Very important question. What are endorsements? They are a set of pages located at the end of your policy that contain useful information about changes in your policy. You need to read these pages as they are critical to the coverages in your insurance policy. If you are unsure about your endorsements, consult with your … Continue reading “What are Endorsements?”
45 Days Notice to Renew Before Expiration of Policy
Did you know your insurance company has to provide 45 days notice to renew before the expiration of your policy? Make sure your insurance company is providing sufficient notice to renew your policy. They have 45 days. If you feel that you have not been properly notified about a renewal of your policy, contact your … Continue reading “45 Days Notice to Renew Before Expiration of Policy”
What Happens if the Property Owner Passes Away?
Question, what happens if the property owner passes away? If the policyholder passes away the insurance company will continue to communicate to an insured who is living at the residence that is a member of the household. If you are unsure whether you are an insured or a member of the household, please consult with … Continue reading “What Happens if the Property Owner Passes Away?”
Can My Insurance Cancel the Renewal for Acts of God?
Your insurance company cannot non-renew you due to acts of God unless you fail to mitigate your damages from a prior claim. If your house is damaged due to an act of God, your insurance company cannot cancel your policy. If you are unsure if you’re wrongfully canceled, consult with your insurance agent or speak … Continue reading “Can My Insurance Cancel the Renewal for Acts of God?”
Open and Read Every Piece of Mail About Your Insurance
Reading the mail is really important, especially when it’s mail coming from your insurance company. Pay attention to notices in the mail regarding cancellation or non-renewal of your policy. You do not want to be caught off guard regarding an increased premium or remove coverages in the endorsement section of your policy to avoid that … Continue reading “Open and Read Every Piece of Mail About Your Insurance”
90 Day Honeymoon. Misstatement Trap!
The 90 day honeymoon cancellation of your policy for misstatements. Your insurance company can only cancel your policy due to misstatements within 90 days of obtaining the insurance. If you’re unsure about this provision, make sure to consult with your insurance agent or speak with an experienced insurance attorney.
Can I get Insurance After I Sue?
So a common question I hear all the time, “if I sue, will I be uninsurable?” No, you are still insurable. If you file too many claims in a short period of time or have a lot of claims, it will be difficult to find new insurance. Make sure to consult with your insurance agent … Continue reading “Can I get Insurance After I Sue?”
Failure to Cooperate with Investigation
Post-loss obligations. One of them is cooperating with the insurance company as part of their investigation of your claim. Allow your insurance company to inspect your property as many times as they request and provide any and all documents that are being requested. You don’t wanna give your insurance company any excuses to deny your … Continue reading “Failure to Cooperate with Investigation”
What Should I do to Keep an Accurate Record of Expenses?
Super important. Keeping an accurate record of your repair expenses is key to having a covered claim. Keep all of your receipts. Do not throw away anything. Organize your receipts so they are easily found and identified. If you are unsure of how to do all this, consult with your insurance agent or speak with … Continue reading “What Should I do to Keep an Accurate Record of Expenses?”