Insurance scores and credit scores differ. Credit scores predict credit delinquency while insurance scores predict insurance losses. Both are calculated from information in a credit report, such as outstanding debt, bankruptcies, length of credit history, collections, new applications for credit, number of credit accounts in use, and timeliness of debt repayment. Insurers or scoring agencies …
Tag: Auto Insurance
Dec 21
The Insurance Shop Offers Tips to Help You Save on Auto Insurance
Purchasing the auto insurance that is right for you can be confusing, especially for first-time buyers. By learning the basics on how to get the most for your money, you can save on your auto insurance and feel confident you have adequate coverage. The Insurance Shop and Travelers, a leading provider of auto and homeowners …
Dec 10
8 Tips For The Road Ahead – Be Safe, Be Smart On A Long-Distance Road Trip
Whether you’re traveling alone, with a buddy or with your spouse and a car full of kids, there are few things more “American” than the long-distance road trip. Countless vacation travelers will drive the highways looking for fun and making memories with every mile. If traveling down the “holiday road” is in your plans, take …
Jan 12
How are insurance rates set?
How does insurance work? People buy insurance coverage to protect themselves from potential future loss. In exchange for payment of a known fee—the insurance premium—the policyholder is able to transfer his or her potential risk to an insurance company, which agrees to pay in the event of such a loss. Insurance works because it allows …
Aug 06
Personal Lines Products
Wondering if we can write a policy for you? Here’s a sample list of some of the insurance policies we write… Dwellings: 1-4 Unit dwellings Owner or rental occupancies Secondary or seasonal Coastal properties Homes with day care In-Home Business Inland Marine: Coverage for jewelry, furs, fine art, musical instruments, cameras, silver, stamps and collectibles. …
Jul 22
Four Questions To Get The Right Auto Insurance
Using the right tool for a job is key to success in any profession. Experts say the same principle applies when selecting an auto insurance policy. Having the right type of policy can help ensure that you, your employees and your business are all protected in the unfortunate event that one of your vehicles is …
Jul 18
Three Tips To Help Your Vacation Get Off To A Worry-Free Start
With vacation season in full swing, you may be in the process of planning an annual getaway. While most people spend lots of time looking for ways to maximize their budget, one costly decision is often left to the last minute—whether to buy the optional insurance offered by a rental car company. “Deciding whether …