Are you a Wilshire Insurance Company policyholder? If so, you’ll want to pay attention to what I’m about to tell you. If you have a homeowner’s policy, you may have read (or likely did not read) the Loss Settlement Endorsement that came with your new policy or renewal. No, it’s not sexy, but you’ll thank […]
Category Archives: Insurance Policy Issues
Insurance Companies, Insurance Policy Issues, Insurance Policy Reviews, Slab Leak, State Farm, Uncategorized, Water Loss
State Farm Does NOT Pay For Plumbing Access in Arizona
14
Apr
Apr
Arizona Homeowners insured with State Farm Insurance need to be aware that State Farm does not pay for plumbing access costs. For many of our clients, that can amount to thousands of dollars of out-of-pocket costs when their plumbing fails by bursting or collapsing, causing damage to their homes. If you’ve had […]
American Summit Insurance Company, Insurance Companies, Insurance Policy Issues, Insurance Policy Reviews, Insurance Terms Defined, Underinsured Claims, Water Loss
American Summit Insurance Company – Limit of Liability for Water Losses
09
Feb
Feb
AMERICAN SUMMIT INSURANCE COMPANY – LIMIT OF LIABILITY FOR WATER LOSSES This is the first in a series of posts highlighting specific insurance company’s policies. The reason we picked this one is because it’s relevant to one of our “water loss” clients at the moment. Our firm specializes in water losses and fire losses. One […]
Insurance Policy Issues, Insurance Terms Defined, Reasons for Claim Denial, Recoverable Depreciation, Water Loss
A Homeowners Policy is a Homeowners Policy, Right?
03
Feb
Feb
PURCHASING YOUR HOMEOWNERS POLICY When you meet with your insurance agent to buy your homeowners policy, how much time do you really spend with them going over the various coverage options available to you? If you’re like most people, you count on your agent to sell you the policy you need – the one that […]
Insurance Policy Conditions, Insurance Policy Issues, Insurance Terms Defined
Don’t Get Caught With a Coinsurance Penalty.
23
Mar
Mar
I had the pleasure of meeting a very nice couple a few weeks ago. They called our office to come and take a look at damage from an apartment fire that occurred in one of the multi-family buildings they own in Tucson. During our initial telephone call, I asked some of the particulars about their […]
Insurance Policy Issues, Recoverable Depreciation
Don’t Miss Your Deadline to Receive Recoverable Depreciation
28
Sep
Sep
Often when people file an insurance claim, they don’t understand how recoverable depreciation works with their replacement cost policy. As Arizona public adjusters, we help our clients meet every deadline in order to get all the money they’re entitled to in their claim settlement. When the insurance company pays the ACV (actual cash value) portion […]
24
Aug
Aug
I drove out to meet with new clients at their home last week and, I have to say, it was a very heartbreaking situation. They are a very nice senior couple in Litchfield Park, Arizona who had a pipe break suddenly, causing water to flow into every room of their home. They purchased their homeowners […]