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What is a "Surplus Lines" Insurance Carrier and Do I Need One?

Wren Insurance Agency

These "non-admitted" companies provide tailored solutions for unusual or high-risk needs, such as: For Individuals/Families: Golf carts/unique recreational Vehicles A desire for higher limits than admitted insurers are willing to provide Historical homes or homes with unique architecture For Companies/Associations: Large properties or complexes Garage (..)

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How Home Renovations Can Affect Your Homeowners Insurance Policy

TGS

Let’s take a look at some of the most common ways that home renovations will impact your insurance policy. Unreported Renovations Can Cause a Lapse in Coverage For significant home renovations, your insurance carrier may require you to notify them about the project up to 30 days before construction starts.

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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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Additional Insured vs. Additional Interest: Understanding Your Policy

TGS

Additional Interest Explained Additional insured and additional interest are two very different roles that a person can play as a part of your insurance policy. In short, an additional insured is covered by your insurance, while an additional interest is not. However, they do still enjoy the benefits of your policy.

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Emerging Property Insurance Trends 2024

Property Insurance Centre

Addressing the Discrepancy To address the discrepancy between outdated property valuations and current market conditions, insurance carriers are implementing measures to ensure that property values are assessed accurately. Social inflation and rising claim costs are top concerns for liability insurers.

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Best Side Hustle idea in 2023 : Become an Insurance Agent

Friendly Agent

Selling Property and Casualty insurance part time or as a Side Hustle Property and Casualty insurance (also called P&C insurance )refers to car insurance, home insurance, liability insurance and other types of non -life/health insurance. This step is not easy and may take some time.