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Carolina Agents, Insureds Stunned by Unprecedented Damage So Far Inland

Insurance Journal

Insurance agents in the mountain city of Asheville, North Carolina, said they and their policyholders have been stunned by the catastrophic damage brought so far inland by Hurricane Helene, which dumped 14 inches of rain on the picturesque community and …

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Agents Report Limited Damage But More Claims Expected As Floridians Return Home

Insurance Journal

Insurance agents and carriers in the path of Hurricane Milton reported only minor damage to their own offices and homes but a rapidly growing number of claims from residential and commercial policyholders for roof, flood and auto damage. The Florida …

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What Are the Duties of An Insurance Agent to the Policyholder—A Michigan Case Example

Property Insurance Coverage Law

The duties of an insurance agent to the policyholder will differ depending on state law. Yesterday’s post about a Michigan coverage case, Order and Bind Insurance Before the Loss—Commercial Policy Covers Water Damage Under Drain Backup Endorsement, noted that there was also an issue with insurance agent negligence.

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The Impact of 2 Storms and Claims Advice From a Second-Generation Insurance Agent

Insurance Journal

As if it were yesterday, I vividly remember going to my first catastrophic fire loss with my dad at the young age of nine. It was a house fire in Sarasota involving a resident falling asleep with a lit cigarette.

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The Difference between an Insurance Agent and an Insurance Adjuster

Property Insurance Coverage Law

When your home is damaged, it’s natural for most homeowners to call their insurance agent. Your agent is usually the first person who comes to mind because they sold you the policy. But insurance agents don’t handle claims. That job belongs to an adjuster.

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Does Homeowners Insurance Cover Tornado Damage? Find Out Before the Storm Hits

Agency Height

Does homeowners insurance cover tornado damage? Learn whats included, whats excluded, and how to protect your home from.

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When No One’s Home: Understanding Roleof Vacancy Insurance

Triple-I: Homeowners Insurance

Without anyone home to detect the issue, water had leaked for days possibly weeks causing severe damage to ceilings, walls, flooring, heating and electrical systems. Unfortunately, their standard homeowners insurance policy excluded coverage due to a vacancy clause, which had been triggered by the home’s unoccupied status.

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