I like to read The Motley Fool once in a while. Its usually got some good information. And its always well written. I just read an interesting article about making sure you have enough insurance. The article tells the story…
Posts Categorized In: Homeowners Insurance
Insurance for Slander
Someone wants to know about the type of insurance that would cover you if you slander someone on the internet. Let’s start with the basics: slander is saying something falsehood about someone that causes them injury to their reputation. So,…
Insurers Raising Premium
Once again, insurance companies are raising rates. I say once again, because this seems to be a pretty common theme. This time the excuse is the hurricanes that hit the gulf coast. Insurance companies made $30.8 billion in profit last…
National Catastrophe Insurance
California Insurance Commissioner John Garamendi is spearheading an effort to require people to buy catastrophe insurance. It seems like the program would be similar to the National Flood Insurance Program (NFIP), although details are still being worked on. The program…
Occurrence v. Claims Made
People often seem confused by the terms occurrence policy and claims made policy. What is covered when? Lets start with an example of what is not covered, ever. On a Google group, I read this post. (You may have to…
Ways to Save on Homeowners Insurance
About.com FINALLY came up with a good post about insurance. I know they are well meaning people over there, and some of their other information is great, but they should not be one of your first stops for insurance information….
Homeowners Insurance Valuations
Homeowners insurance companies tell you how much coverage you need for your house. But are they right? A group of homeowners in San Diego County claim that they were underinsured. They are now rebuilding, and some are rebuilding bigger than…
Mandatory Insurance for all Homeowners?
I read an interesting article today from a newspaper in Pennsylvania. The Times-Tribune editorial suggests that the Federal Government should require catastrophe insurance for all homeowners in “harms way.” The argument is that this will help reduce costs when the…
Use it and lose it
Use it and lose it – its the name of the phenomenon associated with homeowners insurance. File a claim and you get cancelled. Yes, in some states, including California, if you have an insurance claim, you may get cancelled, especially…
New hope for California Homeowners
In what I think is a great announcement for California homeowners, Foremost Insurance announced that they will be writing dwelling policies in California. I dont have the specifics, but this cannot be a bad thing. More competition is good. Foremost…