With some insurance commercials calling a backyard shed a “she shed” in insurance terms it is an “other structure”. So that she shed is covered by 10% of what the building is covered for in 99% of the insurance policies. So if your house or rental property is covered for $200,000, then you have $20,000 […]
Garage Coverage or She Shed Coverage
Underground Utility or Service Line Coverage Available
Most consumers still don’t know there is an endorsement to a homeowner policy called – Underground Utility or Service Line Coverage. Since some of the national insurance companies don not offer this yet, it isn’t widely known homeowner coverage available. For $20 (some companies it’s $25), a homeowner get’s $10,000 to repair water lines that may […]
Comprehensive Loss Underwriting Exchange (C.L.U.E. Report).
Comprehensive Loss Underwriting Exchange (C.L.U.E. Report). Most insurance consumers probably don’t even realize that all insurance companies actually talk to each other! This is actually done through a Comprehensive Loss Underwriting Exchange (C.L.U.E. Report). This reporting agency is where all claims filed against you reside, so any potential new insurance company can find a claim history […]
Why I Fired 2 Insurance Companies.
I wrote an article over on LinkedIn about why I fired 2 insurance companies. You can find it here: https://www.linkedin.com/pulse/why-i-fired-2-insurance-companies-tom-larsen?trk=mp-author-card The net result of why you buy any insurance policy, is to have your claim handled in a professional and proper manner. When insurance companies don’t do the proper things in a claim, that causes get […]
