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Why Is Insurance So Eager to Write Off Barely Damaged Vehicles?

I was recently in a minor accident. One fender of my car was damaged; the rest is intact. Nevertheless, the estimate from the body shop was $4,500 and included the replacement of many parts that weren’t damaged. Now they’re saying my car might...

Need to file a claim? Florida’s CFO has this advice for storm victims

ST. LUCIE COUNTY, Fla. — Many neighborhoods and homes have sustained damage or been destroyed by tornadoes from Hurricane Milton.Insurance experts tell WPTV that most policies require homeowners to make emergency repairs to stop any more damage. Residents are advised to keep their...

Do Insurance Companies Cover Tesla Cybertrucks? Here’s the Deal

Tesla’s Cybertruck has seen its fair share of news coverage recently— and not for the best reasons. Safety recalls have plagued the smart truck, according to Reuters, and owners have complained about the stainless steel body rusting. Now, Cybertruck owners are claiming major...

FEMA Extends Renewal Period for Flood Insurance Policyholders in Seven States Affected by Helene

Flood insurance policyholders can receive advance payments to receive up to $20,000 for their recovery WASHINGTON – FEMA’s National Flood Insurance Program is taking immediate actions to help policyholders throughout the seven states recently affected by Helene. While renewal dates have passed for some National...

WTW and Keylane collaborate to optimise insurance pricing

LONDON, October 9, 2024 — WTW (NASDAQ: WTW), a leading global advisory, broking, and solutions company, and Keylane, a leading policy administration system provider in the Netherlands, today announced that they...