A Message for New Year’s Eve Party Planners
Thinking of staying in this New Year’s Eve with a few friends? While hosting a small get-together may seem like a safe alternative to heading out to a bar or club, it could actually wind up costing you a lot more.
Annual Homeowners’ Insurance Report Released by NAIC
The National Association of Insurance Commissioners issued the 2010 Homeowners’ Insurance Report yesterday, providing data on market distribution and average cost by policy form and amount of insurance.
Holiday Fire Safety
The holiday season is quickly approaching. However, along with bringing Christmas cheer, the additional lights, candles and decoration can also increase the risk of fire. Learn how you can avoid a potential Christmas tragedy in your home by following these simple tips.
Identity Fraud Insurance – Protect Yourself from the Fastest Growing White-Collar Crime in America
Identity theft occurs when someone steals your personal information. A thief can use that information to commit a crime or fraud in your name, in which case identity fraud occurs. Identity fraud can potentially ruin your credit, compromise your financial and medical history and deplete your assets.
Why Purchase Flood Insurance?
Why Purchase Flood Insurance?
It’s the most common natural disaster in the United States and is not limited to coastal areas.
Flood damage is not covered under a standard homeowners policy.
See what just a few inches of water can do to your home. Watch FloodSmart’s interactive demo.
Keep in mind that flood maps have changed recently, so you could be at increased risk for flooding as a result of natural disasters and not know it. Visit floodsmart.gov for a Flood Map Update Schedule.
Crack Down on Mortgage Insurance
It’s Important to understand force placed mortgage insurance and how we can help you. We at Wm. E. Morrell, Inc. work hand in hand to provide insurance for property closings and have insight to what happens when you have a mortgage and let the insurance cancel. Do you have a mortgage and have let your insurance cancel? if so we can help.
The Importance Of Property Insurance
The basic goal behind buying insurance is to make you financially whole following a loss. You agree to pay a (relatively) small fee to an insurance company today, causing a small but certain loss to you now, in exchange for a guarantee from the insurance company that it will bear the burden of a large but uncertain loss in the future.
Don’t Guess – Know
You should know what your policy does and – more importantly – does not cover. Insurance companies don’t stay in business by charging a minimal amount to cover any and all things which could possibly happen to your property.
Hurricane Insurance: What You Need to Know
I live in an area that has lots of hurricanes — should I buy extra insurance?
“It’s more important to know what coverage you have before looking at adding more insurance.” notes Mike McCartin an independent insurance agent with Joseph W. McCartin Insurance in College Park, Maryland. Examine your plan and see if a “named storm deductible” is included. Is wind damage included? In Florida, for example, you must purchase a separate policy for wind coverage. Florida averages about 2-3 hurricanes per year.
As Home Prices Fall, Insurance Premiums Go Up
According to an article in The Wall Street Journal this week, housing prices are finally coming back down to earth. However, insurance premiums for homeowners insurance continue to rise. With our expertise, we can help with finding you a better price in this tough economy. Premium is based mostly from the dwelling coverage. Many companies do not use a replacement cost estimator and dwelling coverage is almost more than what it should be. With our tools we are able to accurately insure you for no more than what is necessary. Want to find out more? Contact us today.
12 Ways To Lower Your Homeowners Insurance Costs
Looking to save more on the cost of homeowner’s insurance? Here’s 12 steps to follow to keep some more of those hard earned pennies in your pocket.
