Distinguished

JUNE 2, 2025

Some of the most common claims we see in the state include: Frozen pipes in winter that cause water damage to basements or walls. Wind or hail damage to siding and roofing systems. Winter brings heavy snowfall and cold temperatures, and with it, ice dams and frozen pipes, which can cause significant property damage. 

Liability

Simply Insurance

JUNE 3, 2025

Well, here’s the thing: Figuring out how your homeowners insurance deductible works isn’t complicated and it almost works like any other deductible. They both work the same way in that you have to pay them before the insurance company pays out the remainder of a claim. What Is A Home Insurance Deductible?

Deductible

Shield Insurance Agency

MAY 12, 2025

As the weather warms up and spring is in full swing, many of us are eager to get our recreational vehicles out and enjoy the season. Accidents happen, and if someone gets hurt, you could face significant out-of-pocket expenses without adequate coverage. Standard policies typically do not extend to these types of vehicles.

Out-Of-Pocket Expense

Protect Commercial Insurance

MARCH 28, 2025

It’s a special type of insurance policy designed to protect landlords from the financial uncertainties associated with renting out their properties. Heres how rent guarantee insurance steps in to cushion the blow: – Reliable Income Stream : With this insurance in your pocket, youre assured that your rental income is protected.

Insurance

Distinguished

APRIL 21, 2025

The damage is extensive, and tenants are forced to relocate while repairs are underway. However, with opportunity comes risk: property damage, liability claims, and unexpected financial losses can quickly turn a profitable investment into a costly liability. Sewer and drain backup: Protects against water damage from plumbing backups.

Broker

Freeway Insurance

NOVEMBER 19, 2024

You know that your home insurance is there to help you recoup your costs and repair damages to your home after an unexpected situation. This pesky fungus can cause serious damage to your property, and getting it fully removed can cost a pretty penny. But does home insurance cover mold, or will you have to pay out of pocket?

Damage

Shield Insurance Agency

AUGUST 20, 2024

Small Insurance Claims Can Raise Premiums Small insurance claims, such as those for minor property damage, may seem like a hassle to deal with. Many policyholders may be tempted to file a claim for every little incident in the belief that their insurance policy will cover all damages.

Insurance Claim

ProWriters

SEPTEMBER 23, 2024

Without proper protection, businesses can find themselves facing exorbitant legal and defense costs, reputational damage, and even financial ruin. Out-of-pocket costs in settlements are rising. Legal fees, settlements or court-ordered punitive damages, and potential harm to a company’s reputation can add up quickly.

Out-Of-Pocket

American Agents Alliance

OCTOBER 24, 2024

By Mark Robinson In July 2024, a significant class action lawsuit was filed against the California FAIR Plan, accusing the state’s fire insurance backstop of improperly denying smoke damage claims in violation of California Insurance Code Sections 2070 and 2071.

Damage

Paragon Independent Insurance Agencies

JULY 31, 2024

Lenders want to ensure their interest in the property is protected if an unfortunate disaster damages it. A home insurance deductible is the money you must pay out of pocket when filing a claim before your insurance kicks in. You will be responsible for paying a deductible out of pocket every time you file a homeowner claim.

Deductible

Smart Insurance Agents

AUGUST 31, 2024

Complications from impacted wisdom teeth, such as pain, infections, and damage to adjacent teeth, often necessitate their removal to maintain oral health. Complications from impacted wisdom teeth, such as pain, infections, and damage to adjacent teeth, often necessitate their removal to maintain oral health.

Out-Of-Pocket

Protect Commercial Insurance

NOVEMBER 1, 2024

Let’s dive in and find out what each offers! Let’s delve into what landlord insurance offers and why it might be the right choice for you as a property owner renting out one or more homes. It’s crucial because it ensures you won’t have to bear the financial burden of significant repairs out of pocket.

