5 Reasons a Homeowners Claim Gets Denied

We purchase insurance for one reason – to pay for our loss when something bad happens. But search any insurance company on Google, and you’ll see a bunch of complaints from folks whose policies didn’t pay. These people are usually mystified and miffed, and ready to tell anyone and everyone how terribly the insurance company treated them. As agents, we’ve read through a lot of...

Why Renting Without Renters Insurance is Redonculous

Renters insurance is a really cheap, really simple insurance policy. A lot of renters don’t think they need it or don’t think they can afford it. Nothing could be further from the truth. Here are the three reasons it’s silly not to have a renters insurance policy: 1. It’s Super Cheap A renters policy will likely cost around $10-$15/month. But here’s the thing,...

Step-by-Step Guide to a Roof Claim

Are you experiencing damage to your roof because of wind or hail? Insurance companies often have confusing rules about roof claims, so let’s walk through an example claim scenario, breakdown the process, and explain possible coverage options. Why do insurance companies have different rules for your roof? More than 40% of all homeowner’s insurance claims involve wind damage or hail...

How are My Belongings Covered in an Insurance Claim?

Whether it’s a couch, bed, antique table, or civil war era gun, folks ask us all the time how their belongings would be replaced in a claim. Here’s an email conversation we had recently:   Dear Jeremy, I’m curious about documentation of value in case of a home loss.  Particularly with art and rugs.  Do you have any information to read over about that?  And of course any...

Utility Line Insurance: Should I Buy it?

  Have you ever received an offer in the mail for utility line insurance? Here’s an email we just got from a client and our response (the names have been changed to protect the innocent): Hi Jeremy. I just called to transfer the utilities, and [Utility Company] said something about Meter Line Protection for $22 a month. It was a long drawn out explanation and I could hardly understand...

Home & Auto Liability Coverage Explained

Liability coverage is the coverage for bad things that happen to other people because of you. It could be in an auto accident where you’ve hurt other people or it could be someone getting hurt at your home. You have Insurance to pay for the actual medical expenses, lost wages, and “pain & suffering” that others experience in these situations. But your policy will only cover you up...

How is Your Roof Covered in a Wind or Hail Storm?

When a big hail storm or tornado comes through your town, lots of people find out what kind of roof coverage they have after it’s too late to change. What kind of coverage do you have? If you can’t answer that question then it’s time to figure it out! There are 3 possible options: 1. No Coverage at All That’s right, there are homeowners insurance policies out there that...

The #1 insurance coverage you should understand but don’t

Liability Insurance.  Who cares? Nobody, until one day you hear a scream from your yard. After running through the front door, you find your loving, wonderful, and maybe a bit overprotective dog hanging from the neighbors leg.  Suddenly, liability insurance is the most important thing in your financial world. Or, in a much more likely scenario, you’re driving through town 10 minutes...

Replacement Cost vs Market Value

A lot of people have the misconception that the your homeowners insurance policy reflects the Marketing Value of your home. For most insurance policies, this isn’t the case at all.  The Dwelling Coverage is an estimate of the Replacement Cost for your home.   So what’s the difference? Replacement Cost is how much it would actually cost to rebuild your entire home.  This factors in...

Musical Instrument Coverage 101

Musical Instruments can be some of the most important possessions we have.  Like pigment for a painter, a ball in many sports, or design tools for an architect, musical instruments provide a vehicle for our creativity.  The difference is that instruments are works of art on their own.  Many of the best are made decades or even centuries ago and carry significant value to their owners. So what...
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