• Insurance Perils

    If you have ever read the insurance policy for your home or rental property, you probably ran head-first into the terms "hazard," "peril," or "cause of loss." These are events that are covered by your insurance. This three-part article explains these terms.

  • Identity Theft

    ID theft is a form of fraud that has been around for as long as there have been dishonest people. It is a high-profile problem because technology has created many more opportunities for this crime. Credit cards, funds transfer cards; ATMs, debit cards, smart cards, wireless payments, slipshod business practices and the Internet have all combined to make identity theft a major problem for individuals and businesses.

  • Credit Based Scoring And Insurance

    Insurance companies use different sources of information about a person that supplements an application. For auto coverage, motor vehicle reports are ordered. For home coverage, physical inspections may be needed. Another tool that is widely used for underwriting is credit-based scoring. While once controversial, this method has gained public acceptance. Its origin lies in the commercial use of credit histories.

  • Insurance, War and Terrorism

    Terrorism and military activity continues to be a major concern to us all; even affecting the, normally, mundane world of insurance. It would be natural for you to wonder about items such as:

    • How do the events affect my insurance protection?
    • Are war and terrorist acts the same?
    • Exactly what is excluded by my policies?
    • Do I have to buy special coverage to protect my belongings?

    It is understandable to be concerned and confused over the above issues, especially since everyone is being inundated with news and advice.

  • Did I Notify My Insurer?

    An insurance policy is a promise to protect you against certain types of loss, but it can't follow-through unless it knows about a loss. Prompt notification is so important that it is a formal policy requirement. A policyholder that fails to meet this obligation could result in a claim being denied.

    A policy typically requires you to do the following: