Are You Insured When Snow Damages Your Swimming Pool?

Spring is here and summer is just around the corner. Thoughts of having friends and family over to enjoy the swimming pool come to mind. However, this year there were several winter snow storms. They’re commonly called nor’easters. The youngsters enjoyed the sled riding, the building of snowmen, and of course the closing of schools. […]

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WILL FEMA PERFORM BETTER FOR HARVEY AND IRMA VICTIMS THAN THEY DID FOR SANDY VICTIMS?

There are already thousands of insurance claims for damage caused by Hurricane Harvey and Irma. FEMA expects thousands more claims yet to come. Victims hope for a smooth claims process and accurate payment for damage. But, if the recent past is any indication, these hopes may well be wishful thinking. Hurricane Sandy claims are now approaching 5 years […]

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Is A Car Covered by Homeowners Insurance Should The Garage Burn Down?

Homeowners Insurance vs. Automobile Insurance The question “If my garage burns down, will my homeowners insurance cover my car?” arose after I posted an article on homeowners insurance. The question has prompted me to offer an answer along with an explanation. While the question of coverage would seem to elicit a simple answer such as […]

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Taking A Closer Look At Your Homeowners Insurance

If you own a home then you undoubtedly have homeowners insurance. The question that you need to ask is if you are really protected or are you wasting your money? There are a lot os questions, but first, let’s define homeowners insurance: What Is Homeowners Insurance? Homeowners insurance is property insurance that covers a private residence. […]

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Questions You Should Ask About Flood Insurance For Your Property

Congress created the National Flood Insurance Program (NFIP) in 1968. The Federal Emergency Management Agency (FEMA) manages the NFIP. Flood insurance is not commonly included in your home owner’s insurance and therefore damage from a flood won’t be covered. Flood insurance is a separate policy, but unless your mortgage lender requests it, you are under […]

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DEFINING COINSURANCE

This is a term that anyone owning property should become familiar with. Most commercial property polices have a coinsurance clause. You should have this conversation with your insurance consultant or provider. Be specific when you inquire about any coinsurance clause that may be included in your policy. And obtain clarifications regarding the value of the property and […]

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