costs have projections to jump by the fastest rate in 15 years. The
Business Group on Health estimates the costs will jump by 8% in...
When you turn 65 years old, or if special circumstances apply, you are eligible to apply for Medicare coverage.
Along with Medicare Part A, Part B is one of the most important parts of original Medicare. Because Part A...
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No longer can auto insurance companies use overly broad No-Fault fraud clauses in their policies to take away all of your legally-guaranteed Michigan auto...
Paul Holba, on location in Indonesia, discusses Jakarta’s growing economy and the promising future of investing in emerging markets across Asia.
https://www.youtube.com/watch?v=rqtq6U2dh7c
It’s Paul Holba, senior...
Vacation is for fun and relaxation. Help save yourself some worry about what could be happening at home by protecting it from theft and damage while you are away. Here is a checklist we have developed to help you have...
Spring/2023
Final expense insurance, also known as burial insurance, is a type of insurance policy designed to cover the costs associated with a person’s funeral and burial expenses.
This type of insurance is typically purchased by older adults who want to...
The Texas Windstorm Insurance Association (TWIA) is looking at another relatively significant increase in its reinsurance purchase next year, as it projects it may need almost $5.8 billion of reinsurance and catastrophe bond limit, due to the near-erosion of...
Five Myths about insurance
No one likes to buy auto insurance. It’s complicated. It’s expensive. And who understands how the premiums are determined? Maybe that’s why there is so much misinformation about insurance coverage and pricing.
The non-profit Insurance Information Institute helped me tackle...
Make yourself visible no matter the time of day.
The pandemic, rising fuel prices and climate change concerns – along with improved battery technology and e-bike options – have combined to create a...
Virtual home inspections, necessary during the pandemic, remain popular because of convenience.
When you buy home insurance, the amount of coverage you purchase should be the amount that it would cost to rebuild...
Last Updated on January 17, 2022 by adminGenuine small holiday letting businesses in England to be protected by closure of second home tax loopholeOwners of second homes in England who abuse a tax loophole by claiming their often-empty properties...
Last Updated on January 25, 2021 by admin
There has been much media coverage of the Supreme Court Judgement made on the 15th January 2021 regarding the FCA Test Case involving some insurers business interruption wordings. Understandably this has caused...
Just as you would before any important purchase, do some research before buying insurance.
Many people research expensive purchases like homes, cars, or gadgets to make sure they get the best value for their...
Last Updated on July 2, 2024 by adminA review into the effect of short-term holiday lets aims at improving the holiday letting market for those living in popular tourism destinations.Call for evidence aims to understand impact of increase in...
(From left to right: Michael F. Thomas, Executive Vice President, Glenn Insurance; Susan Sykes, Senior Commercial Lines Underwriter, Glenn Insurance; Tim Glenn, President, Glenn Insurance; Claudia Ratzlaff, CEO, Avanzar; Cheryl Tamasitis, Associate Vice President, Nationwide; and Ross Setlow, Territory...
Last Updated on July 31, 2024 by adminDid you know that Boshers Insurance do more than provide high-quality insurance for Holiday Home owners? We also support The 2 Minute Foundation, a charity whose vision is to clean up the...
Last Updated on March 17, 2021 by adminTemporarily Closed Holiday Letting Properties – Updated 17th March 2021We appreciate the significant impact that government measures to control the spread of the coronavirus is having on all businesses, not least self-catering...
Virtual reality, or VR for short, may have some limited applications outside of video games and entertainment, but major US insurer Allstate Insurance Company believes there is potential in the technology for use in the insurance industry. Last week...
Health insurance plans each have their own rules, benefits and drawbacks. These can be tricky enough to work out when you're buying health insurance for just yourself, but when you're looking for a plan to provide employee benefits, a...
China’s National Financial Regulatory Administration (NFRA), the financial industry regulatory agency under the State Council of the People’s Republic, is continuing to promote Hong Kong as a venue for insurers and reinsurers to sponsor catastrophe bonds.Speaking at a conference...
This blog is provided for information only and is not a substitute for professional advice. We make no representations or warranties regarding the accuracy or completeness of the information and will not be responsible for any loss arising out...
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When it comes to travel, having the right insurance coverage is essential for peace of mind. While traditional...
Highlights
A medical captive as part of a self-funding arrangement is a non-traditional health insurance approach that benefits advisors and their clients.
Advising companies in a medical captive can help you deepen relationships with clients and set you apart as a...
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Home » Accident & Health Insurance – Do You Need One Or Both?
It’s hard to know what you’re going to need in this life to mitigate the risk (like accident and health insurance) and know that no matter what...
Health insurance plans each have their own rules, benefits and drawbacks. These can be tricky enough to work out when you're buying health insurance for just yourself, but when you're looking for a plan to provide employee benefits, a...
China’s National Financial Regulatory Administration (NFRA), the financial industry regulatory agency under the State Council of the People’s Republic, is continuing to promote Hong Kong as a venue for insurers and reinsurers to sponsor catastrophe bonds.Speaking at a conference...
When it comes to motorcycle safety, attention to detail is critical.
According to the National Highway Traffic Safety Administration (NHTSA), motorcyclists face significantly higher risks in comparison to passengers in other vehicles. For every mile traveled, the risk of injury...
Quality employees are one of the most valuable resources a business can have. When somebody leaves the company, a new hire has to be found and trained. This process takes time and money that could be better utilized elsewhere....
Earlier this year, White Mountains committed up to $30 million in capital for a Bermuda-based collateralized reinsurance structure that provides sidecar-like support to its California homeowners managing general agent (MGA) Bamboo.Back in 2020, White Mountains Insurance Group entered into...
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In today’s volatile and extremely competitive talent market, it is important to make sure your employee benefits offerings are an asset to your organization – helping you attract and retain employees. According to Microsoft’s 2021 Work Trend...
June is Men's Health Month, a time to focus on the well-being of men and promote healthy habits. It's concerning that inactive men are sixty percent more likely to suffer from depression than those who exercise regularly. Men have...
The “Magnificent 7” refers to a group of leading tech companies — including Apple, Microsoft, Amazon, Alphabet (Google), Meta (Facebook), Tesla, and Nvidia — that have shown exceptional growth and market performance. While...
