Flood insurance popped up on the national news feeds in late March of this year. The Biggert-Waters Flood Reform Act of 2012 (BW-12) went into effect in October of 2013 impacting home and business owners along coastal areas of the Gulf of Mexico and Atlantic Ocean, as well as in the Missouri River Basin (see http://50.87.248.161/~wiseinsu/flood-insurance-reform-act-of-2012/).
I received an email from a friend and client of mine a couple of weeks ago. She’s a single executive in her 40’s at a company in Dallas and she wanted to meet for coffee to discuss long term care insurance. Her email contained an amount of coverage she wants to have, so I gathered the information I needed to construct a quote to help guide our discussion.
Last week, I helped a family in Allen, Texas change their home and car insurance from the carrier they were with to one of the insurance companies we work with. The wife and I were reviewing what the new home insurance policy covered and she asked an excellent question: does the new policy cover the air conditioning unit? Instead of simply answering her question, I wanted to confirm what she meant by the policy covering the air conditioning unit. It turns out, she wanted to know if the home insurance policy will replace their A/C unit when it wears out.
My mom has discovered texting at 79 years of age. It’s very entertaining to read the text messages she sends. My mom feels like a technology power user because she discovered she doesn’t have to type text messages on her Android smart phone; she has speech to text capability. What’s entertaining is the spelling that comes through on her texts due to her thick Southern drawl.
On the afternoon of April 17, 2013 a fire broke out at the West Fertilizer Company in West, Texas, a town located a little more than an hour’s drive south of Dallas and Fort Worth on Interstate 35. The first responders to the fire included 10 members of the West Volunteer Fire Department, along with 2 other people who pitched in to help. At 7:50 that evening, an explosion rocked the West Fertilizer Company killing 15 people including the 12 people who responded to the fire and injuring about 200 people in town.
I received a call from a client last year. She’d been in an accident and like most people I’ve worked with, wanted to know what to do. I confirmed she was not physically hurt, we reviewed what had happened, provided her with her car insurance policy number and the phone number for claims, then outlined a plan on how to best proceed. She drives a Lexus RX series so she had the car delivered to the shop of her choice which she gets to do according to Texas state law.
I’m helping a number of people across the Dallas / Fort Worth area review and evaluate their home insurance. Rates across north Texas have sky rocketed over the last 2 years and each family is looking for ways to reduce their expenses without sacrificing coverage. Invariably, one of the things I’ve discussed with each family is which options they want their home policy to include. Here are the 5 options I recommend they keep or add to their home insurance policy.
Finding the right booster seat for your child when they’ve outgrown their car seat is a lot easier with the Insurance Institute for Highway Safety (IIHS) annual rankings. The IIHS began ranking car seats in 2008 because their research showed most booster seats weren’t doing a good job of consistently or correctly positioning safety belts for children 4 to 8 years old. An improperly fitted seat belt can injure a child in an accident.
I’m currently working with several Dallas area families on their home insurance. These families include three families who are wanting me to evaluate their current insurance and see if we can provide them with lower cost insurance options than they currently have. The other two are first time home buyers that were referred to me. They want me to find the right level of insurance for them, save them money, and educate them in the process.
On a day in September with a clear blue sky over New York City where most people were going about their day dropping kids off at school, getting to work, and tackling the tasks on their to do lists, our lives were forever changed. American Flight 11 and United’s Flight 175 crash into the twin towers roughly 14 minutes apart. 37 minutes later …
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