Tag Archives: Homeowners

Don’t bet against Mother Nature

I was recently reading the November issue of Best’s Review, specifically the article on the recent flooding in South Carolina. One of the things that really caught my attention in this excellent article was that the rainfall that caused this … Continue reading

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Are you notifying customers of some homeowner’s limitations?

It is very common for insurance agency staff to notify prospects and current customers of some of the exclusions in their various policies. This is actually a creative way to sell more insurance. One of the key issues when notifying … Continue reading

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Social Media – can it get you in trouble?

In the attached article by Christopher J. Boggs that appeared on www.insurancejournal.com on Aug 4th, this issue is explored with an in-depth review of what coverage could be found under the homeowners policy. Mr. Boggs is vice president for education for … Continue reading

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Recreational Drones: Do Homeowners’ Insurance Policies Provide Coverage?

While there has been a tremendous amount of press written on the subject of drones for commercial use, it is important for agents to understand that drones are also a personal lines exposure.  To read some of the interesting conversation check … Continue reading

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When Dogs Bite, Home Insurers Pay Average $32,000

As you know, I have dedicated a number of articles to the subject of dog bites and the potential that when coverage is limited or not provided under the homeowners policy, E&O claims can occur. As noted in the attached article … Continue reading

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Homeowners valuations – are you relying on your companies?

It is interesting to note that the homeowners line of business generates a significant number of E&O claims. In fact, in some years, it has been as high as 1 in every 5 E&O claims. In the vast majority of … Continue reading

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Survey Finds More Than 50% of Renters are Hispanic, Most Uninsured

It seems that every year, survey results are communicated that consistently show that individuals and families that rent are going without insurance. As noted in the attached Dec 24th article from claimsjournal.com, there appears to be an opportunity for some further education … Continue reading

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Which valuation # should you pick?

It is amazing that if you pick a homeowners account and run the valuation #s for that one risk for 4 of your companies (that use the same valuation program), you will find yourself with 4 different numbers. It appears that this … Continue reading

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Average Number of Dog Bite Claims Is On The Rise Nationwide

As noted in the attached press release from the Insurance Information Institute, the number of dog bites is on the rise. This continues to be a very serious issue facing the insurance industry and it is projected that insurance companies are considering taking … Continue reading

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