#Home Insurance

[odinsblog]

Cindy Picos was dropped by her home insurer last month. The reason: aerial photos of her roof, which her insurer refused to let her see.

“I thought they had the wrong house,” said Picos, who lives in northern California. “Our roof is in fine shape.” 

Her insurer said its images showed her roof had “lived its life expectancy.” Picos paid for an independent inspection that found the roof had another 10 years of life. Her insurer declined to reconsider its decision.

Across the U.S., insurance companies are using aerial images of homes as a tool to ditch properties seen as higher risk. 

Nearly every building in the country is being photographed, often without the owner’s knowledge. Companies are deploying drones, manned airplanes and high-altitude balloons to take images of properties. No place is shielded: The industry-funded Geospatial Insurance Consortium has an airplane imagery program it says covers 99% of the U.S. population. 

The array of photos is being sorted by computer models to spy out underwriting no-nos, such as damaged roof shingles, yard debris, overhanging tree branches and undeclared swimming pools or trampolines. The red-flagged images are providing insurers with ammunition for nonrenewal notices nationwide.

“We’ve seen a dramatic increase across the country in reports from consumers who’ve been dropped by their insurers on the basis of an aerial image,” said Amy Bach, executive director of consumer group United Policyholders. 

The increasingly sophisticated use of flyby photos comes as home insurers nationwide scramble to “derisk” their property portfolios, dropping less-than-perfect homes in an effort to recover from big underwriting losses.

(continue reading)

#politics #insurance #home insurance #insurance companies #privacy rights #derisking #privacy

[kp777]

By Oliver Milman

The Guardian

July 5, 2023

Allstate, too, has pulled out of climate disaster-prone areas while hiring lobbyists who are also aligned to fossil fuel interests

The largest home insurer in the US, State Farm, which is halting new homeowner policies in California due to the “rapidly growing catastrophe exposure” posed by wildfires, has hired lobbyists who also work to advance fossil fuel industry interests across 18 states, a new database shows.

While State Farm in May refused to take new home insurance applications in California, it retains a lobbying firm in the state – the Sacramento-based KP Public Affairs – which also represents Tenaska, a gas developer. Across the US, State Farm shares lobbyists with a raft of oil and gas companies, including ExxonMobil, Calpine and Occidental Energy.

Allstate, another insurer that followed State Farm in pulling out from new policies in California due to the state’s worsening wildfire risk, has also contracted lobbyists who have fossil fuel clients, such as Chevron, ConocoPhillips and Kinder Morgan.

State Farm and Allstate are just two of more than 150 insurance companies and associations – part of an industry facing steepening losses from fires, floods and other disasters spurred by the climate crisis – that use state-based lobbyists also aligned to fossil fuel interests, according to F Minus, a new database of public disclosure records.

James Browning, executive director of F Minus, said that State Farm’s linkage to fossil fuels stretches to Florida, where its lobbying firm Dean Mead also represents the Williams Companies, a gas pipeline operator in the state. “This allegiance with gas interests clearly pits State Farm against the interests of its customers as they face increasingly severe hurricanes, floods, and soaring insurance costs,” said Browning.

The lobbying overlap between insurers like State Farm and the fossil fuel companies stoking the climate crisis is “problematic and potentially counterproductive”, according to Tom Corringham, a research economist with the Scripps Institution of Oceanography at the University of California, San Diego.

Insurers and fossil fuel companies could be working at cross-purposes around issues such as climate risk disclosures, he said, which the insurance industry requires to accurately price risk for homes facing a rising threat of flooding or fire.

Read more.

