How AI Is Changing Insurance: Underwriting, Claims & Policy Reviews in 2026
Reading Time: 2 minutesArtificial intelligence is reshaping how insurance companies underwrite risk, process claims, detect fraud, and review policies. For mid-market businesses, the practical impact is faster quotes, more granular pricing, and automated claims decisions that can work for or against you depending on how your data looks to the algorithm. The shift is accelerating in 2026 — […]
Supplemental Life Insurance: What It Is, What It Costs, and How Employers Design It (2026)
Reading Time: 11 minutesSupplemental life insurance is extra group term life coverage an employee buys through their employer on top of the basic company-paid policy. Basic group life usually covers one to two times salary; supplemental lets the employee elect additional multiples — commonly up to five times salary — paid through payroll deduction at group rates. It […]
Health Insurance Deductibles Explained: How They Work and How to Choose the Right Plan Design
Reading Time: 7 minutesKey Takeaways What it is: The amount employees pay out of pocket for covered medical services before the plan starts paying its share 2026 averages: Individual deductibles average $1,787 for PPO plans and $2,825 for HDHPs. Family deductibles run $3,500–$7,500 depending on plan type Employer cost lever: Raising the deductible by $500 typically reduces premium […]
Providers: Does Progressive Offer Gap Insurance?
Reading Time: 8 minutesProgressive does not offer traditional gap insurance. What it sells is Loan/Lease Payoff coverage, which pays the shortfall on a totaled vehicle only up to 25% of the car’s actual cash value. Progressive gap insurance cost runs roughly 5% of your comprehensive and collision premium, which is cheap — but the 25% cap is where […]
Comparisons: Gap Insurance vs. Loan/Lease Payoff Coverage
Reading Time: 5 minutesGap insurance pays the entire difference between what you owe on a totaled vehicle and what the insurer says it was worth. Loan/lease payoff coverage — Progressive’s version — pays that difference only up to a cap, typically 25% of the vehicle’s actual cash value. On a $30,000 car with a $10,000 deficiency, true gap […]
Providers: Does State Farm Offer Gap Insurance?
Reading Time: 7 minutesYou may also find our guides on Progressive gap insurance options and gap insurance refunds and cancellation helpful. For a detailed pricing comparison, see our analysis of gap insurance costs by provider and vehicle type. Does State Farm Offer GAP Insurance? Short Answer: No—State Farm does not offer traditional GAP insurance. Instead, those who finance […]
Does Gap Insurance Cover Used Cars? Coverage for New vs. Used Vehicles
Reading Time: 5 minutesKey Takeaways: Gap Insurance on Used Cars Yes, gap insurance covers used cars — as long as you have an active auto loan or lease on the vehicle When it matters most: You financed a used car with a low down payment, long loan term (72-84 months), or high interest rate — all situations where […]
Does GEICO Offer Gap Insurance? The 2026 Answer and What to Do Instead
Reading Time: 6 minutesIf you have GEICO auto insurance and you’re trying to add gap coverage, the answer is no — GEICO does not offer gap insurance. That’s not a rumor or a policy change that might reverse. It’s confirmed directly from GEICO’s product glossary. They don’t offer it anywhere in the country, in any form, under any […]
Does Gap Insurance Cover Theft, Engine Failure, or Natural Disasters?
Reading Time: 10 minutesCost & Value: GAP Insurance Refunds and Cancellation — What to Know Last Updated: September 10, 2025 Understanding Your GAP Insurance Refund and Cancellation Rights Guaranteed Asset Protection (GAP) insurance provides a crucial financial safety net for car owners. Its primary role is to cover the difference between your vehicle’s Actual Cash Value (ACV) and […]
Gap Insurance Refund: How to Cancel Gap Insurance and Get Your Money Back
Reading Time: 6 minutesIf you cancel gap insurance before the policy term expires, you are typically entitled to a pro-rata refund of the unused premium. Whether you actually get the refund — and how much — depends on where you bought the gap coverage, how long the policy has been active, and your state’s cancellation laws. Dealer-sold gap […]