Personal Insurance Answers | Helping with Home Insurance, Auto Insurance, Health Insurance, And Personal Liability Questions

Replacement cost increases? In this market?

There is a battle being waged everyday in the offices of independent agencies across the country over what is commonly known as “inflation protection”. The idea is that a personal homeowners policy will increase the replacement value of a home year-over-year to keep up with perpetually rising costs. Then came 2007 – 2011 when if [...]

January 9, 2012 Home Owners 0 comments Read The Full Article…

Insuring a “For Sale” Home

A question came into the Personal Insurance Answers mailbox using the “contact us” form on the right-hand side of the page about insuring a recently built home. Dear Tremendously Talented Insurance Guy Dan: We’ve recently built a new home, we plan to sell it immedietly,we need insurance on it before we can get the key, [...]

September 26, 2011 Home Owners 0 comments Read The Full Article…

Insuring a Vacant Condo

A question came into the PersonalInsuranceAnswers inbox from Ramon regarding what to do with insuring a vacant condo. It’s a common situation that comes about when a family is forced to move out for one reason or another, or a family member passes away leaving the surviving relatives with the responsibility. There are a couple [...]

September 2, 2011 Home Owners 0 comments Read The Full Article…

Condo FAQ Update: Windows?

We had a question come into the site that asked to build on the topic of who is responsible for what in a condo situation. Here it is: “Whether a condo policy states repsonsiblility as dry wall in, studs in or even studs out, how are windows considered?” -Debbie Debbie, Great question. I’m not sure [...]

August 4, 2011 Home Owners 0 comments Read The Full Article…

If a tree falls on your house, is anyone here responsible?

The Chicago area was hit with a ferocious line of storms last week that packed winds upwards of 80 mph. It uprooted some trees and snapped many more in half. There are actually two issues I would like to discuss, 1) if it’s a neighbor’s tree that falls on your house, who’s insurance responds to [...]

June 27, 2011 Home Owners 0 comments Read The Full Article…

Every Parent’s Worst Nightmare: Teenage Drivers

A disturbing scenario has been posed in the Personal Insurance Answers.com mailbox that I thought we should address. In it I was told insureds have solved the problem and expense of having teen-aged drivers on their auto policy. They just don’t list them as drivers on the policy. Please give me about 400 words to describe [...]

May 16, 2011 Auto Insurance 0 comments Read The Full Article…

Mold. That’s it. Just Mold.

If you watch the news on television or have read a magazine or newspaper in the last three years you’ve probably heard about the dangers of mold. Typically the reports center around the growth of mold in people’s homes or offices. There is no argument that mold can be very dangerous and bad for your health, [...]

May 6, 2011 Home Owners 0 comments Read The Full Article…

How Do You Insure Vacant Homes?

A home is considered vacant when it has been unlived in and empty for more than 30 days. Unfortunately, for many people, having a vacant home is becoming more and more common. Insurance companies and agents are seeing more vacant homes than usual on the market in large part because of the economy and the housing [...]

April 15, 2011 Home Owners 1 comment Read The Full Article…

Condo Insurance FAQ

Across the broad spectrum of personal insurance policies and quotes you’ll find homeowners on one end and renters on the other. Somewhere in the middle is condo owners insurance. You’re responsible for more than just your contents, but for less than you would be if you owned a single family home. There are a lot [...]

April 5, 2011 Home Owners 0 comments Read The Full Article…

Travel Insurance

Travel insurance takes many forms and has many variations, so how do you know which one is right for you? Not to throw more questions at you than answers, but the answer is “it depends.” You need to ask yourself a couple of questions first…. What am I spending on the trip? Is any of [...]

March 18, 2011 Personal Liability 0 comments Read The Full Article…

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