Insurance Claim

Everybody's singing the praises of the new compact fluorescent light bulb (CFL). And for good reason...they save tons of electricity.But what happens if one breaks inside your house or business?My opinion is that most people will simply sweep up the mess and not give it much thought. But there is a BIG, dangerous component in a bulb called Mercury,...

If you don’t understand this part of the insurance contract, it can cost you thousands of dollars at claim time.In a Homeowner policy, there is not usually a section entitled “Co-insurance.” But the clause is listed in the Section I, Conditions, of the standard Homeowners HO-3 form. It's also in the Loss Conditions portion of any Business Insurance...

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CONTENTS, or UNSCHEDULED PERSONAL PROPERTYPicture a homeowner couple in Southern California. They had a home in a wooded area, and wildfires began. The local Fire Department came to their home and required that they evacuate because the winds shifted and the fire was coming straight for their home. They gather up their most valuable possessions and...

Additional Living Expense (ALE) ClaimsHERE'S A SUPER IMPORTANT A.L.E. TIP!!Over the past few years, wildfires in the Western United States have been horrendous, displacing tens of thousands of people from their homes and businesses, and causing billions of dollars in fire damages. But what happens when the local authorities force you to evaluate when...

The Southern California wildfires are causing the largest population evacuation in California’s history, and over $1 billion dollars sofar in property damage. Once the TV cameras leave the damaged areas, the property owners and policyholders will have to get busy with the process of filing insurance claims. I’m Russell D. Longcore, the nation’s...