FAQ: Does my personal auto policy cover a rental car

| October 23, 2018

article image
Everything is in place for your upcoming trip, including a rental car. But wait!! Have you checked your personal insurance policy to make sure you are covered? There are several important considerations when renting a vehicle and Hitchings Insurance Agency Academy reviews them right here!

Spotlight

Cobbs Allen

Cobbs Allen is a risk management and insurance brokerage firm providing-market leading service in traditional commercial insurance, employee benefits, alternative risk financing and structured solutions. Founded in 1887 and headquartered in Birmingham, AL, with offices in Houston, New Orleans, New York, Kansas City and Tulsa, the firm is still owned and led by its employees. For more information about Cobbs Allen, please visit cobbsallen.com.

OTHER ARTICLES

What Will My General Liability Insurance Cover?

Article | March 26, 2020

General liability insurance is one of the most important types of insurance you can buy to protect your business. It is a broad type of coverage that provides protection against general risks. General liability coverage protects you from third-party claims made against your business, such as bodily injury and property damage. It does not cover workplace injuries sustained by your employees – those are covered under workers’ compensation insurance.

Read More

7 Business Models of the Future for Insurers

Article | March 18, 2020

The insurance industry continues to be an enabler of innovation. Since its creation three centuries ago, it has become an essential part of the global economy — providing security and resilience to businesses and individuals alike. But the fundamentals of how it operates have barely changed. As we enter a new decade, the industry must reflect the reality of the needs of today’s businesses and society. Large commercial insurers and reinsurers, in particular, have an increasingly urgent imperative to realign their organizations and modify their offerings to include stronger preventive services against new and evolving threats, including climate change and cyber risk. There is a huge opportunity. Our latest NextWave Insurance report reveals that, should the industry act now, an unprecedented growth and profitability spike is within reach. By 2030, we project that large commercial insurers and reinsurers could experience:

Read More

3 ways AI is transforming the insurance industry

Article | February 24, 2020

As AI, big data, and the internet of things (IoT) find their way into every aspect of our lives, many industries are undergoing a transformation. “Insurance executives believe that artificial intelligence (AI) will significantly transform their industry in the next three years, with insurers investing in AI to empower agents, brokers and employees to enhance the customer experience with automated personalized services, faster claims handling and individual risk-based underwriting processes,” consulting firm Accenture forecasted in 2017.

Read More

Claims - the final frontier for insurtechs

Article | March 4, 2020

What is the insurtech difference when it comes to claims? Jonathan Swift mulls on how the Next Generation is starting to figure this out “The claims experience is really critical to our brand and making sure that customers are saying Digital Risks is who I am insured with. Whilst others struggle with that, we want to be a case that if you have a claim it is Digital Risks who you are dealing with.” This sentiment is interesting because there has perhaps been an – incorrect – assumption that insurtechs are really only focused on acquiring customers by making it as simple as possible.

Read More

Spotlight

Cobbs Allen

Cobbs Allen is a risk management and insurance brokerage firm providing-market leading service in traditional commercial insurance, employee benefits, alternative risk financing and structured solutions. Founded in 1887 and headquartered in Birmingham, AL, with offices in Houston, New Orleans, New York, Kansas City and Tulsa, the firm is still owned and led by its employees. For more information about Cobbs Allen, please visit cobbsallen.com.

Events