Types of Coverage Liability Coverage: Bodily Injury Liability: Covers costs associated with injuries or death that you or another driver causes while driving your car. Property Damage Liability: Cover...
Key Aspects of Cyber Insurance in the U.S.: Coverage Types: First-Party Coverage: Protects the policyholder’s own losses, including: Data breach response costs (e.g., forensic investigations, no...
1. State Farm Market Share: Largest auto insurer in the U.S. Key Features: Extensive network of local agents for personalized service. Offers a wide range of discounts (e.g., safe driver, multi-policy...
. State Regulation of Insurance Primary Authority: Insurance is primarily regulated by individual states under the McCarran-Ferguson Act of 1945, which grants states the authority to regulate the ins...
Types of Life Insurance in the U.S. Term Life Insurance: Provides coverage for a specific period (e.g., 10, 20, or 30 years). Pays a death benefit only if the insured dies during the term. Generally t...
Why Health Insurance is the Most Popular Topic: Affordable Care Act (ACA): Ongoing debates about the ACA (Obamacare), including enrollment, subsidies, and potential reforms. Rising Healthcare Costs: C...