While most people are understandably concerned about insuring their homes against fire loss, that risk is not what causes the most losses for homeowners. Water damage is a more common threat that accounts for more claims than fire damage. Statistics show that one out of every five homes will experience some kind of water damage…Read more
Hurricane Florence Insurance Claim
People are often left reeling from the terrible costs of hurricanes. Homes, businesses and vehicles will have been damaged or destroyed and, after ensuring the safety of your family, the next step is often filing your insurance claim. But to get the best possible settlement for your claim, you’ll need to document your losses as…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
What is Subrogation?
You’re stopped in traffic when another driver plows into you from behind. Your company is a contractor working on a renovation project. An employee of one of the other contractors bumps a ladder, sending one of your employees to the floor with broken bones. Workers are welding on the property next to yours on a…Read more
How Vehicle Values and Claim Awards are Determined
When it comes to determining a car’s value for insurance purposes, there are several guidelines to help. Vehicle owners and insurers can use books such as Kelley Blue Book to help determine an accurate value. Insurance companies usually refer policyholders to a claims adjuster when they file claims. In addition to verifying the loss, the…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
Does Homeowners Insurance Cover Water Damage?
One of our clients recently had a pipe break that caused substantial water damage to their finished basement. Sudden and accidental water damage – like burst pipes – are generally covered by your homeowner’s insurance policy. However, it is important to know that not every type of water-related damage is covered. A few tips to…Read more
What Does Homeowners Insurance Cover?
We are often asked what does homeowners insurance cover. If you own a home, homeowners insurance is important. In fact, if you have a mortgage on the home, insurance is required by the mortgage company to obtain a loan. After purchasing the policy, you receive your declarations page and policy in the mail and probably…Read more
