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Potholes: The Sneaky Road Hazards That Can Really Leave a Dent in Your Day

Fri, 24 Apr 2026 15:45:01 GMT

If you’ve ever felt the kerthunk of a pothole and immediately wondered what part of your car just surrendered, you’re not alone. These sneaky street craters seem to pop up everywhere. And just when you think you’re cruising smoothly, your morning coffee becomes a casualty.

Car Damage Frequency and Risks Behind the Rattle

Potholes can have a huge impact on your car. In the U.S., drivers collectively pay billions every year for pothole-related repairs. According to AAA’s research , 1 in 10 drivers suffered vehicle damage severe enough to need repair in a single year, with the average repair costing around $600 – and that’s just from a single pothole hit!

Across the country, potholes can cause tire blowouts (or the pop no one wants to hear), bent wheels, suspension damage and alignment issues. In serious cases, these seemingly minor nuisances can cause a total loss of control.

Are Some Areas More Prone Than Others?

Absolutely. Roads in colder climates experience more freeze-thaw cycles, making them prime pothole real estate. Urban roads also get hit harder due to heavy traffic loads. (Potholes tend to show up when things get too crowded.)

How To Best Avoid Potholes on the Road

Dodging potholes shouldn’t feel like a high stakes video game. With these quick tips, you can steer clear.

Slow down: Higher Speed = harder impact
Avoid Puddles: They can hide deep potholes
Maintain safe following distance: easier to spot hazards early
Stay centered in your lane: Worn areas tend to be along wheel paths
Keep your tires property inflated: under-inflation makes pothole damage worse

Sometimes the safest way to avoid a pothole is to simply slow down and stay alert. Your car (and coffee) will thank you.

What To Do If You Can’t Avoid a Pothole

Even with the best intentions, sometimes a pothole jumps out faster than your reflexes. If you hit one:

Don’t slam the brakes mid-impact: Braking transfers weight to the front wheels, increasing damage risk.
Check your tires and wheels: Look for bulges, cuts or low pressure.
Pay attention to vibrations or pulling: You may have knocked your alignment out of whack.
Document the damage: Some cities accept pothole damage claims (and it doesn’t hurt to try).
Get repairs promptly: Small issues can grow into bigger ones fast.

If you suspect damage, listen for new noises. Cars are talkative, especially injured ones.

How To Advocate for Road Repairs Where You Live

Improving your local roads may feel like trying to patch a sinking ship, but many municipalities genuinely want residents to report problems.
To champion safer and smoother streets, consider reporting potholes via your town or city’s website, 311 system or local DOT app. Be sure to include photos and precise location pins, which is a feature typically included in the site (you won’t need to know the coordinates offhand).
Harness collective pavement power by encouraging neighbors to report the same pothole or attending local town or transportation meetings where road repairs are discussed. Some towns and cities even have a pothole reimbursement program, which could be worth asking about.
The more noise and reports a specific pothole gets, the more likely it is to get fixed. Think of it as giving that crater a performance review. (With enough feedback, it won’t pass.)

Stay Protected With the Right Auto Insurance Coverage

While you can swerve, slow and stay alert, potholes still have a way of sneaking up on even the most careful drivers. Having the right car insurance coverage ensures that when life throws road craters your way, you have the peace of mind to keep moving forward. With enough protection, you can focus on safely enjoying the drive instead of worrying about every bump in the road.

Source: https://extramile.thehartford.com/auto/potholes/

Accident? What you need to do

Thu, 16 Apr 2026 16:16:32 GMT

In the aftermath of a crash, know the right actions to take

No one wants to get into a car crash. But being prepared and knowing what to do if you are involved in an accident can save lives, reduce injuries and make the claims process simpler and easier.

So you'll be prepared at the scene:

Keep critical, relevant documents in your car , such as registration, proof of auto insurance, your leasing agent's name. It's also a good idea to carry important medical information (allergies, doctors names) for you and your family members.
Ensure that your car is emergency ready. Flares, orange cones, emergency signage can help keep your loved ones and your vehicle from more harm after an accident. And, while we rely on technology, there's a chance it might fail when you need to record a phone number or license plate details—keep a pad and pen in your car.
Make sure to have the right amount of auto coverage t o fit your needs. While an insurance policy is not a substitute for health and safety, knowing you'll be covered in the case of an accident can reduce the stress.

In the event of an accident, immediately:

Take care. Pull the vehicle to the side of the road, if possible. If the accident was triggered by road rage , take extra cautions when engaging with the other driver. If you are bumped from behind and think you might be the intended victim of a carjacking , make sure to pull off in a safe place.
Assess possible injuries. Tend to people first—make sure everyone is okay. Call 911 if anyone is injured.
Assess damage to the car. Once you're assured everyone is okay, review the extent of the damage to the vehicle. If possible, take pictures.
Don’t leave the scene of the accident. If you run into an unattended vehicle, try to find the owner. If you can’t, leave a note with your name, address and phone number. Record the details of the accident, including the make and model of the car and the address where the accident occurred.
Collect as much information as possible . Get the names of and contact information for everyone involved in the crash, including witnesses. Ask the other driver or drivers (if you are involved in a multi-car accident) for a license, car registration and insurance ID card, and get the makes and models of the cars involved. Note of the location of the accident, time of day and the weather conditions. Smartphones are a great way to record driver and car documentation (as well as accident details).
Alert the police or highway patrol. If you are involved in a serious accident, let law enforcement know, especially if anyone is hurt. If necessary, the police will notify the nearest medical unit. Get the names and badge numbers of the officers on the scene and ask where you can get a copy of their accident report.
File an accident report, even if the police can't come to the scene. Head to the nearest police department (or their website) to file an incident report. Having an official report can help in case the other driver decides to sue for damages or medical injuries, or there is more damage done to your car than initially thought. And you will need to have the report when making your insurance claim.
Get the claims process started. Notify your insurance agent about the accident as soon as possible—the longer you wait, the harder it will be to remember the details.

Source: https://www.iii.org/article/scene-accident

Do It Now: Personal property inventory

Thu, 16 Apr 2026 13:30:02 GMT

What is a personal property inventory & why is it Important?

