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Facts + Statistics: Homeowners and renters insurance
June 16, 2025

... theft, accounted for 97.8 percent of homeowners insurance claims in 2022 (latest data available). Changes in the percentage of each type ... are two ways of looking at losses: by the average number of claims filed per 100 policies (frequency) and by the average amount paid for ...


Facts + Statistics: Auto insurance
May 20, 2025

... with a $500 deductible for collision and comprehensive claims. These figures are not comparable with the National Association of ... Tables //--> Auto claims Liability insurance pays for the policyholder’s legal ... (1) For all limits combined. Data are for paid claims. (2) Excludes Massachusetts and most states with no-fault automobile ...


Understanding the insurance claims payment process
May 1, 2025

... and file for an additional amount. Most policies require claims to be filed within one year from the date of disaster; check with your ... backer is a co-insured, they will have to endorse the claims payment check before you can cash it. Depending on the ...   Next steps: We can't reinforce it enough - claims are easier to make when you have a home inventory ready ! ...


Nine ways to lower your auto insurance costs
January 2, 2025

... that people who effectively manage their credit have fewer claims. To protect your credit standing, pay your bills on time, don’t obtain ...


Spotlight on: Dog bite liability
July 17, 2025

... a muzzle, chain or cage. Homeowners insurance liability claims Liability claims related to dog bites and other dog-related injuries cost homeowners ...


Facts + Statistics: Uninsured motorists
August 1, 2025

... the number of uninsured motorists based on insurance claims, using a ratio of insurance claims made by people who were injured by uninsured drivers relative to the ...


How legal system abuse drives social inflation
July 30, 2025

... practices which increase costs and time to settle insurance claims. While litigation is considered a policyholder’s last resort, legal ... has found. Legal system abuse refers to disputed insurance claims which could have been resolved without litigation. ...


The Efficacy and Return on Investment of Loss Prevention Programs – Background, Methods and Results
July 25, 2025

... on predicting and preventing costly damage that drives up claims and premiums, telematics technology has come to play an increasing role. ... and insight, Whisker Labs found that Ting reduced fire claims within the study sample by an estimated 63 percent, resulting in 0.39 ...


Triple-I/Whisker Labs: Study Shows Ting IoT Fire Safety Solution Reduces Annual Fire Damage Claims by $81 Per Home
July 24, 2025

... technology reduced a broad category of non-catastrophic fire claims by an estimated 63% within three years after installation. The ... the first comprehensive quantitative analysis of home IoT claims reduction efficacy, found that Ting – a home fire prevention solution ...


Triple-I: Texas Home ÐÓ°ÉÔ­´´ Market Impacted by Complex Mix of Natural Catastrophe Exposures
July 14, 2025

... : Texas recorded 4,369 homeowners' insurance lightning loss claims in 2024, second only to Florida, with an average cost per claim of ...