Picture this: A fierce Texas thunderstorm rolls in, hail pounding your roof and your parked car like it’s target practice. Are you covered, or out of pocket? As a homeowner juggling family life and daily drives in the Lone Star…
Commercial property insurance pays to repair or replace your building and business property damaged by a fire, storm, or other event covered by the policy. It can also pay some of your lost income if your business is unable to…
It happened in Florida following devastating hurricanes ravaged their state. The same in Louisiana following the unthinkable damage left in the wake of Hurricane Ida. Again, it would take place in California following wildfires. Now, in 2023, insurance companies pulling…
The Texas Supreme Court has firmly ruled that contractors cannot act as public adjusters on insurance claims or advertise themselves as insurance claims negotiators without holding an adjuster’s license. This decision overturns a prior Texas appeals court ruling and upholds…
If you disagree with the adjuster’s final claim estimate, tell the company why. The company may have overlooked something and may make adjustments. Make sure to send any supporting documentation, such as a contractor’s estimate for the repairs. If you…
The cost of homeowners insurance can fluctuate over time due to a variety of reasons. Some of the key factors that can drive up the cost include: Natural Disasters and Extreme Weather Events: An increase in the frequency or severity…
The Texas Department of Insurance (TDI) serves as the primary regulator for the insurance industry in the state of Texas. Its primary mission is to protect insurance consumers by ensuring that the insurance industry operates fairly and efficiently. Here’s a…
More than 100 insurance companies are suing the Texas power grid operator and dozens of power generators, over losses and property damage sustained during the winter storm last February. The lawsuit, filed in Travis County District Court, said the Electric…
Home insurance claims can be a bit daunting if you’ve never navigated the process before. Here’s a comprehensive overview: 1. Understand Your Policy: Before you can file a claim, it’s essential to understand what your policy covers. Most standard homeowners…
“Hazard insurance” refers to insurance coverage that protects property owners against damage caused by natural disasters, such as storms, fires, earthquakes, and floods. The term “hazard” in this context represents anything that can cause damage to a property. The term…