Over the past few years, more accidents have been attributed to smartphone use while driving. This, along with the higher cost of repairs, has led to double-digit increases in commercial auto insurance rates.
Distracted driving has led to sustained commercial auto premium increases for businesses of all sizes – from those with a few vehicles and drivers to those with large fleets. However, there are now several new factors that will play a part in ensuring rates continue to climb, at least in the near term.
Long-term care covers a variety of custodial (unskilled or semi-skilled) types of care. Although nursing homes are still part of the long-term care equation, there are many other options to consider:
- Home health care
- Community-based care
- Assisted living facilities
- Adult day care
- Respite care
- Hospice care