New England Insurance Agent Blog

2017 Social Media Demographics at a Glance (Infographic)

There are now 2.8 billion people on social media, according to a recent report by Tracx, who offers the perspective 2.8 billion is the total population of earth circa 1955! But with so many people online, how do you target your market? Which social media is better at reaching women? Millennials? Who spends the most time online? Check out this great infographic that breaks it all down.

Annals of Workers Comp: The Bay State's Not-So-Secret Sauce

Everyone knows that workers compensation in MA is different: the rates are among the lowest in the nation and the benefits are relatively high (though they need to be a bit higher). Back in 1990 the state was ranked 3rd highest for cost in the country; today, MA is ranked 44th. How is this possible? What exactly is in the state's "special sauce"?

Homeowners insurance: Studies show high satisfaction, but many gaps in knowledge

According to the J.D. Power 2017 U.S. Property Claims Satisfaction Study, insurance customer satisfaction has reached an all-time high, despite coinciding with a 10-year high in catastrophic events. But the study notes that despite the peak in satisfaction, there are still problem areas, such as "water-related and other complex claims that take a long time to settle and that cause significant lifestyle disruption." Another recent study conducted by the Insurance Information Institute - the 2016 Consumer Insurance Survey Homeowners Insurance: Understanding, Attitudes and Shopping Practices - reveals consumer attitudes to homeowners' insurance, how buyers comparison shop for home insurance, and their understanding about homeowners insurance coverage.

Distracted Driving Month?

In the midst of your busy schedule, you may have missed the announcement that this is national Distracted Driving month. As far as I can tell, this does not mean we are supposed to go out and become even more distracted while driving. We surely don't need to create distractions: they are everywhere - the cell phone rings, the radio channel needs changing, oops, just spilled Dunkin on my new pants...and did someone just ding me with a text?

Autonomous cars and the issue of insurance: Who pays?

About a year ago, a self-driving Tesla was involved in a fatal crash in Florida. More recently in Arizona, a self-driving Uber SUV collided with two other cars before flipping over. When an autonomous vehicle crashes, who is liable? In a recent NPR's All Tech Considered, Yuki Noguchi considers just this issue in her story about self-driving cars and the questions about who carries insurance.
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