The Triple-I Virtual Joint Industry Forum, "Virtually Together: Insuring Our Way Forward," is just around the corner on Thursday, January 28, 2021. We have three great sessions featuring industry-leading speakers you won’t want to miss.
Creating and updating an inventory of your personal possessions is one of the best ways to make the most of your homeowners or renters insurance, and makes filing a claim easier and more efficient. You can create a home inventory by writing down everything in a notebook, or you can use an app to make a record. No matter how you choose to do it, the important thing is to take action.
Understanding flood insurance take-up rates is essential to assessing and improving communities’ ability to rebound from damaging events. About 90 percent of natural disasters in the United States involve flooding, the NFIP says. Stanford study reinforces case for improved flood-risk mitigation
FREQUENCY- Number of times a loss occurs. One of the criteria used in calculating premium rates.
GAP INSURANCE- An automobile insurance option, available in some states, that covers the difference between a car’s actual cash value when it is stolen or wrecked and the amount the consumer owes the leasing or finance company. Mainly used for leased cars. (See Actual cash value )See Full Glossary
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