#state farm #allstate #home insurance #fossil fuel industry

[vintagemalapicolla]

Mid Century Chandelier Sijaj Hrastnik With Three Opaline Glass Shades and Solid Wood Frame, Vintage Mid Century Ceiling Light, Pendant Light

Vintage shop

#country cottage #vintage light #antiques #vintage #vintage interior #modern #style #home #home lighting #home interior #etsyshop #interior design #etsyseller #etsy #interior #home invasion #home insurance #living room #chandlier #chandelier

[farmersinsuranca]

Phone: [phone]

Address: 10769 Woodside Ave Ste 103, Santee, CA 92071, United States

Email: [email protected]

LOCAL INSURANCE AGENCY OFFERING ALL LINES OF INSURANCE. AUTO INSURANCE, HOME INSURANCE, RENTERS INSURANCE, MOBILE HOME INSURANCE, MANUFACTURED HOME INSURANCE, LIFE INSURANCE, BUSINESS INSURANCE, WORKERS COMP

#Auto Insurance #Home Insurance #Renters Insurance #Condo Insurance #Umbrella Insurance

[crossroads-insurance]

How to Choose the Right Home Insurance in the UAE?

Home insurance is a type of property insurance that covers losses and damage that occur to an individual’s house or insured belongings. The coverage can cover costs due to natural calamities such as floods and earthquakes. Plus, it covers fire-related damages to the property. 

Although the UAE is one of the safest places, the absence of home insurance can put a huge financial burden on people for rebuilding. In this blog, find out how to choose the right home insurance in the UAE. 

Understand Insurance Needs

The first step is to understand personal insurance needs. The location of the residence is one of the major factors one should consider while opting for a home insurance policy. In addition, decide if you want insurance coverage only for the property or the belongings in the house or both. Other factors such as age, income, health, employment, settlement plan, family and more can be considered too. 

Do Research

 Do your own research about the different insurance companies. Find out the following about the insurance providers:

Company Reputation

Financial Stability

Customer Service

Claim Settlement Time

Search online for reviews, customer feedback and ratings. Seek help from friends and families. Else, get expert advice from insurance experts in the UAE. Also, it is important that the insurance provider has a licence as per the laws in the UAE.

Compare Different Home Insurance Policies

Once you narrow down the list of insurance companies, start comparing different home insurance policies offered. Read carefully each and every detail to have a complete understanding of the insurance coverage promised. Plus, read the terms and conditions thoroughly. Compare the procedures to claim insurance and the time required to achieve a settlement.

Consider the Features

Find out if there are additional benefits or add-ons offered by the insurance company in addition to the standard coverage. It is necessary to cover specific needs besides basic coverage. However, one of the main factors to consider is the cost. Take time and assess if the add-ons are worth the additional money. 

Budget

The cost of a home insurance policy is one of the key factors that distinguish one insurer from another. Compare the following things to find the best insurance policy that provides the best value:

Premium

Deductible Amounts

Exclusions

Discuss if there are discounts or promotions that can significantly lower the cost and boost savings on insurance.         

Review

Periodical review of the home insurance is essential to meet the changing needs and the coverage required. The best thing is to review annually if the insurance coverage is enough for the future. 

Claim Rejection

 Make sure to submit all the necessary documents and provide all the necessary details to avoid claim rejection when one needs it the most. As world events become more unpredictable, choosing a home insurance policy can keep everyone protected. Crossroads Insurance Brokers is a leading insurance broker in the UAE offering cutting-edge insurance solutions. Contact us for more details.

#property insurance #insurance broker in the UAE #home insurance #property insurance in UAE #personal insurance

[tactik-insurance-sc]

What are the Benefits Of Home Insurance?

Many people will always cherish the dream of owning a home. While buying a new home is an amazing experience, it requires that you spend your hard-earned cash. This significant investment is often accompanied by debt, so homebuyers are reliant on it. While buying a home is a safe investment, there could be additional costs in the event of damage. Home insurance can help you save your day if this happens.

You can protect your most valuable asset by purchasing home insurance. There are two options: coverage for your home or liability insurance. These insurance policies offer many benefits, including protection from natural disasters such as earthquakes and hurricanes, property damage due to fire or theft, and liability for third parties who file claims.

Tactik Insurance offers home insurance. We ensure that your home is protected in the event of damage or loss. Liability coverage can also be provided for accidents on your property.

For the best home insurance,

Contact Tactik Insurance At 8438152591 Now!

