Many people assume their homeowner’s insurance policy will provide protection of personal property and personal liability for anyone residing in the household. This is NOT true and could result in unpaid losses and costly defense costs for both parties if a claim occurs. So who is covered under a homeowner’s policy?
Getting ready to take your motorcycle out of storage? Here are some tips on getting your bike road-ready for the spring! #1: Open the filler cap and look for gunk. If the fuel is questionable, it may be a good idea to drain the tank, fuel lines and carburetor. #2: Before starting
With the state of today’s economy who is not trying to reduce costs and save money? Just last night I spoke to a client that lost her job and no longer has to commute 14 miles one way to work. By adjusting her annual mileage and daily use, we were
Even if you don't own a home, you still have a lot at stake. After all, your personal belongings, like clothes, furniture and electronics, have significant value. And even though your landlord probably has insurance covering the building that you live in, that insurance does not include any coverage for
Many properties in Yolo County, Natomas, Visalia and other areas throughout California have been subject to revised flood maps since October 2008. The premiums for these policies can run up to $1,400 or more per year! GOOD NEWS! FEMA has extended the lower cost Preferred Risk Policy (PRP) eligibility for buildings
Recently (click to see May 3, 2010 Blog Entry), up to 5 self insured groups managed by CRM holdings have closed and or failed in California. One recent failure is the CAPSIG Self-insured group which CRM managed. With a claims shortfall of $20,000,000 and growing, the 200 members of the CAPSIG
It is my experience that companies that truly (or at least give the appearance of) caring for injured workers will significantly reduce their claims costs and avoid unnecessary litigation. The term "Culture of Caring" should be applied when companies are putting together their injury management plans. A large portion of
We recently received correspondence from Travelers Insurance stating a customer contacted them praising one of their Claim Professionals. “Thank you so much for your professionalism and prompt response to my communications. It has been a pleasure working with you to solve the issues surrounding this traumatic event. For that reason, I have recommended you
Introducing a brilliant three-step Workers' Comp premium payment strategy that can save you money: Van Beurden Insurance is currently placing Workers' Compensation accounts in The Hartford XactPay® system. It's the fastest growing payment format in the industry. More than 60% of all employers currently use some form of "instant" pay
People who own valuable possessions such as jewelry, antiques, paintings and other fine arts need broader coverage than what a basic homeowner’s policy provides. Although most homeowners’ insurance policies will pay for items damaged by losses such as fire and theft, scheduling these items expands coverage to protect additional losses such