Like most businesses, insurance companies want to make a profit. As a result, they check your safety records too. Consider this, an insurance company (or agent) that writes a $1,000,000 liability for a company with a poor record becomes liable for any claims that company causes.
For most, this is the time of the year to enjoy eggnog, while singing Christmas carols and sharing memories by an open fire. Did you know that this time of the year also results in an increased number of avoidable home fires?
Even though your insurance agent may have told you that water damage is covered, water damage coverage is often misunderstood. As a result, people file claims to cost time and money. This blog post will explain the differences between the different types of insurable water losses so that you are more informed the next time your shop for your homeowners insurance policy.
Understanding insurance can often be like trying to learn a foreign language. Many find it confusing and intimidating.