Personal property inventory

If your possessions are stolen or destroyed, your insurance company will ask you to provide a record of them. Learn the benefits of having a personal property inventory list below.

Details will be important at claim time

Do you know the brand name and serial number of your stereo? Would you recall off the top of your head when and how much you paid for your digital camera? Without a list in front of you for reference, the details of your valuables may be forgotten – which creates more frustration in an already stressful time, and can cost you money in the long run.

That's why it's important to have a personal property inventory created ahead of time – before an unfortunate incident.

What is a personal property inventory?

A personal property inventory is a complete list of all your household goods and personal belongings. A complete inventory includes the following information about each item on your inventory list:

The room in the house where it's located
Item description and quantity
Purchase date
Place of purchase
Original cost
Estimated current value
Serial and model number
An accompanying videotape or still photographs of each item
Receipts and current appraisals for the most valuable items

How does an inventory help you?

No one is fully prepared for a loss, but you can take steps to reduce the stress in the aftermath. A personal property inventory in place before a claim ensures that your claim is filed promptly and completely, which means that you'll get it settled quickly and accurately, and get your life back to normal.

You can also use an inventory to determine if you have adequate coverage for your possessions. Many people find out after a loss that they were not sufficiently covered, and should have purchased higher coverage amounts or replacement cost coverage. A good rule of thumb is to add up how much it would cost to replace your belongings, and then compare it to your policy's personal property limit. This is an indicator of whether or not you need to purchase additional coverage.

It's also a good idea to check the claim settlement methods on your policy. If you've purchased replacement cost coverage, your settlement allows you to buy new items to replace the damaged or stolen ones. If you have actual cash value coverage, you receive what your items are worth at the time of the loss – taking into account depreciation.

More helpful tips

Be complete with your inventory. An effective way to do an inventory is to split the area of your house and take one room at a time. Start outside and take views of each side of your house, including the landscaping. Make sure to include all items in a storage shed or garage, like children's bikes and sporting goods.

Move inside the home and cover one room at a time. You might want to start with artwork or wall hangings and then move onto the floor. Remember to include all high-valued items like antiques, collectibles, silverware and jewelry.

Electronics are a key part of any personal property inventory. TVs, stereos, cell phones, ipads and laptops should be included, as well as clothing, furniture and items inside china cabinets and storage bins.

As you videotape each item, it's important that you verbally state when each item was purchased, its value, any special features and the model and serial number. If you choose to photograph these items instead of videotaping them, write all pertinent information on the backs of the pictures.

When the inventory is complete

Once you've completed the inventory, copy everything including paper lists, videotapes, receipts, computer printouts, appraisals and photos. Store one set in a secure place in your home, and store the other off the premises in a safe deposit box or with a friend or relative.

Update your inventory every four to six months to ensure that the information is accurate and reflects all items in the home. Save all the receipts for newly purchased items, and make sure to update your inventory as soon as you make a major purchase and delete the items you no longer have.

How to file an auto insurance claim

Wed, 15 Apr 2026 15:00:51 GMT

When a covered accident happens, take these steps to file your claim

1. Call your insurance professional/agent as soon as possible — even from the scene of the accident —regardless of who is at fault. Even if the accident appears minor, it’s important to let your insurance agent know about the incident and to find out whether your auto insurance policy covers you for the particular loss.

2. Use a mobile app to jumpstart your claim. Many insurers now offer apps that allow you to report a claim, check the status, upload photos, check your deductible, schedule an appraisal, reserve a rental car and request reimbursements for towing and glass claims. Some apps even allow you to notify the insurance adjuster what happened by visually re-creating the events and circumstances of your car accident. Many insurers now require or strongly encourage app/photo submission, so check with your insurer to see if they have a preferred filing method.

3. Find out what documents are needed to support your claim. Your insurance company will require a “proof of claim” form and, if you filled one out at the scene of the accident , a copy of the police report. Your insurer may have a feature on its website that allows you to monitor the progress of your claim.

4. Understand the timing of your claim. To avoid missing a critical claim deadline, ask:

Does my policy contain a time limit for filing claims and submitting bills?
Is there a time limit for resolving claims disputes ?
If I need to submit additional information, is there a deadline?
When can I expect the insurance company to contact me?

5. Find out whether or not your policy pays for a rental car if your car needs to be in the shop for repair, and learn about the estimate and repair process as it relates to claims.

6. Supply the information your insurer requests. Fill out the claim forms carefully. Keep thorough and organized records of anything related to the claim, including the names and phone numbers of everyone you speak with at your insurer and copies of any bills related to the accident. Contact your adjuster, your insurance professional or your state insurance department if you have any questions.

Source: https://www.iii.org/article/how-do-i-file-claim

Vehicle Thefts Declined 23% Last Year per NICB

Mon, 13 Apr 2026 15:59:55 GMT

Theft Levels Decline as Nationwide Prevention Efforts Yield Results

In 2025, vehicle thefts across the U.S. declined to the lowest levels in several decades, down 23% from 2024, according the National Insurance Crime Bureau (NICB).

A total of 659,880 vehicles were reported stolen nationwide last year, a historic low figure for U.S. vehicle thefts and a clear signal of the end of the pandemic-fueled surge in vehicle thefts. This past year’s decline in vehicle thefts follows a significant 17% drop in vehicle thefts in 2024 – previously the largest decrease in thefts in 40 years.

While the national decline is encouraging, vehicle theft remains a significant crime affecting hundreds of thousands of Americans each year. Even as this historic milestone is reached, one vehicle is still stolen every 48 seconds. In some urban areas, the risk of theft is even greater.

“Coordinated prevention efforts by law enforcement, auto manufacturers, insurance companies, and the National Insurance Crime Bureau are having a major impact on vehicle thefts nationwide,” said NICB President and CEO David J. Glawe . “But with several hundreds of thousands of vehicles stolen in a single year, vigilance and prevention efforts remain key to protecting families, businesses and communities nationwide.”

In 2025, several states saw substantial year-over-year decreases in their vehicle theft numbers. Washington State experienced the largest percentage decrease of any state with 39% less vehicles stolen in 2025 compared to 2024. Colorado and Puerto Rico followed closely with 35% and 34% declines in vehicle thefts.

