Reminds Residents That Standard Homeowners Policies Do Not Cover Flood Damage; and Flood Insurance Policies Typically Take Effect 30 Days After Purchase
Weather forecasters predict severe storms will hit parts of already fire-impacted California early next year. Insurance Commissioner Dave Jones urges residents to review their insurance coverage regularly, including supplemental policies like flood insurance, and to conduct an inventory to ensure that their home and possessions are properly covered.
"Flooding can occur anywhere," said Commissioner Jones. "I strongly encourage all homeowners to document their possessions before any type of disaster strikes. It's stressful enough to lose your belongings when severe weather hits. But being prepared by having good records, including serial numbers, so you can better replace your possessions can lessen the blow."
Commissioner Jones reminds residents that in California, most standard homeowner's insurance policies do not cover mudslides. Residents are urged to contact their insurers to determine exactly what their current policies will cover and if buying flood insurance is the right option for them. A flood insurance policy typically takes effect 30 days after it is purchased. So with heavy rains predicted in the coming weeks and during the first three months of next year, now is the time to consider your options.
In 1968, Congress created the National Flood Insurance program (NFIP) in response to the rising cost of taxpayer-funded disaster relief for flood victims and the increasing amount of damage caused by floods. According to the Federal Emergency Management Agency (FEMA), flood insurance covers building contents. The cost is determined by several factors, including the region's flood risk, year the structure was built, and type of structure insured (residential versus commercial, single-family versus multiple-family).
FEMA manages the NFIP, which makes federally backed flood insurance available to homeowners, renters, and business owners in communities participating in the NFIP. According to the National Flood Insurance Program, in California, less than 255,000 households are protected by flood insurance, which equates to fewer than 2.5 percent of residents and business owners having flood insurance. To assess your need for flood insurance, go to the California Department of Insurance web site at http://www.insurance.ca.gov/. Additionally, the NFIP offers flood related bulletins and newsletters.
For more information about documenting your possessions or to receive a free home inventory guide, call the California Department of Insurance at 800-927-HELP or visit our web site.
Please visit the Department of Insurance Web site at http://www.insurance.ca.gov/. Non media inquiries should be directed to the Consumer Hotline at 800.927.HELP. Callers from out of state, please dial 213.897.8921. Telecommunications Devices for the Deaf (TDD), please dial 800.482.4833.
Monday, December 19, 2011
Wednesday, November 30, 2011
Saving on your insurance
United Policyholders is an excellent online resource for insurance consumers and provides some good tips for saving money as we move into the holiday season.
Kim Cary, CPPA
Senior General Adjuster at Quality Claims
Everyone can use some extra money in their pocket during the holiday season. UP always encourages consumers to raise their deductible. Here are a few more tips for saving on your insurance from two members of our Agent/Broker Advisory Board:
Kim Cary, CPPA
Senior General Adjuster at Quality Claims
Saving on your insurance
Everyone can use some extra money in their pocket during the holiday season. UP always encourages consumers to raise their deductible. Here are a few more tips for saving on your insurance from two members of our Agent/Broker Advisory Board:
"Make sure you are taking advantage of "affinity" discounts that may be offered as a member benefit by organizations or associations you belong to."
- Corrin S. Trowbridge, Pacifica, CA.
"Broker fees are typically negotiable. Always inquire if fees are flexible or if one broker fee can be applied to all your policies"
- Ambere St Denis, San Francisco, CA.
- Corrin S. Trowbridge, Pacifica, CA.
"Broker fees are typically negotiable. Always inquire if fees are flexible or if one broker fee can be applied to all your policies"
- Ambere St Denis, San Francisco, CA.
Thursday, November 17, 2011
Louisville auto Insurance in Louisville KY
Local independent insurance agent in Louisville KY
- No Prior Car Insurance
- SR22
- International Drivers License
- Cancelled or Non Renewed
- DUI or DWI
Call us today for a free car insurance quote
Dick Watts Insurance 502-365-5132 x1
12200 Shelbyville Rd 112
Louisville KY 40243
Louisville auto Insurance in Louisville KY
Local independent insurance agent in Louisville KY
- No Prior Car Insurance
- SR22
- International Drivers License
- Cancelled or Non Renewed
- DUI or DWI
Call us today for a free car insurance quote
Dick Watts Insurance 502-365-5132 x1
12200 Shelbyville Rd 112
Louisville KY 40243
Friday, October 28, 2011
The Great California ShakeOut!
 |
Last week on October 20th, Quality Claims participated in The Great California ShakeOut. Everyone at QCMC dropped, got under cover and held on for the duration of the drill. The Great California ShakeOut is a statewide earthquake drill spanning all 58 California counties and Yuma County, AZ. More than 7.9 million Californians participated in 2010, practicing Drop, Cover, and Hold On and other aspects of family, school, and organizational emergency plans. |
Wednesday, October 19, 2011
Quality Claims Announces Partnership with Docuhome
Homeowners and Renters Now Have No Excuse for Not Documenting their Possessions for their Insurance Policy
“Choosing the best home inventory application before you get started can mean the difference between successfully completing an inventory and never finishing,” adds Mr. Reitz.
SAN DIEGO, CA – October 20, 2011
Quality Claims Management, (http://www.qualityclaims.com) a national leader in Public Insurance Adjusting, today announced that it has entered into a partnership with DocuHome to provide the best possible online home inventory and asset protection services.
Over the years, the Quality Claims team has helped thousands of fire, flood and disaster victims and learned that one of the biggest challenges is a homeowner’s lack of any reliable inventory of their possessions. Following a disaster, insurance companies need a complete and up to date inventory of their policy holder’s possessions in order to fully reimburse them for their loss. However, creating a complete and accurate inventory list AFTER a disaster is nearly impossible.
“We always tell people to prepare their home inventory list before they need it, before a disaster actually strikes,” says Ronald Reitz, President of Quality Claims and First Vice President of NAPIA, the National Association of Public Insurance Adjusters. “However, most people never get around to it. They are too busy, it’s too complicated, or they think they are unlikely to really need it. We have heard every excuse! That is why we have partnered with DocuHome.”
DocuHome is the fastest and most complete home inventory software available. By using any digital camera or even a phone camera, the DocuHome step-by-step process makes creating a home inventory simple. Not only is it easy to use, it is very affordable – about $69 a year!
Homeowners and renters start by taking photos of their home and its contents, room by room. After uploading the photos to their DocuHome account, they use the innovative DocuHome Tagging Inventory Creation Tool to tag the items (furniture, appliances, artwork, toys, electronics) in each photo with information about cost, purchase location, when acquired, and other relevant information about its value. Once the information is securely stored with DocuHome, it is safe and protected from any kind of disaster.
“We are proud to have partnered with Quality Claims Management, recognized nationally as the leader in recovery assistance for disaster victims. Quality Claims Management's unparalleled expertise in policy coverage is critical guidance in DocuHome's mission to help homeowners be prepared if a loss should occur," says Bradford Stanley, Chief Executive Officer of DocuHome. “Not only is DocuHome very secure, as all the information is stored online, the program is easy to use and some have said, fun.”
“Choosing the best home inventory application before you get started can mean the difference between successfully completing an inventory and never finishing,” adds Mr. Reitz.
Thursday, September 1, 2011
Thursday, August 25, 2011
Tenacious P(olicyholder)
... How to get your insurer to cover claim expenses
Listing and valuing damaged or stolen property and negotiating a settlement with your insurer can cost you a lot of time and money. But unless it's a business loss, you'll have to be tenacious to get your insurer to reimburse you for expenses related to documenting (preparing) your claim.
The insurance claim process after a large loss can be a full time job. Countless hours at the loss site, answering questions, making phone calls and dealing with paperwork. If you're self-employed, this means you'll lose income. Time is money. You may need to pay for professional help... an estimator, air quality tester, accountant, public adjuster or an attorney.
Business policies often specifically cover "claim preparation" expenses. If your claim is personal, you'll have to negotiate with the insurance company adjuster to get these expenses covered. Depending on the wording of your policy, you may be able to get them reimbursed under "Additional Living Expense" or similar type of coverage for extra expenses that are incurred due to a loss. Make sure to keep good records and present a clear request in writing that outlines time and money spent preparing your claim.
For more detailed tips, read our newest addition to the UP Claim Help Library: Reimbursement for claim preparation expenses.
