A.M. Best A company that rates the financial condition of insurance companies. Your insurance company’s rating helps you determine if they can afford to pay claims. Accident An unexpected or involuntary event that causes harm, injury, damage or loss. Act of God Something that is beyond human control that damages or destroys your home
When buying home insurance, it is imperative to understand exactly how the deductible applies to the policy, and to which section and coverage on the policy it will apply. Without understanding this, a consumer will have a tough time making an informed decision about buying home insurance. What is a deductible? A deductible is
If a loss occurred today, would you trust yourself to remember every item in your home and the approximate value of each item? If you are like most people, it would be very difficult. An accurate inventory and proof of ownership at the time of a loss can make the claim settlement process easier
Insurance coverage is a complex topic. The many regulations, various providers and myriad levels of coverage are enough to make your head spin, never mind the nearly infinite number of things that can be insured. From your child’s teeth to a baseball pitcher’s MVP arm, it seems everything under the sun can be covered