Despite national progress, vehicle thefts still bring immense financial losses and personal disruption for victims.

To prevent vehicle thefts from occurring, NICB recommends the following tips for vehicle owners:

While in your vehicle:

Park in well-lit areas . Increased visibility deters thieves, so always park in a well-lit parking lot or spot near a streetlight.
Roll up your windows . Limit point of access by making sure your windows are rolled up before you exit your vehicle.

When exiting your vehicle:

Lock your doors . Some criminals walk through parking lots testing handles to choose which vehicle they take, so always lock your car before you leave it.
Never leave your vehicle running while unattended . An empty vehicle with the engine running is practically an invitation to opportunistic criminals. Always turn off your vehicle when you exit.
Always take your keys with you. Even if you’re picking up a quick coffee or running back inside your house for something, it only takes moments for thieves to jump in and drive off with your car.

For an additional layer of security:

Consider using anti-theft technology . These items include steering wheel locks, audible alarms, kill switches, or aftermarket GPS tracking like air tags. These items deter thieves from targeting your car, and if they do take it, ultimately make it easier to find.

Vehicle theft may not be evenly distributed across the country, but as a crime of opportunity, no community or individual is immune.

Source: https://www.nicb.org/news/news-releases/us-vehicle-thefts-experience-historic-decline

It’s Exquisite! Now Protect It

Wed, 25 Mar 2026 16:21:56 GMT

Your own treasured pieces of jewelry may be priceless and irreplaceable in terms of sentimental value. But you can minimize the financial harm that results from loss, theft or damage.

Rings, necklaces, bracelets, earrings or even crowns can be more than just bling. They acknowledge milestones, reward achievements and symbolize relationships.

They’re among our most precious possessions. Your own treasured pieces of jewelry may be priceless and irreplaceable in terms of sentimental value. But you can minimize the financial harm that results from loss, theft or damage.

Warranty as a Limited Protection

A jewelry seller or manufacturer may offer a warranty. It’s only for newly purchased jewelry and probably only covers manufacturer defects — for example, your ring is delivered with a scratch or a loose stone. The warranty won’t cover theft or loss. And if the piece isn’t new or you’re not the original purchaser, you must find another form of protection.

Homeowner’s or Renter’s Insurance

Most homeowner’s and renter’s insurance policies offer coverage for jewelry, but it can be limited in three ways:

Dollar amount. The policy specifies a maximum amount the insurance company will pay.
Valuation method. The policy allows the insurance company to calculate loss payment based on an item’s actual cash value (ACV), which usually is less than the cost to replace it. For example, factoring in depreciation, the ACV of a 10-year-old necklace is $500. But the current cost to replace the necklace with one of similar type and quality is $3,000.
Cause of loss and damage. For example, a policy may cover the theft, but not the accidental loss of an item of jewelry. The jewelry coverage in a homeowner’s or renter’s insurance policy often can be enhanced.

Some companies offer endorsements or “riders” that can increase the amount of coverage on a specific item as well as broaden the valuation method and the causes of loss or damage.

Jewelry Insurance Policy

A separate policy for jewelry can be your best solution, for several reasons:

Separate claim. Buying a jewelry policy avoids the premium increases or nonrenewal that may result from a homeowner’s or renter’s claim.
No deductible can be an option with a separate policy. 3. The broadest valuation options and causes of loss or damage are available because jewelry policies specifically address common sources of claims such as “mysterious disappearance,” and they routinely cover replacement cost.

Protect Your Bling

Today’s annual pricing for a jewelry policy is usually $1 or $2 for every $100 that it would cost to replace. For example, if a ring’s replacement cost is $10,000, it would cost between $100 and $200 per year to insure it on its own policy. Discounts may be available for showing evidence of security, such as a home alarm system or storage in a safe.

An appraisal from a certified gemologist is required for a jewelry policy. The appraisal is used to determine the item’s replacement cost, not its current market value. Since the replacement cost of jewelry will vary over time, an appraisal is recommended (and may be required) every few years.

If you purchase a jewelry policy, be sure to notify your insurer of changes in ownership and address. For example, your mother’s heirloom necklace might currently be insured by her at her home address. Once it’s given to you, you must notify the insurer because it’s likely the policy will need to be changed or a new policy issued to keep coverage intact.

A Jewel of a Relationship

We understand that you treasure that precious piece of jewelry, whether it’s a new p urchase or a family heirloom. More importantly, though, we can offer reputable advice on the best way for you to adequately protect it.

Ride Sharing? Understand the Risks

Wed, 25 Mar 2026 16:21:29 GMT

Are You a Ride-Sharing Driver? What If Your Passenger, Another Driver, or Your Vehicle Is Injured?

As a ride-sharing driver, you must answer two critical questions before you accept your first fare: First, will my insurance help me if my passenger or another party is injured while I am driving for a ridesharing service? Second, will my insurance help me if my vehicle is damaged while I’m transporting passengers for a ride-sharing company?

To answer those questions, here’s information you need to understand about insurance coverage—or lack thereof—in a typical personal auto insurance policy:

Livery Conveyance & Your Personal Auto Insurance

“Livery conveyance” is a critical term in a typical personal auto insurance policy. As defined by the International Risk Management Institute, it means “the transporting of people and/or goods for hire, such as by a taxi service, motor carrier, or a delivery service.” The typical personal auto insurance policy is not designed to cover the exposures associated with a vehicle being used as a livery conveyance.

Liability

“How much liability insurance should I buy?” When insurance professionals are asked this question, they sometimes respond, “That depends: How serious is the accident going to be?”

You might think that is not a helpful answer, but its purpose is to remind you that there is no way to predict the severity of an accident before it happens. A horrific-looking accident may cause little or no injury to those involved. Conversely, a seemingly harmless fender bender could leave someone with a permanent neck injury. The point is that liability claims are unpredictable and, if not adequately covered, could prove financially devastating to the at-fault driver.

As we’ve explained, most personal auto insurance policies exclude liability coverage if the accident occurs while the vehicle is being used as a livery conveyance.