Saturday, August 6, 2011
Google Plus Google+ follow
You Can now follow us on Google+
Dick Watts Insurance on Google+
DICK WATTS INSURANCE
LOUISVILLE KY
502-245-3625
Dick Watts Insurance on Google+
DICK WATTS INSURANCE
LOUISVILLE KY
502-245-3625
Google Plus Google+ follow
You Can now follow us on Google+
Dick Watts Insurance on Google+
DICK WATTS INSURANCE
LOUISVILLE KY
502-245-3625
Dick Watts Insurance on Google+
DICK WATTS INSURANCE
LOUISVILLE KY
502-245-3625
Thursday, August 4, 2011
30 ways to cut healthcare costs
30 ways to cut healthcare costsIf you're like most Americans, you're shouldering a larger portion of your health care costs. But as more insurers raise deductibles and switch from fixed-dollar co-payments to coinsurance -- which bases out-of-pocket expenses on a percentage of the total costs -- you have an incentive to take more control over how much you spend.
Car Insurance Louisville KY
Read More: 30 ways to cut healthcare costs
30 ways to cut healthcare costs
30 ways to cut healthcare costsIf you're like most Americans, you're shouldering a larger portion of your health care costs. But as more insurers raise deductibles and switch from fixed-dollar co-payments to coinsurance -- which bases out-of-pocket expenses on a percentage of the total costs -- you have an incentive to take more control over how much you spend.
Car Insurance Louisville KY
Read More: 30 ways to cut healthcare costs
Monday, August 1, 2011
Flo's Blinded by Science Louisville Progressive Car Insurance
Flo's Blinded by Science Progressive Insurance Louisville Car Insurance
Louisville Car Insurance Quote-
Are you shopping for auto insurance in Louisville KY ?
We can help you
No Prior Louisville Car Insurance
Multiple Accidents - Tickets - Violations
SR22- Suspended Drivers License
Call us for a free Louisville Car Insurance 502-245-3625
Louisville Car Insurance Quote-
Are you shopping for auto insurance in Louisville KY ?
We can help you
No Prior Louisville Car Insurance
Multiple Accidents - Tickets - Violations
SR22- Suspended Drivers License
Call us for a free Louisville Car Insurance 502-245-3625
Flo's Blinded by Science Louisville Progressive Car Insurance
Flo's Blinded by Science Progressive Insurance Louisville Car Insurance
Louisville Car Insurance Quote-
Are you shopping for auto insurance in Louisville KY ?
We can help you
No Prior Louisville Car Insurance
Multiple Accidents - Tickets - Violations
SR22- Suspended Drivers License
Call us for a free Louisville Car Insurance 502-245-3625
Louisville Car Insurance Quote-
Are you shopping for auto insurance in Louisville KY ?
We can help you
No Prior Louisville Car Insurance
Multiple Accidents - Tickets - Violations
SR22- Suspended Drivers License
Call us for a free Louisville Car Insurance 502-245-3625
A Wedding Planner’s Top Tips for Cutting Your Big Day Budget
Personal Finance
You’ve decided on a date and even found the perfect place. Now what?
If you’re overwhelmed by the seemingly endless list of costs associated with the Big Day, you’re not alone. With the U.S. economic recovery still on shaky ground, brides are spending decidedly less today than they did two years ago, according to BRIDES magazine’s 2011 American Wedding Study. On average, a wedding cost $26,501 in 2011, down more than 5 percent from 2009, the last time the survey was published. Still, that’s up $8,000 from almost a decade earlier.
You’ve decided on a date and even found the perfect place. Now what?
If you’re overwhelmed by the seemingly endless list of costs associated with the Big Day, you’re not alone. With the U.S. economic recovery still on shaky ground, brides are spending decidedly less today than they did two years ago, according to BRIDES magazine’s 2011 American Wedding Study. On average, a wedding cost $26,501 in 2011, down more than 5 percent from 2009, the last time the survey was published. Still, that’s up $8,000 from almost a decade earlier.
Free Louisville Car Insurance Quote
How can you host the wedding of your dreams without maxing out your credit cards, or, even worse, taking on more debt? Here are my top five tips on what every bride can cut back on and still host an event to remember ? Cutting your big day budget
How can you host the wedding of your dreams without maxing out your credit cards, or, even worse, taking on more debt? Here are my top five tips on what every bride can cut back on and still host an event to remember ? Cutting your big day budget
A Wedding Planner’s Top Tips for Cutting Your Big Day Budget
Personal Finance
You’ve decided on a date and even found the perfect place. Now what?
If you’re overwhelmed by the seemingly endless list of costs associated with the Big Day, you’re not alone. With the U.S. economic recovery still on shaky ground, brides are spending decidedly less today than they did two years ago, according to BRIDES magazine’s 2011 American Wedding Study. On average, a wedding cost $26,501 in 2011, down more than 5 percent from 2009, the last time the survey was published. Still, that’s up $8,000 from almost a decade earlier.
You’ve decided on a date and even found the perfect place. Now what?
If you’re overwhelmed by the seemingly endless list of costs associated with the Big Day, you’re not alone. With the U.S. economic recovery still on shaky ground, brides are spending decidedly less today than they did two years ago, according to BRIDES magazine’s 2011 American Wedding Study. On average, a wedding cost $26,501 in 2011, down more than 5 percent from 2009, the last time the survey was published. Still, that’s up $8,000 from almost a decade earlier.
Free Louisville Car Insurance Quote
How can you host the wedding of your dreams without maxing out your credit cards, or, even worse, taking on more debt? Here are my top five tips on what every bride can cut back on and still host an event to remember ? Cutting your big day budget
How can you host the wedding of your dreams without maxing out your credit cards, or, even worse, taking on more debt? Here are my top five tips on what every bride can cut back on and still host an event to remember ? Cutting your big day budget
What Is the Claims Process for Disaster Victims?
By Ron Reitz
The Five Steps to Recovering Your Life After Your Home and Life Have Been Destroyed
Why use a Public Insurance Adjuster?
1. Read everything carefully before you sign anything. Your insurance company's representatives will first present you with emergency money - for immediate needs and shelter. The second round of payouts is where you need to be careful. Do not sign anything that limits your rights to seek additional proceeds.
2. Find a copy of your insurance policy. If it is destroyed or is not accessible, you should be able to get a full copy of the original insurance policy with all of its endorsements from the agent who sold you the coverage.
3. Make sure your family is safe. Most insurance policies include language that enables you to find a residence similar to your existing one. Find a hotel or rental home close to work or your kids' school that is adequate in size and clean and comfortable. Find a place similar in size and accommodations to your previous residence.
4. Get some professional help. Insurance companies hire and train their adjusters to represent the interests of the insurance company and ultimately, its investors. In many instances those adjusters do a great job helping their policyholders. However, sometimes their adjusters are too keenly focused on the bottom line of the insurance company instead of paying the policyholder what they are rightly due under the terms of their insurance policy. If you have doubts about what your insurance company is telling you, or you are simply do not have enough time and expertise to completely value and settle your claim, contact a professional that will work for you and will only represent your best interests.
5. If you go it alone, go slowly and take your time. The insurance company may pressure you to speed up the process - you may be anxious to put all of this behind you as quickly as possible in order to get back to your life, but you need to resist that urge. In these types of cases, especially with homes that have many improvements and renovations, or with families with lots of possessions, haste definitely makes waste. Take your time and carefully review each and every document before signing anything. If you don't agree with the estimates for repair or replacement provided by your insurance provider, fight back.
Why use a Public Insurance Adjuster.
In many cases, the Public Adjuster is able to get more money from the Insurance Company than you will be able to on your own. Even after deducting the Public Adjuster's small percentage fee (much less than using a lawyer), you will probably still come out ahead.
For most families affected by a disaster, the biggest advantage of using a Public Insurance Adjuster is that they can get back to living their life while a professional handles all of the details. Instead of spending 20 hours or more a week, researching replacement and rebuilding costs, analyzing and completing various forms, and negotiating with insurance company adjusters and restoration experts, the Public Adjuster can do all of that. This means you can get back to your family life. Normalcy and a return to a routine schedule will greatly help you and your family adjust and move on.
For many, the time savings and the emotional satisfaction of having a professional handle the minutiae and painful negotiations is much more important than whatever added funds the adjuster is able to get for them. It's more than just the money.
Why use a Public Insurance Adjuster?
1. Read everything carefully before you sign anything. Your insurance company's representatives will first present you with emergency money - for immediate needs and shelter. The second round of payouts is where you need to be careful. Do not sign anything that limits your rights to seek additional proceeds.
2. Find a copy of your insurance policy. If it is destroyed or is not accessible, you should be able to get a full copy of the original insurance policy with all of its endorsements from the agent who sold you the coverage.
3. Make sure your family is safe. Most insurance policies include language that enables you to find a residence similar to your existing one. Find a hotel or rental home close to work or your kids' school that is adequate in size and clean and comfortable. Find a place similar in size and accommodations to your previous residence.
4. Get some professional help. Insurance companies hire and train their adjusters to represent the interests of the insurance company and ultimately, its investors. In many instances those adjusters do a great job helping their policyholders. However, sometimes their adjusters are too keenly focused on the bottom line of the insurance company instead of paying the policyholder what they are rightly due under the terms of their insurance policy. If you have doubts about what your insurance company is telling you, or you are simply do not have enough time and expertise to completely value and settle your claim, contact a professional that will work for you and will only represent your best interests.
