SureTec Insurance Company is a nationally recognized surety provider that became part of Markel Corporation in April 2017. Today, SureTec operates under the Markel Surety umbrella, issuing bonds across all 50 states and serving a wide range of industries. One of the most common questions involving SureTec relates to how bond claims work and what parties should expect during the ...
You’ve just been in a car accident, filed your claim, and now you’re staring at your inbox wondering, “How long does an insurance claim take?” The answer isn’t always simple. Depending on the type of insurance, the complexity of the claim, and state regulations, timelines can range from 2 days to over 90 days. Some claims resolve in mere days, ...
Imagine financing a $35,000 car, only to have it totaled a year later when it’s worth $28,000. Without gap insurance, you could be responsible for the $7,000 difference out of pocket. That’s where gap insurance comes in, bridging the gap between your car’s actual cash value (ACV) and your outstanding loan. So, how much is gap insurance? On average, it ...
Many drivers experience confusion at the gas pump. The terms “regular gas” and “unleaded gas” are often used interchangeably, but are they really the same? The short answer: yes. Regular gas is unleaded gas in today’s market. Modern fuel sold for road vehicles no longer contains lead additives, making the distinction largely historical. This question exists because older generations remember ...
Crossword enthusiasts may recognize this clue from the New York Times puzzle: “Catchalls of the insurance industry.” If you guessed “Blanket Policies,” you’re correct. But beyond the crossword, blanket insurance is a critical concept in risk management. Often referred to as the catchalls of the insurance industry, these policies provide comprehensive coverage for multiple assets under a single limit, offering ...
The insurance industry has been changing rapidly as insurtech startups challenge traditional models with automation, flexible pricing, and data-driven underwriting. Nowhere has this disruption been more visible than in vehicle fleet insurance, where businesses demand cost efficiency, on-demand coverage, and faster claims handling. One company that captured attention in this space was Lula Insurance. Initially known for its innovative approach ...
Insurance documentation often becomes most important during stressful or time-sensitive life moments—changing jobs, enrolling in Medicare, registering a vehicle, or proving eligibility for benefits. In these situations, having the right paperwork can prevent delays, penalties, or loss of coverage. One of the most commonly misunderstood categories of insurance documents is letters of coverage. This term acts as an umbrella for ...
If you’re asking “when will boy scout victims get paid 2026?”, the short answer is that the Settlement Trust aims to resolve all claims by the end of 2026. However, the exact timeline depends on pending appeals and ongoing insurance litigation. As of December 2025, over $295 million has been distributed to more than 36,896 survivors, but many victims are ...
Many drivers assume that if a car is “totaled,” it’s destroyed and unsafe to drive. The truth is, what happens when your car is totaled but still drivable often surprises people. A vehicle is considered totaled when the cost to repair it exceeds its actual cash value (ACV), not necessarily when it can’t operate. Insurance companies make an economic decision, ...
The direct answer is simple: Does liability insurance cover theft? No, liability insurance does not cover theft of your own property. Many people mistakenly think it does because they associate liability insurance with “protection” in general. In reality, liability insurance is designed to protect third parties if you cause them harm or damage their property—not to replace stolen items or ...