Half of consumers purchasing home insurance don’t dig very deeply into the fine print of their policy. Granted, they place confidence in their agent or company to tell them if they need to know something important about the policy that doesn’t stand out with BIG BOLD letters. However, many times …
Replacement vs. Actual Cash Value on your Roof. This could be very eye opening! Read More »
Should you sign a waiver to let someone inspect your roof? Or a pay a large down payment to schedule repairs? The Texas Department of Insurance has tips to help recognize and avoid common contracting scams. “We all want our homes repaired quickly, but take the time to check out …
As the impact has touched every corner of the state, officials say losses are likely to exceed the $19 billion cost of Hurricane Harvey. As the crisis in Texas continues, insurance industry officials say the deep freeze and snowstorm may become the costliest weather event in the state’s history, as …
Texas Ice Storm Likely to be More Costly Than Hurricane Harvey, Officials Say Read More »
For the first time in history, we can officially say hindsight is 2020. We learned so much this past year about ourselves and it seems the world has changed in so many ways. From an insurance standpoint, one of the biggest changes that might impact you directly is with travel …
As a consumer, nobody likes a rate increase on their insurance especially if you haven’t filed a claim in the past couple of years. What we all too often forget is that insurance is a group risk made up of hundreds of thousands of people just like yourself. And, since …
How Profitable was your Insurance Company in 2019? Read More »
Simply put, reinsurance is insurance for the insurance companies to lower their risk and reduce their exposure to a catastrophic event. If an insurer has too much exposure to a potentially costly event, then that event could cause the company to go bankrupt or even shut down if it’s unable …
With mortgage rates at an all-time low, you might be considering purchasing a new home. And whether this is your first home or your 5th home, you’ll likely purchase homeowners insurance for it. For some, the process of purchasing insurance can be a blur. Your mortgage lender probably told …
They say to look at what people take pictures of and you will see what they are afraid to lose. If you swipe through the photos on my phone you will find thousands of pictures of my husband and children. They mean absolutely everything to me. My biggest fear is …
This past week, one of our clients received a letter in the mail from their auto insurance provider that the recent accident in which they were involved and deemed to be at fault may not provide them enough coverage. Essentially, the letter was letting them know that “hey you might …
Did last year seem like one weather-related catastrophe after another? If you felt that way, you’re not alone. It was a record-breaking year across the U.S., with fourteen extreme weather events that resulted in damage costs of $1 billion or more – altogether totaling about $45 billion. These disasters killed …
