Insurance

Insurance
47% of Consumers Buy Protection Plans When Durable Goods Cost More Than $500
October 29, 2021

With the rise of eCommerce, frustrating situations like cracked phones, damaged furniture and broken equipment are far too common for consumers, leading them to demand extra coverage to protect their durable goods against mishaps. Product protections and extended warranties, now offered with high-cost goods, promote...

Insurance
Tesla Starts Rollout of Auto Insurance Based on Driving Practices
October 21, 2021

Tesla owners will be able to opt-in to a new program in which the automaker remotely monitors their driving practices and shares the data to determine the driver’s auto insurance premium. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Insurance
The ROI From Smart Home Devices Could Be Coming as Insurers Offer Discounts 
October 13, 2021

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing communications from PYMNTS and...

Insurance
New Data: 67% of Insurance Carriers See Need to Digitize Payments
September 27, 2021

Small businesses that have experienced property loss or damage rely on their insurance companies to give them the funds they need to get back on their feet and stay in operation. Swift resolution of these issues is important to these small companies, and payouts made via...

Insurance
UK SMBs Can Soon Get Amazon Insurance Coverage 
September 27, 2021

Amazon will soon roll out insurance policies for small- to medium-sized businesses (SMBs) across the U.K., broker Superscript told Reuters on Monday (Sept. 27).  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Insurance
InsurTech Startup Super Expands Into Hurricane Coverage
September 24, 2021

Mexican insurance technology startup Super is expanding into hurricane insurance after already offering earthquake coverage, CEO and Founder Sebastian Villarreal said in a Bloomberg report on Friday (Sept. 24), noting that the company could also pursue another fundraising round in 2022. Get the Full Story...

Insurance
Lemonade Debuts Preventative Care Coverage for Puppies and Kittens
September 14, 2021

Expanding upon its health insurance for furry, four-legged friends, Lemonade on Tuesday (Sept. 14) announced the debut of its preventative care offerings for puppies and kittens. Under the new addition to Lemonade Pet, the youngest pet members – up to two years old – can...

Insurance
Vouch Becomes Licensed Insurance Carrier, Rakes in $90M in Funding
September 10, 2021

Vouch announced it has brought in $90 million in new funding and has also become a licensed insurance carrier as well as “the go-to insurance provider for the startup ecosystem,” according to a on Friday (Sept. 10) blog post. Get the Full Story Complete the...

Insurance
Life Happens: Demand Up for Tuition Insurance as COVID Looms Over Another School Year
September 10, 2021

While young people tend to think they’re indestructible, accidents do still happen and can have big consequences for anyone in school. With the cost of private college education routinely topping $50,000, if sickness causes a student to withdraw — even for one semester — the...