Homeowners insurance protects your house against unexpected losses. Generally, homeowners insurance will cover plumbing and leaks. However, it will not cover certain maintenance-related issues or flooding. Today, we’re explaining everything you need to know about how homeowners insurance covers plumbing and appliance leaks, including what’s covered, what isn’t covered, and how to maximize your insurance […]
The COVID-19 coronavirus has wreaked havoc on businesses across the United States. Many businesses expect to receive business interruption coverage with an insurance claim. Insurance companies, however, aren’t sure they are obligated to cover these claims. Nobody knows what will happen with each specific claim filed. COVID-19 business interruption coverage is going to be a […]
A home or business total loss insurance claim can be extremely challenging. By successfully navigating a total loss insurance claim, however, you can receive the substantial amount of money owed to you by your insurance company and fully recover. Today, we’re explaining everything you need to know about a total loss insurance claim for a […]
Billions of dollars of insurance claims are denied in the United States every year. Insurance companies are for-profit corporations. If there’s a reason to deny your claim, then the insurance company will take advantage of that reason. Insurance companies will deny your claim because of exclusions in your policy, for example. They might also deny […]
Many homeowners’ insurance policies have an anti-concurrent causation (ACC) clause. This single clause can play a crucial role in the insurance claims process. For some homeowners, this simple clause has been the difference between a $100,000 payout and a $0 settlement. Today, we’re explaining everything you need to know about the anti-concurrent causation clause, including […]
If a fire destroys your home, you can claim hotel accommodations, car rentals, meals out, and other expenses that are a result of a covered claim. These expenses are claimed through home insurance under loss of use coverage and additional living expenses. Loss of use coverage and additional living expenses can make up a significant […]
Smart homeowners know they need home insurance. However, many homeowners do not fully understand how home insurance works or what is actually covered under their home insurance policy until they are dealing with a home insurance claim – at this point many realize that they don’t have as much coverage as they thought and face […]
You buy property insurance to protect your property. Unfortunately, insurance companies don’t always protect policyholders and hold up their end of the deal. Has an insurance company denied your property damage claim? Is your insurer dragging its feet and taking too long? Have you been offered a much lower insurance settlement than you expected? In […]
Some people have too much insurance coverage. They’re over-insured. Others have too little coverage: they’re under-insured. Are you underinsured? Are you carrying too little insurance for your assets? Is your home sufficiently protected by insurance? Are you exposed to too much risk? Right here, we’re explaining everything you need to know about being underinsured, including […]
A business owners policy (BOP) is a package policy for small businesses. That ‘package’ includes both commercial property and general liability insurance. Insurance companies that cater to small businesses will offer a BOP. Generally, small businesses must meet certain requirements to qualify for a BOP – like work in certain industries or be under a […]
