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State Farm VP Apologizes to Homeowner While Allstate Exec Gets Grilled at U.S. Senate Hearing

Insurance Journal

It’s not just some Florida-domiciled insurance carriers that have allegedly altered field adjusters’ reports or low-balled property damage estimates in recent years. It’s also major national insurers, according to adjusters and policyholders who spoke at a recent U.S. Senate hearing …

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State Farm VP Apologizes to Homeowner While Allstate Gets Grilled at Senate Hearing

Insurance Journal

It’s not just a few Florida-domiciled insurance carriers that have allegedly altered field adjusters’ reports on property damage in recent years. It’s also major national insurers, including Allstate and State Farm, adjusters and policyholders alleged at a U.S. Senate hearing …

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State Farm VP Apologizes to Homeowner While Allstate Gets Grilled at Senate Hearing

Insurance Journal

It’s not just a few Florida-domiciled insurance carriers that have allegedly altered field adjusters’ reports on property damage in recent years. It’s also major national insurers, including Allstate and State Farm, adjusters and policyholders alleged at a U.S. Senate hearing …

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Why Are Personal Auto Insurance Rates Increasing?

Scott Insurance

Increased Volume and Cost of Auto Claims Your personal auto insurance is designed to pay for the costs that may be incurred due to an accident (property damage/repairs, medical costs). Therefore, if the costs associated with an accident increase, insurance premiums will follow suit. appeared first on Scott Insurance.

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How Automatic Water Shut-off Systems Can Help Homeowners Avoid Costly Water Damage

Scott Insurance

Water damage, one of the leading and most costly causes of property damage in the U.S., However, many homeowners are unaware of one simple solution that can prevent damage, save them money and give them peace of mind. is also one of the easiest and least expensive threats to mitigate.

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How to Read Homeowners Insurance Quotes

TGS

TGS Insurance » Blog What Is a Homeowners Insurance Quote? A homeowners insurance quote is the proposed amount that you would pay an insurance carrier to cover your home. The quote will be based on many factors, including your home’s age, building features, location and size, as well as your insurance score.

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E&O vs. EPLI: What Coverage Do Your Clients Need?

ProWriters

E&O typically covers claims related to professional services resulting in financial harm to a client, while Professional Liability covers a wider range of claims, such as bodily injury or property damage. The policy extends coverage for a specified period, typically one year, and can be renewed annually. What does EPLI not cover?