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Decision: Insurer Prevails on Motion in Limine to Exclude RCV Evidence at Trial

The Property Insurance Law Observer

Background: Plaintiffs, Luz Marquez and Gilberto Santiago (Plaintiffs), sued Clear Blue Specialty Insurance Company (Clear Blue) for denial of coverage under their homeowners policy (the Policy) for damage to their home allegedly caused by Hurricane Ian. Actual Cash Value v.

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How Home Renovations Can Affect Your Homeowners Insurance Policy

TGS

TGS Insurance » Blog Do You Need to Tell Your Homeowners Insurance About Home Renovations? When taking on new home renovations, your homeowners insurance policy might not be the first thing on your mind. However, for many home renovation projects, you will need to inform your insurance agent.

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How to Read Homeowners Insurance Quotes

TGS

TGS Insurance » Blog What Is a Homeowners Insurance Quote? A homeowners insurance quote is the proposed amount that you would pay an insurance carrier to cover your home. The quote will be based on many factors, including your home’s age, building features, location and size, as well as your insurance score.

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What is Subrogation and How Does it Work?

Bankers Insurance

By: Dwight West | Commercial Insurance Advisor dwest@bankersinsurance.net | (757) 591-3166 WHAT IS SUBROGATION? This concept is typically applied in automobile insurance, both personal and business, and is also found in property, general liability, and worker’s compensation insurance. WHEN DOES SUBROGATION OCCUR?

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Why are Homeowners Insurance Rates Increasing?

Scott Insurance

Although individual rates are based on specific factors such as location, credit score, claims history, age of dwelling and deductible, some general trends are leading to higher rates across the board. Increased Replacement costs Most homeowners policies are designed to completely pay for replacing a home in the event of a total loss.

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The “1,2,3,4,5 Method” of Selling Hospital Indemnity Insurance with Medicare

Redbird Agents

It’s a massive disservice to the customer and these plans need to be presented together so they know the path to reduce the financial burden of medical bills such as deductibles, coinsurance, emergency room expenses, and many other medical costs that come along with hospital admission. Do you have to sell it to everyone?

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E&O vs. EPLI: What Coverage Do Your Clients Need?

ProWriters

As they seek to secure the insurance they need to protect themselves, some companies’ decision-makers may get confused about E&O vs. EPLI policies. Both types of policies involve legal liabilities and are important. The policy extends coverage for a specified period, typically one year, and can be renewed annually.