InsuranceYak.comWhen I first published this article on Ohio Insurance Forum I ended the article with the comment: ” My advice: if you want to work in sales, find a more lucrative profession ” .
This comment raised the ire of several established insurance agents. Tomorrow I will publish their response to my opinion.
Q - How much […]
Dog Liability and Homeowners Insurance
Insurance companies have paid particular interest to dogs in recent years and have worked at field underwriting all Homeowners and Renter’s policies for dog exposures. Their main focus is to eliminate exposure to severe losses. In 2002, dog-bite claims cost insurers almost $350 million, and accounted for a full fourth (1/4) of […]
The Federal Reserve is once again accepting comments concerning credit card companies and their practices. To comment on Regulation AA “Unfair or deceptive acts“ or Regulation DD “Truth in Savings overdract fee rules” click,, fill out the forms and BE HEARD!
I’d encourage all y’all to send the Fed. a comment. Here is a reprint of […]
One of the great mysteries of the property insurance world is replacement cost. During my agent days, I was frequently asked to insure property and determine a replacement value of someones house. Talk about conflicts, here’s what I’m up against: I’ve got a homeowner who doesn’t want to pay anything for house insurance, a mortgage […]
This is a continuation of the FAQ sections of this blog.
Q: A big expensive repair need to be done to my house, will my homeowners insurance cover it?
A: Homeowners insurance covers
Q: What is better Term Life, Whole Life insurance, Universal Life? Which should I get?
A: I’m a big fan of term insurance; big death benefits and small premiums. Since 30% of the US population does not have any life insurance and 1 out of 3 Americans with insurance only have coverage from group life policies, […]
Q: Can someone get a life insurance policy on me without my knowledge?
A: Anything under the sun is possible. In order to get a life insurance policy issued, a person should have:
1. An insurable interest in the insured (you’re financially impacted if someone dies)
2. A need for the insurance $$ amount requested (no $5 […]
Q - My Father died and we can’t find his life insurance policies anywhere. My Mother died years ago and paperwork had been misplaced. Any way to track down a life insurance policy?
A - Unfortunately, insurance policies are considered private transactions between an insured and the insurer. There is no single repository of life insurance policies that […]
The best ways to maximize your income is spend less of it, especially for a losing proposition like purchasing auto insurance. Why is this a losing proposition? Auto insurers have a goal to pay around 60 to 80 percent of all premium dollars received on claims. This is like investing $1 and getting an average […]
Life insurance should be a core element of almost every family’s financial plan; a large infusion of tax free cash just when your family needs it. Being a fan of life insurance and investing, I’m always skeptical of schemes that try to combine life insurance protection with savings, especially saving for retirement. Death and retirement […]
January 14, 2009 
