INSURANCE BLOG

Is my home insured for damage that may result from flooding caused by a hurricane or other storm? — Not necessarily. Generally, coverage provided by a standard homeowners policy does not include damage caused by flooding or mudslides. It is important to note this type of damage could be extremely…

Professional car thieves can break into a car and drive away in less than two minutes. This occurs every 40.9 seconds somewhere in the U.S. Auto theft costs Americans nearly $6 billion annually; and approximately 237.4 per 100,000 registered motorists will be a victim of auto theft in the course of…

5 Things Homeowners Need to Know to Prepare for 2020’s Flood Season — Flood season is upon us. According to the National Oceanic and Atmospheric Administration, this flood season promises to be a wet one, with 23 states likely to face moderate to major flooding. — Although experts do not anticipate…

On June 3, the U.S. Senate passed H.R. 7010, the Paycheck Protection Program Flexibility Act, by unanimous consent. The bill extends the window for businesses to be able to spend the funds loaned under the program. The House passed this bill on May 28th, and the president is expected to sign it…

Hurricanes are graded by the Saffir-Simpson Hurricane Scale as follows: — Tropical storm—winds 39-73 mph — Category 1 hurricane—winds 74-95 mph (64-82 kt) No real damage to buildings. Damage to un-anchored mobile homes. Some damage to poorly constructed signs. Some coastal flooding and minor pier…