insurance agent: How Sure Is Sure? Homeowners Coverages.....Is your trampoline covered?
- 06/12/08 09:58 AM
I recently had a client who for 15 years was insured with a company they "thought' covered the liability exposures of their trampoline. Even after I mentioned to her that I was pretty sure that her contract did not provide coverage for trampolines, her broker continued to tell her that she was covered. I did my research for her and called several other brokers who write business through the same company. She did NOT have coverage. Make sure that when you are buying insurance you are purchasing coverage that WILL protect you. In this case it was in her best interest to get rid … (5 comments)
Due to the recent fires, I wanted to address coverage's provided by, homeowners, condo, and renters policies.*** Additional living expenses: If you face a mandatory evacuation your property insurance coverage will cover your additional expenses for hotels, food, clothes etc up to the maximum amount of your policy limits. If your property does not receive any damage you have this coverage for UP to two weeks. If you have property damage you may receive this coverage for up to 1 year. (With some companies your deductible may apply to this coverage also, if it does you should look elsewhere.)
Liability: This provides coverage for … (6 comments)
insurance agent: Mortgage protection for the mortgage company, then why not protection for you and your family?
- 07/20/07 04:03 PM
When I purchased my first property I was told that if i did not put a certain amount of money down that I would have to purchase mortgage protection insurance, and that it would cost me a certain amount more each month of which would be tacked onto the loan payment. This is to protect the mortgage company. Anyone who purchases a home with a loan should have life insurance to protect themselves. There is also mortgage protection insurance to protect the home buyer. If something where to happen to them it would pay off their mortgage up to the limits of the policy. … (10 comments)
insurance agent: Does your auto insurance REALLY cover anyone to drive your vehicle? Or are you taking big risks!!!
- 07/19/07 04:18 PM
This is a common question that I receive from prospects, and clients. Does my insurance cover anyone who drives my car? Many insurance companies tell people that yes they are covered, when in fact they are not covered as much as they may think. Quite a few insurance companies out there do not write what we call "permissive use" policies, many of which you might think they would. This means that although your coverage's may look the same for the liability limits 250/500/100, they are in fact much different when you lend your vehicle to others. Insurance companies that do not write a permissive … (35 comments)
I recently had a client who for 15 years was insured with a company they "thought' covered the liability exposures of their trampoline. 
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