The Deep Freeze And Your Insurance Coverage

Insurance

Wintry weather can wreak havoc on property. Fallen power lines and tree limbs along with burst water pipes are just a few of the problems home-and-business owners face. When a winter storm hits the last thing anyone wants to do is worry about whether any damage is covered by insurance. The good news is that many times insurance does cover damage caused by storms. Damage caused to homes by ice and falling limbs is covered by homeowner’s policy, according to an article by CBC News. That’s great news for those…

Read More

Homeowners insurance coverage confusion regarding power failures

New York power outage from Hurricane Sandy- Homeowners Insurance fraud Coverage

Following Hurricane Sandy, many people would like to know if they are covered when the lights go out. Typically, a power outage causes a minor level of inconvenience – especially at home – but when a storm such as Hurricane Sandy strikes, many people wonder if the losses that can occur from those events are covered by their homeowners insurance policies. After a certain number of hours, it is no longer a matter of simply not being able to watch TV. For example, when power failures occur in the dead…

Read More

Insurance Checkup campaign launches in Connecticut to help consumers understand their insurance policies

In an effort to raise consumer awareness of their insurance policies, the Connecticut Department of Insurance has launched a new campaign called “Insurance Checkup.” Many consumers understand what their insurance policies do and do not cover, but a significant number have no clue. This can lead to trouble when it times to file claims and policyholders meet with rejection because their policies do not cover a specific event. Insurance Commissioner Thomas Leonardi cites the disastrous 2011 as inspiration for the initiative. Last year, Connecticut residents fell victim to a number…

Read More