9-Jan-2018

The
A place for everything and everything in its place!

Whether we are dealing with personal or professional belongings, organizing is not only about perfection; it is about efficiency, decluttering, improving quality, and most importantly, making the most of our valuable resources – time and money.  At InsuredMine, the terms ‘organizing’ and ‘managing’ mean the same.  With our relentless drive to constantly improve insurance management, we strive for progress and not just perfection.  That is why we have created a system that makes it easier to track and manage multiple insurances including policy details, agent details, payment details and much more.

The countrywide average auto insurance budget rose 3.3 percent to $866.31 in 2014 from $838.48 in 2013, according to the National Association of Insurance Commissioners (NAIC).  According to AAA’s 2016 Your Driving Costs study, the average cost to own and operate an average sedan was $8,558 in 2015.  With such a significant portion of expenditures being spent on insurance and costs to own and operate a motor vehicle, the need for being organized and to efficiently manage these insurances is of great importance.

Top 10 Most Expensive States for Automobile Insurance, 2014*

 

Rank Most expensive states Average expenditure
1 New Jersey $1,263.67
2 Michigan $1,227.36
3 New York $1,205.03
4 Louisiana $1,192.92
5 District of Columbia $1,192.45
6 Florida $1,140.84
7 Delaware $1,125.74
8 Rhode Island $1,106.08
9 Massachusetts $1,035.52
10 Connecticut $1,031.70

Source: 2017 National Association of Insurance Commissioners (NAIC)

*Based on average automobile insurance expenditures

How InsuredMine can help organize your insurances

With a mission to simplify and digitize insurance management, we have created a simple and easy-to-use online tool that will help our clients get the most complete understanding of their risk and safety.  In addition, our tools also help:

  • Avoid cumbersome methods of maintaining multiple policy documents
  • Facilitate faster access to information
  • Provide privacy and security
  • Eliminate delays in report generation
  • Reduce data redundancy
  • Save time, energy and costs

Although several factors influence the way we do things on a day-to-day basis, the need for speed motto is a major reason behind the way we do things.  An organized method of doing things improves efficiency and simplifies everyone’s lives.  In an emergency situation, it is natural that emotions and anxiety run high.  But having quick access to all your policy details takes the burden out of having to sort through a maze of paperwork just to get to the policy details.  This time can be better spent comforting loved ones or planning for the next steps to deal with the emergency.  This is just one example of how a handy tool like InsuredMine can help save you time and provide the comfort of having your policy details readily available.

Our smart and simple tools also address the challenges with better data, faster analytics and smarter insights.   The seamless integration of data from multiple vendors or sources provides clear views of your risk profile.  You can also set auto reminders for better consistency and efficiency.  Our reporting and analytics turn complicated data into easy, actionable insights.  Our platforms provide state-of-the-art security and privacy for your data.

With all that InsuredMine has to offer, it’s anyone’s guess that we are the market leaders when it comes to managing multiple insurances effectively, saving time and money for our customers.  It’s time to say goodbye to old and inefficient methods of managing and organizing insurances and it’s time to embrace the sophisticated yet simple methods, and experience the difference with our intuitive tools.

Sridevi Talluri

Sridevi Talluri

Contributing Writer/Editor at InsuredMine
Sridevi has been with InsuredMine since its launch and writes about InsuredMine on several platforms including social media, blogs, and web. She strongly believes development of content is the beginning of all communication. She holds a graduate degree in biological sciences from an Indian university.
Sridevi Talluri

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