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Michigan DIFS Urges Residents to Review Policies Amid Winter Risks

Insurance Journal

The Michigan Department of Insurance and Financial Services (DIFS) is urging residents to review their auto, home, and renters’ insurance policies to ensure they fully understand their coverage and have a plan to pay policy deductibles in the event of …

Policy 245
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What Is A Home Insurance Deductible?

Simply Insurance

How Much Is A $100,000 Life Insurance Policy? Learn everything you need to know about your home insurance deductible, their options, and how they work! Well, here’s the thing: Figuring out how your homeowners insurance deductible works isn’t complicated and it almost works like any other deductible. Agents not required.

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Why Museums Should Buy a Stand-Alone Fine Art & Collectibles Policy

Distinguished

Museums require specialized protection against various risks. While adding these items to a property or package policy might seem convenient, museums face unique exposures that such generalized policies often fail to address. What Does Distinguisheds Fine Art & Collectibles Policy Cover?

Policy 52
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Court Finds Policy Term, “Windstorm,” to be Ambiguous in Coverage Dispute Involving Tornado

The Property Insurance Law Observer

29, 2024)), the Court determined that the term “windstorm” was ambiguous as utilized in the subject insurance policy. The insurer paid only a portion of the claim because it maintained that the tornado that struck and damaged the property was a “windstorm” and, therefore, the claim was subject to the policy’s “Windstorm or Hail Deductible.”

Policy 130
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Best Landlord Insurance In Wyoming For Your Rental Property!

Simply Insurance

How Much Is A $100,000 Life Insurance Policy? However, bear in mind that the final price will vary for all landlords depending on where you reside, your building, liability coverage options, your credit history, deductible, and other plan options. Deductibles - A deductible is another alternative that you may customize to your budget.

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Best Homeowners Insurance In Illinois To Cover Your Home

Simply Insurance

How Much Is A $100,000 Life Insurance Policy? So whether youre just starting your search or you already have a policy and are looking for a better deal, keep reading for the best information on homeowners insurance in Illinois. If you have a $1,000 deductible, you will need to pay the first $1,000 of any covered claim yourself.

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Common Commercial Insurance Mistakes (and How to Avoid Them)

Mark Jackson Insurance Agency

From underinsuring key assets to misunderstanding policy exclusions, commercial insurance missteps can leave your business exposed to financial loss. Choosing the Wrong Deductible It’s tempting to choose a higher deductible to lower your premium, but that can backfire in the event of a claim. In many cases, it doesn’t.