Thursday, December 21, 2017Home insurance policies differ significantly from one another. In many situations, they will provide coverage for smoke damage. However, this depends on a variety of factors. The individual circumstances of the situation play the biggest role here.
Homeowners need to take a closer look at their policy to learn if smoke damage coverage is available. READ MORE >>
Tuesday, December 19, 2017Some people think natural cycles cause climate change. Others argue that human action warmed the planet. The Insurance Information Institute (III) says the reasons may not matter to insurers. Business insurance companies care about managing risks. They need to predict future claims. READ MORE >>
Thursday, December 14, 2017Do you still have an auto loan? Lenders almost always ask for full car insurance coverage.
However, have you paid off your loan? You may think about dropping parts of your coverage like collision and comprehensive insurance. If you only keep liability coverage, you might reduce your auto insurance bills. READ MORE >>
Tuesday, December 12, 2017Every business has the right to protect their copyrights and trademarks. Sometimes, mistakes happen. If your company is facing a claim of infringement, you must take action. Let your business insurance agent know.
In some cases, your liability insurance will help to cover the losses associated with these claims. READ MORE >>
Thursday, December 7, 2017Homes can do so much more today than ever before. Not only do they provide a safe place to live, but they interact with people.
Smart technology is providing many benefits for homeowners nowadays. It can control home security and energy systems. It can control lighting. Some systems even answer random questions. READ MORE >>
Thursday, November 2, 2017Many businesses are exposed to the financial consequences of their ownership, use or maintenance of vehicles used in their operations. Most coverage needs can be handled by a business auto policy (BAP) or similar form which cover operations such as: · Product or food delivery READ MORE >>
Monday, October 23, 2017Umbrella insurance only works properly when the primary (underlying) coverages are maintained. In fact, the obligation to make sure proper support remains in place is part of the umbrella insurance contract. It is found in the policy’s “Maintenance of Underlying Coverage” provision. READ MORE >>
Wednesday, September 6, 2017Part one discussed how a typical homeowner policy covers buildings and structures. Now let’s look at Coverage Part D, which is also a property coverage; as well as Coverage Parts E and F. These latter parts address coverage for injuries to persons or damage to property that belongs to others. READ MORE >>
Wednesday, September 6, 2017Generally, a homeowners insurance policy includes at least six different coverage parts. The names of the parts may vary by insurance company, but they typically are referred to as Dwelling, Other Structures, Personal Property, Loss of Use, Personal Liability and Medical Payments coverages. READ MORE >>
Wednesday, August 23, 2017In part 1, we began the discussion of the coverage limitations (exclusions) found in insurance policies. Here, we’ll continue. Exclusions are meant to insure that policy and pricing reflects precisely what the insurance coverage intended to cover. These limitations are fair. READ MORE >>