Your homeowners insurance policy covers you for damage to your home, your “other structures” and your personal property. The home and other structures are covered for any damage that occurs that is not excluded by your policy. (I know, that…
Posts Categorized In: Homeowners Insurance
A Website Everyone Should Go Read
Its not often that I openly plug an organization, and I can only think of one other that I have plugged, the CPCU Society, but here is another one. United Policyholders is a group who attempts to educate the public…
Some Dogs will Increase Your Insurance Costs
Yes, its true – Rover could cost you money. Some insurance companies have a list of “high risk” dogs. The insurance companies believe that certain breeds of dog are more likely to bite than other breeds. They do not take…
3 Myths about Insurance
MSN has a great article about insurance myths. Here are their 3 top insurance myths: Your benefits should be equal to your premium payments Insurance should cover events that are likely to happen Insurance is a rip-off, so you should…
National Catastrophe Insurance?
I have previously posted on the California Insurance Commissioner’s attempts to change the system for covering natural disasters, called catastrophes in the insurance business. On Thursday, insurance industry leaders met to discuss a federal insurance program. Proponents want this to…
Who to insure with?
I was reading through Google groups (which can be fun reading!) today and there was a discussion about what insurance company people should get. One person was looking for insurance and others were chiming in with their opinions. The answer…
Who’s insurance do you make a claim against?
There are a lot of situations where more than more insurance policy can apply. For example, if you are in a condo or townhouse, your neighbor may have a water leak that damages your property. In a business situation, the…
Rate Increase for Earthquake Coverage?
The California Earthquake Authority has asked the Department of Insurance for a rate hike of up to 67 percent for some Californians. This rate hike will increase what some people are paying for earthquake insurance. There is good news. First,…
Allstate is at it again
Once again, we have an insurance company not living up to its end of the bargain. This time, its Allstate who will not pay money it owes! Allstate was ordered to pay additional living expenses by a judge in Texas….
Insurance Company to Pay $5 Million
Fidelity National Insurance Company recently had a $5 Million judgment against them for their claims handling. The problem: they did not pay a couple enough to replace the couple’s house. (See my prior posts on how much insurance you need.)…