article thumbnail

Americans Are Dropping Their Home Insurance

Collection Industry News

Homeowners are increasingly forgoing home insurance, gambling that the likelihood of a disaster isn’t high enough to justify the cost of a policy. Some skipping insurance say they are doing so because they can no longer afford the rising premiums. What Does Home Insurance Cover?

article thumbnail

Optimization and Automation Point the Way for Insurance Claims

Fico Collections

By making modest adjustments, the impact and trade-offs between a host of simulated factors can be assessed against key commercial metrics. How Mercury Insurance Keeps the Heat on the Competition. Again, they may include selected risk appetites, ensuring typical outcomes are within the bounds of acceptable limits.