The insurance industry is one of the most dynamic fields in the United States. New federal and state laws that affect insurers and new products are continually being added. To be compliant and to do the best job possible for your customers, it's important for insurance agents to stay abreast of these new developments. If your office is like most insurance offices, you can't afford to close your doors for even a day so that your staff can be trained on new laws and new insurance products. [Read More]
Deciding Whether or Not to Keep Your College Child on Your Auto Policy
If your child is moving to college, one of the decisions you will have to make is whether to keep them on your auto insurance policy or let them have a separate coverage. This decision may not be entirely up to you; other factors will influence it. These four questions will help steer you in the right direction: Is Your Child Taking the Car With Them? Some college kids leave their cars at home for use during vacation. [Read More]
Could Your Household Income Be Impacting Your Auto-Insurance Rates?
Although most drivers are aware that the number of traffic tickets or prior at-fault accidents on their driving record can be enough to skyrocket their premium rates, many may be surprised to learn that a much more innocuous factor—household income—can be used by many insurance companies to assign risk and set rates. Read on to learn more about how this figure can be used to calculate your insurance-premium rate as well as learn about some options if you don't feel your income adequately reflects your riskiness as an insured driver. [Read More]
What You Need To Know When You Are Required To Get An SR22 Certificate
When your license has been suspended, you may need to secure an SR22 certificate if you want to drive again. This certificate is issued by your car insurance company to prove that you have adequate car insurance coverage. Here are some things to know if you need this certificate. You are Likely to Pay More for Insurance Whether you lose your license because you were at fault in a car accident or because you let your insurance lapse and got caught, be aware that car insurance providers are likely to consider you a high-risk driver if you need an SR22 certificate. [Read More]