Home Insurance

TGS

OCTOBER 28, 2024

Simply put, a deductible is the amount you agree to pay out of pocket before your insurance kicks in after a claim. It’s a bit of a balancing act: on one hand, a higher deductible can lower your monthly premiums, but on the other hand, it means you’ll pay more out of pocket in the event of an accident.

Deductible

TGS

OCTOBER 3, 2024

Coastal homes in Florida, for example, face higher premiums due to the increased risk of hurricanes, flooding, and wind damage. These features reduce the risk of significant damage or theft, meaning less risk for the insurance company. So, not only do these add-ons keep you safe, but they can also keep more money in your pocket.

Premium

Property Insurance Centre

SEPTEMBER 25, 2024

See what is not covered in terms of events/damage for your policy and think about getting flood insurance or accidental damage insurance if desired. Accidental damage is not usually covered by a normal building insurance policy. This way you can avoid situations where you end up finding out what you are not being covered for.

Building

Paragon Independent Insurance Agencies

SEPTEMBER 30, 2024

Ensure your tiny house is insured against theft and damage. This coverage will cover the cost of repairing your tiny home and reimburse any out-of-pocket expenses you incur as the primary owner. This coverage will cover the cost of repairing your tiny home and reimburse any out-of-pocket expenses you incur as the primary owner.

Out-Of-Pocket Expense

Freeway Insurance

OCTOBER 8, 2023

It could be an accident, theft or storm damage, for example. There’s also the possibility of shelling out money for a rental car and any immediate medical or car repair costs from your own pocket. Freeway Insurance is a company well known for making sure that drivers across the United States have good insurance coverage.

Auto Insurance

TGS

OCTOBER 30, 2024

Imagine discovering after a claim that the policy won’t pay enough to replace your roof or cover water damage. Some may exclude things like flood damage, earthquake damage, or—if you live in coastal areas—windstorm coverage. And don’t forget, certain types of claims—like hurricane damage—can carry their own separate deductibles.

Insurance Quotes

Shield Insurance Agency

APRIL 19, 2024

This coverage pays for damages to your vehicle regardless of fault, meaning that even if you are at fault for the accident, your insurance will cover the repair costs up to the actual cash value of your vehicle, minus your deductible. The deductible is the amount you must pay out-of-pocket before your insurance coverage kicks in.

Auto Insurance

Cover4LetProperty

JUNE 1, 2025

Without this cover, the property and its contents remain at considerable risk of loss or damage, the income stream on which you have come to rely might suddenly become disrupted, or you might face financially crippling claims for damages if someone else is injured or has their own property damaged.

Damage

Bankers Insurance

AUGUST 8, 2024

Specifically, they may lack sufficient coverage following property losses, forcing them to pay out-of-pocket expenses to fully rebuild. Depending on the severity of property losses and rebuilding operations, these out-of-pocket costs could lead to major financial setbacks or even bankruptcy. inflation).

Commercial Property

Bankers Insurance

MAY 16, 2024

Sustained losses inflicted by natural disasters spurred some insurance companies to pull out of the homeowners insurance market in high-risk areas, such as California and Florida, leaving residents with fewer options and higher prices. WHAT HAPPENED IN 2023? The inflation spike during 2022 reverberated throughout the U.S. billion each.

Home Insurance

TGS

OCTOBER 25, 2024

Materials weaken, systems wear out, and even the most well-maintained property is subject to the natural process of aging. Every year your home grows older, it becomes more prone to issues such as plumbing leaks, electrical faults, or roof damage—all of which can lead to costly insurance claims.

Home Insurance

TGS

OCTOBER 3, 2023

If you suffer from losses or damages beyond those limits, you will be responsible for paying the rest out of pocket. Deductibles In the event of a worst-case scenario, your deductible is the amount you’ll be obligated to pay out-of-pocket before your insurance will step in to foot the rest of the bill.

