Irrecoverable Property Loss? The IRS Could Be Your Friend. Even though we are big fans of insurance and its valuable place in your protection planning, we also understand this basic truth: No one wants to have a claim. Yet when that times comes, your agent knows your homeowners policy will have a chance to prove […]
Rainy Season is coming….so Flood Insurance
As winter winds down (fingers crossed!), Spring is on the horizon. And with Spring comes rain so now is a great time to prepare. Part of your preparation should include the consideration of flood insurance. In 2019, a great many of us endured a tremendous amount of rain and some significant flooding. It’s important for […]
Homeowners Insurance & Liability – How Much Do You Need?
Homeowners insurance covers your home and your possessions, but it also covers liability. Liability is the part of your homeowners insurance that protects you if someone gets hurt on your property. With anything that happens (dog bite*, broken arm from a fall from a trampoline, a cracked hip from a slip on a deck, etc.) […]
What is the 80% Rule for Homeowners Insurance?
The 80% rule refers to the fact that most insurance companies will not fully cover a claim for damage to your house due to the occurrence of an insured event (such as a fire or wind damage) unless you have purchased insurance coverage equal to at least 80% of you house’s total replacement value. In […]
Flood Insurance – Stuff You Need To Know
In our neck of the woods (western Arkansas) flooding is an all-too-real occurrence that affects many families and businesses. This past spring, the damage from floods in our community was astonishing. Some recovered better than others, and some will not recover at all. Before we make it back around to our next spring storm season, […]
Be Weather Aware
With the potential for severe weather always looming this time of year, we would like to share some basic information you can utilize for the safety of your family and business. Having an emergency procedure in place for home and office is a good starting point. Here is an example of an emergency plan for […]