Earlier this week I was listening to a news report about how, many insurance companies were no longer willing to insure properties along the coast lines of the US. Those insurance companies stated that the increased threat of natural disaster and stricter regulation by the state forced them to make this decision rather than to continue doing business in those areas. The report went on to say that people living in those areas were having to go to "last resort" companies, funded by the state, in order to secure coverage. According to the report, the state funded insurance companies didn't have … (13 comments)
premium: Hail? It must be springtime in the Rockies!
- 05/29/07 10:43 AM
As I see the hail come down and fill the gutters and downspouts with white little pebbles, I am reminded of just how fickle Mother Nature can be. Why it was just yesterday that I was enjoying a great BBQ with friends and admiring how warm it had gotten. Today, the streets are covered with a white blanket that will soon melt. No doubt the calls will come in for hail claims tomorrow. A few ideas on how to minimize your losses when dealing with hail: •- To Claim or Not to Claim?Comp claims on cars normally don't increase your premium, but that … (3 comments)
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