Insurance
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Blog
Is Pet Insurance Worth It?
At Consumer Reports, we rated eight pet insurance providers: ASPCA, Banfield, Embrace, Fetch, Healthy Paws, Nationwide Pet Insurance, Pets Best, and Trupanion. The ratings are based on a survey of 2,061 CR members with insured pets, looking at such things as satisfaction with the prices paid, the availability of different types of coverage, reimbursement options, and coverage based on preexisting…
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Is identity theft insurance worth it?
To say the word “insurance” doesn’t inspire confidence nowadays is putting it lightly. With policies that often feel convoluted and exclusions buried in fine print, it’s easy to be skeptical. So, is identity theft insurance worth it? Well, the answer depends on your circumstances. For instance, identity theft insurance could be wise if you manage multiple financial accounts, use public…
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Insurance sector urged to sharpen up third-party risk management as attacks surge
Most breaches affecting the insurance industry come about through third-party attacks, with third-party software and IT behind half of them, according to new research. More than a quarter of companies reported breaches last year, SecurityScorecard found, higher than the S&P 500 average and twice as many as the US energy industry. Notably, third-party attack vectors were behind 59% of these…
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How to File a Car Insurance Claim
Gather information. Collect details about the accident: names, contact information, and insurance policy information for anyone involved. Take photos of the damage to your car and any other vehicles and property, and write down or photograph license plate numbers. If you can, try to also record the involved cars’ vehicle identification number (VIN), the 17-digit code that can be found…
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What Homeowners Insurance Actually Covers (and How Much You Should Have)
While Los Angeles County continues to battle devastating wildfires, you may be wondering about the safety of your own home. More specifically, how are you covered when the unthinkable happens? Unfortunately, insurance doesn’t function like a gas or electric company; even in the face of disaster, insurers aren’t obligated to service your home. And while homeowners insurance isn’t legally mandated,…
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45 million Americans allegedly had their location data collected and sold by this top insurance firm
If you’re asked to enable location data after downloading an app, there’s a good chance your whereabouts are being tracked. However, what happens when a company collects this data and then sells it? According to a new lawsuit from Texas Attorney General Ken Paxton, insurance company Allstate allegedly did exactly that when it unlawfully collected, used and sold data on…
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Here’s What You Should Do If Your Insurance Company Drops Your Fire (or Flood) Coverage
Currently Los Angeles County suffers from apocalyptic scenes of deadly, uncontained wildfires. Unfortunately, insurance doesn’t function like a gas or electric company; even in the face of disaster, insurers aren’t obligated to service your home. Instead, these companies can choose which properties they’re willing to insure based on their risk assessment models. This selective coverage has become increasingly common in…
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How to File an Insurance Claim After a Wildfire
The first step is to get in touch with your insurer or the agent who sold you your homeowners insurance. The insurance company will assign an adjuster, who will assess the damage and submit an estimate for review. The amount you’re paid will depend on the kind of coverage you have. Though “replacement cost” coverage should cover the cost of repairing…
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When to Buy Supplemental Health Insurance
There is likely no subject less exciting or more aggravating than health insurance. The entire experience is frustrating for most people: Navigating plans is confusing, everything seems really expensive, and when you make claims you often get blank denials that explain nothing and give you few options for appeal or further information. All that being said, most people assume that…
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Florida insurance industry attorney notifies 10K+ people of data breach
Bronstein & Carmona, a Fort Lauderdale law firm that defends auto insurance companies, over the weekend confirmed it notified 10,792 people about a February 2024 data breach. The attorney did not publicly disclose what information was compromised. It is offering eligible victims free credit monitoring and identity theft insurance, which implies the data contained Social Security numbers and/or other information…
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