How to calculate your coverage gap
Insurers will often refer to the gap between the basic coverage offered and the premium you are required to pay for that coverage.This is the amount that your premium will be for the same type of coverage as the gap.You can calculate your gap using the coverage gap calculator on our website or your insurance […]
The gap insurance market could become a big seller, according to the Federal Reserve
By Laura C. MillerThe Federal Reserve has begun preparing to raise interest rates for the first time since the financial crisis.As a result, there’s a chance that the gap insurance markets could see more demand for coverage as the Fed moves to tighten its policy.According to the New York Fed’s David Cohen, who specializes in […]
Allstate’s insurance gap insurance: It’s really, really expensive
6:19 AM ET Wed, 6 May 2018 | 00:37:27Allstate says it will offer its first insurance policies in 2018.The company, which was acquired by Allstate last year for $12.6 billion, says it’s offering $12 per person for the first time since it started offering auto insurance in 2010.The policy, which will be available in the […]
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