The Benefits of an Independent Insurance Agent
Posted: September 27, 2021
An independent insurance agent offers consumers numerous choices—translating to better coverage, and better value—with policies tailored to each client’s unique needs. What’s the difference between a direct/captive agent and an independent agent? A direct/captive agent works for the insurance company, while an independent insurance agent (also known as an insurance broker) works for the customer. An independent agent works with many different insurance companies and...
Is Lost or Stolen Jewelry Covered by Homeowners Insurance?
Posted: September 1, 2021
Personal jewelry items can be extremely valuable. For example, the average cost of an engagement ring in the U.S. is $7,829, as reported by Brides.com. A strand of South Sea pearls can be worth more than $100,000, as stated by The Pearl Source. If jewelry is lost or damaged because of a covered peril, such as theft, it is covered by homeowners insurance, up to...
Homeowners Insurance Q&A
Posted: August 23, 2021
Questions about homeowners insurance? You’re not alone. Below are answers to some of the most common questions we’re asked about homeowners insurance. What’s NOT covered by my homeowners policy? Typically, coverage does not apply to damage caused by flood, surface water, water that backs up through sewers or drains, earth movement. Personal liability and medical payments do not apply to the operation, ownership, or use...
Why Are My Premiums Increasing?
Posted: August 2, 2021
Even if you aren't moving or remodeling, the increased cost of building materials will affect your home insurance coverage in multiple ways. How Pandemic-Triggered Home Inflation Costs Are Impacting Premiums The real estate market is HOT! And prices for new and existing homes are at record highs. With everyone moving, upgrading, and remodeling, home insurance is more top-of-mind—and more important—than ever. But despite Covid protocols...
Do I Need Insurance for Undeveloped Property?
Posted: June 16, 2021
If you own undeveloped property, does it need to be protected with a separate insurance policy? The personal insurance section of your homeowners policy may cover vacant land up to a specific limit. If a lawsuit is filed against you for personal injury on the property, the policy limit may be too low. Personal insurance can be purchased separately or is one section of your...