Insurance Quotes

TGS

SEPTEMBER 11, 2023

This covers any damage caused by wind or hail events. With replacement cost coverage, a flood policy must also be active at the time of the damage, or else there will be actual cash value coverage. In South Carolina, if you have a loan out on your home, you must have either wind and hail coverage or names storm coverage.

Insurance

Freeway Insurance

DECEMBER 24, 2024

Even with natural disaster coverage, your policy might not fully account for the increased value of your property, leaving you unprepared for costly out-of-pocket repair bills. However, reviewing your home insurance policy on a regular basis is essential if you want to fully protect your property.

Home Insurance

Protect Commercial Insurance

JANUARY 23, 2024

This cover can provide access to legal advice and cover the costs of legal representation and court fees, ensuring that you’re not left out of pocket during a legal battle. At Protect Commercial , our Insurance product provide expert advice on the intricacies of property law and the challenges landlords face.

Risk

Protect Commercial Insurance

NOVEMBER 8, 2024

It provides protection against a plethora of risks, including property damage, liability claims, theft, and even employee injuries. – Liability Insurance: Covers your business in case of lawsuits due to injuries or damages caused as a result of business operations. The good news? You can cut costs without sacrificing coverage.

Commercial Insurance

Protect Commercial Insurance

JULY 26, 2024

Property insurance can protect these assets from damage or loss due to fire, theft, or other covered perils. It provides coverage for third-party bodily injury or property damage claims that may arise from accidents on your premises or as a result of your products or services. It covers legal fees, settlements, and judgments.

Commercial

TGS

SEPTEMBER 6, 2023

Some carriers impose a 5% construction deductible, which means extra money out of your pocket for something that would’ve been covered with advance notice. In that case, your insurance carrier may consider it vacant, which means you won’t be protected from damage caused by intruders.

Insurance Policy

Healthinsurance.org

MAY 20, 2024

In this article HealthCare.gov policyholders at risk Scammers circumvent consumers protections The damage to affected Marketplace buyers Factors that led to the alleged fraudulent activity Buyers with lower incomes targeted Is this happening in states that run their own Marketplaces? What should consumers do? How was that possible?

Broker-Agent

Jackson & Jackson

MAY 22, 2024

It covers property damage, loss of income, liability claims, etc. For instance, a policy might cover repairing or replacing a roof damaged by a storm or the value of stolen office equipment. Multi-unit commercial properties in California offer investors the potential for significant returns.

Property Insurance

ProWriters

MAY 7, 2025

Major breaches result in class-action lawsuits and reputation damage. million in damages. Key Questions Brokers Must Ask Insurers Before recommending a policy, make sure it protects against HIPAA data breaches: b Many exclude regulatory fines, leaving providers to pay out of pocket. million patient records.

Cyber

Distinguished

JUNE 2, 2025

Some of the most common claims we see in the state include: Frozen pipes in winter that cause water damage to basements or walls. Wind or hail damage to siding and roofing systems. Winter brings heavy snowfall and cold temperatures, and with it, ice dams and frozen pipes, which can cause significant property damage.

Liability

Distinguished

MARCH 25, 2025

This kind of coverage ensures each piece is protected at its full appraised value and accounts for risks unique to collectible decoys, such as accidental damage, theft, and environmental factors like humidity and warping. Many have been passed down through generations or acquired at exclusive auctions.

Deductible

Protect Commercial Insurance

MAY 23, 2025

Protection Against Property Damage Image courtesy: Pexels Every retail shop and salon owner knows that their physical assetslike their premises, equipment, and inventoryare the lifeblood of their business. With coverage specifically for physical assets, you can receive compensation to repair or replace damaged property.

Business Interruption

Protect Commercial Insurance

APRIL 25, 2025

– Financial Losses : Floods can cause severe damage to your properties, leading to exorbitant repair costs. Without insurance, these expenses come straight out of your pocket. Introduction Owning commercial property is a rewarding investment, but it comes with its own set of challenges.

Commercial Property