I’ve had an ongoing conversation with a prospective client on renter’s insurance. She’d been referred to me by a mutual friend who shared I could help her with getting a renter’s policy after moving out of a home she’d lived in for many years. The landlord does not require she have renter’s insurance, however, since she had moved out of a home our friend felt she needed the policy to protect what she owns.
Sheri dipped her toe in the sharing economy a couple of weeks ago when she downloaded the Uber app to her phone and arranged for a ride home from work while the car was in the shop. Since it was a non-peak time, the rate was incredibly affordable and it could not have been easier to arrange. We were both excited by her positive experience. I’m also excited to report Texas car insurance companies are finally providing affordable policies for Uber and Lyft drivers, as well as their passengers.
Homeowner’s in Frisco finds themselves caught between a rock and a hard place as they wait for their homeowners association and neighborhood developer to decide who’s responsible for the collapsing slope behind his home. It also raises a question of what their home insurance policy covers and doesn’t cover.
The National Highway Traffic Safety Administration (NHTSA) sent a letter to the head of Google’s self-driving car program on February 4th stating according to federal safety standards, a self-driving or autonomous vehicle’s software could be considered a “driver.” This announcement, along with a couple of other items that have come to light in the past few weeks provide an interesting perspective on autonomous vehicles and car insurance.
Sheri’s and my home insurance renews in March. Over the past few weeks, we’ve received a number of offer letters from insurance agents with a variety of companies. All of them offer what appears to be huge savings. If I were not an insurance agent, I would be very interested, however, I am an insurance agent and I know what I’m looking at when I read these offer letters. The savings they promise really is too good to be true!
How do car insurance companies handle claims when one of their clients are struck by a driver who doesn’t have car insurance? Most people never think about this, but I see it several times a year as the Dallas / Fort Worth area has historically had the highest percentage of drivers without car insurance, or uninsured motorists, in Texas. The only time most people think about this after they’ve been hit by an uninsured driver.
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