There are times I get snippets of information that isn’t enough to fit into a full blog post. These snippets are informative and can give you quick insight to insurance items that might affect you or those around you. So today, we introduce QuickSnaps – quick reads that are informative. 
- Crowd -Sharing Services: Airbnb & Uber are the most visible services available. Individuals who drive for Uber and rent out a room on Airbnb are often unaware of the insurance coverage issues/problems they might run into if they had an accident or suffered a loss. I’m dealing with these issues with my customers almost weekly and right now, insuring these front edge operations are ahead of the insurance industry that hasn’t caught up with them yet. If you have either exposure, BE CAREFUL and call us. You need to know what you are dealing with.
- Drones: The use of drones is growing dramatically. Providing proper insurance coverage is a growing need for businesses and individuals. The insurance industry will, increasingly, be a large user of drones for claims investigation. Seattle City Lights recently spent $35,000 removing a drone from high-voltage power lines above a group of houseboats. That drone operator had some complications he/she never imagined by piloting that drone into those power lines.
- Wearable Devices: Being able to monitor the actual activity of individuals will begin changing how health and life insurance will be underwritten and priced. In April, John Hancock announced two new life insurance products that incorporate wearable technology (a Fitbit). The Fitbit will monitor policyholders’ activities and offer significant discounts on their annual premiums, and policyholders can earn rewards and discounts for any steps they take to improve their health.
- Automotive Safety Technology: Cars are getting safer every day. From advanced driver assist systems to data and telematics, your car is becoming a rolling computer. In the not-too-distant future, vehicle to vehicle communication (V2V) and vehicle to infrastructure communication (V2I) will allow your car to communicate with other cars and traffic lights and be able to anticipate slowing down due to traffic ahead. Autonomous cars will be commercially viable much sooner than was anticipated just a few years ago.
More Snaps as we get them …. Let us know if we can help you with your insurance. EMAIL us at info@BentonWhite.com or call any of the staff at 615.377.1212. We’re always ready to earn your business!
