williamjones

Wildfires are reshaping the way homeowners, insurers and independent insurance agents approach property protection—and the need for adaptation is urgent.

To keep premiums affordable, homeowners carriers are excluding coverage for what used to be standard covered perils. Cosmetic hail damage is one of those coverages that is increasingly becoming excluded.

​Jewelry may be the quintessential Valentine’s Day gift, but it has also become the darling of would-be fraudsters.

​As we head into a new year, there’s no better time to equip producers with foundational insurance industry knowledge and concepts.

To manage premium increases, 50% of agents suggested that clients move jewelry coverage from their homeowners policy to a standalone jewelry policy, according to a BriteCo survey.

A landlord’s property management firm wants to be added as an additional insured to the policy, but the carrier requires that the property manager is listed on the deed.

The program includes specialized classic car coverages and pricing models that account for the reduced accident frequency often associated with collector vehicles.

An insured has a manufactured home insurance policy. The insured used to live in a home on the same deed of land but has now turned the dwelling into a storage building.

Wildfires are a wide-reaching risk that occur with little warning. The more homeowners understand about the claims process, the easier it tends to be.

After trees fell on an insured’s roof during a windstorm, the carrier is limiting payment to remove the trees from the roof to the $1,000 sublimit under Section 1—Additional Property Coverages for Debris Removal.