Not all car insurance companies are created equal. We surveyed more than 10,000 drivers to learn more about their car insurance experience, focusing on key areas like customer service, claims handling, and customer loyalty. Using that data, we rated the best car insurance companies of 2023 to help you find the best one. Key … Read more
Not all car insurance companies are created equal. We surveyed more than 10,000 drivers to learn more about their car insurance experience, focusing on key areas like customer service, claims handling, and customer loyalty. Using that data, we rated the best car insurance companies of 2023 to help you find the best one. Key points … Read more
There are 41 million people in the U.S. who say they need life insurance but do not have it, according to the 2020 Insurance Barometer Report from industry groups LIMRA and Life Happens. This can partially be explained by the tendency of people to overestimate its cost. Perceptions about affordability and value can deter … Read more
Who Needs Renters Insurance? Anyone who rents an apartment, condo, townhome, or other type of dwelling should seriously consider getting renters insurance. Renters insurance covers a tenant’s personal property if it’s damaged or destroyed during a break-in, a storm, or another event specified in the policy. In addition, renters insurance provides coverage for personal liability … Read more
Travel insurance helps you protect the financial investment you made in your vacation, whether you booked a tropical cruise or a sightseeing trip to a far-flung island. Though purchasing travel insurance coverage is optional, it does help you avoid losing money on prepaid travel expenses if your travel plans go awry. Travel insurance can also … Read more
There are plenty of smart ways to save money on your travel plans, but refusing to buy travel insurance isn’t necessarily one of them. Sure, you may not feel you need a travel insurance policy if you are going on a road trip or planning a cheap vacation close to home. However, we all know … Read more
Running a business entails a wide range of tasks, and buying small business insurance is one of the most important. Small business insurance can help protect owners in case of unforeseen incidents, from a fire destroying inventory to an employee being injured on the job. Below, we have our rating of the Best Small Business … Read more
Cheapest Renters Insurance Companies of 2023 If you’re looking for affordable renters insurance, you’re in the right place. This guide will give you an overview of the five most affordable companies in our rating of the Best Renters Insurance Companies of 2023 along with tips for saving money on renters insurance. Keep in mind, the … Read more
Next Insurance raises $250M to $4B, Next Business Insurance Review 2023 Next Insurance recently announced that it has raised a $250 million round, valuing the SMB-focused insurance provider at $4 billion. The company last raised another $250 million in September 2020, at a valuation of $2 billion. This funding also comes after Next Insurance … Read more
Insurance bundling simply means buying your home insurance and auto or other coverage from the same company. Bundling insurance policies can have some advantages; most notably, potential savings on your overall insurance costs. It can also simplify your bill paying and record keeping. But bundling doesn’t guarantee savings, and it may not be the right … Read more
Purchasing life insurance is a smart way to provide for your loved ones financially in the event of your death. Having a good policy in place ensures that you’re doing so in a cost-effective way and the insurer will have enough funds to pay the agreed-upon death benefit. It’s possible to choose the lowest premiums … Read more
Life insurance is an agreement between a policyholder and an insurance company where the insurer promises to pay a lump sum benefit to the beneficiaries in exchange for annual premiums upon the death of the insured. The cover could also be extended to pay benefits in the event of permanent disability and/or critical illness. It … Read more
the cheapest travel insurance options, considering expert and consumer recommendations. Winter 2022 outlook: With uncertainty in the economy and trickier weather conditions to contend with as the temperatures cool down (think: snow, sleet, freezing rain and wind), winter is an important time to purchase travel insurance to make sure your trip is covered. Travel insurance … Read more
Better have some savings stored up before you rush to the delivery room: A new analysis shows the average out-of-pocket expense for delivering a child in the United States is nearly $3,000, even if you’re insured. Other studies have looked at the costs for specific services, such as Cesarean sections versus vaginal deliveries, but those … Read more
One in 5 privately insured American adults hospitalized for a traumatic injury end up with medical bills they can’t pay, a new study finds. Among more than 3,100 working-aged insured adults who suffered a traumatic injury, the risk of incurring co-pays and deductibles they couldn’t afford was 23% higher than among similar adults without traumatic … Read more
The life insurance market in the United States is both massive and highly competitive. Though bigger may not mean better, either for consumers or for investors, it does imply a degree of longevity and financial stability in the life insurance business. Life insurance is a policy or contract that guarantees the customer or the insured’s … Read more
The insurance sector is made up of companies that offer risk management in the form of insurance contracts. The basic concept of insurance is that one party, the insurer, will guarantee payment for an uncertain future event. Meanwhile, another party, the insured or the policyholder, pays a smaller premium to the insurer in exchange for … Read more
There are a number of ways to rank the size of insurance companies. Companies can be measured by their market capitalization (the value of the company on a stock exchange) or by using sales figures, such as net premiums written in a year or how many policies were sold. Here, we examine the top 10 … Read more
In 2022, the top ten largest insurance companies in the world will propel the global insurance market to new heights. According to Emergen Research, insurance industry continues to be profitable, with growth rates of 6.2 percent to reach USD 8,921.88 billion in 2028. In order to succeed as a new market entry in 2022, it … Read more
The insurance industry is well-represented in the latest Forbes Global 2000 list, which ranks 2,000 of the world’s largest public companies based on a composite score that accounts for each firm’s revenue, profit, assets, and market value. A total of 105 insurers made the 2022 rankings, with 11 securing spots in the top 100. The … Read more