Thursday, April 15, 2021Recently I saw one of my companies non-renew an auto policy because of 3 towing losses within 6 months. What happens is the auto insurance companies typically charge less $20 every 6 months for roadside assistance and they expect no more than 2 towing's in a 12 month period. READ MORE >>
Monday, March 8, 2021If you own a Rental home or rental unit up to 4 families be sure you have good policy to protect the building and loss of rents. Typically the insurance companies will use a Dwelling Policy Form 3(DP-3) for the properties covered for rebuilding cost or a Dwelling Fire Form 1(DP-1) for the Actual; Cash Value or Market Value Policies. READ MORE >>
Wednesday, February 3, 2021February is earthquake awareness month and a reminder to check and be sure your homeowner, condo, rental home or renter policy includes this valuable coverage. For the policyholder who has a mortgage the coverage should be mandatory; however, it is not. In Missouri we do live in earthquake zone and the coverage is so important. READ MORE >>
Monday, December 14, 2020All homeowner companies have limitations in the event of theft to valuable items. Each company has their own limits; however, most companies are pretty close similar and take it one step further a company like SAFECO has 4 different homeowner programs in Missouri. READ MORE >>
Saturday, November 28, 2020When your car is totaled by your or the other insurance company it can be frustrating. The insurance companies are only required to give you the current value of your car minus any prior damage and your deductible. Typically an insurance company will total a car when damages exceed 70-80% of current value. READ MORE >>
Tuesday, October 27, 2020When a owner-occupied or rental house becomes VACANT(means empty of people and contents) insurance companies can DENY a claim. In fact some may deny if vacant of people and contents for 1 day, others may give 30 or 60 days. The main issue is Vandalism or Malicious Mischief, including fire caused by arson. READ MORE >>
Tuesday, October 13, 2020I was reviewing a publication in Missouri Association of Insurance Agents with real life examples. Scenario #1, An insured was driving on a two lane highway when they struck a pedestrian causing serious head trauma. The insured was not intoxicated, was not speeding and not using cell phone. READ MORE >>
Thursday, September 24, 2020Insurance companies offer many, many discounts on car insurance. The obvious discounts include good driver and multi-car discounts. Discounts can include unusual items such as Advance quote, this is if a person shops ahead of time for example if call on 9-24 to begin a policy on 10-1. READ MORE >>
Friday, August 14, 2020The world keeps changing, innovations are everywhere. Golf Carts used to simply be used on golf courses only, now they are used by people in communities as transportation. When it comes to accident's with damages to property, injuries to passengers do not expect your homeowner policy to automatically protect you. READ MORE >>
Tuesday, June 30, 2020Homeowner policy forms are used for Owner-Occupied residences, not rental or vacant properties. Homeowner forms can be used for owning a home, villa, condo or renting an apartment; however, there are different homeowner forms for each. READ MORE >>
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