Search Results for: blog power surge and electrical outages

Insurance for When the Power Goes Out

Three million people lost power to their homes due to the snowstorm that hit the Northeast. Power outages tend to create situations that result in insurance claims. People need to know which policy to send the claim to, and what types of damages could be covered. This week, many families have been focused on how they are going to celebrate Halloween. Extra purchases at the grocery store probably included things like last minute additions to Halloween costumes, and bags of candy to hand out to all those trick-or-treaters. I doubt anyone was planning on what to do in case Halloween … Continue reading →

Homeowners Guide For Action When The Power Goes Off.

There are many reasons power to a home can be disrupted. The best way to avoid losses caused by power outages is to be prepared and understand what steps you can take to reduce risk of secondary losses. Homeowners should have regular inspections of the interior and the exterior electrical wiring. Surge protections and understanding how to prevent damage to personal property is a vital preventative measure. In some areas of the country, an alternate power sources, such as generators, maybe a good idea, especially where electricity is needed to pump water from their private wells or run medical equipment. … Continue reading →

Lightning: Protecting Your House and Property

Lightning can strike anywhere, and in some cases without much warning. While homeowner and renter policies protect against lightning, some sensitive property such as electronic and computer equipment may not be covered the way an insured would hope. I once had to replace an electronic control for a relatively new furnace due to the electrical surge caused by a lightning strike. When it comes to lightning it’s up to each homeowner to decide how to manage this risk. Some of the most costly damage caused to personal property may not be covered, and there are ways to reduce the risk … Continue reading →

Power Surge And Electrical Outages.

Homeowner and renter insurance policy holders should check their policy and be sure to understand what is and what is not covered when the power goes out. Short power interruptions often cause damage to personal property and houses. The most common and expensive damage happens when the power comes back on and a surge of electricity floods the open circuits in the house. A large blast of electricity can cause computers to lose data, electronics to overheat, malfunction of household electronic equipment such as heating systems and alarm equipment. Sometimes a surge can cause fires or the loss of electricity … Continue reading →

Homeowner Insurance Forms

Homeowners insurance is the best way to protect your personal property whether you own or rent a home, manufactured home, townhouse, or condominium. When reviewing your insurance policy it’s a good idea to understand what kind of Homeowner Form your insurance policy is written on. Home-owner’s policies are classified by the type of perils they cover. There are six basic types of homeowner insurance policy forms which tend to be defined by the Perils they cover: HO-1: is the basic homeowners insurance form. Also known as a Standard Fire Policy An HO-1 policy covers a dwelling (the actual structure of … Continue reading →

Ask Anna:The Midnight Disaster!

Last night my phone rang just before midnight. The caller I.D. said it was my little brother in California, of course I panicked for a moment as I picked up the phone to talk. My brother’s and I are very close but generally don’t speak in the middle of the night. So naturally I knew something was wrong. The good thing was that no one was hurt, dead or dying. Once I knew everyone was safe, my brother started to explain what his problem was. Freezing temperatures are not the normal thing people in Southern California experience for long periods … Continue reading →

Renters Insurance

A Renters insurance policy typically covers the policyholders personal property from loss of certain perils such as fire, lightning, hail, windstorm, explosion, vandalism, theft and riots, as well as other risks outlined in the policy form. Renters Insurance policies also add liability coverage any damage the insured policyholder or dependents might cause to another person. Generally most Renters policies include provisions for additional living expenses, or loss-of-use when a renter is forced to move during times when the dwelling is under repair. When someone rents an apartment or private dwelling or purchases a condominium, Insurance for the renter and their … Continue reading →