Bodily injury loss costs Since 2020, bodily auto severity has increased 20%, while total loss claims have jumped by 29%.1 Factors contributing to this trend include an increase in uninsured motorists on the road, medical cost inflation and a rise in speeding-related fatalities and injuries. In the latter case, nearly 30% of total traffic fatalities […]
February 19, 2025
Auto Insurance Premiums Over the past two years, auto insurance premiums in the U.S. have risen by more than 20% annually, driven by inflation, increased repair costs, and a higher frequency of claims. But there may be good news on the horizon. In 2025, experts anticipate a moderate increase, with projections of a 3% to […]
January 24, 2025
Have you signed a lease agreement for your business? Have you shown the lease agreement to your insurance agent? Even better, before you sign a lease agreement, it would be a good idea to show it to your insurance agent. You have a lot more bargaining power before you sign than after you have moved […]
December 31, 2024
Safety on the road is a shared responsibility, especially when it comes to motorcycles. With that in mind, we’re sharing some essential tips for both motorcyclists and car drivers to help everyone stay safe. For Motorcyclists: Always wear a helmet and protective gear – Helmets and gear can significantly reduce the risk of injury in case […]
November 16, 2024
With the holidays coming up, many of us are doing a lot more cooking in our homes than usual. In fact, the fire department responds to 170,000 cooking-related fires each year​. Taking some simple precautions can help ensure your home remains safe. If leaving the kitchen, turn everything off: When cooking, especially when frying, grilling, […]
October 17, 2024
Feeling overwhelmed with Medicare details as you near retirement? You are not alone! Our team is frequently asked about the right time to sign up for Medicare and how to do it! Here’s what you need to know: Your Medicare enrollment window is a generous seven months, starting three months before your 65th birthday month […]
September 5, 2024
Car batteries are an essential part of an automobile. From getting your car started to charging your phone on the go, batteries provide the electricity your vehicle needs to keep rolling. That’s why it’s so important to know when to start considering a car battery replacement, as well as what you can do to extend […]
August 20, 2024
By Juliette Mignone, CPSR Does your business have employees? What happens if one of your employees or prospective employees alleges discrimination or harassment? If you’re a new company with 1-4 employees or a large corporation with more than 100 employees, you should be thinking about Employment Practices Liability Insurance (ELPI). Regardless of the number of […]
July 18, 2024
Auto insurance premiums in Florida have been on the rise in recent years, leaving many of us wondering about the factors behind these increases. Inflation! Everything we purchase has gone up significantly in the last three years. This includes many key components that contribute to auto insurance premiums such as vehicle repair costs, medical costs, […]
June 26, 2024
Did you know that you can sell your life insurance policy? If you own a life policy of $100,000 or more and you’ve had a change in health since you first purchased your policy or if you are over age 65. Most types of life insurance policies qualify, including universal life, whole life, variable life, […]
May 10, 2024