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Protect Your Finances: The Truth About Small Insurance Claims

Shield Insurance Agency

Small Insurance Claims Can Raise Premiums Small insurance claims, such as those for minor property damage, may seem like a hassle to deal with. Many policyholders may be tempted to file a claim for every little incident in the belief that their insurance policy will cover all damages.

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Tips for Buying Home Insurance

Bankers Insurance

TIPS FOR BUYING HOME INSURANCE For millions of Americans, home insurance remains an essential financial safeguard. These policies can provide critical financial security as homeowners seek to protect their fiscal stability and property. WHAT HAPPENED IN 2023? The inflation spike during 2022 reverberated throughout the U.S.

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FAIR Plan Under Fire: Class Action Claims Smoke Damage Coverage Falls Short

American Agents Alliance

By Mark Robinson In July 2024, a significant class action lawsuit was filed against the California FAIR Plan, accusing the state’s fire insurance backstop of improperly denying smoke damage claims in violation of California Insurance Code Sections 2070 and 2071.

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Low-Deductible Health Insurance: Pros and Con

Freeway Insurance

You’re shopping for health insurance with the goal of getting the best coverage you can afford. However, low deductibles offer many benefits – and challenges – which you should carefully consider before you apply for health insurance. Your life doesn’t include too many risky behaviors and you consider yourself relatively healthy.

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Impact of Rising Interest Rates on Property Insurance

Protect Commercial Insurance

Understanding Rising Interest Rates Image courtesy: Unsplash Interest rates are like the tide of the economic ocean—when they rise, they can have significant ripple effects across various sectors, including property insurance. Sometimes, changes in global financial markets or government policies can also be catalysts for rate hikes.

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The Importance of Accurate Valuation in Commercial Property Insurance

Bankers Insurance

THE IMPORTANCE OF ACCURATE VALUATION IN COMMERCIAL PROPERTY INSURANCE When purchasing or renewing commercial property insurance , it’s important for businesses to ensure their coverage includes correct property valuations. That’s where accurate insurance-to-value (ITV) calculations come into play. inflation).

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5 Must-Know Tips for Comparing Home Insurance Quotes

TGS

TGS Insurance » Blog 5 Must-Know Tips for Comparing Home Insurance Quotes Choosing the right home insurance policy can sometimes feel like trying to find the perfect coffee order—it’s a delicate balance between what you need and what works best for your wallet. The same thing happens with insurance.