The End of 'Comprehensive' Automobile Coverage

The End of 'Comprehensive' Automobile Coverage

Most insurers no longer offer 'Comprehensive' automobile coverage, the age-old sidekick of 'Collision' coverage. Now, you have the option of 'Collision' coverage and 'Other-Than-Collision' coverage. What's changed and why did it change?

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What is Inland Marine Insurance?

What is Inland Marine Insurance?

There are a lot of funny names for insurance, and this is certainly at the top of the list. This article will answer questions such as ‘what is Inland Marine insurance?’, ‘when do I need Inland Marine insurance?’, ‘what is the most common type of Inland Marine coverage?’, and ‘where is property covered with Inland Marine insurance?’

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Water Damage

Water Damage

Water damage is almost always excluded from personal and commercial policies. While water damage caused by flood or other outside-water can be covered by a Federal Flood policy, there are endorsements that can cover water damage that originates from inside the building. These types of water damage are commonly defined in four ways.

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IRMI Tip of the Month: Protect Yourself from Identity Theft

IRMI Tip of the Month: Protect Yourself from Identity Theft

The Federal Trade Commission has seen increasing amounts of identity theft in the past few years. When someone's identity is stolen, it takes a lot of time and money to fix the damage. This article describes some strategies to keep your identity safe and mitigate losses if identity theft were to occur.

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Choosing a Contractor

Choosing a Contractor

When large home repairs need to be done, the search for a contractor begins! Some people are lucky enough to have the expertise to do it themselves, or they might have a close friend or family member that does good work, but others have never had to hire a contractor before. This article will discuss strategies to increase your odds of picking a good contractor.

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The Dangers of Certificates of Insurance

The Dangers of Certificates of Insurance

A standard practice is to request Certificates of Insurance from contractors. While this is a good start to risk management, did you know that the Certificate is only valid for the day it was issued? Did you know that the Certificate has no legal bearing on the insurance coverage?

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