How to Boost your Insurance Payout on Property Damage Claims
Posted by admin on Aug 18, 2008
Filing property damage claims is a complex process that often results in the property owner being shortchanged. First and foremost, insurance companies are for-profit businesses. They aren’t in the business for fun; they’re in the business to make money. Insurance companies have two ways to make money: collecting premiums and minimizing payouts. It [...]
Do I need Flood Insurance?
Posted by admin on Aug 15, 2008
Did you know that your homeowners insurance does not cover water damage due to natural flooding? Overflowing rivers, tidal surges, city storm drain backups, and storm driven rain may flood your home but unless you have specific coverage against these perils, you’re likely on your own.
In addition to natural flood disasters, your homeowner’s insurance policy [...]
What To Do If You Are Dropped By Your Homeowner Insurance Company
Posted by admin on Jul 25, 2008
Have insurance companies lost their shirts this last decade in payouts from hurricanes, terrorist attacks, wild fires and tornados? Not necessarily, but such events have made it easier for insurance companies to rationalize denying homeowner claims and drop customers they can reasonably predict will file a claim. So, what should you do if you are [...]
Understanding Your COBRA Insurance Benefits for Texans
Posted by admin on Jul 23, 2008
The Consolidated Omnibus Budget Reconciliation Act (COBRA) was passed in 1985 to create health care coverage continuation rights for employees.
Basically, it provides you with these rights whenever one of the following “qualifying events” occurs:
1. You lose your job…
2. Your employer reduces your hours enough that you are no longer eligible to participate in your employer-sponsored [...]
Does My College Student Need Renter’s Insurance?
Posted by admin on Jul 22, 2008
Sending your child off to college is a time full of wonder—and questions. In addition to all the normal questions—such as, “How am I going to pay for all this?”— you may be wondering whether your college student’s possessions are covered by your homeowners insurance or if purchasing renter’s insurance makes sense.
Everyone knows that as [...]
Life Insurance Without Invading Your Privacy
Posted by admin on Jul 22, 2008
Not so long ago, applying for a sizable term life insurance policy meant the invasion of a physical exam. You might have gotten off with just having a medic collect some body fluids and weigh you, or you might have had to go to the doctor for a full physical. This took a lot of [...]
Understand Health Insurance For Your Family
Posted by admin on Jul 21, 2008
I know that choosing the best health insurance plan can be very confusing. After all, most of us are not benefit professionals, and we need to wade through a lot of details to get to that right plan. Our parent’s generation probably had it a lot easier. For one thing, health care was not as [...]
Use Home Inventory Software to Guarantee You Have Enough Home Contents Insurance
Posted by admin on Jul 16, 2008
You may have home contents insurance as part of your homeowner’s insurance policy, but to ensure that you have enough coverage, you need to conduct a home inventory. Using Insurance Information Institute’s Know Your Stuff (www.knowyourstuff.org) home inventory software, you can create a room-by-room inventory list of all of your personal belongings.
Putting together an up-to-date, [...]
What to do to Keep from Being Dropped by Your Home Owner’s Insurance Company?
Posted by admin on Jul 15, 2008
Insurance companies have become more than a little persnickety about whom and what they will insure these days—and with good reason. Considering the rise in wildfires, hurricanes, terrorist plots and myriad other disasters, they’ve been at the losing end of the numbers game for the last decade. What is their solution? They whittle clientele to [...]
When Two Households Become One: Home Contents Insurance for Couples Approaching Marriage
Posted by admin on Jul 10, 2008
When Two Households Become One: Home Contents Insurance for Couples The two of you are living together and engaged to be married. You’ve entered into the, “What’s mine is yours and what’s yours is mine” frame of mind. You borrow his bike, his clothes; he plays your CDs and uses your laptop. Sometimes, you leave [...]
