Every industry faces unique risks, which play a significant role in determining insurance rates. Understanding the specific hazards associated with different sectors can help businesses secure the right coverage, mitigate these risks, and potentially lower their premiums. In this article, Central’s Director of Small Business Underwriting, Anne Russo, explores some of the higher risks in … Read more
Traffic signals and violations have a bigger impact on your car insurance premium than you think. To maintain affordable insurance rates, apart from your credit score, age, location, vehicle usage and vehicle type, you will also need to be careful on the road. Traffic Signal Colors and their Meanings A foundational understanding of the basic … Read more
Let’s talk about something that’s been a game-changer for the insurers today e-signatures. Remember the days when getting a policy signed meant printing out reams of paper, playing phone tag with clients, and praying that the postal service wouldn’t lose your important documents? Well, those days are going the way of the fax machine, thanks … Read more
With the rise in popularity of electric cars, there’s been a surge of specific terminologies and acronyms, several of which are used to categorize different types of electric vehicles. Terms like BEV, PHEV, E-REV are all similar terms used for different cars. We’re going to help you understand what every different electric vehicle acronym means. … Read more
According to the US Chamber of Commerce, entrepreneurship is booming in the United States. The number of new small business applications filed in 2023 totaled 5.5 million, an 8.1% annual increase and the largest number of applications ever recorded in a calendar year. This uptick in business growth also indicates a significant need in the … Read more