5. If you go it alone, go slowly and take your time. The insurance company may pressure you to speed up the process - you may be anxious to put all of this behind you as quickly as possible in order to get back to your life, but you need to resist that urge. In these types of cases, especially with homes that have many improvements and renovations, or with families with lots of possessions, haste definitely makes waste. Take your time and carefully review each and every document before signing anything. If you don't agree with the estimates for repair or replacement provided by your insurance provider, fight back.
Why use a Public Insurance Adjuster.
In many cases, the Public Adjuster is able to get more money from the Insurance Company than you will be able to on your own. Even after deducting the Public Adjuster's small percentage fee (much less than using a lawyer), you will probably still come out ahead.
For most families affected by a disaster, the biggest advantage of using a Public Insurance Adjuster is that they can get back to living their life while a professional handles all of the details. Instead of spending 20 hours or more a week, researching replacement and rebuilding costs, analyzing and completing various forms, and negotiating with insurance company adjusters and restoration experts, the Public Adjuster can do all of that. This means you can get back to your family life. Normalcy and a return to a routine schedule will greatly help you and your family adjust and move on.
For many, the time savings and the emotional satisfaction of having a professional handle the minutiae and painful negotiations is much more important than whatever added funds the adjuster is able to get for them. It's more than just the money.
Ron Reitz is president of San Diego-based Quality Claims Management Corp., a nationally licensed public insurance adjuster, providing hazard claim recovery services to investors, mortgage servicers, homeowners and businesses. Earlier, he pioneered the national hazard insurance claims business of GMAC-RFC (now GMAC-ResCap). He is the past president of the California Association of Public Insurance Adjusters and currently serves on the board of the National Association of Public Insurance Adjusters. Contact Quality Claims Management at (866) 450-1183 or http://www.qualityclaims.com/.
Sunday, July 31, 2011
How to know what kind of insurance your small business needs
How to know what kind of insurance your small business needs
When looking for business insurance and business insurance quotes, it pays to get some advice and guidance from resources you can trust. Your accountant could offer some insight, and you should also check to see what, if any, kind of business insurance your state or local government requires you to have. Another option is to use an online tool, like American Express' InsuranceEdge, provided by Bolt(sm).
Most likely, your small business will need one or more of these types of business insurance: general liability/business property, product liability and professional liability, workers' compensation, home-based business insurance and commercial auto insurance.
Louisville Auto Insurance Quote
General liability/business property
Most small business owners will benefit from the peace of mind provided by this type of business insurance. How to Know what kind of insurance your small business needs
How to know what kind of insurance your small business needs
How to know what kind of insurance your small business needs
When looking for business insurance and business insurance quotes, it pays to get some advice and guidance from resources you can trust. Your accountant could offer some insight, and you should also check to see what, if any, kind of business insurance your state or local government requires you to have. Another option is to use an online tool, like American Express' InsuranceEdge, provided by Bolt(sm).
Most likely, your small business will need one or more of these types of business insurance: general liability/business property, product liability and professional liability, workers' compensation, home-based business insurance and commercial auto insurance.
Louisville Auto Insurance Quote
General liability/business property
Most small business owners will benefit from the peace of mind provided by this type of business insurance. How to Know what kind of insurance your small business needs
Saturday, July 30, 2011
Progressive car insurance ranks number one on Keynote Systems' Insurance Carrier Scorecard
Progressive car insurance ranks number one on Keynote Systems' Insurance Carrier Scorecard
"Keynote® Competitive Research has named Progressive.com, the car insurance website for Progressive, the best insurance website on its Q2 2011 Insurance Carrier Scorecard. Progressive has been the highest-rated insurance website on 17 of the last 18 Keynote Scorecards published since 2000.
Louisville Free Instant Car Insurance quote
According to the Q2 2011 Scorecard, "Progressive has traditionally been one of the most innovative [carriers] when it comes to user experience and the online quoting process." Scorecard analysts noted Progressive's use of consumer-friendly technology during the quoting process, such as making it easy to change vehicles, and for making it easy to understand differences between coverage levels. Analysts also noted improvements to Progressive's mobile apps, including the ability to submit glass claims and photos of damage following an accident....."
"Keynote® Competitive Research has named Progressive.com, the car insurance website for Progressive, the best insurance website on its Q2 2011 Insurance Carrier Scorecard. Progressive has been the highest-rated insurance website on 17 of the last 18 Keynote Scorecards published since 2000.
Louisville Free Instant Car Insurance quote
According to the Q2 2011 Scorecard, "Progressive has traditionally been one of the most innovative [carriers] when it comes to user experience and the online quoting process." Scorecard analysts noted Progressive's use of consumer-friendly technology during the quoting process, such as making it easy to change vehicles, and for making it easy to understand differences between coverage levels. Analysts also noted improvements to Progressive's mobile apps, including the ability to submit glass claims and photos of damage following an accident....."
Read more about Progressive Car Insurance : Progressive Insurance
Progressive car insurance ranks number one on Keynote Systems' Insurance Carrier Scorecard
Progressive car insurance ranks number one on Keynote Systems' Insurance Carrier Scorecard
"Keynote® Competitive Research has named Progressive.com, the car insurance website for Progressive, the best insurance website on its Q2 2011 Insurance Carrier Scorecard. Progressive has been the highest-rated insurance website on 17 of the last 18 Keynote Scorecards published since 2000.
Louisville Free Instant Car Insurance quote
According to the Q2 2011 Scorecard, "Progressive has traditionally been one of the most innovative [carriers] when it comes to user experience and the online quoting process." Scorecard analysts noted Progressive's use of consumer-friendly technology during the quoting process, such as making it easy to change vehicles, and for making it easy to understand differences between coverage levels. Analysts also noted improvements to Progressive's mobile apps, including the ability to submit glass claims and photos of damage following an accident....."
"Keynote® Competitive Research has named Progressive.com, the car insurance website for Progressive, the best insurance website on its Q2 2011 Insurance Carrier Scorecard. Progressive has been the highest-rated insurance website on 17 of the last 18 Keynote Scorecards published since 2000.
Louisville Free Instant Car Insurance quote
According to the Q2 2011 Scorecard, "Progressive has traditionally been one of the most innovative [carriers] when it comes to user experience and the online quoting process." Scorecard analysts noted Progressive's use of consumer-friendly technology during the quoting process, such as making it easy to change vehicles, and for making it easy to understand differences between coverage levels. Analysts also noted improvements to Progressive's mobile apps, including the ability to submit glass claims and photos of damage following an accident....."
Read more about Progressive Car Insurance : Progressive Insurance
Friday, July 29, 2011
Progressive Insurance Louisville Mobile Apps
PROGRESSIVE INSURANCE MOBILE APPS
•VIN Capture: Shopping for a new car? Now customers can simply take a picture of a car's Vehicle Identification Number (VIN) bar code and find out what it might cost to insure it. VIN Capture can also compare the costs of insuring up to three vehicles. It's exclusively available on the Progressive mobile app.
Watch Flo demonstrate Progressive's new VIN Capture service.
Call us for a free Louisville Car Insurance quote 502-365-5132 or 502-245-3625
•SnapshotSM discount updates: New customers can enroll in Progressive's one-of-a-kind Snapshot program. Existing customers already enrolled in Snapshot can get real-time updates on their discount wherever they are, by simply visiting http://mobile.progressive.com and logging into their policy.
•VIN Capture: Shopping for a new car? Now customers can simply take a picture of a car's Vehicle Identification Number (VIN) bar code and find out what it might cost to insure it. VIN Capture can also compare the costs of insuring up to three vehicles. It's exclusively available on the Progressive mobile app.
Watch Flo demonstrate Progressive's new VIN Capture service.
Call us for a free Louisville Car Insurance quote 502-365-5132 or 502-245-3625
•SnapshotSM discount updates: New customers can enroll in Progressive's one-of-a-kind Snapshot program. Existing customers already enrolled in Snapshot can get real-time updates on their discount wherever they are, by simply visiting http://mobile.progressive.com and logging into their policy.
For more information : Car insurance Louisville KY
Free Car Insurance quote
Progressive Insurance Louisville Mobile Apps
PROGRESSIVE INSURANCE MOBILE APPS
•VIN Capture: Shopping for a new car? Now customers can simply take a picture of a car's Vehicle Identification Number (VIN) bar code and find out what it might cost to insure it. VIN Capture can also compare the costs of insuring up to three vehicles. It's exclusively available on the Progressive mobile app.
Watch Flo demonstrate Progressive's new VIN Capture service.
