Auto telematics’ potential benefits & pitfalls

Telematics can lead to lower and more fair prices, but “guardrails” are needed, Consumer Federation of America reports. Auto insurance telematics, subject to proper oversight, could lower costs for safe drivers and replace unfair, non-driving factors used by many insurers today,” Doug Heller, CFA’s insurance expert, said. Auto telematics has the chance to give consumers […]

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What is an Insurance Claim?

The whole point of insurance is to protect yourself financially if something goes wrong. When an incident occurs—you wreck your car, a thief snags your laptop, a friend slips on your throw rug and breaks an ankle—you submit a claim. With this request for compensation, you’re essentially asking your insurance provider to make good on […]

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