Will Filing A Claim Make My Premium Increase Or Result In My Policy Being Canceled?
A single claim shouldn’t change your relationship with your insurance provider. Multiple claims, however, can become a cause for concern that could lead to an increase in your premiums or even cancellation of your coverage. Generally, your insurer will be more inclined to change your rates or coverage if the claim you file relates back to some negligence on your part. It is always best to contact your agent prior to actually filing a claim if possible.


Will My Roommate’s Renters Policy Cover Me As Well?
Generally, renters insurance is intended to cover the policy holder and his or her relatives that live in the same space. If you aren’t related to your roommate, then, you’ll need your own policy. Fortunately, renters insurance is extremely affordable (generally around $150 annually) and will cover both your personal property and your liability.


What Are The Benefits Of A Renters Policy?
If you think your landlord’s insurance will cover the belongings you store in your rental, think again. To get protection for everything you own, you need renters insurance. Your policy will also offer liability coverage, protecting you against the cost of being legally liable for damages or injured you cause.


I’m Not Near Any Body Of Water. Is There Any Particular Reason Why I Would Need Flood Insurance? Doesn’t My Homeowner Policy Provide Flood Coverage?
Your home’s coverage won’t protect you against flooding. You need a separate flood insurance policy for protection against this natural disaster. It’s wise to consider this coverage even if you don’t live near a body of water. Talk to your insurance agent and consult the National Flood Insurance Program’s resources to determine your specific risk for flooding.


Does My Homeowner Policy Cover My Possessions When They Are Not In My House?
The Coverage C portion of your homeowners insurance policy should offer you coverage for your belongings while you’re traveling or carrying possessions away from home for a short time. If, however, you’ll be storing property off premises long-term, you should consider additional coverage.


Do I Need A Condominium Policy If My Condominium Association Has A Master Policy For The Complex?
The master policy protects the structure of your condo, but you need to be concerned about protection your personal property and your legal liability. Fortunately, condo insurance is designed to step in exactly where your association’s master policy leaves off.

Are Natural Disasters Such As Flood, Earthquakes And Hurricanes Covered Under My Homeowner Policy?
Hurricanes and tornadoes are covered by your homeowners insurance policy. Earthquakes and floods, however, are not. It’s important that you sit down with your homeowners insurance agent to talk about the specific natural disasters that affect your area and how to cover against them.


Why Is Replacement Cost On My House Not The Same As The Sale Price?
Generally, the cost to rebuild a home is not equal to its sales price. When you factor market value, you also include the cost of land, its location, proximity to schools, businesses, and more. Replacement cost considers the cost of materials, debris removal and labor needed to rebuild your home.


I Just Built My House – Why Can’t I Use The Completed Value For My Coverage?
f your home was part of a development, your contractor was likely able to get discounted materials by purchasing in bulk and discounted services by hiring plumbers, electricians, etc. to work on multiple properties at the same time. You won’t be able to get the same prices. Furthermore, because reconstruction needs to consider debris removal costs and increase in building material costs, it generally costs more than the new build.


What Happens After I File A Claim? Your steps after filing a claim are:

  • Your insurance company adjuster will reach out to you to gather detailed information about your claim.
  • The adjuster may come out to inspect your vehicle or property to evaluate the cost of damages.
  • You will work with your adjuster will get an estimate for the damages.
  • A check will be cut for that estimate.
  • If actual costs differ from the estimate, you and your insurance provider will address the difference. Generally, this means a supplemental check will be delivered to you.

How Do I File A Claim?
If possible it is in your best interest to contact your agent first to discuss options available based on your situation. If unable to connect go straight to your insurance carrier to file your claim. You can file your claim either online or over the phone.