 When choosing a homeowners insurance policy, you may hear the terms "actual cash value" or "replacement cost" coverage. What's the difference?
 Do you wonder why your insurance premiums may rise when you haven't filed a claim or had any other incident normally associated with an increase in your cost?
There are numbers of factors beyond your personal situation that may cause the cost of your insurance coverage to rise. Here are 5 examples:  A recent survey found that 65% of Americans have no clue what their home insurance policy fully covers. 45% said they’ve had an insurance claim denied because they didn’t have the coverage.
This is why you need to periodically talk with your local insurance agent to remember what coverage you have and whether you need to make changes. Here are 9 questions to help guide your conversation:  Most vehicles have blind spots, areas around them where the driver has limited/no visibility.
What many people don't realize is how BIG the blind spots are for commercial vehicles like 18 wheelers. Here are the main blind spots to be aware of when driving near a commercial truck:  Home insurance is a critical and required piece of home purchases if you're securing a mortgage loan. A number of insurance requirements and documents may be needed for a successful closing, including the following:
 Not that it's foremost on your mind on Valentine's Day, but insurance IS an important aspect of a loving relationship.
It helps protect you and your partner from financial loss, and your insurance needs will vary depending on the stage of your relationship. Here are some examples of insurance needs at 5 different relationship stages:  Lightning is one of the most common natural disasters that can cause damage to homes, and it’s critical to know if your homeowners insurance policy covers this type of damage.
What is covered by homeowners insurance for lightning damage?  Today's focus for Severe Weather Preparedness Week is on tornadoes. Do you know if homeowner's insurance covers tornado damage?
Most standard homeowner's insurance policies that include an "all-perils" coverage option typically cover damage caused by tornadoes. BUT, there may be specific exclusions or limits in a homeowner's policy that could impact the amount of coverage available for tornado damage. For example:  It's severe weather preparedness week! Here are 7 important tips for policyholders to prepare for severe weather:
 An independent insurance agent is not tied to any specific insurance company. They represent multiple insurance companies and can provide a variety of options to their clients.
This is compared to a captive agent who works for only one insurance company and can only offer you the products that company offers. Advantages of using an independent insurance agent include having: |
AuthorDennis Lam Archives
September 2023
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