I came across an interesting article from The New Standard, which appears to be an independent newspaper on the internet. Go check them out as they appear to have some good information. Anyway, in this article the author discusses the…
Posts Categorized In: Homeowners Insurance
How Insurance Companies Really Treat You – From A Defense Firm’s Newsletter
Wow! That is all I can say about this e-newsletter I received this weekend. Let me give you some background and then discuss why this matters. The firm who sends out this newsletter is an insurance defense firm. I know,…
Liability Coverage and Damage to Property of Others – What is the Difference?
Someone asked me why they have $300,000 in liability coverage when they also have $1,000 in coverage for damage to property of others. Good question that requires a long answer, which I will now make short. Liability coverage, or coverage…
Tips for Northern Californians Facing Floods
It is another day of rain here in Northern California and it is not expected to get better any time soon. With that, comes the rivers getting higher. And that brings flooding. The river levels are the highest they have…
Valuing your damaged property
Someone on a google group has suffered a house fire. She had many items damaged and/or destroyed. Among the items damaged were many yards of fabric. She is now upset because she spent $50 or more per yard of fabric…
So you want to buy insurance………what should you consider?
So you want to buy insurance. Great. Maybe you need it. Maybe you want to protect yourself. Maybe it is a combination. What do you consider when buying insurance? Here are some basic things to consider when determining who to…
Insurance for Unoccupied House
Some, if not most, insurance policies will not cover a vacant house. If you inherit a house and no one is going to live in it, the insurance company may cancel the policy. (Thanks to Google Groups for this topic.)…
Do you get Actual Cash Value or Replacement Cost?
Many of you may be trying to figure out what the question even means. I know adjusters who are still trying to figure it out. Let me explain: Suppose you have a fire. Your personal property is burned. What does…
Man Charged with Selling Fake Insurance Policies
The California Department of Insurance has arrested a Texas man for selling fake insurance policies. Apparently, this individual had his insurance license expire, but continued to sell policies for almost 4 years. He had offices in Texas, California and New…
Your Expensive Jewelry and Insurance
Some of you reading this have a lot of expensive items that you think are covered by insurance. But, they may not be covered. Your insurance policy limits how much it will pay for certain items. Most policies limit jewelry,…