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What is a Deductible?

If you’ve ever had an auto accident or a homeowner’s claim, you have likely talked about your deductible. A deductible is the amount that is “deducted” or subtracted from the overall loss amount. So theoretically, if you have an auto…

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Insurance 101 from the Underwriter

Working as an insurance professional, my friends and family often ask me about insurance. I’m sure others out there have these same questions so I thought I would try to help answer them.

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The Loss of Your Priceless Valuables May Come at a Cost

Whether it’s a collection of miniature thimbles or your grandmother’s pearl necklace, your collectables or valuables are priceless to you. Because they are so important, you may take for granted that your homeowners policy will adequately cover your valuable items for loss, but it’s important…

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Storm Season is Here…Are You Ready?

Does June 29, 2012 ring a bell for you? That date will live in the insurance professionals’ memories for years to come. Derecho is a Spanish term for a straight, long, widespread and long-lasting storm that comes with fast-moving thunderstorms…

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Subrogation: The Right to Recovery

SUBROGATION – How’s that for a $.10 insurance word?  I suspect most of you do not know what subrogation is unless you’ve previously had a loss involving it. According to Black’s Law Dictionary (you know it’s serious when I quote…

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The Lowdown on Deductibles

One of my Facebook friends recently posted the following status: “We have to pay our $500 deductible again. Is this normal or should I look into a new insurance company? I do not feel it is fair because it’s not like you…

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To File Or Not To File…That’s The Financial Question

There are many types of coverage offered on a typical homeowner’s policy, but the question of whether or not to file a claim versus footing the bill yourself for any damage often arises.

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