This means that:

If you cause an accident while at work transporting passengers and are determined to be the at-fault driver, and
You are sued by an injured passenger or by another party for damages, then
Your personal auto insurance will contribute no dollars to cover those damages caused, nor will it pay your legal defense costs.

Medical Payments

Many personal auto insurance policies include a coverage called “medical payments.” This coverage will pay reasonable medical expenses resulting from injuries suffered by the vehicle’s passengers. Each injured person can receive up to the full coverage limit of medical payments (for example, $1,000). However, many policies will exclude medical payments to passengers if they are injured while the vehicle is being used as a livery conveyance.

Uninsured or Underinsured Motorist (UM/UIM)

This insurance is normally available to compensate passengers in your vehicle should they be injured in an accident caused by an at-fault driver who has no insurance (UM) or not enough insurance to pay the full cost of damages (UIM). However, many policies will exclude UM and UIM to passengers if they are injured while the vehicle is being used as a livery conveyance.

Damage to Your Vehicle

Maybe it’s because yo ur lender requires it. Or maybe it’s because you don’t have enough extra money to pay for it yourself. Regardless of why, many people purchase insurance to cover the cost of repairing their vehicle should it be damaged in an accident. This type of insurance goes by man y names (“physical damage,” “damage to your auto,” “collision” and “comprehensive,” just to name a few) and is typically sold with a deductible. Normally, once the deductible amount is exceeded, the insurance company will pay to repair the vehicle or, if it’s totaled or stolen, pay the cash value of the vehicle at the time of the loss.

Unfortunately, many personal auto insurance policies also exclude this coverage should the damage occur while the vehicle is being used as a livery conveyance.

Protect Yourself

The conclusion is clear: A typical personal auto insurance policy will not provide coverage while you are using your car as a livery conveyance, and an uninsured loss could greatly exceed the extra money you earn driving for a ride-for-hire service.

Consult an expert. W e can examine your policy, explain your coverages and outline your options to protect yourself before you sign on the dotted line and agree to transport your first fare.

Lightning in a Bottle

Mon, 27 Oct 2025 18:45:03 GMT

Lightning-related homeowners claims fell

Lightning-related homeowners insurance claims in the U.S. fell sharply in 2024, totaling $1.04 billion in payouts—a 16.5% decrease from 2023, according to the Insurance Information Institute (Triple-I). The number of claims also dropped 21.5% year over year to 55,537, marking the lowest volume since before 2017.

Florida led the nation in lightning claims, followed by Texas and California. While the national average cost per claim was $18,641, Texas saw the highest average at $38,558. Ground surges—electrical currents from lightning strikes—accounted for nearly half of all reported damage, often harming appliances and home infrastructure.

Experts attribute the decline in claims to increased awareness and better mitigation strategies, though lightning remains a significant and costly threat. As storm seasons intensify, homeowners in high-risk areas are encouraged to invest in protective measures.

Priced Out

Thu, 23 Oct 2025 19:30:00 GMT

Young Americans wrongly assume high cost of life insurance

Young Americans dramatically overestimate the cost of life insurance, which may be preventing them from securing needed coverage, according to the "2025 Insurance Barometer Study" from LIMRA and Life Happens. Adults aged 18 to 30 believe a $250,000, 20-year term policy costs 10–12 times more than it actually does.

This knowledge gap contributes to a persistent coverage shortfall. Among Generation Zers and millennials who say they are not knowledgeable about life insurance, 53% report having a need gap—meaning they acknowledge needing life insurance or more of it but haven’t purchased coverage. Cost is the most cited reason, with 48% of millennials and 39% of Gen Z citing perceived expense as the primary barrier.

Even with the growing use of social media and artificial intelligence (AI) for financial education, with 3 in 5 of young adults saying they would use an AI tool to research a life insurance policy, uncertainty remains. Specifically, one-third of young adults say they don’t know how much insurance they need or what type to buy.

4 IN 5

ADULTS UNDER THE AGE OF 45 USE SOCIAL MEDIA TO LOOK UP

INFORMATION ON FINANCIAL SERVICE PRODUCTS.

SOURCE: LIMRA AND LIFE HAPPENS

Identity Under Siege

Wed, 15 Oct 2025 19:15:00 GMT

Impersonation scams are surging

Impersonation scams are surging, fueled by artificial intelligence (AI)-powered deception tactics, according to new data from the Identity Theft Resource Center (ITRC). Between the first quarter of 2024 and the first quarter of 2025, 9,038 identity-related crimes were reported. Of these, 52% involved the misuse of personal information and 35% involved data compromises.

Scammers most often impersonate businesses, reported in 51% of cases, followed by the impersonation of government agencies (32%) and financial institutions (21%). These scams often involved spoofed emails, fake websites and fraudulent customer service lines. Sensitive information most frequently stolen includes Social Security numbers (9%), driver’s license numbers (7%) and payment card details (4%).

Multiple incidents are also rising: 24% of victims reported more than one identityrelated event—up from 15% the year prior.

22%

OF IDENTITY MISUSE INSTANCES INVOLVED TAKING OVER A CHECKING ACCOUNT.

SOURCE: ITRC

Claims Down, Costs Up

Tue, 07 Oct 2025 19:00:02 GMT

Property claims down but soaring claims valuations complicate the picture

Property insurance claims hit a five-year low in the first quarter of 2025, according to Verisk’s "Quarterly Property Report," with total claims volume dropping 7% year over year—even amid major events like the Palisades and Eaton wildfires in California in January. The decline continues a trend that began in 2023.

However, soaring claim values and rising reconstruction costs are complicating the picture.

Replacement cost value (RCV) surged 46% nationally compared to the first quarter of 2024. The surge was driven by the California wildfires, which led to $10 billion in losses and an average claim of $337,000. Fire-related losses jumped 40%. Nationally, wind and hail still accounted for nearly half (47%) of all claims, though this was down 7% from 2024.

Regional trends underscore shifting weather risks: Texas led in total claims, with wind and hail making up 95% of its catastrophe volume. Meanwhile, Kentucky and Nebraska saw a 200% spike in wind and hail claims. Reconstruction costs rose 5.2% nationwide, with labor—particularly for concrete masons—driving most of the increases.

