Advanced Personal Lines
Advanced Personal Lines
Personal Lines
Back to Basics – What is a Personal Umbrella Policy?
Personal lines policies offer liability coverage limits that protect your insureds if they injure someone or damage their property. But with today’s ever-increasing jury verdicts, it’s not hard to see…
The Challenges of the Canine Liability Exposures and the Standalone Canine Liability Policy
In a recent article we wrote on the problems of canine liability, agents asked where they could obtain a standalone canine liability policy. Our guest writer, insurance agent Debbie Turner,…
Back to Basics – What is Coinsurance and How Do I Describe it to My Clients?
Coinsurance may be the least mentioned yet easily explainable clause in both commercial and personal property and other policies. You will find coinsurance clauses in many types of policies. These…
Understanding Dog Bite Liability and Coverage Issues
Approximately 4.5 million dog bites occur in the U.S. each year, according to the Centers for Disease Control and Prevention (CDC). According to DogsBite.org, from 2005 to 2017, 433 Americans…
An Agent Call to Action: Underinsurance
Is it time to re-visit the methodology used by agents to determine replacement costs and/or re-construction costs? How confident are you that the real property replacement values that you develop…
Problems of Insurance to Value Forefront in the Insurance Industry
Statistics don’t lie, and all across the internet recently we see articles about underinsured homes throughout the U.S. After a loss is a terrible time to discover your insured’s policy…
What is a Replacement Cost Estimator?
Replacement cost estimators are a tool in the property underwriting process, but they are not intended to be exact. They are an organized guess based on data that changes, at…
STDs and the Personal Auto Policy: Part 3 of 3
The jaw-dropping case of a $5.2 million award against GEICO for transmission (excuse the pun) in a car of a sexual disease, human papillomavirus (HPV), is one for the books.…
Preparing a Home Inventory Before Storm Season Eases the Path to Faster Claim Settlements
With hurricane season a concern and unpredictable weather on the rise, homeowners’ losses can be devastating. After your insureds submit a claim, the insurer will request they document their damaged…
