Since most homeowners are also mortgage holders, they are required to have home insurance. However, most renters are not required to purchase renter’s insurance according to the terms of a lease. They face many of the same risks as homeowners. Although renters do not have to pay for the actual structure that is rented, they…Read more
Does Homeowners Insurance Cover Water Damage?
What does my homeowners insurance cover? Water is known for penetrating structural cavities and creating growing pockets of saturation without the knowledge of the homeowner. Unfortunately, it often requires sophisticated tools and technology to find the source of such water damage. If the moisture remains undetected, it causes damages that eventually lead to an expensive…Read more
Tips to Winterize Your Home
The chill in the air tells you it’s time to pull out the heavy clothes and brave the falling temperatures. That chill should also tell you it’s time to perform a check of your home to ensure it can withstand the rigors of the upcoming winter. Start with a top down approach by taking a…Read more
High Net Worth Insurance
High Net Worth insurance is designed for policyholders with a net worth of 5 million or more. This segment represents about 5% of the population and the needs of this group are very complex. In 2015, Chubb was acquired by ACE. This acquisition was a surprise to many in the insurance industry and agents are…Read more
5 Insurance Changes to Make When You Retire
Whether you plan to travel the world, run marathons, serve your community or spend more time with family, retirement will bring radical changes in the ways you spend your time. And whenever life changes, so do the risks you face — which means retirement is a good time to look closely at your insurance coverage.…Read more
Insurance for a Swimming Pool
You’re having a new pool installed in your backyard, and you can’t wait to dive into a summer of swimming fun. Of course, you may be so busy buying water wings, noodles and floats that you forgot to take care of one very important detail: your insurance. Now is the time to take a close…Read more
Does a Homeowners Insurance Policy Cover a Home Business?
With the Internet and technology expanding every day, more and more people are building home businesses. However, a homeowners policy will not cover the risks of these businesses in most cases. The only hope homeowners have of receiving any compensation is if their policies have special endorsements. For example, a homeowner who has a policy…Read more
It Happens: Sewer backup
November 10, 2015 By: Christopher Barger Sometimes sewer backups happen. We look for someone to blame, but often there just isn’t blame to be found. How do we prevent it from happening? And if it does, how do we protect ourselves from the financial storm that follows? Suppose for a minute that you just spent…Read more
What Does Homeowners Insurance Cover?
Dan called and said the aluminum siding on his home is worn out and needs to be replaced. He asked if the siding would be paid for by his homeowners insurance. I informed him that worn out siding is not a covered loss which preceded his next question…what does homeowners insurance cover? Homeowners Insurance Homeowners…Read more
Condo Insurance – What You Need to Know
Thinking about buying a condo? Condo’s are great for turnkey living and low maintenance however there are substantial differences when it comes to insurance. Master Policy vs. Unit Owner’s Policy There are 2 policies with any condo, the Master policy and the Unit Owner’s policy (HO-6). The Master policy provides coverage for the building and…Read more