InsuranceYak.comQ & A on Hail damage:
Q: A hail storm went through my neighborhood. Most of my neighbors have gotten new roofs. I received a denial letter along with a check for $300 to repair damaged fascia. What’s the deal? Should I call a roofer? A lawyer? The state insurance commissioner? What gives?
A: First, just […]
Q - What’s the difference between standard insurers & non-standard (E&S) insurers.
Also, you hain’t posted anything new in a dogs age, where you been bro? - Jumper
Thanks for the question Jumper; where have I been? I work for a small insurance company that sells auto insurance. For the past month or so, courts in […]
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 […]
Insurance Agency purchase discussion.
Q: - lets say you have an opportunity to pick up an independent insurance agency (that uses a highly recognizable underwriter’s name) that already has a book of business of approx 3500 mixed policies, would this be lucrative? Could you estimate?
A: The opportunity is intriguing; A large or profitable agency is going to […]
Renters insurance - Not just about price
Q: Is anything else important, other than price that I need to consider when shopping for renter’s insurance?
Top things: Price isn’t everything
Property Coverage
Make sure the coverage you have is enough for all your stuff. Make sure you have a replacement cost endorsement .
Make sure your policy covers other high priced items you […]
Top ten FAQ of All Time
Q: My insurance company wants to check my credit? What’s that got to do with insurance?
A: Apparently everything; Commercial policies have been credit checked for decades, Insurers started credit checking personal lines ( life, homeowners, car insurance) polices in the 1990s and have been doing it long […]
Q: How Long does it take for insurance companies to drop insurance points?
A: Most insurers surcharge for points for 36 months after the date of the violation.
Usually you’ll see points drop (and premiums go down) the first time your policy renews 36 months after your violation.
If the points drop is significant, you may want to rewrite the policy […]
After a wildfire, people usually have questions about the coverage provided by a typical homeowners, renters, or auto insurance policy. Here are some questions and answers concerning the burn happening in California. For coverage questions regarding your policy, contact your agent or company claims center.
HOMEOWNERS COVERAGE
Q. Who’s going to pay for all that damage […]
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 […]
May 1, 2008 
