by Kathleen Davis, CPCU, CIC, ARM, API | Jul 18, 2013 | Underwriting
If you said your policy provided replacement cost coverage for all your stuff, it might not stop conversation at a cocktail party, but it would give you a warm and fuzzy feeling. After all, it certainly sounds better than actual cash value (ACV). Let’s check a few...
by Kathleen Davis, CPCU, CIC, ARM, API | May 31, 2013 | Underwriting
Coverage B (Other Structures) is just “out there.” It’s semi-ignored like your annoying second cousin. Insureds assume everything is covered, and the HO3 policy throws some coverage at them and hopes it will all be OK. On this subject a little attention could go a...
by Kathleen Davis, CPCU, CIC, ARM, API | Apr 22, 2013 | Underwriting
. . . may or may not be just as sweet. I have to sometimes wonder if the people who write insurance policies are just trying to confuse us. I bet they’re sitting back and laughing, “Wait ‘til they try and figure out this one!” Well, today we’re going to figure out...
