Best Practice for Reviewing Water Damage Language in Homeowners Forms
Our Ask an Expert helps provide best practices for reading the policy to understand water damage coverage.
Our Ask an Expert helps provide best practices for reading the policy to understand water damage coverage.
One of our Big “I” members recently asked our experts the following question. A partnership entity jointly owns a Beach Condo (13 different partners). For property and liability coverage, an…
With more climate-related risks affecting homeowners, helping your clients itemize their home inventories before a loss occurs can save them hours of time and help them recoup more of their…
Insurance agents work hard to protect their clients while safeguarding their own operations against the very real risk of errors and omissions (E&O) claims. Coverage gaps, including “failure to offer”…
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In 2021 according to the Insurance Information Institute (III), almost 24% of losses under homeowners insurance arose from water damage (including freezing-related) claims. From 2017 to 2021, III reports that…
Are you losing clients to online insurance carriers? Do you worry that an issue of inadequate limits, coverage gaps, or payment snafus can expose your agency to an errors and…