Call us for a free Louisville Car Insurance quote 502-365-5132 or 502-245-3625
•SnapshotSM discount updates: New customers can enroll in Progressive's one-of-a-kind Snapshot program. Existing customers already enrolled in Snapshot can get real-time updates on their discount wherever they are, by simply visiting http://mobile.progressive.com and logging into their policy.
•VIN Capture: Shopping for a new car? Now customers can simply take a picture of a car's Vehicle Identification Number (VIN) bar code and find out what it might cost to insure it. VIN Capture can also compare the costs of insuring up to three vehicles. It's exclusively available on the Progressive mobile app.
Watch Flo demonstrate Progressive's new VIN Capture service.
Call us for a free Louisville Car Insurance quote 502-365-5132 or 502-245-3625
•SnapshotSM discount updates: New customers can enroll in Progressive's one-of-a-kind Snapshot program. Existing customers already enrolled in Snapshot can get real-time updates on their discount wherever they are, by simply visiting http://mobile.progressive.com and logging into their policy.
For more information : Car insurance Louisville KY
Free Car Insurance quote
Thursday, July 28, 2011
Progressive insurance Truckers can now get a commercial vehicle insurance estimate anytime, anywhere
Progressive Insurance Truckers can now get a commercial vehicle insurance estimate anytime, anywhere
Truckers who are in the market for a new vehicle or looking to shop and save can now get an insurance estimate from the comfort of their home office or the road. Progressive® Insurance is rolling out its new Insure My Truck app, which is simple to use, convenient, and requires nothing more than a few clicks on your iPhone.
How it works:
Download the app for free from iTunes at Insure My Truck
Answer a few policy-related questions
Snap and upload a photo of your commercial driver's license
Get a customized estimate within one business day
"With our Insure My Truck app we're making it even easier for truckers to do business with us," said Tom Corpus, Progressive's product manager. "We've essentially mobilized our website quoting experience, minimizing a lot of the time and effort it takes to quote a complex truck policy."
It's currently available for iPhones and iPads in the iTunes store. An Android version is in development and will be available in the
Progressive Insurance News
Truckers who are in the market for a new vehicle or looking to shop and save can now get an insurance estimate from the comfort of their home office or the road. Progressive® Insurance is rolling out its new Insure My Truck app, which is simple to use, convenient, and requires nothing more than a few clicks on your iPhone.
How it works:
Download the app for free from iTunes at Insure My Truck
Answer a few policy-related questions
Snap and upload a photo of your commercial driver's license
Get a customized estimate within one business day
"With our Insure My Truck app we're making it even easier for truckers to do business with us," said Tom Corpus, Progressive's product manager. "We've essentially mobilized our website quoting experience, minimizing a lot of the time and effort it takes to quote a complex truck policy."
Call us for free Commercial Auto Insurance quote 502-365-5132 Dick Watts Insurance
It's currently available for iPhones and iPads in the iTunes store. An Android version is in development and will be available in the
Progressive Insurance News
Progressive insurance Truckers can now get a commercial vehicle insurance estimate anytime, anywhere
Progressive Insurance Truckers can now get a commercial vehicle insurance estimate anytime, anywhere
Truckers who are in the market for a new vehicle or looking to shop and save can now get an insurance estimate from the comfort of their home office or the road. Progressive® Insurance is rolling out its new Insure My Truck app, which is simple to use, convenient, and requires nothing more than a few clicks on your iPhone.
How it works:
Download the app for free from iTunes at Insure My Truck
Answer a few policy-related questions
Snap and upload a photo of your commercial driver's license
Get a customized estimate within one business day
"With our Insure My Truck app we're making it even easier for truckers to do business with us," said Tom Corpus, Progressive's product manager. "We've essentially mobilized our website quoting experience, minimizing a lot of the time and effort it takes to quote a complex truck policy."
It's currently available for iPhones and iPads in the iTunes store. An Android version is in development and will be available in the
Progressive Insurance News
Truckers who are in the market for a new vehicle or looking to shop and save can now get an insurance estimate from the comfort of their home office or the road. Progressive® Insurance is rolling out its new Insure My Truck app, which is simple to use, convenient, and requires nothing more than a few clicks on your iPhone.
How it works:
Download the app for free from iTunes at Insure My Truck
Answer a few policy-related questions
Snap and upload a photo of your commercial driver's license
Get a customized estimate within one business day
"With our Insure My Truck app we're making it even easier for truckers to do business with us," said Tom Corpus, Progressive's product manager. "We've essentially mobilized our website quoting experience, minimizing a lot of the time and effort it takes to quote a complex truck policy."
Call us for free Commercial Auto Insurance quote 502-365-5132 Dick Watts Insurance
It's currently available for iPhones and iPads in the iTunes store. An Android version is in development and will be available in the
Progressive Insurance News
Friday, July 8, 2011
car insurance louisville
call us for a car insurance quote in Louisville KY Dick Watts Insurance 502-365-5132
#Car #insurance #louisville
car insurance louisville
call us for a car insurance quote in Louisville KY Dick Watts Insurance 502-365-5132
#Car #insurance #louisville
Friday, June 24, 2011
United Policyholders: Tip of the Month
June 2011
Overwhelmed and Underinsured
Those two words describe the people in Missouri, Alabama and Arizona whose homes were recently wiped out. The fact is, about 2/3 of the homes in the United States are underinsured.1 UP can help you be in the third that are not. You probably think you're already paying plenty for insurance. We couldn't agree more. But why pay all that money and still come up short?
What to do?
- Pull out your policy and calculate how much your home ("dwelling") is insured for per square foot (psf). The cost to rebuild your home will depend on its style, age and location. The cost of building most homes ranges from $150-$400 psf, so if yours is below that range, it may be underinsured.
- Call your agent or insurance company and tell them you want to make sure your dwelling is insured for full replacement value. Ask if they will send an independent estimator to your home, free of charge. Some companies will. Ask how you can adjust your policy limits without spending more. A good agent will help you do this. Take good notes on the conversations and keep them in a safe place. Consider raising your deducible and trimming non-essential coverage to lower your premium.
- Spend $7 to get a second opinion from an online home replacement cost estimator like HMFacts. Take time to input detailed information about your home.
You'll find useful tips on Picking a good insurance agent or broker, Shop Smart: Tips for Insuring Your Home, and much more at http://e2ma.net/go/7108888718/208595723/223542455/36513/goto:http:/www.uphelp.org/. Please donate to support our work in tornado and wildfire areas.
1.United Policyholders post-disaster survey results are consistent with insurance industry sources that estimate more than 60% of American homes are underinsured.
To read past Tips of the Month, click here. To suggest a future Tip of the Month, click here to submit your idea.
If you value UP's work,
please support us.
Overwhelmed and Underinsured
Those two words describe the people in Missouri, Alabama and Arizona whose homes were recently wiped out. The fact is, about 2/3 of the homes in the United States are underinsured.1 UP can help you be in the third that are not. You probably think you're already paying plenty for insurance. We couldn't agree more. But why pay all that money and still come up short?
What to do?
- Pull out your policy and calculate how much your home ("dwelling") is insured for per square foot (psf). The cost to rebuild your home will depend on its style, age and location. The cost of building most homes ranges from $150-$400 psf, so if yours is below that range, it may be underinsured.
- Call your agent or insurance company and tell them you want to make sure your dwelling is insured for full replacement value. Ask if they will send an independent estimator to your home, free of charge. Some companies will. Ask how you can adjust your policy limits without spending more. A good agent will help you do this. Take good notes on the conversations and keep them in a safe place. Consider raising your deducible and trimming non-essential coverage to lower your premium.
- Spend $7 to get a second opinion from an online home replacement cost estimator like HMFacts. Take time to input detailed information about your home.
You'll find useful tips on Picking a good insurance agent or broker, Shop Smart: Tips for Insuring Your Home, and much more at http://e2ma.net/go/7108888718/208595723/223542455/36513/goto:http:/www.uphelp.org/. Please donate to support our work in tornado and wildfire areas.
1.United Policyholders post-disaster survey results are consistent with insurance industry sources that estimate more than 60% of American homes are underinsured.
To read past Tips of the Month, click here. To suggest a future Tip of the Month, click here to submit your idea.
If you value UP's work,
please support us.
Monday, June 13, 2011
Problems with the National Flood Insurance Program
The National Flood Insurance Program, run by FEMA, comes up for renewal again in September. There have been several lapses in the program in the past few years because it gets used as a political football. Members of congress who are NOT in flood-prone states hold up their votes to force others to support their particular bills and projects. Congress is trying to start work early on the process, but there are several obstacles.
The biggest obstacle is that the whole FEMA Flood Insurance program, both here in New York and around the country, has been losing money for years, where it is supposed to be self-supporting. Naturally that means higher rates but that is not a very popular idea with members of congress.
