Monthly Archives: October 2011

Does Homeowners Insurance Cover Mold?

October 31, 2011 No Comments »

There is probably mold in nearly every household in the United States. Don’t think so? Check the grout in your bathtub. While we live with small amounts of mold every day with no real negative effects, it can certainly destroy ... Read More »

Is It Bad to Let Insurance Coverage Lapse?

October 27, 2011 No Comments »

Spoiler alert! Yes, it is generally bad news to allow your insurance to lapse, no matter what type of insurance you’re talking about. Insurers don’t like it for a few different reasons, and in most cases, you can expect to ... Read More »

Top 10 Lies Told By Insurance Agents and Their Customers

Top 10 Lies Told By Insurance Agents and Their Customers
October 25, 2011 No Comments »

The relationship between an insurance agent and an insured should be a close one, built on mutual respect and most of all, trust. Of course, there may be complaints on both sides. You may feel like your agent only calls ... Read More »

What is an Insurance Producer?

October 24, 2011 No Comments »

Well, let’s start by defining “producer.” If you look up the word in any old dictionary, it will say something to the effect of, “someone who produces.” Sheesh. Thanks for the clarification. When it comes to the insurance industry, a ... Read More »

State Farm to Raise Home Insurance Rates in Alabama

October 18, 2011 No Comments »

You may have read our recent post about State Farm non-renewing 10,000 home insurance policies in Florida. That’ll probably ensure they are making enough money, right? WRONG. State Farm plans to increase the cost of homeowners insurance policies by 5% ... Read More »

Accidental Death & Dismemberment Coverage

October 17, 2011 No Comments »

It’s not a subject we love to bring up, but it beats burying your head in the sand. Accidental Death & Dismemberment coverage, also known as “AD&D,” is a type of life insurance policy (or rider) that will pay out ... Read More »

Farmers to Raise Texas Home Insurance Rates by 10 Percent

October 14, 2011 No Comments »

Coming on the heels of a 3.9% rate increase in March of 2011, Farmers Insurance plans to increase homeowners insurance rates another 10% in the Lone Star State. This latest rate increase will affect roughly 350,000 insured in the state ... Read More »

Allstate Shop Less Get More Review

October 13, 2011 No Comments »

“My mama told me, you better shop around.” Great song, and even better advice…especially coming from the person who loves you most in the world, Mom. So why is Allstate suggesting that we shouldn’t shop around, while arguing that we’ll ... Read More »

What Is an Insurance Rider?

October 12, 2011 No Comments »

Insurance Q&A: “What is an insurance rider?” Similar to an insurance endorsement, a rider is a provision added to a policy that adds additional coverage beyond what is offered on the standard coverage form. But why is this necessary? Why ... Read More »

Insurance for Falling Home Prices

October 11, 2011 No Comments »

The myth that homes values always increase was thoroughly debunked over the past few years as the real estate boom went bust and we fell into recession. This “new risk” has led to opportunity for one company. Enter Home Value ... Read More »