Benefits Of Home Insurance

Here are some benefits to having home insurance coverage

Protect Your Home

Protecting your home from any potential dangers is a priority. You never know what could happen. It might be a good idea to have insurance that covers at least 80% for the house's value. You have an insurance policy that covers at least 80% of the value of your house so you are covered in case something happens.

Protect Your Detached Structures

Detached structures are the second most important aspect of home insurance. These structures could include sheds, fences and garages. There are many other things that require solid insurance coverage. These objects would typically be covered by 10% for primary dwellings, but you can adjust the coverage as needed.

Insurance coverage for your home's contents

Have you ever felt instantly at home when you walked into a house? Because you are always in need of one, you know all the details. This is useless and of no value in a situation like a stormwater runoff flood. Before you do anything, make a list of the things that are considered "life" in your home. This includes appliances, furniture, electronics, and television sets. This will help you decide what type of policy is right for you. Your possessions are an extension and reflection of you. If tragedy strikes, help is available through house insurance.

Liability Protection

Liability insurance is necessary to provide protection and support for your family members. Your home insurance policy will cover you if someone injures your property or an object that was not intended is damaged. You will receive help for your own medical expenses and any injuries to other members of the household. Your homeowner's insurance doesn't cover visitors injuries or pet-related damages. You want to make sure you have enough protection.

Loss Of Use Insurance

You can easily imagine how much you'd spend on home repairs, no matter how small or large. You may have to leave while repairs are being done. Worse, what if you don't have insurance? To avoid having to spend more money in stressful situations, you should be covered for the loss of usage insurance. Every policy offers different benefits.

#commercial insurance #workers compensation #general liability #surety bonds #property insurance #business insurance #auto insurance #home insurance

[insuranceromeo]

What is homeowners insurance?

What is homeowners insurance, and what types of coverage does it provide? Home Insurance is a type of property insurance that provides coverage for damages to your home and its contents.

#Insurance Romeo #Home Insurance #Affordable Home Insurance #Insurance #House Insurance

[kdcreation]

5 Steps to Plan Short Term Financial Goals

I bet you also have a short term goal such as buying a vehicle or painting your house. So start Investing with us and get payouts while Investing!

#insurance #life insurance #insurance agent #insurance broker #health insurance #car insurance #home insurance #business insurance #insurance policy

[homeinsuranceclaims]

Home Insurance Claim Rejected

The importance of home insurance is something that many people are unaware of. With home insurance, you can protect your family from financial ruin. Home insurance is also important because it offers peace of mind and protection.

Also, home insurance is something that is important for people to have in their lives. Whether it is for their apartment, house or the contents inside their home, home insurance can help people feel more at ease and safer in the world. Not only does it protect you from financial losses, but it also helps you if you have to file a claim. With that being said, home insurance is an extremely important aspect of owning a home.

Rejected Home Insurance Claim

Insurance claims can be rejected for multiple reasons. They could be rejected because the claim wasn't filed within the correct time frame, it was filed in the  incorrect geographical area or the claim was filed after the policy had expired. There are also some cases where an insurance company might not provide coverage for certain types of damages. If your claim is rejected, you should contact your insurance company for a review, and if you are still not satisfied, you can file a complaint with your state insurance regulator.

What to do if a Home Insurance Claim is Rejected

Here are the things you can do if your home insurance claim is denied by the insurance company:

Know why your claim is denied

There are a few different things that could happen if your claim is rejected. It may be that something in your application was incorrect, or the insurance company have denied your claim because they do not insure the damage or repairs.

File an appeal

Some insurance companies will reject a claim for their mistake, for no apparent reason. If you feel that your claim was denied unjustly, you can appeal the decision and try to get a better decision.

Confer with a property insurance claims professional

If you have a home insurance claim that was rejected, you may want to consult with a professional insurance claims assessment company. You should not ignore and not let claims rejections hold you back from protecting you and your family. If you have a home insurance claim that was rejected, you should get an insurance claims assessment report to help you right away.

