The insurance industry—long considered slow-moving and resistant to change—is undergoing a dramatic transformation. At the heart of this evolution is InsurTech: a term that blends “insurance” and “technology.” What began as a niche movement has grown into a multi-billion-dollar force disrupting traditional insurers, revolutionizing the customer experience, and redefining risk management. From AI-powered claims processing … Read more
Navigating health insurance can feel like learning a new language. Among the alphabet soup of terms, four major types of health plans often cause confusion: HMO, PPO, EPO, and POS. Understanding how each works can help you choose a plan that fits your budget, lifestyle, and healthcare needs. 🩺 What Are These Plan Types? Each … Read more
If you’re in your 20s, life insurance is probably the last thing on your mind. You’re building a career, paying off student loans, maybe moving into your first apartment—or still figuring it all out. Life insurance might seem like something you don’t need until you’re older, married, or have kids. But here’s the truth: getting … Read more
Life insurance is a cornerstone of financial planning, offering protection for your loved ones in case of untimely death. But when choosing a policy, you’re often faced with the decision: Term Life or Whole Life insurance? Each has its advantages and disadvantages depending on your age, financial situation, goals, and risk tolerance. 🔍 Overview: What … Read more
In recent years, the world has seen a noticeable increase in the frequency and intensity of natural disasters—hurricanes, wildfires, floods, earthquakes, and more. With climate change amplifying the severity of these events, property owners and businesses are more vulnerable than ever before. Amidst the rising uncertainty, insurance has become a critical line of defense—but are … Read more
By CHIPD BLOGS Buying a home is a major milestone — and protecting it should be a top priority. That’s where homeowners insurance comes in. But many people don’t fully understand what their policy actually covers… until disaster strikes. So, what does homeowners insurance really cover? In this guide, we break down the core components … Read more
By CHIPD BLOGS Auto insurance is more than just a legal requirement — it’s your financial safety net on the road. But too many people make costly mistakes when buying or managing their coverage. From underinsuring your vehicle to overpaying for unnecessary extras, these common errors can leave you exposed or broke when an accident … Read more
By CHIPD BLOGS Auto insurance is evolving — and one of the biggest game-changers is usage-based insurance (UBI). This modern alternative to traditional policies promises personalized premiums based on how you actually drive. But is it really worth it? In this article, we’ll break down how usage-based auto insurance works, the pros and cons, and … Read more
By CHIPD BLOGS Car insurance is a necessary expense, but that doesn’t mean you should overpay for it. Whether you’re a daily commuter or an occasional weekend driver, chances are you’d love to reduce your monthly auto insurance bill — without compromising coverage. Fortunately, with changing technology, new insurer offerings, and smarter consumer strategies, 2025 … Read more
By CHIPD BLOGS When it comes to auto insurance, the choices can be confusing — especially when you’re faced with terms like “comprehensive” and “collision” coverage. While both are important, they serve very different purposes, and knowing the difference can help you make smarter decisions about protecting your vehicle. In this article, we’ll break down … Read more