Deconstructing Your Pet Grooming Insurance Quote

You dream of owning a dog grooming business, and you’ve already made significant strides toward that goal. With professional training and certification under your belt, a solid business plan, a suitable location, and all essential equipment and supplies, there’s just one final step to take: securing dog grooming insurance coverage to protect your business and … Read more

The Five Policies You Need

As a pools and spa contractor, your expertise in pool construction, hydraulics, and navigating complex regulations forms the backbone of your business. However, the unique risks you face—from hazardous materials to the physical demands of the job—bring to light the critical importance of insurance in safeguarding your livelihood. Without proper coverage, these risks could threaten … Read more

What Lies Ahead?: Top Insurtech Trends for 2025 and Beyond – InsuredMine CRM

With only two months left in the year, we’ll be soon gearing up to kickstart 2025, and the insurance industry stands at a critical crossroads. The global protection gap—a measure of uninsured risk—looms large, projected to reach $1.86 trillion by 2025. This figure is more than just a number; it represents real people and businesses … Read more

Loss Control Tips For Lower Rates

Running a commercial office comes with its share of responsibilities, from maintaining budgets, supervising staff, resolving customer issues, and managing the functionality of the workspace. While offices may not see the same hazards as industrial or construction sectors, they’re not immune to incidents that can lead to costly claims and increased insurance rates. By implementing … Read more

3 Reasons to Invest in Towing Insurance

The towing industry plays a vital role in keeping America’s roads moving. Every day across the country, an average of 55,000 vehicles are towed. This number is only expected to grow as the average age of vehicles in the U.S. climbs to 12.6 years. However, the risks involved in the industry are just as significant. … Read more

Deconstructing Your Business Insurance Quote

Securing business insurance is essential, but the quote you receive can often be dense and complex, leaving many business owners uncertain about what they’re paying for. From understanding what different coverages mean to evaluating the cost-effectiveness of various premiums, there’s a lot to consider before committing.  It may be tempting to compare quotes solely based … Read more

Allstate Announces September and third quarter 2024 Catastrophe Losses, Run-off Reserve Review and Third Quarter 2024 Implemented Rates

NORTHBROOK, Ill., October 17, 2024 – The Allstate Corporation (NYSE: ALL) today announced estimated catastrophe losses for the month of September of $889 million or $702 million, after-tax, including $630 million, pre-tax, related to Hurricane Helene. Total catastrophe losses for the third quarter were $1.70 billion or $1.35 billion, after-tax, and total catastrophe losses for September year-to-date were $4.55 billion or $3.60 billion, after-tax. During … Read more

Who Pays for Builder’s Risk Insurance?

Construction projects are full of surprises—some good and some expensive. Protecting your investment is essential between supply delays, unpredictable weather, and unexpected mishaps. That’s where Builder’s Risk insurance comes into play. This specialized insurance policy safeguards against financial loss by covering damage to structures, materials, and equipment during construction.  However, a key question remains: Who … Read more

The Best Fleet Management Softwares To Protect Your Rates

Balancing the cost of commercial auto insurance with operational efficiency can be overwhelming when managing a fleet. Fleet management software has emerged as a go-to solution, streamlining fleet operations and providing data and safety features to help lower insurance premiums. Commercial auto insurance rates continue to rise. Trucking insurance premiums have surged, rising from $0.071 … Read more