Personal Umbrellas have historically been thought of for only the wealthy as a way of protecting their assets from liability related law suits. Due to an increase in litigation against almost everyone now along with lower premiums for policies, the personal umbrella is being looked at as a cost effective way to add a significant [read more]
The following article was taken from MyNewMarkets.com. The article goes over possible gaps in protection when college students leave home for school.
College Students and Homeowners’ Insurance Gaps
Notifying a client with this potential exposure accomplishes three objectives: 1) gives the agent the opportunity to close any coverage gaps to which their client may be exposed; 2) [read more]
This tried and true scam happened to me just last week. I was at the car wash and once again, the attendant noticed that I had a small chip in my windshield. He quickly said, “Oh, we can take care of that at no cost to you.”
Next came the clincher. The attendant said, “we’ll just need to see your auto ID card.”
So let’s stop a second. It’s free but he needs my auto ID card? What, is he going to file a claim?!
Why yes, yes he is.
I caught this press release from U.S. Congressman Kevin Brady today. The first two paragraphs are excerpted below, along with a link to the chart
SIG Insurance Professionals is now offering online insurance quotes for most personal lines of insurance with the added benefit of a professional coverage review of each online quote.
So you’re shopping for homeowners insurance; you found a great policy at a great price and your agent assures you that the policy is “all risk”. Nothing to worry about, right?
Not necessarily.
While most of us don’t spend our leisure time reading the 40-50 page policies that we receive in the mail from our insurance company, that is exactly what we should be doing!
A few weeks back, Morgan Ryan discussed the benefits of offering insurance to credit union members. In a related story published earlier this week at MSNBC.com, Herb Weisbaum discussed the growing memberships at many credit unions and why people are choosing the credit union route over the megabank.
If you just bought a car, a question you might be asking yourself is do I need GAP insurance? Eric Hurt defines GAP insurance, teaches you how to assess whether or not you need it, and guides you on what questions to ask and who to get it from if you do.
Buying a car is a major purchase, and buying insurance to protect your vehicle is the next logical step. Any standard auto policy would afford coverage for physical damage to your vehicle, called comprehensive & collision coverage. However, what about any customization to your vehicle? If you think that you are automatically covered here, then you may be unpleasantly suprised!
In the event that you caused an accident as a result of a defect that was recalled, your insurance company would pay the claim and then start a process called subrogation.
