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Facts + Statistics: Auto insurance
May 1, 2025

... with a $500 deductible for collision and comprehensive claims. These figures are not comparable with the National Association of ... Tables //--> Auto claims Liability insurance pays for the policyholder’s legal ... (1) For all limits combined. Data are for paid claims. (2) Excludes Massachusetts and most states with no-fault automobile ...


Understanding the insurance claims payment process
May 1, 2025

... and file for an additional amount. Most policies require claims to be filed within one year from the date of disaster; check with your ... backer is a co-insured, they will have to endorse the claims payment check before you can cash it. Depending on the ...   Next steps: We can't reinforce it enough - claims are easier to make when you have a home inventory ready ! ...


Facts + Statistics: Homeowners and renters insurance
February 7, 2025

... theft, accounted for 97.8 percent of homeowners insurance claims in 2022 (latest data available). Changes in the percentage of each type ... are two ways of looking at losses: by the average number of claims filed per 100 policies (frequency) and by the average amount paid for ...


Nine ways to lower your auto insurance costs
January 2, 2025

... that people who effectively manage their credit have fewer claims. To protect your credit standing, pay your bills on time, don’t obtain ...


Understanding your insurance deductibles
May 1, 2025

... you have an insured loss worth $10,000, you would receive a claims check for $9,500. Percentage deductibles generally only apply to ... special deductibles may apply for homeowners insurance claims when the cause of damage is attributable to a hurricane. Whether a ...


Background on: Buying ÐÓ°ÉÔ­´´
May 1, 2025

... with the insurance companies they work with, may also handle claims and even help in the placement of reinsurance contracts—reinsurance is ... of its members, who contributed directly to a fund that paid claims. However, the Friendly Society’s existence was short-lived. It was ...


Triple-I Stresses Preparedness for ‘Above Average’ 2025 Atlantic Hurricane Season
May 1, 2025

... of your home’s possessions, it expedites the insurance claims process if you sustain damage from a storm. Make Your Property ... an Effective Evacuation Plan Settling ÐÓ°ÉÔ­´´ Claims After a Disaster Spotlight on Flood ÐÓ°ÉÔ­´´ Facts ...


Facts + Statistics: Lightning
April 17, 2025

... The number of lightning-caused U.S. homeowners insurance claims increased in 2023 over 2022, but is still less than the average annual number of claims between 2017-2022. In 2023, U.S. lightning–caused claims increased ...


Mitigating risks for climate-related disasters
November 27, 2023

... In 2023, lightning strikes resulted in more than 70,000 claims to homeowner policies and over $1 billion in insured claim payouts. In ...


Triple-I/State Farm: US Dog-Related Injury Claim Payouts Hit $1.57 Billion in 2024
April 16, 2025

... insurers paid out $1.57 billion in dog-related injury claims in 2024, according to the ÐÓ°ÉÔ­´´ Information Institute (Triple-I) ... that in 2024, the number of dog bite and related injury claims was 22,658, an increase of nearly 19% from 2023 and a 48% increase over ...