Insurance Blog
Please read and comment on our blog about a wide variety of insurance topics. Please feel free to ask us any questions.
What Type Of Coverage Do I Need for My Condo?
Posted: September 14, 2009
If you have purchased a condo or co-op, the bank will require insurance to protect its investment in your home. You may, however, need more insurance to cover your personal items, liability or fees that may be charged to you regarding shared areas of the building like the lobby. You will need two separate policies to protect your investment: 1. Your Own Insurance Policy. This...
What is Professional Liability/Errors & Omissions?
Posted: June 16, 2009
Errors and Omissions Insurance protects your company from claims if your client holds you responsible for errors, or the failure of your work to perform as promised in your contract. Coverage includes legal defense costs - no matter how baseless the allegations. Errors and Omissions Insurance will pay for any resulting judgments against you, including court costs, up to the coverage limits on your policy....
Why Are Homeowners Insurance Rates Rising?
Posted: April 8, 2009
Homeowners know that the price they pay for insurance depends on factors like type of construction, age of the home and the quality of local fire protection services. Nevertheless, it is the extraordinary number of catastrophes, the high cost of home repairs, the aging of the U.S. housing stock and the emergence of mold claims (yes, I said mold) that are pushing homeowners insurance rates...
Why Do Auto Insurance Rates Rise?
Posted: March 31, 2009
Vehicle owners understand that their personal driving record, the type of vehicle they drive and how much they drive influence the cost of auto insurance. Yet rising medical costs, sharply higher vehicle repair costs and soaring jury awards in vehicular liability cases are the principle drivers behind higher auto insurance rates today. In several states, fraud and abuse is pushing up the cost of auto...
Personal Property Inventory
Posted: March 20, 2009
Would you be able to remember all your possessions in the event of catastrophic homeowners loss? Most people would say no. Don't make a terrible loss worse. Start a personal property/home inventory today. If making a personal property/home inventory seems to be daunting and expensive help is here with "Know Your Stuff". Know Your Stuff makes creating and updating your home inventory easy. And with...
