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Category Archives: Insurance Claims
Insurance Claims after a Catastrophe
Joplin, MO experienced a devastating tornado earlier this year. Three small insurance carriers are now insolvent and are being acquired by Missouri Farm Bureau. Missouri Farm Bureau will settle any outstanding claims of the three insolvent carriers. Small insurance carriers … Continue reading
Why Buy Earthquake Insurance?
Many consumers feel if an earthquake were to occur in Utah, the governement would be there to assist. Virginia is discovering, it isn’t easy to get government disaster assistance. The earthquake occurred nearly two months ago and they are still … Continue reading
Why Did My Insurance Premium Go Up?
The Texas wildfires burned over 1,400 homes recently. State Farm is the state’s largest insurer, with Farmers Insurance Group being number two. This year alone, State Farm has paid out 410 million dollars in home claims and 115 million dollars … Continue reading
No Personal Life Insurance Agent?
Studies show that 80 % of Americans do not have a life insurance agent. With families continuing to struggle financially, life insurance is a life-saver. Most families recognize the need for life insurance but aren’t sure exactly how to shop … Continue reading
Top 6 Cities in the Nation with Largest Number of Stolen Vehicles
There are 8 cities in California and 2 In Washington state that show up in the top 10. Southern California does not make an appearance. 1. Fresno Metro 2. Modesto Metro 3. Bakersfield Metro 4. Spokane Metro 5. Vallejo Metro … Continue reading
Umbrella Policies and Dog Bite Claims
Dog bites cost insurance companies a lot of money. In 2010, State Farm Insurance paid 90 million dollars on 3,500 claims. Over 412 million dollars were paid out in insurance claims in 2010 and the cost per claim is rising. … Continue reading
Insurance Fraud Doesn’t Pay
Another quick story- A correction officer in Connecticut was out on a Work Comp injury. Then he ran a 40 yard dash in drag trying to win Hannah Montana tickets. A photograph of him showed up in the local paper. … Continue reading
What happens when an airplane hits my home?
http://www.foxnews.com/us/2010/12/05/small-plane-crashes-neighborhood-roy-utah/ The airplane crash in Roy last night affected so many people: the homeowners who had their homes explode, the pilot in serious condition, and the residents who lost power. If you look at your homeowners policy it shows aircraft … Continue reading
Cheap Auto Insurance?
We have had continuous snowfall lasting over 24 hours. On a day like this, there are many auto accidents. This is where, “the rubber meets the road”, so to speak. Consumers discover that the cheap auto insurance they switched to, … Continue reading