Homeowner's Insurance Companies Are Clamping Down!
Posted: July 23, 2023
Insurance Companies are not immune to inflationary pressures and are losing money because it takes longer and costs more to repair a home. They are also experiencing unprecedented weather-related losses. Insurance Companies are taking multiple steps to get back into the black that you need to be aware of. They are increasing their rates Increasing the inflation adjustment for the Rebuilding Cost of the home...
How Long Do You Have to File a Claim on Your Homeowner's Insurance?
Posted: May 26, 2023
A Homeowner’s Insurance Policy is a legal contract between you and your Insurance Company. In return for your premium payment your Insurance Company is agreeing to provide you with coverage in the event of a covered claim. And you are agreeing to the conditions stated in the policy. One of those conditions is to provide timely notice of a claim. I reviewed 3 of the...
Is That Plane Taking A Picture of My House?
Posted: May 17, 2023
The short answer is yes! The next question is why is that plane taking photos of my house and who told them to do it? Let’s answer the second part of that question first. Your Insurance Company sent that plane to get aerial pictures of your home…well, not really, but they are purchasing the images from them. These aerial photography companies are flying over your...
Graduating From College?
Posted: May 5, 2023
Graduating from college is a significant milestone in a student's life, and it marks a transition from being a dependent to being an independent individual. Along with the newfound freedom comes a range of responsibilities, including financial ones. One aspect of financial responsibility that often gets overlooked is insurance. If you no longer live in your parent’s home and now are no longer a full-time...
My Homeowner’s Insurance Covers Earthquakes...Right?
Posted: February 17, 2023
With the recent earthquake that our neighboring city Buffalo experienced, we’ve been getting asked by clients if their Homeowner’s Insurance Policy covers earthquake damage. Homeowner’s Insurance policies provide such broad coverage that people think that they cover every possible claim. Unfortunately, there are exclusions that you need to be aware of. Homeowner’s Insurance policies do not cover flooding (like you open your front door and...