Another area they have been looking at is whether catastrophic windstorm (hurricanes) should be added to the flood insurance program. Hurricanes are not so much of an issue in the Midwest where they are experiencing record flooding because of record snows this past winter. But here on Long Island and all along the east coast, hurricanes are a HUGE issue and something that needs to be addressed.
So some politicians want to add wind coverage to the flood insurance policy. But others are against it for several reasons. First, it is available in the private market and our system of government is based on private business wherever possible. But also, if they have been losing money on the flood insurance, chances are they would just lose even more money if you added windstorm coverage.
Today the GAO (General Accounting Office) issued a report that severely criticized the management of the National Flood Insurance Program, and says that if they don't make significant changes, they will never become profitable. So again, the fear is that if they were to add windstorm coverage, the program would lose even more money.
I just hope they figure it out quickly enough that the basic program is renewed in September.
Thursday, June 2, 2011
Insurance Commisioner Jones Announces Substantial Decrease in Homeowners Insurance Rates by USAA
Approximately 200,000 policyholders in California affected
Insurance Commissioner Dave Jones today announced a substantial decrease in homeowner insurance rates by USAA. The recent approval of the company's rate filing reduces rates for most of its California policyholders by an average of 14.9 percent.
"Today, I am pleased to announce that my department has approved a substantial homeowners rate reduction by USAA," said Commissioner Jones. "This is good news for the approximately 200,000 USAA policyholders, most of whom will receive a rate reduction as a result. Given the current economic conditions, we are elated to be able to help consumers keep more of their hard earned money and benefit from lower insurance premiums."
"USAA is committed to offering competitive prices to our members - America's military families," said Alice Gannon, SVP and Chief Actuary, USAA Property & Casualty Insurance Group. "As a result of our favorable trends in claims costs and our ability to keep our expenses among the lowest in the industry, we're pleased to be able to reduce rates for most of our California members."
"We are pleased that USAA is implementing this $40 million rate decrease, which will provide savings to hundreds of thousands of California homeowners," said Todd M. Foreman, a Consumer Watchdog staff attorney who worked with the Department and USAA on this rate reduction. "Voters enacted Proposition 103, and gave themselves a voice in the regulatory process to ensure this kind of savings."
Across the state, the decrease translates to an average of $185 per home annually. The rate decrease will become effective November 30, 2011. USAA members will begin receiving their policy renewal packets 60-days prior to renewal starting on September 30, 2011.
The last rate change for USAA's California policyholders was in 2006, when rates were reduced by 22.1 percent. USAA insures approximately 200,000 homeowners in California and is the 6th largest homeowners and 7th largest auto insurer in the state.
USAA's 14.9 percent rate reduction is the most recent rate decrease approved by the California Department of Insurance.
Since taking office earlier this year, Commissioner Jones has already approved homeowners and automobile premium rate reductions by the following companies:
Insurance Commissioner Dave Jones today announced a substantial decrease in homeowner insurance rates by USAA. The recent approval of the company's rate filing reduces rates for most of its California policyholders by an average of 14.9 percent.
"Today, I am pleased to announce that my department has approved a substantial homeowners rate reduction by USAA," said Commissioner Jones. "This is good news for the approximately 200,000 USAA policyholders, most of whom will receive a rate reduction as a result. Given the current economic conditions, we are elated to be able to help consumers keep more of their hard earned money and benefit from lower insurance premiums."
"USAA is committed to offering competitive prices to our members - America's military families," said Alice Gannon, SVP and Chief Actuary, USAA Property & Casualty Insurance Group. "As a result of our favorable trends in claims costs and our ability to keep our expenses among the lowest in the industry, we're pleased to be able to reduce rates for most of our California members."
"We are pleased that USAA is implementing this $40 million rate decrease, which will provide savings to hundreds of thousands of California homeowners," said Todd M. Foreman, a Consumer Watchdog staff attorney who worked with the Department and USAA on this rate reduction. "Voters enacted Proposition 103, and gave themselves a voice in the regulatory process to ensure this kind of savings."
Across the state, the decrease translates to an average of $185 per home annually. The rate decrease will become effective November 30, 2011. USAA members will begin receiving their policy renewal packets 60-days prior to renewal starting on September 30, 2011.
The last rate change for USAA's California policyholders was in 2006, when rates were reduced by 22.1 percent. USAA insures approximately 200,000 homeowners in California and is the 6th largest homeowners and 7th largest auto insurer in the state.
USAA's 14.9 percent rate reduction is the most recent rate decrease approved by the California Department of Insurance.
Since taking office earlier this year, Commissioner Jones has already approved homeowners and automobile premium rate reductions by the following companies:
- First National Insurance Company of America reduced homeowner rates 2.24 percent
- Grange Insurance Association reduced homeowner rates 6.1 percent
- Topa Insurance Company reduced auto rates 9.71 percent
- Tokio Marine & Nichido Fire Insurance Co., LTD. reduced auto rates 4.65 percent
- Personal Express Insurance Company reduced auto rates 6.86 percent
These rate reductions have saved California consumers millions of dollars annually in premiums.
Please visit the Department of Insurance Web site at www.insurance.ca.gov. Non media inquiries should be directed to the Consumer Hotline at 800.927.HELP. Callers from out of state, please dial 213.897.8921. Telecommunications Devices for the Deaf (TDD), please dial 800.482.4833.
Please visit the Department of Insurance Web site at www.insurance.ca.gov. Non media inquiries should be directed to the Consumer Hotline at 800.927.HELP. Callers from out of state, please dial 213.897.8921. Telecommunications Devices for the Deaf (TDD), please dial 800.482.4833.
Thursday, May 26, 2011
United Policy Holders | Tip of the Month
Increditable
It may surprise you to learn that your credit rating is probably impacting the amount you're paying for insurance more than your driving record or the condition of your home. This is called "credit-based insurance scoring." The worse your score, the higher your premium. There is no logical connection between your credit standing and your likelihood of having an accident or a home fire, so advocates believe insurers are using credit scoring to discriminate and overcharge. But despite years of efforts by United Policyholders and other consumer groups to ban the practice it remains legal and very common in all but a few states.
What can a careful consumer do?
Insurance credit scoring penalizes victims of medical catastrophes and people that have suffered a job loss. The practice also penalizes consumers for rational and thrifty behavior. If you shop around for insurance, each insurer you get a quote from will make a credit inquiry. Their inquiries will be recorded and in turn hurt your credit score. If you like to use one credit card for rewards, you'll get a worse credit score than if you spread the charges over two or three cards. If you open a card account at a department store to take advantage of a 10% discount on first time purchases, your credit score will drop because of the inquiry and credit line.
Bottom line: Encourage your state lawmakers to ban credit scoring, and support United Policyholders' Advocacy and Action program by making a tax-deductible donation today. To learn more about this issue, read a special UP report by Economist Birny Birnbaum titled; Credit Scoring in Insurance: An Unfair Practice.
It may surprise you to learn that your credit rating is probably impacting the amount you're paying for insurance more than your driving record or the condition of your home. This is called "credit-based insurance scoring." The worse your score, the higher your premium. There is no logical connection between your credit standing and your likelihood of having an accident or a home fire, so advocates believe insurers are using credit scoring to discriminate and overcharge. But despite years of efforts by United Policyholders and other consumer groups to ban the practice it remains legal and very common in all but a few states.
What can a careful consumer do?
- Review your credit report and fix any errors you find. You are entitled to get one free credit report annually from each of the three big credit bureaus. Beware - most sites that promise a free credit report are not free because they require you to purchase something.
www.annualcreditreport.com is the official site sponsored by the credit bureaus and you can use it to obtain and compare credit reports to see what information is missing or incorrect - particularly the report from the bureau your insurance company used to get your score. You can also get a free report and score via www.creditkarma.com. Errors on credit reports can be hard to fix, especially if you're not a "V.I.P.", as a recent New York Times article points out, but be persistent. - Seek out insurance companies that give discounts for positive actions such as pay-by-the-mile auto insurance which gives you the power to drive less and pay less for your insurance.
Insurance credit scoring penalizes victims of medical catastrophes and people that have suffered a job loss. The practice also penalizes consumers for rational and thrifty behavior. If you shop around for insurance, each insurer you get a quote from will make a credit inquiry. Their inquiries will be recorded and in turn hurt your credit score. If you like to use one credit card for rewards, you'll get a worse credit score than if you spread the charges over two or three cards. If you open a card account at a department store to take advantage of a 10% discount on first time purchases, your credit score will drop because of the inquiry and credit line.
Bottom line: Encourage your state lawmakers to ban credit scoring, and support United Policyholders' Advocacy and Action program by making a tax-deductible donation today. To learn more about this issue, read a special UP report by Economist Birny Birnbaum titled; Credit Scoring in Insurance: An Unfair Practice.