Risk Reset

Tue, 30 Sep 2025 19:45:00 GMT

Americans reassessing extreme weather protections

Extreme weather and economic strain are prompting Americans to reassess how well they’re protected, according to Church Mutual’s "Risk Radar Report—Insurance Pulse Check," which found that nearly two-thirds (63%) of U.S. adults have reviewed their property insurance coverage within the past six months.

Meanwhile, risk awareness is rising across generations. While baby boomers were most likely to say they understand their policies "extremely well" (55%), millennials and Generation X weren’t far behind at 53% and 52%, respectively. And Generation Z is getting in the game too, with 63% saying they’re proactively seeking information to protect their property.

Meanwhile, 50% of respondents believe they live in areas that are vulnerable to severe weather and 1 in 3 worry that intensifying storms could make insurance unaffordable in the future.

While many consumers are more mindful of risk, their actions remain reactive. If dropped by a provider, 77% say they would seek other coverage, and 56% would look for ways to prevent property loss.

60%

OF U.S. ADULTS SAY THEY FEEL ADEQUATELY COVERED BY THEIR CURRENT INSURANCE POLICIES.

SOURCE: CHURCH MUTUAL

Premium Pressure

Mon, 22 Sep 2025 20:00:00 GMT

Home insurance premiums rose nationally

Home insurance premiums rose 20% in 2024 to a national average of $2,072, according to Rate Insurance’s analysis of its book of business. The highest average premiums were seen in Colorado ($3,280), Texas ($3,115) and Oklahoma ($2,918). Those states are particularly vulnerable to severe weather events, such as hailstorms and tornadoes, the report pointed out.

Meanwhile, the largest increases occurred in Hawaii (35.92%), California (35.91%) and Idaho (33.32%). While increases in Hawaii and California can be attributed to natural disaster risks and the resulting reinsurance costs and limited carrier ability, Idaho’s jump has been caused by a large amount of population growth over the past decade.

The lowest homeowners premiums can be found in Washington, D.C. ($985), Vermont ($986) and Oregon ($1,123) with their more stable claims environments and lower catastrophe exposure.

Coverage is shifting as home valuations and the costs of materials and labor continue to rise. In 2024, deductibles under $1,000 account for just 4.95% of Rate Insurance’s book of business, representing a 56% year-over-year decrease.

78%

THE AVERAGE INCREASE IN HOMEOWNERS INSURANCE PREMIUMS OVER THE PAST SIX YEARS.

SOURCE: RATE INSURANCE

Empty Pockets

Fri, 19 Sep 2025 17:55:04 GMT

Americans More Worried About Financial Depletion

Sixty-four percent of respondents say they’re more worried about financial depletion than dying, according to Allianz Life’s 2025 "Annual Retirement Study," with Gen Xers (70%) and millennials (66%) expressing the most concern. High inflation (54%), uncertainty about Social Security (43%), and taxes (43%) are the leading contributors to this anxiety.

Despite widespread concern, most Americans aren’t saving as much as they’d like for retirement. Everyday expenses (63%), credit card debt (40%), and housing costs (35%) are the biggest barriers. When asked how they plan to address their concern, respondents pointed to increasing retirement savings (44%), cutting current spending (41%), and delaying retirement (39%) as the most helpful strategies.

62% OF AMERICANS SAY THEY ARE NOT SAVING AS MUCH FOR RETIREMENT AS THEY WOULD LIKE

Conversations with financial professionals remain limited. Only 23% of Americans have discussed this concern with an adviser, down from 28% in 2024.

SOURCE: ALLIANZ LIFE

Dog-Gone Expensive

Tue, 16 Sep 2025 20:20:14 GMT

Don't get collared with a dog bite claim

Dog-Gone Expensive

Source: iamagazine.com

Dog bites and other dog-related injuries cost U.S. insurers $1.6 billion in 2024, according to the latest claims data analysis from Insurance Information Institute (Triple- I) and State Farm, demonstrating that dog-related claims have increased significantly in both frequency and cost.

There were 22,658 dog-related injury claims in the U.S. in 2024, up nearly 19% from 2023. The number of instances has increased 48% over the past decade. Additionally, the average cost per claim reached $69,272 in 2024, an increase of 18% from 2023—and an increase of 86% over the past decade.

Nearly 46% of U.S. households own dogs, according to the American Veterinary Medical Association (AVMA). Triple-I recommends important safety tips to help dog owners take responsibility. Foremost among those is to never leave children unsupervised with dogs, even family pets, as more than 50% of all dog-related injuries happen to children, according to the AVMA.

Determining the Best Auto Insurance for Your Needs

Tue, 12 Nov 2024 21:55:09 GMT

Connecticut’s Auto Insurance Requirements

Choosing the right auto insurance plan is crucial for protecting yourself and your vehicle. At The Siegel Insurance Agency, we understand the unique needs of drivers in Connecticut and are here to help you navigate the complexities of auto insurance. Here’s what you need to know about Connecticut’s requirements, the importance of car insurance, and how to save money on your policy.

In Connecticut, drivers are required to carry a minimum amount of auto insurance to legally operate a vehicle. The state mandates the following coverage:

Bodily Injury Liability: $25,000 per person and $50,000 per accident
Property Damage Liability: $25,000 per accident
Uninsured/Underinsured Motorist Coverage: $25,000 per person and $50,000 per accident

These minimums ensure that you are financially protected in the event of an accident. However, many drivers opt for higher coverage limits to provide additional protection.

Have No Doubt, Car Insurance is Important

Car insurance is not just a legal requirement; it’s a vital safeguard for your financial well-being. In the event of an accident, car insurance can cover medical expenses, property damage, and legal fees. Without adequate coverage, you could be left with significant out-of-pocket costs.

