Male drivers, especially those under 25 years of age, pay more for automobile insurance than do female drivers. You may ask, “But are gender based insurance premiums really fair?” Loretta Worters, a vice president with the Insurance Information Institute (III), replies, “It has nothing to do with what’s fair. It has to do with risk.... Read More >
Obesity now costs more in healthcare spending than the consequences of smoking. As stated by Reuters in 2012, 190 billion dollars are spent every year on obesity-related health problems. “Obese men rack up an additional $1,152 a year in medical spending, especially for hospitalizations and prescription drugs, Cawley and Chad Meyerhoefer of Lehigh University reported... Read More >
Over the last two decades, about half of all travel agencies have gone out of business. Those who remain have become specialists in arranging vacations, while those who went out of business, were mainly involved in finding the lowest price for airline tickets. This leaves us with the question – Is an agent necessary? Between... Read More >
Distracted Driving Is an Insurance Problem During the last year, our company representatives from Travelers, The Hartford, Kemper, Harleysville, Allied, Safeco, and other companies all told us there was a large need to reduce distracted driving, as distracted driving related crashes were becoming an increasingly negative problem for loss costs. Distracted driving includes: Texting Talking... Read More >
“Many insurance companies and some academics feel strongly that a mediocre or bad credit rating means you’re a high risk,” says Christopher Cruise in his article “How Credit Scores Affect Insurance Rates” written for  “Many consumer advocates, state legislators, and state insurance regulators think not. The debate may go on for quite a while... Read More >