Video Friday: Actual Cash Value
TweetSticking with our insurance vocabulary review, take a look at this video reviewing a homeowners insurance term, “actual cash value.”
Category: Homeowners Insurance
Insurers’ Tolerance for Dangerous Dog Breeds Grows Thin
TweetThe tolerance of the insurance industry for homeowners who keep dangerous dog breeds is growing more and more thin. The American Association of Insurance Services, which develops the standardized policy forms and rating information used by about 600 property and … Continue reading
Video Friday: Do You Have Flood Insurance?
TweetAn interesting video out of Florida with information and figures on why you might want to add flood insurance to your existing homeowner’s policy. (People living in areas that are going to face massive snow melt come spring might really … Continue reading
Don’t Fall for “Free” Repair Scams
TweetWell. I’m not surprised. The National Insurance Crime Bureau is reporting that every year we all pay more for our car and home policies due to fraud — about $30 billion worth. The big culprits are: – auto glass repairs, … Continue reading
Video Friday: Do You Know What You Own?
TweetDo you know what you own? Would you know what you own if you had to list it off for an insurance claim? (For that matter, do you even really understand your homeowners insurance policy?) Think about it as you … Continue reading
Oregon Insurance Regulators Get It Right with Re-Pricing Law
TweetEvery day we see signs that the country is starting to claw its way out of the recession. Stocks are creeping up. Job numbers are getting better. The automotive industry is predicting a significantly better year. And state governments are … Continue reading
Industry Begins to Ponder Role of Climate Change
TweetIn browsing around today, I ran across a report from Reuters about insurers struggling to factor in the growing risks from climate change. The article was in specific reference to the massive floods in Australia and Brazil, but what caught … Continue reading
Coverage for Mine Subsidence in Pennsylvania
TweetWell, this is a fairly esoteric topic unless you live in Pennsylvania, but it does go to show that there are never too many questions you can ask to make sure you have an adequate amount of homeowners insurance. There … Continue reading
Dog Liability Coverage Grows in Popularity for “Banned” Breeds
TweetMore than a third of all home insurance claims involve some act committed not by the family, but by the family dog. A vast majority of these incidents involve biting, with the victims normally being a family member or family … Continue reading
Video Friday: Renter’s Insurance
TweetHaving been the victim of an apartment fire without renter’s insurance, I can speak to the importance of these policies. Here’s a brief, but good introduction to this often neglected genre of coverage.