Public adjusters will make their own assessments of damages to the home, the report of which you can then submit to your insurance company. While in theory, the public adjuster has the best intentions of the policy owner in mind, always be mindful if hiring one. A homeowner’s inexperience...
How Much Does Windstorm Insurance Cost? Windstorm insurance can cost approximately $2,000 per year in coastal or high-risk areas. However, the cost can vary depending on the size of the home, its location, and the insurer.5 The Bottom Line ...
Public insurance adjusters help policyholders negotiate fair insurance claims. To ensure your claim payout doesn’t fall short, consider creating a survey of your belongings, often called a home inventory. Get home insurance quotes in minutesAnswer a few questions to see custom quotes and find ...
Fraud can be committed by anyone, such as brokers, agents, claimants, lawyers, adjusters, builders and contractors, which brings us back to the roofers on my porch. Contractor and roofing scams Among the most prevalent types of home insurance fraud are roofing and contracting scams. ...
How much do you think a funeral costs? What would happen to your job if you were permanently injured? If you’re injured or hospitalized for a long period of time, how would you and your family be supported? After you get answers to those questions, you can explain how the life insura...
Negotiations with insurance adjusters can be intimidating, but maintaining composure is crucial. Be respectful and avoid being confrontational during discussions. Stick to the facts and avoid admitting fault or making statements that could be misconstrued as accepting liability. ...
Removing mortgage insurance premiums (MIP) from an FHA loan typically involves refinancing into a new type of loan. But that’s not necessarily the case for getting rid of PMI from a conventional mortgage. How much does PMI cost? PMI costs vary greatly, but they typically range between 0.5...
Traditional roof inspections require skilled insurance adjusters—a skill that’s increasingly hard to come by as baby boomers retire in droves, taking their knowledge and skills with them. In fact, the National Association of Mutual Insurance Companies (NAMIC) forecasts that 50% of thecurrent insur...
SCM Insurance’s disjointed network of legacy phone systems made it hard for their nationwide team to provide local support to clients in the wake of disasters. Their insurance adjusters were always out of the office and often had to give out their perso
Home builders, architects, assessors, insurance adjusters, real estate agents and appraisers, mortgage underwriters, and many other that measure square footage have different methods and practices for measuring residential square footage. If you’re buying a new home, chances are it was measured by ...