How Invoking an Appraisal Clause Can Maximize Your Insurance Claim

Invoking an Appraisal Clause

When purchasing or renewing a homeowner’s insurance policy, your credit score plays an important role in your premium costs, and even in the ability to buy an insurance policy. Most insurance carriers use a credit-based insurance score to calculate your premium payment. Here is what you should know about how insurance companies use your credit score and how you can improve it.

When you suffer minor damage to your home or business, you can probably handle the insurance claim process on your own. However, when your damage is substantial, you'll probably find it pays to have a public adjuster on your side.

At just a month into Fall, some Wisconsinites already shoveled snow, many are past the first frost, and most are firing up their heaters to offset the falling temperatures.

It’s that time of year when scores of Northerners plan to escape winter’s icy grip for a winter vacation. If that applies to you, making sure your home is properly prepared and secured before you head south could prevent a catastrophe. Follow these winter home safeguarding tips to help avoid a costly insurance claim.

According to Insurance Services Office (ISO), water damage claims are the second most frequent insurance claims after wind and hail damage. Most water damage claims this time of year are caused by frozen pipe bursts, and this year’s winter has been especially brutal, affecting areas as far south as Texas and Florida.

What is the leading cause of house fires in the United States? According to the National Fire Protection Association (NFPA) statistics compiled from 2011-2015, a whopping 43 percent of the nearly 360,000 house fires responded to by U.S. fire departments were caused by cooking equipment, followed by heating systems/furnace, 15 percent; electrical systems and lighting equipment, 9 percent; arson, 8 percent; and smoking materials, 5 percent. Other fire causes included unattended candles, dryers and washing machines, lightning, children playing with fire, Christmas tree lighting, and faulty fireplaces.

There are many expenses that come with buying a home. One of the most important is homeowners insurance. While it’s natural to wonder whether this expense is necessary, there are many reasons why it is a crucial protection for any homeowner. Here are a few important things buyers should remember about homeowners insurance:

Here is a scenario that occurs more often than you might think.

If you’re a property manager, real estate developer, attorney or commercial property owner, dealing with a rental property fire claim can be overwhelming. So can navigating the claims process with your insurance company. But knowing what to do in that process and when will surely help ease some stress. Here are some of the things you need to address as a landlord when there is a rental property fire claim.