If you want to avoid the danger of something negative resulting from pursuing an activity, the safest action is…..don’t pursue the activity. Of course, choosing that option is impractical, unrealistic and boring. The quality of our lives is highly affected by how we choose to spend our
Read more →Has your car ever suffered from diminished value (DV)? DV refers to damage to an auto that reduces its market value and there are several different types of DV: Inherent DV: Describes a general conviction that a wrecked vehicle, which is then repaired, is less valuable than
Read more →Insurance fraud makes victims out of insurance companies and their customers. In common terms, insurance fraud is lying to or deceiving an insurer in order to make money or to become insured. Some common fraud schemes include: “padding” (inflating the true amount of) a claim lying or
Read more →Umbrella insurance only works properly when the primary (underlying) coverages are maintained. In fact, the obligation to make sure proper support remains in place is part of the umbrella insurance contract. It is found in the policy’s “Maintenance of Underlying Coverage” provision. The provision typically refers to
Read more →A standard homeowners policy offers a limit equal to half of the amount reserved for the residence (ex. Your home is covered for $150,000, so your contents and furnishings are covered for $75,000). While this is generous coverage, it doesn’t extend to all types of property nor
Read more →Unlike accidental events that result in a person suffering a serious injury (called Bodily Injury) or property that is damaged or destroyed (called Property Damage); Personal Injury usually involves one person’s alleged interference with another person’s legal rights. It also applies to incidents that damages another person’s
Read more →When the topic of exotic, ideal locations for vacations comes up; island paradises and tropical locales are always popular. The water, the beaches, the warm winds are very attractive conditions. However, they are also the originating locales for tropical storms and hurricanes. The dark side of the
Read more →If you own a home; you’ll want to think about the best way to insure it. One goal is to match your needs to the right company. Some companies like new, high-valued homes while some companies do well with older or historic preservation homes. Others are comfortable
Read more →Check out our new TV commercial on Vimeo. The commercial will be showing on channel 2 around the Today Show, Jeopardy, and the local news. [video link="http://vimeo.com/34840303" width="100%" height="350px" type="vimeo"]
Read more →Besides proving that you’re a responsible driver, having auto insurance also means that you’re complying with your state’s requirements for driving on its roadways. However, even if you have auto insurance, there are still instances, called exclusions, when your policy won’t provide coverage. Why should exclusions exist
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