INSURASALES

Tag: insurance claims

Water Damage Coverage Gaps Highlighted in Recent Wisconsin Floods

Recent Wisconsin floods revealed common homeowner insurance exclusions for groundwater and flood damage, emphasizing the need for endorsements and mitigation strategies.

Homeowners Insurance Premiums Up 10% Amid Rising Risks and Inflation

Homeowners insurance premiums have increased 10% due to rising natural disaster risks and inflation-driven replacement costs. Learn key strategies to mitigate rate hikes, including home upgrades and policy adjustments.

Michigan Leads with Jeep Grand Cherokee Most Stolen Vehicle in 2024

In 2024, Michigan's Jeep Grand Cherokee tops the list of most stolen vehicles, underlining regional vehicle theft trends and highlighting advanced theft methods impacting insurance and prevention.

NJ Insurance Claims Guidance for Flood Damage After July 2024 Storms

New Jersey's Department of Banking and Insurance offers detailed guidance on filing flood and storm damage insurance claims following the July 2024 severe weather, highlighting coverage nuances and claims procedures.

U.S. Prescription Drug Denials by Private Insurers Increase 25% from 2016 to 2023

Analysis shows a 25% increase in U.S. private insurer prescription drug denials from 2016-2023, driven by rising drug costs and claim automation. Insights into industry impact and reform efforts.

Walmart Parking Lot Incident Highlights Complexities of Liability and Claims

Explore liability and claims challenges in retail parking lot vehicle damage cases as highlighted by a Walmart incident involving a $2,000 repair claim. Insights into insurer and third-party claims administrator roles.

Attorney Urges DOJ to Address Systemic Insurance Claim Practices in Collision Industry

Connecticut attorney requests DOJ meeting to address systemic consumer harm and anti-competitive practices by major insurers in auto body and post-disaster claims.

California Court Rules Against FAIR Plan's Smoke Damage Claim Practices

California court finds FAIR Plan's smoke damage claim restrictions unlawful, impacting wildfire-related home insurance coverage and insurer liability standards.

Auto Thefts Drop to Pre-Pandemic Levels in 2024, NICB Reports

The National Insurance Crime Bureau reports a 17% drop in vehicle thefts in 2024, returning to pre-pandemic levels and impacting auto insurance risk and claims.

Rising Car Insurance Costs in Utah Driven by More Accidents and Higher Repair Bills

Utah's car insurance rates have surged due to increased accidents, higher repair costs, tariffs, and more severe weather events impacting claim expenses. Learn key factors driving these trends and ways to save on premiums.