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What is the highest property damage claim in terms of loss frequency?

Posted on September 24, 2020 by Dustin Looser

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According to the Insurance Information Institute (III), wind/hail damage is the highest property claim type in terms of loss frequency. Water damage/freezing comes in second on this not so great list. With this in mind, I would like to give…

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Category: Claims, Home, Personal Tags: back up power, claims, cleaning gutters, freezing, freezing pipes, gutters, hail damage, handrails, heating system, insulation, Insurance Information Institute, loss frequency, personal property, personal property coverage, preparedness, property damage, property owner, sealing doors, sealing windows, steps, subrogation, tree maintenance, trees, water damage, water pipe, wind damage, window seals, winter preparation, winter weather

What is Subrogation?

Posted on May 21, 2020 by Dustin Looser

Subrogation is a common term in the insurance industry but not a common one outside of it. So what is subrogation?

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Category: Business, Claims, Commercial, Home, Household Inventory, Liability, Personal, Prevention, Saving Money, Service Tags: analytics, artificial intelligence, coverage, damages, premiums, products liability, subrogate, subrogation, third-party

Subrogation: The Right to Recovery

Posted on April 17, 2015 by Scott Mull

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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Category: Central, Claims, Liability Tags: assignment, claim, deductible, insurance, liability, recover, subrogation, transfer