Aggressive dog list is no more!
In case you haven’t heard, NY State has ruled that using an aggressive dog list for a homeowner and/or landlord is illegal now. They can still ask the question if any dogs in the property but not underwrite for an…
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Address: 8665 Sheridan Dr, Williamsville, NY 14221
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Phone: (716) 684-3203
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Email: tom@larseninsurance.com
Category Homeowners
Luxury Home Sub-Limits Explained here.
Consumers don’t realize there are sub-limits built into most “main street” homeowner policies. I did my best to explain it in a quick one-minute video here:
Rebuilding Your Upscale, Luxury Home in New York.
Many homeowners don’t realize that their insurance limit on their home just isn’t the figure in Coverage A. Coverage A id what is stated on your homeowner policy of what your home is covered for. Many “main street” insurance companies…
Luxury Homeowner Gaps of Coverage is often overlooked.
Why you may have inadequate home insurance coverage. Inside every homeowner policy is what is called “sub-limits” of coverage. Like jewelry for example, maybe $1,500 maximum per piece, $5,000 total coverage. Or could be $5,000 for sewer/water backup in your…
Is it common for home owners’ insurance rates to increase after filing a theft claim?
No. Rates are not like car insurance where they get surcharged for an accident. Insurance companies can either renew the homeowner policy or non-renew due to claims activity.
Does homeowner’s insurance cover a cracked foundation?
No. Earth movement and earth “settling” are not covered by homeowners insurance or any property insurance policy.
Homeowner’s Insurance Basics
Money Magazine recently published an article about homeowner’s insurance – which gives a good explanation of coverage’s. It is a good start, especially for new home buyer’s without a prior home insurance policy. While I don’t agree with their…
What does a home owner insurance policy cover?
What does a Home Owner Insurance Cover? Homeowners insurance pays to repair or replace your home or personal belongings when it is damaged or destroyed by a covered event. Your policy states the amount the company will pay and what…
Home Improvements That Increase Replacement Value.
Home Improvements That Increase Replacement Value. As an insurance agent, we often have to explain the difference between replacement value and market value. Sometimes we’ll get the comment “If I could sell my house for that I would”, here in…
Dogs add liability risks for homeowners.
This article is about how dogs add liability risks for homeowners. It is said that 68% of people own a dog and many people fail to realize a risk that dog can pose. Being the owner of a dog that…