Common Auto Insurance Discounts Across Brookfield, CT & Beyond

Drivers in Connecticut are eligible for various discounts that can help lower their auto insurance premiums. Some of the most common discounts include:

Safe Driver Discount: Maintaining a clean driving record can qualify you for significant savings.
Multi-Policy Discount: Bundling your auto insurance with other policies, such as home or life insurance, can result in lower premiums.
Good Student Discount: Students with good grades may be eligible for discounts on their auto insurance.
Safety Features Discount: Vehicles equipped with safety features like anti-lock brakes, airbags, and anti-theft devices can qualify for discounts.
Low Mileage Discount: Drivers who don’t use their vehicles frequently may be eligible for lower rates.

Separate Ways to Save on Your Auto Insurance Payments

In addition to discounts, there are other strategies to save money on your auto insurance:

Shop Around: Compare quotes from multiple insurance providers to find the best rates.
Increase Your Deductible: Opting for a higher deductible can lower your premium, but be sure you can afford the out-of-pocket cost in case of an accident.
Maintain Good Credit: Many insurance companies consider your credit score when determining your premium. Maintaining good credit can help you secure lower rates.
Review Your Policy Regularly: Life changes, such as getting married, moving, or buying a new car, can affect your insurance needs and rates. Regularly review your policy to ensure you’re getting the best coverage at the best price.

Why Should You Choose The Siegel Insurance Agency?

At The Siegel Insurance Agency, we are committed to providing personalized and comprehensive auto insurance solutions to clients in Brookfield, Danbury, and Bethel, CT. Our experienced team works diligently to find the best coverage options tailored to your specific needs and budget.

Contact Us for a Quote on Auto Insurance

Determining the best auto insurance plan doesn’t have to be complicated. Let The Siegel Insurance Agency help you find the right coverage at the right price. Contact us today for a quote and take the first step towards peace of mind on the road. Call us at (203) 744-5410 to get started.

Benefits to Having Auto Insurance

Mon, 18 Mar 2024 14:45:35 GMT

We are never certain when an auto accident may happen, and having to worry about it at every stop, turn, and yellow light can be overwhelming and avoidable with proper coverage. Auto insurance is required in most states and provides a variety of benefits in addition to the peace of mind you will have knowing that the cost to repair damages, replace parts, or recover the loss of a totaled vehicle is covered. Let's take a look at the other benefits!

Coverage for Related Additional Costs

Additional costs, including any legal fees, medical expenses, and loss of income due to recovery time, are all examples of funds you will have to think about after experiencing a car accident. With auto insurance, you can focus more on investing in your recovery rather than finding a way to pay bills and repair or replace your vehicle.

Initial Investment Can Save Later

Investing in auto insurance offers a financial preventative, which is helpful when you can never anticipate when you will get into an accident or when your vehicle becomes damaged. Auto insurance can cover collisions, injuries, and property damage, which costs can exceed well over the initial amount you pay to invest in auto insurance.

Save Time

Recovering from a car accident takes time, both for you and others' physical well beings and for your financial state. Insurance provides you with the ability to avoid having to haggle and settle with other drivers or property owners involved, assisting with towing services, repair and replacement services, and other responsibilities that need to be handled immediately.

Protect You & Passengers

Car insurance not only can protect the person operating the vehicle, but can also cover those riding in the vehicle. With the right auto insurance policy, you can cover family members and people who are associated with the vehicle you drive, which can also help supplement health insurance. For any injuries, it's important to ask your insurance company about coverage in the event you do not have health insurance, or your health insurance policy will not cover your personal injuries.

Contact Our Auto Insurance Company to Request a Quote!

The Siegel Insurance Agency provides auto insurance coverage and more throughout Brookfield, Danbury, and Bethel, CT. We will provide you with the coverage you need, including liability for injuries, property damage, and more. We are also available to answer any additional questions you may have about what may affect your insurance policies, such as your driving record and what type of vehicle you drive. Call us today to learn more and request a quote!

Why You Need Homeowners Insurance

Tue, 14 Nov 2023 10:21:12 GMT

The Benefits of Homeowners Insurance

Hom e o w n e r s in s uran c e serves as protection for any damage that happens to your hom e , property, or any personal items you and your family members have in your hom e . When you are buying a hom e , it is a requirement that you purchase hom e o w n e r s ' insurance. Here are some reasons why hom e o w n e r 's insurance is necessary to have when you have a hom e .

Protect what you invested in: Most people who purchase a hom e are paying a mortgage for many years, to pay it off in full. Hom e o w n e r insurance is particularly important when the hom e o w n e r is still making payments on their hom e because even if something happens to the hom e , they are still responsible for paying off the loan. However, when a hom e o w n e r purchases insurance there is a list of events that are covered by the insurance company including fires, someone breaking in and stealing stuff, vandalism, and certain damages caused by the weather.

Required when you purchase a hom e : Mortgage lenders will have you purchase hom e o w n e r s ' insurance before they approve your loan. Any lender that has your purchase hom e o w n e r 's insurance is looking to protect their investment because they know if anything unexpected happens to your hom e , they will still get their money. So, if you are looking to purchase a hom e , make sure you factor in the cost of hom e o w n e r s in s uran c e when it comes time to purchase your hom e .

Protects the personal items in your hom e : Hom e o w n e r s in s uran c e also typically covers a certain number of personal belongings that you have in your hom e . Some people keep a list with pictures of particularly valuable items so that if anything is stolen, they can present the list to the insurance company to show what items got stolen.

Unexpected living expenses: Sometimes people must evacuate their hom e s because dangerous molds, carbon monoxide, or other dangerous substances take over. In these situations, hom e o w n e r s ' insurance may cover housing expenses for you elsewhere, while your hom e is uninhabitable.

Contact The Siegel Insurance Agency for more information about homeowners' insurance policies. We want to help you protect your home and everything in it. Our services extend to Brookfield, Danbury, and Bethel, CT .

Why You Need Auto Insurance | Brookfield, CT | The Siegel Insurance Agency

Wed, 20 Sep 2023 20:07:14 GMT

The Reasons You Need Auto Insurance

The privilege of driving is a wonderful thing. It allows us to be able to drive to work, take the kids to school, go grocery shopping, and enjoy life on our terms. Driving comes with numerous responsibilities though too. We must always keep our eyes on the road and adjust our speed according to weather and traffic conditions to keep everyone around us safe. Then if you bought the car with a loan, you would have a monthly car payment. Not to mention car insurance. So, why do drivers need car insurance? Here is why:

Required by Law: All drivers in the state of Connecticut are required to have active auto insurance policies to be able to drive.

