What is diminshed value? Let’s say that you are in an accident in your new car. It’s a pretty good one too. The hood looks like a sound wavelength. The bumper is on the ground. It’s just a mess and you know in your heart that when you are ready to sell or trade in […]
Umbrella policies are generally very affordable and becoming more and more important as the cost of medical costs increase and lawyers find new ways to file lawsuits (social media slander) Get in to learn more. Links My Website Music by Roger Clyne and the Peacemakers Simply Explaining Insurance on ITunes Simply Explaining Insurance on Spotify. […]
I have clients call me regularly asking if something is covered on their insurance. Something has happened. Something got damaged. They want to know if it is covered. The answer can be like Chinese algebra. It’s hard to figure out. If I try and call my claims office they will tell me to file the […]
Let’s mix it up a little bit! I was given the opportunity to hold court at Idaho Business League’s Business Builders Day. Nick Aldinger helped me coordinate this and I asked 9 business owners and business leaders the same 5 five questions. Each question will be an episode with 9 different answers following it. This […]
There are some situations where a claim has been filed on your homeowners policy that shouldn’t have been. Since claims have a direct effect on your premiums, it’s important to know how to have these removed. Every claim is reported to a master claims database that other insurance companies and other entities have access to. […]
Let’s mix it up a little bit! I was given the opportunity to hold court at Idaho Business League’s Business Builders Day. Nick Aldinger helped me coordinate this and I asked 9 business owners and business leaders the same 5 five questions. Each question will be an episode with 9 different answers following it. This […]
This episode explains the difference between a claims-made and an occurrence made policy. It is very important to understand the difference between these two policies. Insurance companies may provide two different types of liability coverage—occurrence or claims-made—and each comes with its own set of advantages and disadvantages. The limitations associated with each type of policy […]
I get this question once in awhile in my agency and I think it’s a very valid question. Every coverage in your auto policy comes with a price. The way it works is that the cost to cover your vehicle as it ages, actually does decrease. It is the liability portion of the policy that […]
Let’s mix it up a little bit! I was given the opportunity to hold court at Idaho Business League’s Business Builders Day. Nick Aldinger helped me coordinate this and I asked 9 business owners and business leaders the same 5 five questions. Each question will be an episode with 9 different answers following it. This […]
I have had a few instances of clients who have had damage to their homes or separate structures and went through with the repairs without filing the claim first. This would not be our recommendation. The specific issue that I address in this podcast is that there was no proof that anything was damaged. The […]