2008 March | InsuranceYak.com

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Cavelcade of Risk # 48

Welcome to the latest edition of Cavelcade of Risk.  When I agreed to host this addition, I figured maybe a 6-10 submissions. Yikes, my email is overflowing with 18 articles, so let’s get started:
KCLau presents Financial Security: How you feel it?  and Top 5 Regular Monthly Expenses We Don’t Need posted at KCLau’s Money Tips.
Louise from […]

H R 5633 introduced - Insurance credit scoring ban? or not??

Rep. Luis Gutierrez (D-IL) introduced H R 5633 ” To amend the Fair Credit Reporting Act to prohibit certain discriminatory uses of consumer reports and consumer information in connection with certain personal lines of insurance, and for other purposes.”
The bill is co-sponsored  by Rep. Melvin Watt [D-NC] and Rep. Barney Frank [D-MA]. 
When I see those three […]

Insurance for Rehab projects

Q - How do I find an insurance company to cover my home rehab projects?
A - You’ve got a few options; if we’re talking residential houses (1-4 units) go to Foremost.com and do an agent search; Foremost will do vacant property in rehab up to two years. The agent who handles your P&C may have […]

Liability Definitions

Some helpful definitions:

Insurer - the insurance company issuing a policy.
Insured - the named person(s) covered by the policy.
Tortfeasor - the person in a claim

Safeco offering Teen driver monitoring system & parent website

Got an email from Stephen Evanko, owner of Delaware Insurance Advisors (sevanko [at] delinsadv [dot] com )  telling me about his new website for parents of Teen drivers.  I’m still four years away from my boy driving, but I’m excited by the latest technology being used to monitor youthful drivers.
Safeco is offering (to their policyholders) a […]

Rental Property Coverage - Help for the Landlord

I’ll cover the basics of Dwelling coverage on rental property (property that’s not owner occupied). This applies to residential property with 1 - 4 units and no commercial exposure (no apartments on top of stores or houses used for a public access business). This does not apply to commercial coverage.
A standard policy has four parts:

Declarations […]

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