Financial Protection: The costs associated with getting into an accident can be expensive, much more than most have in their bank accounts. Insurance helps cover those costs including medical bills, car repairs, property damage, and legal fees.

Peace of Mind: Worried about getting hit by another driver and having expensive repair bills? A car insurance policy gives you the peace of mind of knowing that you have help in covering those costs.

Condition of Loans: Leases and auto loans require car insurance as a condition of your contract. They will require that you have full coverage for your vehicle.

Contact Our Auto Insurance Company Today!

The Siegel Insurance Agency is an insurance agency serving the Brookfield, CT area. We help drivers find affordable auto insurance policies that meet their needs. Our insurance agents can discuss your exact needs and get you a policy that protects you and your vehicle. Contact us today for a free insurance quote !

News of the Week 10-15-18

proadAccountId-334270 — Mon, 15 Oct 2018 17:07:50 GMT

Texting While Driving – Will It Affect My Insurance? YOU BET!

The National Safety Council reports that cell phone use while driving leads to 1.6 million crashes each year. Nearly 390,000 injuries occur each year from accidents caused by texting while driving. 1 out of every 4 car accidents in the United States is caused by texting and driving.

According to the National Highway Traffic Safety Administration, texting behind the wheel takes a driver's eye off the road for an average of 4.6 seconds, which is the time it takes to go from one end zone to the other. ... In that same survey, more than 90 percent of drivers know texting while driving is dangerous.

Five years ago, Newsday reported that texting and driving usurped drinking and driving as the number one killer of teens behind the wheel. While parents of new drivers know about the dangers of distracted driving, the smartphone has remained one of the biggest dangers among new drivers. According to the Department of Transportation’s National Highway Traffic Safety Administration, distracted driving is the culprit behind nine percent of the fatal crashes among the 15-19 age group. In 2015, distracted driving killed more than 3,000 individuals—or about 9 people each day.

Law Enforcement is starting to take note and police departments are getting creative in attempting to curb this dangerous trend. State police in Chattanooga, Tennessee, have been known to patrol in a tractor-trailer so they can sit up high and spot drivers texting behind the wheel. In Bethesda, Maryland, a police officer disguised himself as a homeless man, stood near a busy intersection and radioed ahead to officers down the road about texting drivers. And in West Bridgewater, Massachusetts, south of Boston, an officer regularly tools around town on his bicycle, pedals up to drivers at stoplights and hands them $105 tickets.

In New York, texting tickets soared from about 9,000 in 2011 to nearly 85,000 in 2015. In Massachusetts, they rocketed from about 1,100 to a little over 6,100 over the same period. In California, the number of people found guilty of texting while driving climbed from under 3,000 in 2009 to over 31,000 in 2015.

The auto insurance industry has taken note. Some companies have begun to surcharge premiums for those with cell phone violations the same as they would for a DUI. For many drivers that could mean an increase in premium of hundreds of dollars for a period of 3 to 5 years.

Anyway you look at it – texting while driving is a BAD BET.

*Material for this blog was obtained from various online sources

News of the Week 7-9-18

proadAccountId-334270 — Mon, 09 Jul 2018 20:09:50 GMT

Connecticut Homeowners – Coming Your Way

The Connecticut legislature is ironing out the final details of Public Act 18-160. This legislation will add a $12 fee to every homeowners insurance policy (not including tenant) issued in the state. The funds collected will be deposited in the Healthy Homes Fund established for the sole purpose of assisting homeowners whose foundations are crumbling due to phyrrhotite (iron sulfide) content in the concrete that was used.

This type of loss is not covered by insurance. Cracking may appear as variegated, "random pattern" in concrete slabs, walls, and foundations whose concrete contains high levels of pyrrhotite. Moisture as well as oxygen react with this iron sulfide material, causing it to swell with tremendous force, causing varied-pattern cracking in the concrete. The fee will be charged starting January 1, 2019 until December 31, 2029.

News of the Week 4-30-18

proadAccountId-334270 — Mon, 30 Apr 2018 20:48:52 GMT

When Motorcycle and Cars Collide

When motorcycles and cars collide there can never be a good result. As our Connecticut weather improves more and more motorcycles will be taking to the road. And as that happens the incidence of motorcycle-car collisions will increase. By definition, accidents are not intentional acts. They occur because at least one driver is inattentive, distracted or uses bad judgement. Motorcycles may be hard to spot or maybe traveling faster than you thought but inevitably with little protection, and in Connecticut, many cyclists without a helmet, serious injury or death to the motorcyclist are is not an unusual result putting the drivers of cars in serious financial peril

The following material is obtained from “ctbythnumbers” :

The state Department of Transportation expects 47 motorcyclists to die in traffic accidents in this year and next. According to a Department of Transportation report for Fiscal 2017, there was a fluctuating number of motorcyclist fatalities from 2010 to 2014, with a low of 37 in 2011 and a high of 57 in 2013. Those numbers are expected to remain constant, department projections indicate.

The report said the majority of motorcycle fatal and injury crashes occurred between the hours of noon and 8 p.m. and the crashes most commonly happened on Saturdays and Sundays. Most fatal and injury crashes occurred in the summer months, and almost all motorcycle operators involved in crashes were male.

Cited most often as contributing factors were “driver lost control,” “driving too fast for conditions,” and “road condition/object in road.” In multiple vehicle crashes where the other driver was at fault, the major contributing factor in 47 percent of these crashes was failure to grant the right-of-way, the DOT report indicated. May is Motorcycle Safety Awareness Month.

Only about 42 percent of motorcyclists in Connecticut wear helmets, according to Neil Chaudhary, PhD, leader of a Trumbull team of premier investigators on behavioral traffic safety-related issues at Preusser Research Group, Inc. In states where helmets are required, there is near 100 percent compliance, he recently told the Newtown Bee, adding professional driver training, offered throughout the state, can help riders to develop stronger defensive driving skills.

