You Don’t Always Win When the Big Guys Compete
A recent look at auto insurance prices in one state sheds light on a counterintuitive phenomenon: competition doesn’t always lead to lower prices. Case in point: Allstate bought Esurance several years ago to compete with GEICO’s online sales, but in the last year they lost 4% of their policyholders in Illinois. The same Illinois Department […]
Summer Driving Dangers
Everyone knows that driving while it’s icy outside can be dangerous, but most people don’t think about the dangers of driving during the summer months. Here are a few things to watch out for. The causes break down into two main categories: summer vacation and warmer weather. Summer Vacation School’s out! That’s great for kids […]
What Will You Do in an Autonomous Vehicle?
While they’re still not exactly mainstream, self-driving, autonomous vehicles are here and they’re becoming more popular. Eerie Insurance and Harris Poll conducted a survey to get people’s ideas on what having an autonomous car might mean. 59{66506b27ca8f5234034d808fc0aabc14bc16ceb45d71027974b073b60f711cfe} said they thought distracted driving would become a thing of the past since the driver would be able to rely […]
Hurricane Homeowners Checklist
Hurricane season is upon us once again, and as seems to happen every year, forecasters are saying it could be a very active season. You probably know to stock up on food, water, flashlights, batteries, and first aid kits, but have you made sure your homeowner’s insurance policy is ready for a disaster? Here are some […]
The Mind of a Burglar
Your home is your castle. It’s where you keep most of your stuff, including valuables like your TV, video game systems, collectibles, jewelry and sometimes even a little store of cash. You expect to be able to keep things safe in your home, but everyone knows there are people out there looking for a quick […]
Worldwide Cyberattack Reveals Business Underinsurance
Return To: Cyber Insurance – The Ultimate Guide Perhaps you heard of the ransomware attack that hit countries all across the world late last week. If you didn’t, you need to know about it. Ransomware, if you don’t know already, is an insidious kind of malware, a computer infection that encrypts your files and takes […]
What’s the difference between a man and a whole life policy?
How Your Phone is Hurting the Insurance Industry
Everyone knows you shouldn’t text and drive. Nor should you play Pokemon Go (do people still do that) or check email or any other distracting activity on your phone while driving. As if endangering yourself and other people wasn’t incentive enough to keep your eyes on the road, distracted drivers also just cost 4,200 people their […]
ALLCHOICE Protection
Pedestrians Beware!
We’re taught from the time we’re little to look both ways before crossing the street. Increasingly, that’s not enough to keep pedestrians safe. Pedestrian deaths rose a whopping 11{66506b27ca8f5234034d808fc0aabc14bc16ceb45d71027974b073b60f711cfe} from 2015 to 2016 across the US, and it’s increasing at an alarming rate. The numbers are estimates, but we’ve gone from 4,100 pedestrian deaths in […]
No-cost Safe Driver Training
Nearly 3,500 people were killed in distraction-related crashes in 2015, an increase of 8.8{66506b27ca8f5234034d808fc0aabc14bc16ceb45d71027974b073b60f711cfe} from 2014. The latest data also shows 431,000 people were injured from crashes involving distracted drivers over a one year period.* April is Distracted Driving Awareness Month, and Philadelphia Insurance Companies (PHLY) is offering an online distracted driver training course to […]