Home business owners should look at what the are covered for already and talk with their insurance agent to what policy is best for them, at the best price. |
Hurricane Andrew was kind of a wake-up call. |
If there is a question at some point as to whether the industry should be held responsible for flood insurance, that would change the whole mechanism of how insurance works. |
If this proposal is approved in Minnesota, it will have a disastrous effect on consumers. It will force good drivers and responsible homeowners to subsidize those with poor loss histories by hundreds of millions of dollars each year. |
It would always be what the (Kelley) Blue Book value of the car is. The Blue Book value may not be the same as what it would cost you to replace it. |
It's all about how much your pocketbook can afford. You can take a higher deductible, but if you have an accident, you are going to pay a little more. |
Many people don't realize that if you've made any additions to your home, or updated the bathroom, the value of that home increases. Every two years you should look at your property value and update your insurance accordingly. |
Most companies have somebody who is so instrumental to the business that losing them means the company may never be the same. |
Most insurance companies and agents regularly contact homeowners to ensure that their insurance policy limits keep up with the value of their home so that there will be sufficient funds to rebuild after a hurricane or other catastrophe. |
The problem is the cars that are popular with thieves are also popular with consumers. |
There comes a point where you have to look at areas that are vulnerable, and rates have to be adjusted accordingly. |
You should never assume that your homeowners' policy covers your home business. In most cases, it doesn't. |
You want to train your employees. That's very important. |