The Connecticut Transportation Safety Research Center reports the estimated loss to the state from motorcycle related injuries and death is $400 million. The group says helmet use reduced the risk of death by 37% and head injuries by 69%, FOX61 reported.

The National Highway Transportation Safety Administration (NHTSA) reports that about 5,000 motorcycle operators and hundreds of motorcycle passengers lose their lives in accidents each year in the United States. These numbers account for about 13 percent of total traffic fatalities, even though motorcycles account for just three percent of all registered vehicles, the Newtown Bee reported. In addition to the fatalities, about 100,000 operators and passengers are injured each year.

News of the Week 3-28-18

proadAccountId-334270 — Wed, 28 Mar 2018 21:32:14 GMT

Pedestrian Deaths On the Rise

According to an article in the Standard, for the second year is a row, pedestrian deaths will hover around 6,000 accounting for almost 16% of deaths involving motor vehicles as opposed to 11% a few years ago. This based on data compiled by the Governors Highway Safety Association GHSA). The GHSA attributes this alarming trend to the use of smartphones and the legalization of recreational marijuana. According to the data, for the period 2012 to 2016, the seven states and D.C. that legalized marijuana use experienced a 16.4% increase in pedestrian deaths as compared to a 5.8% decrease in the states that didn’t.

News of the Week 3-5-18

proadAccountId-334270 — Mon, 05 Mar 2018 19:45:39 GMT

Homeowners Insurance 101: Policy Declarations

The typical Homeowners Insurance policy in use today is a “package” policy that includes all sorts of coverage, some of which is obvious but some of which is not. The average policy will include about 50 pages of text that details the policy coverages, conditions, limitations and exclusions. Also, there is a sections that is referred to as the policy Declarations.

The policy Declarations tailor the policy to the needs of a specific insured and make the policy unique to the individual or individuals listed as the “Named Insured”. In addition to showing the Named Insured, the Declarations pages specify the insurance company providing the coverage, the policy number, the policy term, the location that is insured, the coverages and limits that apply, the coverage forms that apply, list any additional interests and show the policy premium.

Our next article will continue our “journey” of discovery into the land of the Homeowners insurance policy.

News of the Week 2-26-18

proadAccountId-334270 — Mon, 26 Feb 2018 21:34:08 GMT

Social Engineering

When you first hear the term “Social Engineering” your mind might have you thinking about some oppressive government manipulating its population for some devious purpose. In today’s internet world however that term has a completely different connotation.

“Social Engineering”, in today’s context, refers to a type of fraud that occurs in a multi-stage process. The perpetrators, through various means, obtain information about an intended target; enough to convince the target that they are legitimate but not enough to actually commit the crime. Using the information that they have, the criminals attempt to trick unwitting victims into providing them the additional confidential information needed for them to execute fraudulent funds transfers.

One of the most common ploys to obtain the necessary information is an interactive Phone Phishing scheme which uses a legitimate sounding phone, text or email message that is made to appear to be coming from a financial institution or business that is recognizable to the intended victim. The recipient of the messagel is asked to “verify” their personal information. This information can then be used to execute the crime.

According to the FBI’s 2016 Internet Crime Report, the FBI Internet Crime Center received over 12,000 complaints that represented losses of over $360,000,000.

News of the Week 2-14-18

proadAccountId-334270 — Wed, 14 Feb 2018 15:15:31 GMT

Weather Disasters in 2017

According to an article in The Standard , 2017 was a year in which global economic loss was $344 Billion. Of that loss, 97% was due to weather related events. These events included several Caribbean hurricanes and a number of typhoons that hit China and Australia. Insured losses added up to $134 Billion.

Losses in the US were mainly as a result of hurricanes ($80B), tornados and wildfires ($14B) mostly in California.

Aside from the economic loss, natural disasters accounted for the loss of about 10,000 lives with the most tragic even being the loss of more than 1,100 due to a landslide in Sierra Leone.

News of the Week 1-25-17

proadAccountId-334270 — Thu, 25 Jan 2018 21:33:42 GMT

Frozen?

Some of the most severe claims that we have experienced over the years involve water damage caused by frozen pipes. The most common causes are

Malfunction of the heating system
Oil/Gas running out; including oil company failure to deliver
Setting thermostats too low
Poor insulation

While some of these causes can be prevented others cannot. If you experience a frozen pipe the first thing to do is shut off the main water valve. If you are not able to determine where the problem is – contact a professional. Most expenses that result from a frozen pipe occurrence will be covered by your homeowners insurance but you will have to demonstrate to the insurance company that you took reasonable care to maintain heat.

If you are away from home there for days at a time during the winter season you may wish to consider installing a low temperature monitor that will alert you or an alarm company when the temperature in your home drops below a safe level. Other preventive measures that you should consider:

Raise the minimum setting on your thermostat during extremely cold weather so that adequate heat is maintained in remote areas of the house
Drip the faucets that are on exterior walls
Increase insulation around vulnerable pipes or use heating wires to keep these pipes warm

News of the Week 12-7-17

proadAccountId-334270 — Tue, 12 Dec 2017 18:23:17 GMT

How Your Credit Affects Your Insurance

How is credit information used in determining my rate?

Most insurance companies calculate an insurance score based on information from your credit report. Each company will assign different values or weights to the information contained in your credit report, such as payment history, amounts owed or the number of applications for new credit lines. The total sum of these weights creates your insurance score. As a result, it is likely that some of your credit information helped to improve your inurance score, and some lowered it. The calculation process and weights used by each insurance company and/or its service providers are proprietary and confidential. As a result, they do not disclose your specific score or the details of how it was calculated. So when we as agents obtain a quote on your behalf all we see is the final price. Even company employees have no access or flexibility to override the premiums determined for any risk by their secret algorythms.

News of the Week 11-30-17

proadAccountId-334270 — Thu, 30 Nov 2017 00:00:00 GMT

How Your Credit Affects Your Insurance

Why do insurance companies use credit information in rating personal insurance?

Insurance companies often use credit information because, according to them, it is a predictor of the probability of future losses. Its use is an objective way to assess and price potential risk and enables them to more accurately price policies and equitably distribute insurance costs among their policyholders.