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 […]
Tag Archives: underinsured
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 […]
11
Nov
Nov
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 […]