| |
| Question: |
Why are insurance rates
increasing? |
| Answer: |
Click
Here |
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| Question: |
What is a deductible? |
| Answer: |
The amount you agree to pay per claim or accident toward the total cost of
your insured loss. |
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|
| Question: |
What is an exclusion? |
| Answer: |
Insurance policies do not cover everything. We can explain
situations which would not be covered by your insurance. |
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|
| Question: |
What is a peril? |
| Answer: |
Causes of losses are known as
perils. Your policy will list perils you are covered for - such as
fire. |
|
|
| Question: |
What is a rider? |
| Answer: |
You may have valuables which
require extra coverages. We can amend
your policy to suit your individual needs. |
|
|
| Question: |
What is an underwriter? |
| Answer: |
An employee representing the
insurance company who reviews and accepts applications for insurance.
An underwriter has to know the full details regarding any of the risks
placed with them. |
|
|
| Question: |
What is an independent
broker? |
| Answer: |
A person who represents a variety of insurance companies and who will
assess your needs and develop an insurance plan tailored to meet your needs. |
|
|
| Question: |
What if my
home was destroyed by fire and the cost of rebuilding was more than I'm insured
for? |
| Answer: |
Click Here |
|
|
| Question: |
What if I hit my
dock with my boat - is my boat covered? |
| Answer: |
Click Here |
|
|
| Question: |
What if I run
a business out of my home - does my house insurance cover me? |
| Answer: |
Click Here |
|
|
| Question: |
What if my sewer
backs up - would my basement be covered? |
| Answer: |
Click Here |
|
|
| Question: |
What is the difference between Broad &
Comprehensive Forms? |
| Answer: |
Click Here |
|
|
| Question: |
I bought an "all risks" home insurance policy. Does that mean I'm
covered for everything? |
| Answer: |
Click Here |
|
|
| Question: |
If I have several claims on my homeowners
policy, will I be penalized by the insurance company? After all, isn't that what
I buy insurance for? |
| Answer: |
Click Here |
|
|
| Question: |
I live with two
roommates. Do we need separate home insurance policies? |
| Answer: |
Click Here |
|
|
| Question: |
How do insurance
companies decide what to charge for home insurance? My rates have gone up
considerably, and I haven't even had any claims. |
| Answer: |
Click Here |
|
|
| Question: |
The insurance
company cancelled my home insurance. Is it allowed to do this? |
| Answer: |
Click Here |
