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Among policyholders that filed a claim in the past five years, 40% had an event where the policy did not respond as they had expected.
Looking at demographic data, baby boomers and Gen Xers accounted for the most moves in 2022.
When broken down by vehicle type, Forbes found minivans were the least expensive to insure on average and coupes were the most expensive.
Educating policyholders about uncommon losses can be a great way for insurance agents and brokers to build trust and value.
Each of the classic rides on this list sells for $15,000 or less, according to HotCars, which notes these prices might not last for long.
The past year saw strong growth in the E&S market. Will 2023 hold more of the same?
Several industry experts reflect on an unusual year in insurance and focus on what lies ahead for the industry.
What were the most significant insurtech developments of the past year? And where is the sector headed in 2023?
What's worse than crowded stores during the holiday shopping season? The parking lot.
Nearly all holiday decorators may be unwittingly introducing more than just Christmas cheer into their homes – in the form of increased risk.