To read past Tips of the Month, click here. To suggest a future Tip of the Month, click here to submit your idea.
Dick Watts Insurance 502-245-3625
Dick Watts Insurance Inc 502-245-3625
Our phone system is down as a result of storms last night.
We apologize for any inconvenience.
You can reach us by phone at 502-245-3625
Thank you!
Dick Watts Insurance
12200 Shelbyville Rd 112
Louisville, KY 40243
502-245-3625
Our phone system is down as a result of storms last night.
We apologize for any inconvenience.
You can reach us by phone at 502-245-3625
Thank you!
Dick Watts Insurance
12200 Shelbyville Rd 112
Louisville, KY 40243
502-245-3625
Dick Watts Insurance 502-245-3625
Dick Watts Insurance Inc 502-245-3625
Our phone system is down as a result of storms last night.
We apologize for any inconvenience.
You can reach us by phone at 502-245-3625
Thank you!
Dick Watts Insurance
12200 Shelbyville Rd 112
Louisville, KY 40243
502-245-3625
Our phone system is down as a result of storms last night.
We apologize for any inconvenience.
You can reach us by phone at 502-245-3625
Thank you!
Dick Watts Insurance
12200 Shelbyville Rd 112
Louisville, KY 40243
502-245-3625
Tuesday, May 24, 2011
Lack of home insurance can turn disaster into financial nightmare
2011 has seen more than its share of natural disasters, ranging from record-breaking tornado outbreaks to floods and wildfires. While catastrophic events disrupt the lives of everyone in their path, people without home insurance, renter’s insurance or the proper disaster coverage also must deal with debilitating financial consequences.
Unlike auto insurance, which is required by law, home insurance is not a mandatory purchase for many Americans. If you have a mortgage, your lender likely will require that you buy home insurance, but if your home is paid off, home insurance is an optional expense.
 |
| Many Americans’ homes aren’t insured for damage from disasters such as a tornado. |
Some homeowners choose to get rid of their home insurance when times get tough. According to a 2009 study by the Insurance Research Council, 5 percent of homeowners reported canceling their policies as a result of the economic downturn. Others inadvertently let their policies lapse, says Ronald Reitz, a board member of the National Association of Public Insurance Adjusters. Reitz works with consumers to prepare and file insurance claims as president of Quality Claims Management.
“We often see homeowners who find that their policy was canceled two days or a week prior to this huge disaster,” Reitz says.
Renters disregard insurance
Homeowners aren’t the only ones often left dealing with the consequences of a disaster without insurance.
“Far too many renters just don’t buy rental insurance,” says Jeanne Salvatore, senior vice president of the Insurance Information Institute. Many renters think they have nothing to worry about since they don’t own the property, but if their apartments or rented homes are destroyed, their belongings usually are as well.
That’s what happened to Spencer Belkofer, an interactive marketing consultant in Alabama. “A few years ago I was renting a home which burnt to the ground,” he says. “I did not have renter’s insurance and lost everything I owned.”
Do you need flood insurance?
Not only can homeowners and renters be hurt by not having property insurance, but they can be caught off-guard without flood insurance as well. “Ninety percent of all natural disasters have some form of flooding, so the risk is very high,” Salvatore says.
A standard homeowner’s or renter’s insurance policy won’t cover flooding, even if it’s connected to another type of disaster. For example, if there’s a hurricane, a standard policy would cover wind damage, but flooding that resulted from the hurricane would be covered by a separate flood insurance policy.
While every American doesn’t need to buy flood insurance, “more people need it than have purchased it,” Salvatore says. Many renters don’t realize that they can benefit from flood insurance as well, since it not only covers damage to a building’s structure, but it also covers belongings that are damaged in a flood. You can find out whether your region is at a low, moderate or high risk of flood damage by visiting FloodSmart.gov.
Considering the costs
 |
| A standard homeowner’s or renter’s insurance policy won’t cover flooding, even if it’s connected to another type of disaster. |
So, how much can a lack of insurance cost you? A 1,000-square-foot home with only 2 inches of flooding could sustain more than $10,000 in losses when you consider the costs of cleaning, repairs and lost personal items, according to the National Flood Insurance Program, created by Congress to offer flood insurance.
It typically costs more to rebuild a home than it does to construct one from scratch. One reason is because there may be demolition costs involved. Also, contractors must rebuild from the top down, which is a more time-consuming process than building from the ground up, according to building cost data provider Marshall & Swift/Boeckh.
Costs are likely to rise even higher after a natural disaster since so many people will be needing to rebuild at the same time, Reitz says. “As that demand goes up, so does the price and cost of the materials and the labor,” he says.
To find out how much a disaster would set you back:
1. Check with a local homebuilders association, surveyor or reputable builder to find out how much it would cost to rebuild your home.
2. Create an inventory of your possessions to get an idea of how much you’d have to spend to replace all of your belongings.
3. Add these two costs together to determine how much you should set aside if you decide to skip home, renter’s or flood insurance.
Should you ’skimp’ on insurance?
While other types of disaster coverage such as earthquake insurance may come into play for some people depending upon where they live, “everyone should have a homeowner’s policy or renter’s insurance policy to protect their home, and most people should have flood insurance,” Salvatore says.
An insurance agent can tell you about other types of risks that might affect your region.
“Insurance is an area that people seem to skimp on,” Reitz says. “But do you really want to skimp on insurance when it comes to protecting your home and your possessions?”
–Tamara E. Holmes
Tuesday, May 10, 2011
Monday, May 9, 2011
Q&A: What to Know About Homeowners' Insurance
By Lily Leung
Friday, May 6, 2011 at 6:28 p.m.
High pressure over the western part of the U.S. created dry, offshore winds that likely caused brushfires to spread this week in certain parts of San Diego County, including Camp Pendleton and Santee.
The Camp Pendleton incident happened in a remote area but the Santee brushfire came close to homes before firefighters were able to put out the blaze, news partner Channel 10 reported, raising the perennial issue of homeowner's insurance.
Ron Reitz
Ron R. Reitz, a licensed public insurance adjuster in San Diego, talked with the Union-Tribune for this week's Five on Friday to give people tips on what kind of property insurance to look for and what key questions to ask while shopping for a policy.
Reitz is the past president of the California Association of Public Insurance Adjusters and is an officer on the Board of Directors of the National Association of Public Insurance Adjusters. He's an expert on hazard claims. (Responses have been paraphrased and edited for clarity.)
Q: What do San Diego homeowners need to know to make sure they have the right insurance for their property and possessions?
A: I often tell people they need to take a look at their insurance policy on a regular basis, especially if they've made any changes or improvements, they need to revisit their coverage. People are always surprised they don't have enough coverage.
Also be sure to tell your agent about any antiques, art, jewelry, collectibles, all those types of things, any collections or valuables. They will be added to a schedule. Check to see if you are covered for building-code upgrades.
Q: What's a common pitfall with property insurance?
A: People immediately ask, 'What's the cheapest?' It's something I wouldn't skimp on - and you have to check what the policies offer.
Q: What are some things condo owners need to know?
A: For condos, there are two different types of policies. One is the association's policy that covers all the common areas of the property. The other one is additional policy that covers the unit and everything inside of it, like the cabinets, wall coverings, drapes, etc. A lot of people mistakenly think that if they're covered through the association policy that it covers everything inside the unit.
Q: What are some things that threaten properties in San Diego, specifically natural disasters?
A: San Diego's biggest threats are fires. Floods naturally occur following fires, which can damage properties. Tsunamis are not very likely but it’s possible. Earthquakes are possible; a lot of people don't feel them when they happen here.
Q: How should a homeowner prepare for the next disaster?
A: Make sure you have some type of plan. Let's say we have a big fire in town...you have to decide where you will go. It's important to have more than one location. I recommend that people take inventory of all of their personal property. A good time is the beginning of the year when you typically get new stuff during the holidays.
For more testimonials, please visit our website: www.qualityclaims.com and click “Testimonials.”
Quality Claims is a member of the Better Business Bureau and the National Association of Public Insurance Adjusters. Quality Claims is nationally licensed as Public Insurance Adjusters or Insurance Consultants and complies with the Department of Insurance Regulations.
Friday, May 6, 2011 at 6:28 p.m.
High pressure over the western part of the U.S. created dry, offshore winds that likely caused brushfires to spread this week in certain parts of San Diego County, including Camp Pendleton and Santee.
The Camp Pendleton incident happened in a remote area but the Santee brushfire came close to homes before firefighters were able to put out the blaze, news partner Channel 10 reported, raising the perennial issue of homeowner's insurance.
Ron Reitz
Ron R. Reitz, a licensed public insurance adjuster in San Diego, talked with the Union-Tribune for this week's Five on Friday to give people tips on what kind of property insurance to look for and what key questions to ask while shopping for a policy.
