Decoding Homeowners Insurance: Top 10 Terms for First-Timers

| December 12, 2019

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You’ve saved your hard-earned dollars for years and you shouldn’t part with it easily or uninformed. You’ve searched and toured open-houses and imagined how your furniture, artwork, and other belongings would look in this home versus the next. After all your searching, you’ve finally found the perfect house. The process of making the biggest investment of your life can be complex and intimidating, but your search is over. And now, you need to care for that investment. Caring for your new home goes beyond weekends spent at Home Depot and DIY painting and landscaping – the most important way to care for your first home is by investing in homeowners insurance which will safeguard damage to the property and your financial wellbeing.

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Bankers Insurance, LLC

Bankers Insurance, LLC is a full-service, independent insurance agency headquartered in Richmond, Virginia. Since our inception in 1999, we have experienced tremendous growth and have secured our status as one of the leading agencies in the insurance industry. We pride ourselves on being one of the largest small agencies in the Virginia/North Carolina region. This allows us to offer our clients all of the resources and benefits of a large agency without sacrificing the most important aspects: local customer service and management.

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Impact of Coronavirus on Life and Health Insurance Policies

Article | March 25, 2020

Coronavirus has caused 9 deaths in India so far, with confirmed cases to touch the 600 mark soon. As numbers increase rapidly, how can health and life insurance policies come to your aid if you or your family member is tested covid-19 positive? Earlier this month, the Insurance Regulatory and Development Authority of India (Irdai) had issued guidelines for health insurers asking to expedite coronavirus related claim settlement in the case of hospitalisation.

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How AI is transforming the Insurance Sector

Article | March 16, 2020

The use of AI (Artificial Intelligence) is revolutionizing the working system of different industrial sectors and insurance is just one of them. Besides the insurtech companies that are vouching for AI tools, the traditional insurance companies too are now showing eagerness to shift their business processes to AI based technologies. As masters of digital technology and established website design company in Mumbai, we understand the reasons behind its rising popularity. AI technology has the potential to optimize efficiencies- enhance customer satisfaction, manage risks, detect frauds and improve the claim management system and more.

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How Prepared are Insurtechs Against the Threat of Coronavirus?

Article | March 13, 2020

The losses and costs resulting from the outbreak of coronavirus are estimated to be in the enormous sum of four trillion US dollars – but we don’t see this as reason to panic. Thanks to a mobile-first approach, technical infrastructure and direct sales, insurtechs are protected against the crisis and, right now, they are one of the most promising business models, in one of the largest markets in the world. The developments surrounding coronavirus could therefore even be described as a catalyst for insurtechs. Crises reveal how strong a digital business model is. And coronavirus in particular demonstrates the extent of the technological lead over traditional insurers.

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Best Business Insurance for 2020

Article | February 26, 2020

Hopefully, you’ll never have to use your business insurance. But just like car insurance or health insurance, protecting your business from unexpected situations is crucial. However, 44% of small business owners don’t have insurance. This statistic is shocking. If you’re uninsured or underinsured, your company could potentially go bankrupt if something goes wrong, and you’re forced to pay out of pocket.

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Spotlight

Bankers Insurance, LLC

Bankers Insurance, LLC is a full-service, independent insurance agency headquartered in Richmond, Virginia. Since our inception in 1999, we have experienced tremendous growth and have secured our status as one of the leading agencies in the insurance industry. We pride ourselves on being one of the largest small agencies in the Virginia/North Carolina region. This allows us to offer our clients all of the resources and benefits of a large agency without sacrificing the most important aspects: local customer service and management.

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