Insurance policies have two different definitions of value: Actual Cash Value (ACV) and Recoverable Cash Value (RCV). These two definitions will play a significant role in your insurance claim. Today, we’re explaining the difference between these two definitions – and how those differences could affect you. The Difference is Whether or Not Depreciation is Covered […]
Water damage insurance claims can be costly and headache-inducing. Your insurance agency’s goal is to settle your claim while giving you the least amount of money possible. When it comes to water damage, they can be particularly nasty. Here are 5 things you need to know about maximizing your water damage insurance claims. For even […]
Experiencing a fire in your home can be devastating. But even if you have fire insurance, you may have trouble filing a claim for smoke damage in your home. If you’ve been frustrated by an insurance agency that’s refusing to pay for smoke damage from a fire, then we want to help. Here are some […]
In March, 2016, Texas experienced one of the worst hail storms in its recorded history. Counties across the region reported $500 million in damages, including serious damage to 50,000 cars and 25,000 homes in Plano and Collin County alone. One insurance adjuster expert interviewed by ABC affiliate WFAA claims that total damage from hail storms […]
If you’ve been lucky enough to not have to use your insurance after a major home or auto accident, you may not be quite sure what a claims adjuster is. If you’ve never had to struggle with your insurance agency to get fair compensation after an accident, you may not be quite sure what a […]
Public adjusters help you maximize your insurance policy and fight back against bullying insurance agencies. They work hard to give you the money you’re legally owed according to your policy. But like in any profession, public adjusters vary widely in terms of quality. Here’s how to easily pick the perfect insurance adjuster for your unique […]
Public adjusters are insurance professionals who can increase the size of your settlement by up to 70%. But how do public adjusters actually help when disaster strikes? Here’s what you need to know before hiring a public adjuster. Most Homeowners Only Have a Vague Idea of What Their Home Insurance Covers Let’s be honest: you […]
Most homeowners would assume that when they purchase insurance for their home, they know exactly what kind of coverage they have and what they can expect to receive in the event of an emergency or a disaster. Unfortunately, many of them are wrong. In the past twenty years, insurance companies have resorted to increasingly insidious […]
Two years after Hurricane Sandy ravaged the East Coast, FEMA has agreed to re-open over 140,000 of the insurance claims filed by homeowners after the storm. This move comes after thousands of homeowners have made allegations of fraud against insurance companies who denied homeowners their full coverage amount, through means such as denying the existence […]
Many times, when people hear the word “insurance” they have one of two reactions: boredom or confusion. For something as ubiquitous at homeowners insurance, many people simply don’t know how it works, what it covers, or how it functions in the event of an emergency. Learning the basics of homeowners insurance is the first step […]
