Insurance companies generally classify claims into two basic categories. Claims that are property specific and claims that are specific to you, the insured. Property Specific claims…. These claims are situations that occur which put the insurability of the home into question. For example, if there are a couple recent plumbing...
Today we are talking about whether you can get wind mitigation credits applied to your current home insurance policy or do you have to wait until your next renewal. Many time’s we have customers call in who have just purchased a home and the home, at the time of inspection,...
One of the things we always say is that home insurance seems to be the same until you have a claim. Here is an example to help explain what we mean. We recently had a gentleman call in for a home insurance quote for a large house. We provided a...
Unfortunately, in the State of Florida, it is common for insurance carriers to reduce their hurricane exposure by non-renewing certain policies. Insurance carriers in Florida are required by statute to give advanced notice of non-renewal. Many times, homeowners will receive the non-renewal and then wait until a week or two...
If you’re thinking about placing your home into a trust or into an entity such as an LLC don’t forget about your insurance! A few times a year we’ll have a customer call in for a home insurance quote and we’ll notice that the homeowner is listed as a trust...
Most home and auto insurance companies will refund your unearned premium after you cancel your policy and they calculate the refund on a pro-rata basis. This simply means that if you paid for a full year of insurance and you cancel your insurance roughly six months into the policy, you’ll...