Search Results for: blog reviewing your home insurance policy

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 →

Insurance Blog Week In Review March 13-19, 2007

Insurance Term Of The Week: Underwriter I sure have been finding the Parental Liability Blogs very interesting to write. It seems that we are responsible for a wide range of things our children might do as we raise them. This series has sure made me rethink some of the things I expect from the system. Parenting is a real risk financially and some of the ways we are responsible are interesting. Wednesday, March 14, 2007. Four More Parental Liable Issues Negligent Supervision is a legal theory where a minor child’s parents are held liable for their child’s negligent acts when … Continue reading →

Underwrite, Underwriting and Insurance Underwriter–Who Are These People?

I once told a very wonderful editor that an Insurance Underwriter was just about the same job description as the editor of a bunch of Bloggers. When I first started in the Business of Insurance my best boss ever used to kindly refer to underwriters as “people from a different planet.” Of course, we did our very best to make sure we kept our underwriters happy, because they had an amazing skill of causing extra work when we didn’t do our end of things correctly. An Underwriter is an intermediary between the insurance company who offers to accept the liability … Continue reading →

Insurance Review and Update: The Important Paperwork

In this series of Blogs I am sharing my own Personal Insurance Update and Review. So far I am still in the gathering stage. I am working on determining our actual Assets since this is one of the most important things for our family to protect. Now I need to find all the important papers. Lucky for me my husband files everything and never tosses out any important documents. Of course, the 15 boxes of papers we keep stored is a different issue–but, sometimes I don’t mind! When reviewing our insurance I am actually very happy to have all the … Continue reading →

Is Your Personal Property Insured For Replacement Value?

The relationship you have with your insurance company is mutual. The insurance company promises they will help you in the event you suffer a covered loss and you promise to pay your premiums and read your policy and understand what to do if you suffer a loss. So far we have talked about reviewing your policy and making note of any limits, exclusions or conditions that might apply to you or the personal property you own and we have talked about the fact you need to have some kind of record of the personal property you own along with some … Continue reading →

Buying A New Home? Don’t Forget Your Insurance Binder.

We made an offer on our dream house last week! Isn’t it pretty? Now we have so many things to do just to get ready to move it’s easy to overlook one thing or another. Packing and cleaning our current house and getting it ready to sell, changing all the utilities, addresses and other important things is high on our list. We have 30-days to close this deal and a lot of work to do just to get ready. The first and most important step has been making sure we have our mortgage loan started. In just a few weeks … Continue reading →