We have now all settled into a new routine. The morning is no longer stressed by a long commute in a car on congested roads. Instead, for most of us, the commute is from your kitchen to wherever your new make-shift desk is located. The stress of the commute is
Details. Details. Details… They can be annoying in life, but they are VERY important in insurance. Who is an insured is defined within all policies. Most policies define an insured to include the named insured and “resident relatives.” This eliminates the need to add all of your children, aunts, parents,
This year has gotten off to quite in interesting start with the COVID-19 pandemic. Cancellation of school, weddings, sports, and even the Olympics makes for challenging times. While these times have certainly been difficult, I like to think that they have also brought out the best in people. We continue
Woof! Woof! Ouch! More than one-third of all homeowners’ insurance liability claims are attributable to dog bites. Statistically, 61 percent of dog bites occur at the owner’s home; further, 77 percent of victims are bitten by a dog owned by a family member or family friend. Unfortunately, insurance companies are beginning to draw
That could never happen to me, right? For the first 30 years of my career, we have had insureds involved in serious accidents. Some paid the total amount of liability coverage under the policy. In those cases, it was $300,000 or $500,000. There was one loss, from about 10 years
It’s appealing to buy a new car that looks great and is fun to drive, but it also pays to look beneath the surface for features that make your vehicle safe to drive and affordable to insure. Car insurance costs are based, in part, on the model’s safety history, the cost of
Insurance has some of the least exciting names for things. It isn’t like Red Bull or Mountain Dew. We have terms like stacking and unstacking. Boring. We have Marine which means we also have Inland Marine. Weird. We have Tort, not the delicious one, and then there is the “umbrella.”
Paying your bills has never been easier. You used to have to check the mail, write a check, and mail the envelope back, always hoping the post office didn’t lose your payment. Almost every company has made it easier, faster, and safer to pay your bills. Insurance companies are no
Here’s a statistic that may surprise you: over half of homes in the US are underinsured. This is largely because home insurance policies are often believed to provide coverage based on a home’s market value, as opposed to its replacement cost. Understanding the difference between these two concepts is a
As 2019 quickly comes to a close, we thought it would be good to revisit this year’s annual insurance review letter. The points addressed in the letter remain just as important as they were when we wrote this. Please come to us with any questions as we are happy to