Reitz is the past president of the California Association of Public Insurance Adjusters and is an officer on the Board of Directors of the National Association of Public Insurance Adjusters. He's an expert on hazard claims. (Responses have been paraphrased and edited for clarity.)
Q: What do San Diego homeowners need to know to make sure they have the right insurance for their property and possessions?
A: I often tell people they need to take a look at their insurance policy on a regular basis, especially if they've made any changes or improvements, they need to revisit their coverage. People are always surprised they don't have enough coverage.
Also be sure to tell your agent about any antiques, art, jewelry, collectibles, all those types of things, any collections or valuables. They will be added to a schedule. Check to see if you are covered for building-code upgrades.
Q: What's a common pitfall with property insurance?
A: People immediately ask, 'What's the cheapest?' It's something I wouldn't skimp on - and you have to check what the policies offer.
Q: What are some things condo owners need to know?
A: For condos, there are two different types of policies. One is the association's policy that covers all the common areas of the property. The other one is additional policy that covers the unit and everything inside of it, like the cabinets, wall coverings, drapes, etc. A lot of people mistakenly think that if they're covered through the association policy that it covers everything inside the unit.
Q: What are some things that threaten properties in San Diego, specifically natural disasters?
A: San Diego's biggest threats are fires. Floods naturally occur following fires, which can damage properties. Tsunamis are not very likely but it’s possible. Earthquakes are possible; a lot of people don't feel them when they happen here.
Q: How should a homeowner prepare for the next disaster?
A: Make sure you have some type of plan. Let's say we have a big fire in town...you have to decide where you will go. It's important to have more than one location. I recommend that people take inventory of all of their personal property. A good time is the beginning of the year when you typically get new stuff during the holidays.
For more testimonials, please visit our website: www.qualityclaims.com and click “Testimonials.”
Quality Claims is a member of the Better Business Bureau and the National Association of Public Insurance Adjusters. Quality Claims is nationally licensed as Public Insurance Adjusters or Insurance Consultants and complies with the Department of Insurance Regulations.
Friday, May 6, 2011
QCMC Volunteer Day at Balboa Park
Wednesday, May 4, 2011
It's not just about the money. It’s about getting the homeowner's life back in order.
The Value of a public adjuster for a property damage insurance claim.
by Joe Welch
Who do you call if you are having problems with your insurance claim? Getting the proper professional help after a disaster is very important.
Why use a Public Adjuster?
Public adjusters are licensed and trained professionals that help you - the insured homeowner - to rebuild your home and get the assistance that was promised to you when you contracted with your insurance company. After a major disaster or extensive storm/fire damage, most major insurance companies do a good job of responding to and handling their customer's immediate needs and claims. However, they may not do such a good job at restoring the homeowner's house and property to its previous condition. That is when you as a homeowner may need some help.
You could call an attorney but that is very expensive and most attorneys really don't know how to cost-effectively negotiate a settlement that leaves all parties happy. This is where the special training and experience of a public insurance adjuster comes in. The goal is not to win or to lose - it is to arrive at a financial agreement that enables a homeowner to get their home and property back to the shape it was before the disaster occurred.
The Public Adjusters (PAs) value-add for a disaster victim is their intimate knowledge of insurance coverage and policies. Many PAs previously worked in the insurance business before becoming a Public Adjuster. The PA will need to review the specific insurance policy to see what the homeowner is truly entitled to, establish the value of the damage, and, maybe most importantly for most disaster victims, manage all aspects of the claim process to take the burden off the shoulders of the besieged policyholder.
Working a claim can be akin to herding sheep. As long as the herd is in the pen, everything is ok, or as long as the claim is one dimensional, the homeowner can manage it. However, a typical claim can get complicated fast. The sheep start running wild and there is no way one person can herd them up.
The normal claim process starts with the notification to the agent or carrier. An insurance company adjuster will make contact and if necessary, make an appointment to see the loss. At the loss the company adjuster will review coverage, scope the damages and advise if any additional documents are required. Some will issue payment on the spot; others will need time to investigate the claim or will wait until they have received all the documents before updating the homeowner regarding the settlement.
There can be dozens of documents that need to be completed, inspected and reviewed. Keeping track of these can be a challenge.
In addition to managing document flow and timing, the claims process also requires working with a variety of people. In many cases, homeowners end up working with a succession of different insurance company adjusters. Usually there is the first team who respond to the emergency or disaster area. Then a second team takes over to keep the process moving, and then a third team takes over the investigation and payment process. The homeowner may end up dealing with a half dozen or more different insurance company adjusters, who often do not communicate well with each other.
The claim process also requires a variety of outside specialists to establish the damage, provide quotes and estimates on repair and rebuilding costs and to replace destroyed possessions.
Insurance company policies and processes can be byzantine, hard to understand, and often quite frustrating to someone who is not familiar with how insurance companies operate. For example, if the homeowner has a mortgage on the destroyed property to be rebuilt, the payment checks often first go to the mortgage lender who then has to disburse it to the homeowner. This can take months.
The entire process can get very complicated and hard to manage - especially if the homeowner has a job and family obligations. Making steady progress on a claim can take 20, 30 or 40 hours a week, leaving little time for job and family. The PA can take care of the claim in its entirety. They know what forms are required, what supporting information will be needed and the time frame requirements of the insurance carrier.
Do Public Adjusters Need to Be Licensed?
In 44 of the 50 states, Public Adjusters are required to be licensed by the state they are doing business in (more states are in process). In contrast, in many states, the Insurance Company's staff adjusters are not required to be licensed.
For PAs, most states require a test, and in order to renew, there must be a number of Continuing Education hours completed per license period. This requirement helps the Public Adjuster to stay up to date with the latest developments in adjusting and insurance law. There are organizations both state-based and nationally (National Association of Public Insurance Adjusters, or NAPIA) for Public Adjusters. These organizations provide a forum for the PAs and a set of high ethical standards its member adjusters must adhere too.
Its not just about the money, it’s about getting their lives back in order.
Many people value Public Adjusters simply because they can usually negotiate a more complete settlement for a claim than a homeowner can do on their own. However, maybe even more attractive is the opportunity to have a trained, experienced and licensed professional Public Adjuster to take over the minutia of managing an insurance claim, to enable the homeowner to stay in control of their lives and have peace of mind that they are getting a fair claim settlement.
by Joe Welch
Who do you call if you are having problems with your insurance claim? Getting the proper professional help after a disaster is very important.
Why use a Public Adjuster?
Public adjusters are licensed and trained professionals that help you - the insured homeowner - to rebuild your home and get the assistance that was promised to you when you contracted with your insurance company. After a major disaster or extensive storm/fire damage, most major insurance companies do a good job of responding to and handling their customer's immediate needs and claims. However, they may not do such a good job at restoring the homeowner's house and property to its previous condition. That is when you as a homeowner may need some help.
You could call an attorney but that is very expensive and most attorneys really don't know how to cost-effectively negotiate a settlement that leaves all parties happy. This is where the special training and experience of a public insurance adjuster comes in. The goal is not to win or to lose - it is to arrive at a financial agreement that enables a homeowner to get their home and property back to the shape it was before the disaster occurred.
The Public Adjusters (PAs) value-add for a disaster victim is their intimate knowledge of insurance coverage and policies. Many PAs previously worked in the insurance business before becoming a Public Adjuster. The PA will need to review the specific insurance policy to see what the homeowner is truly entitled to, establish the value of the damage, and, maybe most importantly for most disaster victims, manage all aspects of the claim process to take the burden off the shoulders of the besieged policyholder.
Working a claim can be akin to herding sheep. As long as the herd is in the pen, everything is ok, or as long as the claim is one dimensional, the homeowner can manage it. However, a typical claim can get complicated fast. The sheep start running wild and there is no way one person can herd them up.
The normal claim process starts with the notification to the agent or carrier. An insurance company adjuster will make contact and if necessary, make an appointment to see the loss. At the loss the company adjuster will review coverage, scope the damages and advise if any additional documents are required. Some will issue payment on the spot; others will need time to investigate the claim or will wait until they have received all the documents before updating the homeowner regarding the settlement.
There can be dozens of documents that need to be completed, inspected and reviewed. Keeping track of these can be a challenge.
In addition to managing document flow and timing, the claims process also requires working with a variety of people. In many cases, homeowners end up working with a succession of different insurance company adjusters. Usually there is the first team who respond to the emergency or disaster area. Then a second team takes over to keep the process moving, and then a third team takes over the investigation and payment process. The homeowner may end up dealing with a half dozen or more different insurance company adjusters, who often do not communicate well with each other.
The claim process also requires a variety of outside specialists to establish the damage, provide quotes and estimates on repair and rebuilding costs and to replace destroyed possessions.
