Blog Posts in November, 2020

• Posted By Dick Law Firm 30-Nov-2020

  What is homeowner's insurance?

  House insurance Homeowners insurance is a form of policy that pays out if your home or home is destroyed by accident, like a fire, or other natural disasters. It also provides personal liability coverage, which protects you if you are sued for severe ...

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• Posted By Dick Law Firm 30-Nov-2020

  What is Homeowners Associations HOA coverage

  Homeowners Associations HOA coverage may also be complicated, and many factors can trigger premium increases. Let's look at the context and the elements involved in coverage and rate development. An HOA is a private residential subdivision ...

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• Posted By Dick Law Firm 29-Nov-2020

  Restaurant insurance questions

  Restaurant Insurance Let's say you're a restaurateur and you're having a horrible week; first your chef cut himself in preparation, then your refrigerator died, and all the cold-stored food was ruined. Then one of your delivery kids gets ...

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• Posted By Dick Law Firm 28-Nov-2020

  Liability insurance for sales reps

  Sales reps responsibility Sales representative insurance is general liability insurance. If a salesperson (or the insurance agent) flies to meet customers or prospects, he's at risk. General liability insurance or general commercial liability ...

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• Posted By Dick Law Firm 27-Nov-2020

  How to Make a Home Insurance Claim?

  For too long, customers trusted a qualified insurance company representative to "adjust" their claims. And insurance claim information has mostly come from one source, the insurance adjuster. Don't forget you have the right to hire an ...

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• Posted By Dick Law Firm 27-Nov-2020

  What liability does a contractor have?

  Contractors' responsibility. Do you, Mr. Contractor, have enough coverage to defend yourself during a claim? We know you're doing outstanding work, so you'll never suffer an argument. Fake!! Statistically inaccurate. Someone won't ...

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• Posted By Dick Law Firm 26-Nov-2020

  What is garage keepers insurance?

  Garage Liability Auto repair shops and auto body shops both have a particular care situation. They need a general liability policy and coverage if a car in their account is damaged or stolen. They must also drive vehicles from one area to another and ...

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• Posted By Dick Law Firm 25-Nov-2020

  What is commercial vehicle insurance?

  Commercial vehicle insurance Why do we want car insurance anyhow? Why can't we individually guarantee trucks? Let's answer the issue. There are two fundamental ways to have a business vehicle depending on actual use, vehicle model, and ...

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• Posted By Dick Law Firm 24-Nov-2020

  What is flood insurance?

  Flood coverage Interestingly, insurance coverage for a personal and industrial property would not cover rising water and earth movement. If you're in a heavy rainstorm, the damage doesn't come from wind-driven rain but rising water. ...

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• Posted By Dick Law Firm 24-Nov-2020

  What are the different types of dwelling insurance?

  Houses and Insurance: Various Styles Dwelling policies aim to protect the dwellings of all kinds. They usually include property coverage and liability coverage, but the risks they protect against are written differently. They have different names. ...

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• Posted By Dick Law Firm 24-Nov-2020

  Helpful tips to deal with insurance claims

  Tactical processes and measures to settle claims Nobody wants to go to court to decide on insurance coverage. This is demonstrated by the tiny fraction of insurance cases litigated to final judgment. Insureds don't want to go to court because of ...

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• Posted By Dick Law Firm 23-Nov-2020

  Technology and insurance

  Several innovations are getting plenty of hype to disrupt the insurance industry. We've seen this before: designs like telematics were considered groundbreaking fifteen years ago. We have yet to see it thoroughly disrupt the car insurance market, ...

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• Posted By Dick Law Firm 22-Nov-2020

  What Makes Insurance Expensive?

  Consumers beware Theoretically, it is because insurance companies are paying consumers losses. Unfortunately, that isn't always the case. As discussed here, some extra costs often push up insurance rates. Rarely are these expenditures required ...

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• Posted By Dick Law Firm 21-Nov-2020

  How Do Insurance Companies Waste Money?

  How insurance providers waste premiums Let's explore further some relevant cost drivers for P&C insurance: Loss-adjustment expenses (compensation process), Advertising and publicity costs, Commissions of agents and brokers, Maintenance of ...

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• Posted By Dick Law Firm 20-Nov-2020

  What are the economics of insurance?

  Economics of Insurance 101 Let's face it from a customer viewpoint, property and casualty insurance coverage are costly relative to benefits received. Just 6.1 percent of car owners filed a lawsuit, and 5.3 percent of homeowners filed a claim in ...

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• Posted By Dick Law Firm 19-Nov-2020

  HCDE Lays Framework to Reimburse Teachers for School Suppliers

  At the November 18, 2020 board meeting, the Harris County Department of Education began to lay the framework in starting a program to reimburse Harris County public school teachers for money they spend buying their student's school supplies. With ...

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• Posted By Dick Law Firm 19-Nov-2020

  What are the Fatal Flaws of Property Insurance?

  The insurance industry is ripe for takeover P&C insurance has grown over the past 300 years to today's (but may not love) incarnation. - phase along the path added meaningfully to the insurance industry. Without the significant technological ...

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• Posted By Dick Law Firm 18-Nov-2020

  What are the Basics of a Home Insurance Policy

  Fundamental Concepts Anyone with a financial interest in the property should have a homeowner's policy. If the insurance provider refuses this coverage, the parcel may be covered by a dwelling policy. No matter how many people own the property, ...

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• Posted By Dick Law Firm 17-Nov-2020

  How Do I Get Best Insurance Deal

  Getting the best "deal" insurance is frustrating even to those who make it their hobby. What will insurance customers do to get the best product at the best price? Using a good consultant is invaluable to help you wade through insurance ...

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• Posted By Dick Law Firm 16-Nov-2020

  How to Calculate Home Insurance Loss

  Calculating property damage payment for homeowners seems very necessary – on the surface. But there are several moving parts to consider before arriving at the final payment number. Exhibit 12.1 is an effort to walk through the ...

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• Posted By Dick Law Firm 15-Nov-2020

  What are the Different Types of Insurance Organizations?

  Stock and Mutual Companies Now that we've usually spoken about the insurance policy, we want to look more closely at the companies that grant these contracts. Several types of insurance firms represent various ways companies raise capital to ...

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• Posted By Dick Law Firm 14-Nov-2020

  Standard Fire Insurance Policy

  History Fire insurance has over two hundred years of American history. Some buildings in Philadelphia still display the early fire marks of Benjamin Franklin's era. Early subscribers would pay fire-fighting firms in advance; they would receive a ...

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• Posted By Dick Law Firm 13-Nov-2020

  Home Insurance Tips

  Their duties An insurance policy is a legal arrangement. It's written so that the insurance company's rights and obligations are clearly defined. You should read and understand your policy. If you have any concerns, contact your insurance ...

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• Posted By Dick Law Firm 12-Nov-2020

  Why does Valorie Swanson want to raise your taxes?

  Breaking stuff isn't conservative. State Representative Valorie Swanson recently introduced a bill to abolish Education Department Harris County. Senator Paul Bettencourt is also expected to file one. What about saving money for school districts, ...

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• Posted By Dick Law Firm 12-Nov-2020

  Consumer Strategy

  Overview Although most executives can recite the truism that a business has to develop a distinct competitive edge to expand and remain sustainable over the long term, many have just the worst understanding of what that means. They are confused by ...

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