1. Your home insurance probably covers volcano & meteor damage

        Your home insurance doesn’t protect you from flood damage, but you may not fully appreciate all that it does protect you from. Home insurance policies usually cover damage from volcanoes and even meteors, but it is best to talk with your agent to see what is and is not covered.


  1. Reducing unnecessary emergency room visits can bring healthcare costs down a lot

        Many visits to emergencies are not truly emergencies. It is estimated that more than $18 billion could be saved annually if those patients whose medical problems are considered ‘avoidable’ or ‘non-urgent’ were to take advantage of a primary or preventative care and not relay on ERs for their medical needs.


  1. Your credit score can significantly influence your insurance costs

You probably know about credit scores that influence the mortgage interest rates you’re offered, but there are “credit-based insurance scores” which influence your premiums.


  1. Home insurance policies often prohibit certain dog breeds

        Around 4.5 million people are bitten by dogs annually, and about 20% of dog bites require medical attention. In 2017 a reported $686 million in liability claims related to dog bites and other dog-related injuries.


  1. Car insurance for male teenagers can be surprisingly costly

        Insurance.com has noted a parent that adds a male teen to their policy can expect new rates to run as high as $6,186 and in some cases it is 227% higher than insuring an adult driver alone. It can cost anywhere from $3,000-$4,000 to add a 16 year old driver no matter the gender.


  1. Some employers offer healthcare for parents of their workers

        Americans get employer-sponsored healthcare for themselves and their spouses and children. In China Starbucks has taken it to a new level and offers the employees that have been with them two years to cover their parents also for critical-illness coverage. It isn’t unthinkable that new kinds of insurance will reach America. We didn’t used to have pet insurance.


 7. Many Americans think the Affordable Care Act and Obamacare are different

        They are one in the same. Republicans have been trying to eradicate or weaken it for years, with a little success. Millions of Americans don’t seem to realize that the Affordable Care act and Obamacare are the same thing. Many don’t like Obamacare but do like the Affordable Care Act.


  1. Obama care is doing more than making healthcare more accessible

It has helped millions more people who are in poor health and needing a lot of care. The shift from fee-for-service model to a value-based model. Fee-for-service model has doctors and healthcare industry making money every time they provide a service to you. The Value-based model focuses on outcomes more than services and can keep people healthier and save money in the process.


  1. Insurance is thousands of years old

First appearance of insurance in history reportedly happened in China, around 3000 B.C. Merchants that relied on ship transports were at risk of losing merchandise in shipwrecks. They came together and distributed their goods across a number of ships so that one shipwreck would hurt each of them a little but not deliver a total loss to anyone. Now they do this with money being collected and pooled by insurers, which are ready to pay out claims.


  1. American’s insurance history predates the American Revolution

Have you heard of the Philadelphia Contributionship? It is America’s oldest, continuously active insurance company, founded in 1752 by Benjamin Franklin and others. IT was established after London’s Great Fire on 1666. Philadelphians joining forces to protect one another financially against fire damage