Category Archives: Underinsured Claims

Wilshire Insurance’s Loss Settlement Endorsement LSH01

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 […]

American Summit Insurance Company – Limit of Liability for Water Losses

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 […]

Is Your Personal Property Protected?

Everyone has personal property – possessions that are new and old – that they would like to protect in case the unthinkable should happen.  I’m going to tell you about some ways you can protect yourself and your personal property before a loss occurs. First, let’s look at how personal property insurance works.  The amount […]

The Dangers of Being Underinsured?

I’m currently working on a fire claim for a client who is underinsured on their home by just under 20%, and on their personal property by at least 50%.  They, like many homeowners here in the Phoenix area, thought that insuring their home for the market value would be sufficient. However, the market value of […]