Property Value Estimator: Who Is Liable for Underinsured Homeowners Claim?
If an agency uses a carrier’s property cost estimator evaluation tool to come up with a valuation on a risk, who is liable if the risk is underinsured?
Homeowners
What’s the Difference Between Insuring a Condo and a Townhouse?
Can townhouse exteriors be insured by each owner, with the homeowners association (HOA) insuring common areas?
From the Front Lines: Homeowners
“Inflation isn’t sparing the housing market, pushing up prices for homes and everything within them,” says independent agent Jake Sparrenberger. “Couple that with the rising frequency and severity of storms, and insurance companies find themselves footing
4 Tips to Help Multifamily Property Owners Mitigate Hurricane Risks
With hurricane season underway, now is the time for agents to work with community owners in hurricane-prone areas to assess their exposures.
Most Americans Do Not Fully Understand Their Insurance Coverage
The Trusted Choice® survey revealed that while most U.S. insurance consumers don’t fully understand the policies they have purchased, 86% believe they do.
3 Safety Tips Agents Should Offer to Short-Term Rental Hosts
For hosts of Airbnb and Vrbo properties, there are options that an independent insurance agent can offer, as well as numerous tips agents should relay to their clients to avoid a claim.
The 1990s Are Classic: Protecting Modern Collector Cars
The ‘90s have officially achieved classic status.
32.7 Million Homes at Risk of Hurricane Damage
Across the nearly 33 million homes stretching from Texas to Maine that could be impacted by hurricane winds, the combined reconstruction cost would be $10.8 trillion.
AN Radio: Preparing for the Storm and Flood Insurance Strategies
Brian Chapman, agent and owner of Chapman Insurance in Florida, sits down with Cassie Masone, vice president of flood operations at Selective Insurance.
Does a Homeowners Policy Cover a Water-Damaged Subfloor That Contains Asbestos?
After the client submitted a claim, the restoration company found asbestos in the subfloor that was damaged in the claim incident. The adjuster is denying any coverage for the removal of the subfloor.
