USAA and Farmers Insurance Lead 2023 For House Rate Hikes
Farmers, USAA Lead Pack in Hiking Homeowners Insurance Rates in 2023: S&P October 4, 2023 / Insurance Journal Farmers Insurance Group of Cos. and United Services Automobile Association (USAA) have increased homeowners insurance rates by nearly 15% each to lead all other insurers. According to S&P Global Market Intelligence‘s RateWatch application, Farmers’ year-to-date calculated […]
How Long are Electric Car Batteries Supposed to Last?
How long do electric car batteries last? On the Road 3 min read An electric vehicle battery is designed to last about 10 years. An electric car battery’s life typically lasts longer than that of a non-electric vehicle. Typically, standard car batteries last three to five years on average. This time frame may vary based on the type of […]
How Do I Avoid Nuclear Trucking Accidents?
Avoiding Nuclear Verdicts by Improving Operational Safety & Compliance in Trucking: Wrap Up and Additional Resources In today’s world, trucking managers are busy with day-to-day challenges like rising fuel costs, increasingly complex regulations, and driver, technician, and equipment shortages. It is also important to take the time to understand and identify any operational issues that […]
Where Can I Find Insurance For My Flooring Business?
How to get versa-“TILE” coverage for your flooring business BY PEKIN INSURANCE · AUG 28, 2023 ·1 MIN READ No job is the same when you’re a flooring contractor. You could be working with a unique material that cracked while being installed, an oddly shaped room that caused you to damage the wall, or a […]
How Do I Know If I Need New Brakes on My Car?
How to tell when you need new brakes On the Road 5 min read Several telltale signs will tell you when to replace brake pads or other braking system components. If you hear a squealing sound or your car pulls to one side when braking, you need your brakes checked. A low brake fluid warning light on […]
Medicare Supplements through Pekin Life Insurance
Medicare Supplement Insurance through Pekin Insurance is designed to help fill those coverage gaps. Pekin Life Insurance Company is domiciled in Illinois at 2505 Court Street • Pekin, Illinois • 61558 Medicare is a compromise between what you need and what the government can pay. Medicare Supplement Insurance (Medi-gap) is designed to help fill those […]
So What is Hybrid Long Term Care Insurance?
Most people appreciate their freedom and independence, and want to maintain them for as long as possible. However, an unexpected accident or illness can jeopardize those goals. Your health insurance policy won’t cover long-term care costs and government funding falls short, as well, with only limited financial support coming from Medicaid. Plus, in order to […]
Insurance Audits Don’t Have to be Scary, Here’s Why
Insurance Audits Don’t Have to be Scary, Here’s Why Read time: 2:45 Oh no! It’s nearing the end of another year of commercial insurance, which means another premium audit needs to be completed. You start to panic. Do you have all the right documents? Will the process take a long time? Despite their intimidating reputation, premium […]
Certificate of Deposit versus Single Premium Whole Life
After decades of putrid and declining returns, the CD is gaining popularity once again due to recent increases in interest rates. Why the fascination with CD’s? I would say most of the folks purchasing CD’s are looking for three things: Guaranteed Returns Safety Short Term Commitment Purchased mostly by consumers either preparing for, or already in […]
MAX Insurance declared insolvent, placed into liquidation
From the Insurance Journal By Ezra Amacher | August 28, 2023 The District Court of Shawnee County, Kansas has declared MutualAid eXchange (MAX) insolvent, and the company has been placed into liquidation pursuant to a petition filed by the Commissioner of Insurance. The court ruled MAX to be insolvent on August 22, two weeks after the company’s board […]