Homeowners and Business Properties Risk Being Underinsured, Says APCIA Survey
Only 30% of insured homeowners have purchased more insurance or increased coverage limits to compensate for rising building costs, the APCIA survey found.
Homeowners
Limiting Factors: Is Your Client’s Homeowners Limit Adequate?
Miscommunication between homeowner and agent is just one way coverage gaps are created. Here are five more areas to watch out for potential errors and omissions.
Dog-Related Claims Cost $881 Million in 2021
The number of dog bite claims across the country increased 2.2% from 2020, according to a study released last week.
When Does the Continuous Seepage Exclusion Start in a Homeowners Policy?
A carrier denied a claim for floor damage after a condensation line leaked because of the time period over which the leak occured.
Ice Ice Baby: Mitigating Winter Risks in the COVID-19 Era
As homeowners seek to prevent risks related to winter weather, they should keep in mind that service companies struggle to find enough employees, similar to other industries.
ISO Updates Homeowners Policy Form: What’s New in 2022?
This is the first major revision of the homeowners form in over 11 years and will be effective in March 2022.
HSB Adds Social Media Income Coverage to Home Cyber Insurance
HSB Home Cyber Protection™ adds cyber insurance coverage to homeowners and renters insurance policies.
Should the Cosigner on a Mortgage Be Added to the Homeowners Policy?
An insured is buying a house and will have a cosigner on the mortgage. The cosigner would not have any ownership of the property. Can the cosigner be named in any way on the homeowners policy?
States Curb Dog Breed Exclusions in Homeowners Insurance
Since June, three states have placed restrictions on carriers’ ability to limit or deny homeowners insurance coverage based on ownership of specific dog breeds.
The Emerging Classics of the Collector Car Market
As generations grow older, the definition of a classic car is changing. Agents have the opportunity to provide products and coverages to the newest generation of collectors.
