Saturday, May 21, 2011

Insurance, Those Tricky bastards

Well I have the pleasure to know some one who works for an insurance institute that will remain nameless. I primarly deal in the realm of Home Owners insurance, but there are some things that people do not know about standard Home Owners, Condo, and Renters policies. The basic contract has a covered set of perils (damages) they are usually Wind, Hail, Aircraft, Riot, Vehicle, Electrical, Smoke, Vandalism, Theft, Fire. There are some basic coverages that are not covered under a standard policy, those would be Earthquake, ID theft, Flood, Water Sewer Back-up in the home, and also about $1,500 maximum payout for the "THEFT" of jewelry. These things need to be purchased at additional costs.

keep an eye out and read your contracts people...!!!

9 comments:

  1. everyone is looking to screw the average person, need to read everything these days and assume everyone is a liar and a bastard.

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  2. It doesn't surprise me really. I guess that's just how it goes. Insurance companies are just like any other company.... their goal is to make money.

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  3. Make money, no matter what

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  4. Insurance is business, not your friend.. good read

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  5. It's too bad that business these days is so skewed towards the business, not the consumer.

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  6. its a tough world... sadly most people only care for themselves and dont care if they screw someone over..

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  7. yeah...it's all about the contract...make sure you know what you buy before you take out your wallet

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