Many vehicles on the south end of Henderson KY close to Henderson Community College and the industrial park (Gibbs) suffered some hail damage the afternoon of March 2, 2012 around 2:00 pm. What do you need to do if you have hail damage to your vehicle? First determine if you have comprehensive or other than collision coverage. If you do, then hail damage to your vehicle … [Read more...]
Do you own vacant land?
What is vacant land? This question comes up occasionally. If it is truly vacant land, your homeowners' policy could extend automatic coverage for liability. Few plots of ground would be considered vacant per the ISO definition, which is “any land on which there exist no man made structures”. There can be no roads, fences, poles, structures, etc. If you have vacant … [Read more...]
Statistics on Homeowners Claims in 2011
Did you wonder why your homeowners insurance rates are going up so much? Take a look at these slides from the Insurance Information Institute and it will help you understand. Our weather patterns of late have really been causing havock with property insurance carriers. Insurers expect to pay at least $2 billion each for the April 2011 tornadoes in Alabama and a similar … [Read more...]
Neighbors and Trees
A Frequently Asked Question on a day after a storm My tree fell on my neighbor's property (deck, pool, fence, or house). As the property owner, am I responsible? Will my insurance pay for the damages? Most of the time, the answer is no and no. So who will pay for the damages? It is a claim on the other person's homeowners' insurance and not the property owner of the tree that … [Read more...]
When life changes, so can your insurance needs
While wandering outside his house, the Travelers dog suddenly notices a glamorous female pooch. It's love at first sight. With love-themed music in the background, we watch their blossoming summer romance. The last scene shows the dog walking into his living room with his prized bone in his mouth. Something stops him in his tracks: a litter of puppies! [tentblogger-youtube … [Read more...]