Deciding Between Replacement Cost and ACV
Posted: September 18, 2015
Do You Need a Policy to Insure Your Special 'Floater'? Are you a musician? Do you collect art? Is your jewelry of the diamond and pearl variety? If so, you might consider a floater policy to protect your prized electric guitar or great-grandmother's earrings. Often there are limits to your homeowners insurance policy that will make the coverage insufficient for these types of items. They...
Ensure the Right Coverage: Provide the Right Information
Posted: August 25, 2015
Is Your Child’s ‘Stuff’ Covered in the Dorm? Your child is leaving the nest. The car is packed to the hilt and pointed toward campus. Among your concerns about tuition, courses, and when you will see your child next, have you considered the contents of your car? Will your student's belongings be insured in his or her dorm? While the contents of a dorm room...
Does Car Insurance Cover Other Drivers?
Posted: July 15, 2015
Extra Coverage Can Help 'Float Your Boat' This Summer Many boat owners assume their boats are covered under homeowners insurance policies. Homeowners insurance typically offers up to $1,000 in coverage for boats, boat trailers, motors, and related equipment-perhaps sufficient for small craft owners. However, the following exclusions exist: Losses in the water, including damage from sinking and collision, including hitting rocks or other debris. Wind...
Does Car Insurance Cover Other Drivers?
Posted: May 11, 2015
Extra Coverage Can Help 'Float Your Boat' This Summer Many boat owners assume their boats are covered under homeowners insurance policies. Homeowners insurance typically offers up to $1,000 in coverage for boats, boat trailers, motors, and related equipment-perhaps sufficient for small craft owners. However, the following exclusions exist: Losses in the water, including damage from sinking and collision, including hitting rocks or other debris. Wind...
Smart Homes= Lower Insurance Rates
Posted: March 24, 2015
Smart Homes May Lead to Reduced Premiums When the auto industry introduced smart cars, the insurance industry had to figure out how to insure them. Luckily, engineers intended smart cars to be safe cars. Recently, the 2014 Smart Fortwo and the Scion iQ received "Good" scores in three out of four crashworthiness tests conducted by the Insurance Institute for Highway Safety (IIHS). This certainly makes...
