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Insurance Blog

Property Claim Cost Drivers

Anyone who has recently completed a home repair or renovation understands that costs continue to rise. As a result, the costs of property claims are also much higher for insurers. Upon closer examination, a few key factors influence the change in the cost of a property claim. These are important for insurers to understand in setting up structures to improve claim management. Cost of Cleanup,...

Is Lost or Stolen Jewelry Covered by Homeowners Insurance?

Personal jewelry items can be extremely valuable. For example, the average cost of an engagement ring in the U.S. is $7,829, as reported by Brides.com. A strand of South Sea pearls can be worth more than $100,000, as stated by The Pearl Source. If jewelry is lost or damaged because of a covered peril, such as theft, it is covered by homeowners insurance, up to...

4 Tips for Property Managers to Be Successful in 2021

Many people are not aware that the availability of temporary housing has been decreasing every year since 2013. It was not until January of 2020 that there was a slight increase in the number of temporary housing beds available, and that increase was only 2%. The world of temporary housing can be complicated and it relies on the expertise of competent managers. What exactly goes into being...

Safety Tips to Remember During Motorsports Awareness Month

Originally, motorsports in America were mainly about motocross, NASCAR, or drag racing. Today, they often involve motorcycles or all-terrain vehicles (ATVs).  August is Motorsports Awareness month in the U.S. This is a time for promoting the enjoyment of motorsports and for educating people regarding safety. It is also an excellent time of year for motorcycle road trips or exploring trails on ATVs. These common-sense safety...

Why You Should Consider Travel Insurance for Your Next Cruise

With summer coming to an end, you may be planning one last family trip before school starts again. If a cruise is on the horizon, you might want to consider travel insurance. COVID-19 has shown us how important this type of coverage could be, with the number of cancellations that have occurred.  Benefits of Travel Insurance for a Cruise People generally book cruises to relax...