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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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Benefits of an Independent Insurance Agent for Your Personal Insurance Needs

TGS

Insurance agencies can be sorted into two categories: captive and independent. A captive agency is tied to one insurance carrier, which means these agents are biased to make money for their specific carrier. On the flip side, an independent agency works fluidly with several insurance carriers.

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

ProWriters

Coverage of settlements or judgments awarded against the insured. Coverage of claims made by third parties who suffer financial losses due to the insured’s actions. In carrying E&O Insurance, professionals demonstrate they’re willing to take financial responsibility for any errors or omissions that may occur.

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Emerging Property Insurance Trends 2024

Property Insurance Centre

To address this issue, carriers now require recent appraisals that reflect the current market conditions. This ensures that insured properties are adequately valued and properly insured, reducing the risk of financial loss in the event of a claim.