Category: Uncategorized
The Basics of Builder's Risk Insurance
Posted: July 18, 2022
If you're building a new home or making extensive renovations on an existing structure, you'll need builder's risk insurance to cover the property during the course of construction. What is Builder’s Risk Insurance Builder’s risk insurance, also known as course of construction insurance, is a specially designed policy that provides coverage for commercial and residential buildings during the construction process, including ground-up projects and renovations....
Flood, Water Backup, & Seepage Coverage
Posted: April 18, 2022
Knowing which water perils are (and aren't) covered can help ensure you don't get soaked come claim time. When it comes to insurance, not all water damage is the same. Let’s look at how perils such as flood, water backup, and seepage differ: Flood Flooding—water damage that occurs from water breaching an egress threshold of your home (for example, a window or doorway)—is defined by...
Do I Need to Tell My Insurance Company if My Dog Bites Someone?
Posted: March 9, 2022
Dog bites are more common than you might realize—4.5 million occur every year in the U.S., according to the Centers for Disease Control and Prevention. And most victims are young children. You probably don’t think your dog would ever bite someone, let alone cause a serious injury. But dog bites are more common than you might realize—4.5 million occur every year in the U.S., according...
How Global Supply Chain Issues Could Result in You Being Underinsured
Posted: January 12, 2022
With supply chain delays impacting home and auto prices as well as repair costs and timelines, insureds should talk to their agent about reassessing the limits on their insurance policies. Otherwise, they may find themselves grossly underinsured come claim time. Missing Parts, Repair Delays, and Inadequate Insurance Coverage Despite the global economy slowly starting to emerge from the Covid-19 pandemic, the pandemic’s destructive impact to...
The Benefits of an Independent Insurance Agent
Posted: September 27, 2021
An independent insurance agent offers consumers numerous choices—translating to better coverage, and better value—with policies tailored to each client’s unique needs. What’s the difference between a direct/captive agent and an independent agent? A direct/captive agent works for the insurance company, while an independent insurance agent (also known as an insurance broker) works for the customer. An independent agent works with many different insurance companies and...