Insurance company policies and processes can be byzantine, hard to understand, and often quite frustrating to someone who is not familiar with how insurance companies operate. For example, if the homeowner has a mortgage on the destroyed property to be rebuilt, the payment checks often first go to the mortgage lender who then has to disburse it to the homeowner. This can take months.
The entire process can get very complicated and hard to manage - especially if the homeowner has a job and family obligations. Making steady progress on a claim can take 20, 30 or 40 hours a week, leaving little time for job and family. The PA can take care of the claim in its entirety. They know what forms are required, what supporting information will be needed and the time frame requirements of the insurance carrier.
Do Public Adjusters Need to Be Licensed?
In 44 of the 50 states, Public Adjusters are required to be licensed by the state they are doing business in (more states are in process). In contrast, in many states, the Insurance Company's staff adjusters are not required to be licensed.
For PAs, most states require a test, and in order to renew, there must be a number of Continuing Education hours completed per license period. This requirement helps the Public Adjuster to stay up to date with the latest developments in adjusting and insurance law. There are organizations both state-based and nationally (National Association of Public Insurance Adjusters, or NAPIA) for Public Adjusters. These organizations provide a forum for the PAs and a set of high ethical standards its member adjusters must adhere too.
Its not just about the money, it’s about getting their lives back in order.
Many people value Public Adjusters simply because they can usually negotiate a more complete settlement for a claim than a homeowner can do on their own. However, maybe even more attractive is the opportunity to have a trained, experienced and licensed professional Public Adjuster to take over the minutia of managing an insurance claim, to enable the homeowner to stay in control of their lives and have peace of mind that they are getting a fair claim settlement.
Tuesday, April 19, 2011
Safeco Insurance now offers low mileage discount
Safeco Insurance now offers Low mileage discount, contact your Safeco Insurance agent for detail and eligibility . Call Dick Watts Insurance 502-365-5132
We offer Auto Insurance, Home Insurance, Renters Insurance, and Motorcycle Insurance
We offer Auto Insurance, Home Insurance, Renters Insurance, and Motorcycle Insurance
Safeco Insurance now offers low mileage discount
Safeco Insurance now offers Low mileage discount, contact your Safeco Insurance agent for detail and eligibility . Call Dick Watts Insurance 502-365-5132
We offer Auto Insurance, Home Insurance, Renters Insurance, and Motorcycle Insurance
We offer Auto Insurance, Home Insurance, Renters Insurance, and Motorcycle Insurance
Friday, April 1, 2011
United Policy Holders: Tip of the Month
March 2011
Shaken and Stirred (original article)
The horrific images and aftermath of the Japanese earthquake and tsunami should be a call to action for property owners and public officials, and not just in California. There are known (and unknown) faults in the mid west and throughout the United States. Yet in California - the highest risk area in the country - less than 12% of insured homeowners have earthquake coverage. If recent events in Japan have stirred you to take action, UP can help you decide if adding the protection makes financial sense, and help you shop for the right policy.
Use UP's Earthquake Insurance Shopping Guide to compare policies by what they cover and cost "apples to apples." Read our earthquake insurance buying tips for homeowners, and tips for renters to get a clearer understanding of how the policies work. Yes, typical earthquake coverage is expensive for what you get. Most policies don't pay until the loss is more than 15% of your total coverage. UP is working hard to fix this and make the coverage more affordable. But even so, a 15% deductible is a lot less painful than the 100% you'll have to shoulder if you have no insurance at all. (See recent L.A. Times article, "Are you insured for the Big One?")
The decision whether or not to buy earthquake insurance is an individual, financial decision. Key factors to research and consider are:
•The financial strength of the companies that will sell it to you
•The features and pricing of their policies
•The amount of equity you have in your home
•Your proximity to a fault
•The age and construction style of your home and foundation
For additional earthquake insurance buying tips, visit United Policy Holders website at http://www.uphelp.org/. or Quality Claims Management's article: Earthquake Insurance and San Diego County Residents.
Shaken and Stirred (original article)
The horrific images and aftermath of the Japanese earthquake and tsunami should be a call to action for property owners and public officials, and not just in California. There are known (and unknown) faults in the mid west and throughout the United States. Yet in California - the highest risk area in the country - less than 12% of insured homeowners have earthquake coverage. If recent events in Japan have stirred you to take action, UP can help you decide if adding the protection makes financial sense, and help you shop for the right policy.
Use UP's Earthquake Insurance Shopping Guide to compare policies by what they cover and cost "apples to apples." Read our earthquake insurance buying tips for homeowners, and tips for renters to get a clearer understanding of how the policies work. Yes, typical earthquake coverage is expensive for what you get. Most policies don't pay until the loss is more than 15% of your total coverage. UP is working hard to fix this and make the coverage more affordable. But even so, a 15% deductible is a lot less painful than the 100% you'll have to shoulder if you have no insurance at all. (See recent L.A. Times article, "Are you insured for the Big One?")
The decision whether or not to buy earthquake insurance is an individual, financial decision. Key factors to research and consider are:
•The financial strength of the companies that will sell it to you
•The features and pricing of their policies
•The amount of equity you have in your home
•Your proximity to a fault
•The age and construction style of your home and foundation
For additional earthquake insurance buying tips, visit United Policy Holders website at http://www.uphelp.org/. or Quality Claims Management's article: Earthquake Insurance and San Diego County Residents.
Wednesday, March 30, 2011
Wednesday, March 23, 2011
top 5 louisville auto insurance mistakes
Top 5 Louisville Auto Insurance Mistakes
1) Removing or Reducing insurance coverage. Carefully review your auto insurance coverage before making a decision concerning removing or reducing coverage.
2) Changing Agents: We appreciate your loyalty. We work to provide excellent customer service and we appreciate your loyalty to our agency.
3) Not paying the premium. Times are tough and this is a difficult economy. If you cannot pay the premium, the auto insurance policy will cancel.
4) Not calling the police, when involved in an auto accident. It is important if involved in a car accident to notify the police or proper authorities. You will want to document the facts of the accident by filing an accident report.
5) Not buying auto insurance. Remember, obtain the auto insurance policy before an accident happens.
Louisville Car Insurance quote 502-365-5132
visit us on facebook :
http://www.facebook.com/wattsinsurance
visit us on twitter:
https://twitter.com/wattsinsurance
1) Removing or Reducing insurance coverage. Carefully review your auto insurance coverage before making a decision concerning removing or reducing coverage.
2) Changing Agents: We appreciate your loyalty. We work to provide excellent customer service and we appreciate your loyalty to our agency.
3) Not paying the premium. Times are tough and this is a difficult economy. If you cannot pay the premium, the auto insurance policy will cancel.
4) Not calling the police, when involved in an auto accident. It is important if involved in a car accident to notify the police or proper authorities. You will want to document the facts of the accident by filing an accident report.
5) Not buying auto insurance. Remember, obtain the auto insurance policy before an accident happens.
Louisville Car Insurance quote 502-365-5132
visit us on facebook :
http://www.facebook.com/wattsinsurance
visit us on twitter:
https://twitter.com/wattsinsurance
top 5 louisville auto insurance mistakes
Top 5 Louisville Auto Insurance Mistakes
1) Removing or Reducing insurance coverage. Carefully review your auto insurance coverage before making a decision concerning removing or reducing coverage.
2) Changing Agents: We appreciate your loyalty. We work to provide excellent customer service and we appreciate your loyalty to our agency.
3) Not paying the premium. Times are tough and this is a difficult economy. If you cannot pay the premium, the auto insurance policy will cancel.
4) Not calling the police, when involved in an auto accident. It is important if involved in a car accident to notify the police or proper authorities. You will want to document the facts of the accident by filing an accident report.
5) Not buying auto insurance. Remember, obtain the auto insurance policy before an accident happens.
Louisville Car Insurance quote 502-365-5132
visit us on facebook :
http://www.facebook.com/wattsinsurance
visit us on twitter:
https://twitter.com/wattsinsurance
1) Removing or Reducing insurance coverage. Carefully review your auto insurance coverage before making a decision concerning removing or reducing coverage.
2) Changing Agents: We appreciate your loyalty. We work to provide excellent customer service and we appreciate your loyalty to our agency.
3) Not paying the premium. Times are tough and this is a difficult economy. If you cannot pay the premium, the auto insurance policy will cancel.
4) Not calling the police, when involved in an auto accident. It is important if involved in a car accident to notify the police or proper authorities. You will want to document the facts of the accident by filing an accident report.
5) Not buying auto insurance. Remember, obtain the auto insurance policy before an accident happens.
Louisville Car Insurance quote 502-365-5132
visit us on facebook :
http://www.facebook.com/wattsinsurance
visit us on twitter:
https://twitter.com/wattsinsurance
Subscribe to:
Posts (Atom)