Private bank estimates put total losses at $180 billion! It will be interesting how claims will play out. See Link below for more details: http://www.msnbc.msn.com/id/42095196/ns/business-world_business/
In an article written by Liz Pulliam Weston she noted the following: Consider: Dog bites make up one-third of all homeowner insurance liability claims, according to the Insurance Information Institute, and cost insurers $356 million in 2007. The average cost of a dog-bite claim was $24,511 in 2007, the institute found. That’s 11.5% more [...]
Very few people schedule their wife’s rings but the link below shows that anything can happen! Insurance is relatively cheap and if scheduled most companies include Mysterious Disappearance and Acts of Ignorance coverage. http://wbztv.com/local/engagement.ring.lost.2.1853775.html
Most agents and customers use the phrase apples to apples quote when shopping their insurance. Is this really what consumers want? Over half of the insurance policies I review are lacking critical coverage’s or have needless deductibles that most people don’t know are available. Many times we’re talking about $10 to $30 more per year [...]
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