The COVID-19 pandemic has had a significant effect on auto insurance rates and coverage. One of the effects of shutdowns has been a reduction in driving and frequency of accidents, yet there has been an increase in the severity of claims. Here are some of the ways COVID-19 has affected auto insurance policies. Impact on Insurance Costs A dramatic aspect
As a homeowner or a renter, you may wonder if you can get reimbursed for spoiled food resulting from a power outage. After all, it’s not your fault when the electricity that your utility company is supposed to provide goes down for hours. If a refrigerator lacks electricity for too long, it can make certain food unsafe to eat, resulting
Businesses are increasingly prioritizing a concept called “cyber resilience.” It refers to the ability to reduce and overcome cyber threats, which have been on the rise the past decade. COVID-19 has given hackers another avenue to exploit businesses by targeting weak passwords and technical vulnerabilities. As such, businesses must be cyber resilient in the COVID-19 period. How Hackers Breach Data
When premiums start to rise, it can make you consider canceling your policy and choosing a different insurance company. While it’s true you can shop around at any time for new coverage, it’s important to make sure that you don’t have a lapse in coverage for even a day. Here are important things to consider about canceling car insurance. When
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