Property Insurance

With technology so advanced today, it is no wonder that everyone is turning to the Internet for everything. Purchasing car insurance has never been easier now that the Internet has made the process so much more convenient. Using the web also helps tons of people find the insurance they need at the lowest price possible.

The problem with getting car insurance online is that it is not always best for novices. A buyer planning to insure his or her car for the first time may be easily misled into paying large amounts of money for car insurance simply because he or she is not experienced or knowledgeable in what to expect. Read more…

If you are thinking about buying a home, or if you’ve already started the process, your mind is probably filled with thoughts about what you should be doing and worrying about whether you’ll get to move into your dream home.
These days buying a home can be troublesome, and there is a lot of paperwork involved in getting to the day of the big move. Home insurance, available from www.endsleigh.co.uk, is one area that many people aren’t clear about – is it compulsory? Does that mean it’s required by law or is it just recommended?

Home insurance can be split into two areas – buildings insurance and contents insurance. Buildings i Read more…

The property/casualty insurance industry gave more than 500 million to charity last year, according to survey released Wednesday by New York-based McKinsey & Co.

The report, “Charitable Giving in the Property-Casualty Industry,” found that education, health and social services, and community and economic development were the causes that received the bulk of the industry’s support.

The report found that of the 500 million in donations, 80% came as direct cash contributions from companies, while the rest represented employee donations of cash or volunteer hours.

The report also found that when property/casualty companies evaluated the benefits of charitable giving, most cited broad business goals including enhanced reputation, improved employee retention and improved customer relations.

But only 12% of property/casualty companies surveyed consider the ability to leverage corporate capabilities a key determinant in shaping giving strategy.

“Surprisingly, while most property/casualty companies believe that disaster relief and preparedness rank among the most important issues for the industry to address, in practice these causes receive less than 5% of total industry contributions,” according to the report.

Read more…

• • Lisa Bachelor
  • guardian.co.uk,
  • Article history
    

    About this article

    Close Fronting: car insurance costs drive parents to break the law This article was published on guardian.co.uk at . A version appeared on p5 of the Money section of the Guardian on . It was last modified at .

The rocketing cost of car insurance has resulted in a growing number of parents breaking the law by falsely declaring to insurance companies that they drive their car more than their son or daughter.

The practice, called “fronting”, happens where a lower-risk, usually older, driver insures a vehicle in their name, although the main driver is higher risk.

Read more…

Floridians won a great victory on Tuesday. Against the wishes of powerful legislators in Tallahassee and the exceptionally influential insurance lobby, Florida Insurance Commissioner Kevin McCarty struck down most of Citizens Property Insurance Corporation’s proposed 447% sinkhole insurance rate hikes.

This victory proves that Floridians, organized and united, can fight the insurance lobby and win.

Citizens board members proposed in July to raise sinkhole rates statewide by 430 percent on average to make them actuarially sound. I

Read more…