One Picture is Worth a THOU$AND DOLLAR$

Yes, I know a picture is worth a thousand words, but it could also be worth a thousand (or THOUSANDS OF) dollars!I can't tell you the number of times in my 30+ year career in the insurance business that I've listened to a distraught policyholder after a loss struggle to remember everything that was stolen or lost in a fire. Many times I'll get a call many months after the loss because the client

Insurance Claims Secrets - The INSIDE STORY

Insurance claims can be a first class PITA! With that in mind, this little bit of INSIDE INFORMATION is offered.EVERY CLAIM HAS:An Adjuster (human type)A File (either electronic or paper or both)A Supervisor (also the human type)The claim process looks like this (considering the three above items)The Adjuster mediates and calculates the value of the claim. (Why? Because that's what he's paid to

A Word About Deductibles...

Simply stated: A deductible is the amount that you pay toward a loss or claim before the insurance company begins to pay.The higher your deductible, the lower your premium.The more you are willing to participate in your loss, the greater the savings on your premium.The insurance company will offer your a lower premium if you take a higher deductible because your LOSS FREQUENCY and your LOSS