How much condo insurance an owner needs is one of the more challenging questions I must answer when talking with someone who’s buying or owns a condo. Regardless of how the policy is written (see last week’s post, https://wiseinsurancegroup.com/two-ways-condo-insurance-can-written/), the amount of coverage must be sufficient to protect the finish out of the home and their personal property or contents. Let’s examine how to approach both areas.
Genetic testing has mushroomed over the past few years as the cost to have such a test has come down dramatically. For less than $100 you can find out where you come from, who you’re related to, and what your chances are of getting different diseases. One question most people aren’t asking is how will this impact your ability to get life insurance?
I have been working with a first-time condo buyer over the last week. As we reviewed the different condo insurance options available to her from all our carriers, I was reminded of the two different ways insurance companies approach insuring a condo. Let’s look at what condo insurance is designed to cover from a property standpoint and then address how different carriers approach it.
Tax season is here and that means scammers are working overtime to steal personal data from both individuals and businesses. This is a form of identity theft that can result in false returns, as well as, bogus loans and charges on credit accounts you didn’t open. Let’s look at some of the scams the IRS has seen so you know how to spot them!
As I write this, it appears the members of the Senate and House of Representatives have come to their senses and agreed to fund the federal government for at least 17 more days or until February 8. Who knows what will happen by then! Regardless of who’s at fault, I thought it would be interesting to look at how such a shutdown impacts individuals and insurance.
According to Ted Gramer, CEO of TrueMotion, a mobile telematics firm in Boston, the most seismic shift in car insurance since it began over 100 years and it’s occurring now. Gramer wrote an article on the 5 car insurance trends he sees either beginning or unfolding this year. The article was published by Insurance Journal and provides some interesting insight into changes many consumers will find interesting, refreshing, and possibly long overdue. I think his observations are worth sharing here.
Subscribe to my newsletter by filling the form below.
A confirmation email will be sent to your mailbox: please read the instructions to complete the subscription.