Project Plus Services is an insurance claims assessment professional, they believe in simplifying home insurance claims. They understand the importance of maintaining a sound and efficient property insurance claims process and are committed to finding faultless and cost effective solutions to any issues you may encounter. 

Project Plus have completed 50,000 + specialist reports and are leaders in the Insurance Claims Assessment in New South Wales, Victoria and Queensland.

File a formal complaint to your state’s insurance commissioner

If you are denied a claim or feel that your insurance company is acting in bad faith, you can file a formal complaint with your state’s insurance commissioner.  You can file a formal complaint for denial of benefits, bad faith behaviour, or discrimination. In order to file a formal complaint with the state insurance commissioner, you first need to contact the company. If you don’t hear back from them within 10 to 30 business days, you can file your complaint with the state insurance commissioner.

#Insurance #insurance claims #home insurance #homeownersinsurance #insuranceclaimrejected #insuranceclaimsassessment

[hourstormdotcom]

#home insurance #insurance #homeowner loans

[arcadiainsurancegroup]

5 Star: Karen C. "I got a great quote and great service! I have told my children to give you a call!!" https://t.co/6mXGpAG5me https://t.co/JKHGcFj4UN

5 Star: Karen C. "I got a great quote and great service! I have told my children to give you a call!!" https://t.co/6mXGpAG5me https://t.co/JKHGcFj4UN

— Arcadia Insurance Group (@AgencyArcadia) Jun 29, 2022

from Twitter https://twitter.com/AgencyArcadia June 29, 2022 at 08:03AM via IFTTT

#insurance #auto insurance #home insurance #boat insurance #condo #motorcycle insurance #r

[wack-ashimself]

No form of insurance should be highly profitable. Because if it's profitable, that means you're paying more money for them to do nothing (like Banks they take your money but don't actually generate any themselves) then they are paying out for insurance claims (their job). It's fucking immoral and unethical.

#insurance #health insurance #car insurance #profit #money #capitalism #home insurance

[kp777]

State Farm to stop offering home, property insurance to Californians - CBS Los Angeles

#climate change #state farm insurance #home insurance #property insurance #california

[txinsuranceresources]

Texas Insurance Resources

Texas Home and Auto Insurance Agent

Business Hours: Mon- Fri: 8 AM - 6 PM | Sat 10 AM - 2 PM

Contact Us: Texas Insurance Resources 3861 Long Prairie Rd, Flower Mound, TX 75028, United States Phone: [phone] Mail: [email protected] Website: https://txinsuranceresources.com

#home insurance

[insureloanpro]

Find the Cheapest Travel Insurance for Schengen Visa:

Introduction to Schengen Travel Insurance

Once in Europe traveling is full of excitement. But, it’s significant to be well-protected. Schengen travel insurance is not something that is suggested as an option, it is rather a mandatory requirement which is made compulsory for all Schengen visa applicants. Besides healthcare, it also protects passengers from such types of expenses as trip cancellations and other unforeseen contingencies. Let’s explore the Cheapest Travel Insurance for Schengen Visa in this article.

Understanding Cheapest Travel Insurance for Schengen Visa Requirements

In particular, the insurance policy that is compulsory when applying for the Schengen visa is vital when arranging your European trip. The policy should insure at least €30,000 for the medical expenses and the repatriation returning the insurance sum to the insurance company. It must provide you with pass-free access to all Schengen countries for the entire period of your stay.

The Importance of Travel Insurance for Schengen Visa Applicants

Securing travel insurance is not merely a tick off of the “to have” list, but a support that is there for the times when you need it the most. In this way, the provider is prevented from the situations of not going anywhere like emergency happenings, robbery, or the hurdles of the trip.

Selecting the Right and Cheapest Travel Insurance for Schengen Visa Plan

Deciding the best insurance plan may be a challenge but it’s important to forget about possible uncertainties during a trip. The following is an explanation of how to choose an insurance package that covers the essentials with a budget in mind and how to find Cheapest Travel Insurance for Schengen Visa.

#car insurance #home insurance #insurance

[pierceinsgroup]

#home insurance #homeowners insurance