Policygenius

08/09/2024

Why pay more for life insurance when it’s easy to compare, save, and pay less? 🤔 You could get a $500K life insurance policy for as little as $0.57/day.

09/20/2023

Author and The Wall Street Journal Personal Finance Reporter Veronica Dagher writes about the risks homeowners are willing to take in their search for insurance savings 💸 https://www.wsj.com/personal-finance/homeowners-insurance-affordable-premiums-deductibles-bbebbcae?

Higher deductibles can lower insurance premiums—but they are a gamble.

09/19/2023

An insightful new piece by Redfin Chief Economist Daryl Fairweather explores the impact of climate change on insurance for homeowners 🏡

Homeowner’s insurance premiums increased by 21% nationally from May 2022 to May 2023 due in part to increasing risks of natural disasters.

08/06/2023

Are you part of the 43% who are paying more for car insurance in 2023? Click through to read how some drivers are attempting to secure a discount 🚗

The number of drivers opting into usage-based insurance is on the rise, but many people are still not convinced by this technology.

08/04/2023

Health insurance companies estimate that they'll send about $1.1 billion in rebates to their customers in 2023 👩‍⚕️

The medical loss ratio rule requires health insurance companies to pay back any excess premium revenue they earn. But is it the best use of the money?

08/03/2023

A new study published in the Journal of Risk and Insurance finds that many people let their long-term care insurance lapse. We investigate one of the primary reasons why 🚩

A study finds that lapse rates are especially high among people who are cognitively impaired.

08/02/2023

While financial advisers suggest term life insurance as the best choice for most, here are three reasons why people may opt for permanent life insurance instead 🛡️

60% of individual life insurance policies purchased in 2021 were whole life insurance policies.

05/18/2023

The rising cost of insurance is putting a serious strain on car owners. In fact, 40% of drivers are stressed about being able to afford auto insurance, according to the new Policygenius Auto Affordability Survey.

This pressure appears to be particularly common in young drivers, with 55% of those ages 18 to 34 reporting that they feel stressed and 17% forgoing car insurance due to the expense in the last twelve months alone. Click through to learn more and see the full survey results 🚗 https://www.policygenius.com/auto-insurance/auto-insurance-affordability-survey/

03/16/2023

There’s a lot of conflicting evidence about when the next recession is coming, but it’s worth looking at what people do with their insurance coverage during downturns, and how to handle yours 🛡️

Rich households have more savings to weather financial risks, but they tend to have better insurance coverage.

03/15/2023

California is experiencing a home insurance crisis, with many companies leaving the state or pulling back coverage in wildfire-prone areas 🏡

California is experiencing a home insurance availability crisis, with many companies exiting the state or pulling back coverage in wildfire-prone areas. Here's why

03/08/2023

Many doctors, citing cost and time pressures, have opted to charge patients directly rather than dealing with insurance 💸

Many doctors, citing cost and time pressures, have opted to charge patients directly rather than dealing with insurance.

03/08/2023

Auto insurance premiums declined in states that legalized medical cannabis, a study published in Health Economics finds 🍃

A study finds that premiums fell following medical cannabis legalization.