On the Hook for Property Undervaluation If an insured suffers an underinsured loss, whose fault is it? According to Marshall & Swift/Boeckh, more than 60% of U.S. homes are undervalued by an average of 25%. In some cases, according to MS/B, as much as 73% of an agency's book of homeowners business may be undervalued by an average of 35%.…
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ERIE named to list of only 40 companies to receive distinction in U.S. (Erie, Pa.) February 25, 2011 - Erie Insurance was recognized as a J.D. Power and Associates' 2011 Customer Service Champion, one of only 40 companies to earn the distinction in a cross-industry study of more than 800 companies. "It's always an honor to be recognized by our…
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Many people think that just because they have been with the same insurance company for twenty years, they are guaranteed to be getting the best rates. This may not necessarily be the case. Depending on the situation, it may be a good time to compare different companies' rates. Whether it be you just had an accident, you are looking at adding…
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Many people in the US are being challenged by record levels of snow and ice, not too mention freezing temperatures. With these kinds of conditions, it is very easy for your vehicle to become stuck. Even when the conditions are not like these though, if you find yourself driving on sand or mud, you can still find yourself getting stuck. By following…
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Keyless entry systems for the newer vehicles may seem like a simple luxury as it eliminates the need of having to fumble around for your keys in the dark just so you can unlock your vehicle, but there are dangers to this luxury. http://autos.yahoo.com/articles/autos_content_landing_pages/1690/keyless-entry-systems-vulnerable-to-high-tech-car-thieves/
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Michael McCartin discusses with PBS concerning the big tax debatate on Capitol Hill. Appeared on PBS Wednesday, December 8, 2010. http://www.pbs.org/nbr/site/onair/transcripts/tax_cut_tug_of_war_101208/
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(Erie, PA., 12/08/10) - Just as you start to appreciate the rustle of autumn leaves, you'll inevitably realize slick roads and shovels are soon to follow. Although some of us may not want to think about it yet, winter is just one snowfall away. And the season can cause devastating damage to your home if you do not prepare ahead…
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Trusted Choice® insurance agencies urge families to consider risks and liabilities before giving or receiving pets as gifts. ALEXANDRIA, Va., Dec. 1, 2010 — The holiday season often includes images of cute puppies under a Christmas tree or a kitten with a sparkly ribbon around its neck. But before you do your holiday shopping at the pet shop, Trusted Choice®…
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1. What is an insurance score? How does it differ from a financial credit score? An insurance score results from a credit-based statistical analysis of a consumer’s likelihood of filing an insurance claim within a given period of time in the future. This data can help Agents and underwriters better assess risk exposure prior to granting insurance coverage. A financial…
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Baltimore, MD (September 30, 2010) -- As Maryland faces potential losses from recent storms, Acting Maryland Insurance Commissioner Beth Sammis has the following tips for residents and commercial businesses that incur damage from the storm. “Following the tips below will make it easier for you to receive the full benefits of your insurance policy,” says Sammis. “If you encounter a…
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