Family goes viral with travel insurance caution following nightmare vacation

Travel insurance - Crowd Funding

A motorcycle crash in Thailand left a family crowdfunding for medical costs despite their policy. The day after Christmas, a UK man named Adam Davies was in a motorcycle accident in Thailand and, despite his travel insurance, is now facing massive medical bills due to his serious injuries including a fractured skull. Though he had a policy, the massive medical costs he incurred were not included in his coverage. When Davies consulted with his travel insurance to help pay for the hospital bills that were accumulating for his care, he…

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State Farm’s top location for frozen pipe damage isn’t where you’d think

Frozen Pipe Damage on Building

The insurer has released a list of the top states where water pipes have burst from cold. State Farm has released a list of the top ten states for frozen pipe damage and winter water losses for 2022, and the location at the top of the list might surprise you. Texas was, by quite a large amount, the most expensive state for such damages. Texas claim costs of this nature through State Farm reached approximately $64 million in 2022. As high as the frozen pipe costs were in Texas last…

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Medigap insurance policies are frequently overlooked despite the benefits they offer

Medigap - Benefits of health coverage

About 14 million Americans own a Medicare Supplement policy, including seniors for whom it is viable. Medigap (Medicare Supplement) insurance is often left out of the spotlight when compared to Medicare Advantage, though it has a considerable amount to offer Americans, including seniors, for whom it is a very viable option. Medicare Supplement policies are carried by millions of Americans, but not all options are equal. This year, the American Association for Medicare Supplement Insurance has focused on the delivery of two central messages for consumers regarding Medigap coverage. The…

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Voluntary Advantage Welcomes Steve Clabaugh, CLU, ChFC as Key Contributor

voluntary advantage blog and publication helpful informatoin1

Voluntary Advantage is excited to announce that Steve Clabaugh, CLU, ChFC will be a Key Contributor to their monthly publication for the Voluntary Benefits industry, “The Voluntary Benefits Voice”.  Starting as a Field Agent, Steve had the opportunity to serve in a wide range of capabilities in the insurance industry including: Sales Manager, General Manager, Regional Manager, Vice President, Senior Vice President and President/CEO. A long-time serious student of professional leadership, over the final years of his career, Steve created the Relational Leadership program that has been used to train…

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2022 was a big year for weird lawsuits against companies

Weird lawsuits 2022

The US Chamber of Commerce Institute for Legal Reform released a list of some of the oddest suits. With 2022 behind us, it’s a good time to look back at some of the truly weird lawsuits that were filed against companies throughout the year and that help to explain why business insurance is such an important form of coverage. Every year, the US Chamber of Commerce Institute for Legal Reform publishes a list of ridiculous filings. The 2022 list of weird lawsuits showed that last year wasn’t short on ridiculous…

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Steps to follow if your house is flooded after a frozen pipe

frozen pipe home flood insurance and what to do

If just a frozen pipe has occurred. Be sure to switch off the main water valve and open any faucets connected to the freezing pipes. This will reduce pressure on the pipes and help prevent flooding if they burst. If the pipe is visible, use a hair dryer or space heater to safely thaw any ice blockages. Carefully inspect all exposed pipes for leaks – even with the water turned off, pressure can reveal a leak once it’s been thawed. It is recommended that you contact a professional plumber equipped…

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Colorado homeowners scramble to find affordable wildfire insurance

Wildfire insurance - Homeowners Coverage

State lawmakers are pursuing a government-run plan for property owners to use as a last resort. Residents of Colorado are well aware of the importance of wildfire insurance, following several years of major blazes. That said, they are struggling to find the coverage they need, particularly at an affordable price. State Representative Judy Amabile (D) has seen her own neighbors and constituents struggling. “I am starting to hear some of my neighbors are not getting renewed and I would have never dreamed I was at risk of a wildfire,” said…

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