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 […]
Tag Archives: not enough insurance
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 […]