February 23, 2012
AgencyReplacement Cost VS Market Value
Replacement cost vs. Market value – Home Insurance valuations My home is only worth $120,000. Why does my insurance company want me to insure it for $275,000? One of the biggest questions consumers have regarding homeowner’s insurance revolves around the amount of insurance to place on their dwelling (home). When purchasing a house, the mortgage […]
February 23, 2012
AgencyNew TWIA Endorsements on the Horizon
New TWIA Endorsements on the Horizon Lee Loftis, Governmental Affairs The Texas Department of Insurance has approved new endorsements for use by the Texas Windstorm Insurance Association on its dwelling policies. TWIA 220 (Automatic Adjusted Building Cost Endorsement) The new TWIA 220 will replace the old TWIA 200 and will be added to all new […]
February 26, 2012
AgencyRVs and Travel Trailers
At BOB HOWARD INSURANCE.COM we can insure more than just an RV with a Progressive RV policy — motor home insurance, travel trailer insurance and camper insurance are available, too. With a Progressive RV policy, you can protect whatever type of recreation vehicle you have so you can spend your time traveling — and enjoying it. What’s the Difference Between […]
February 28, 2012
AgencyHurricane Preparation
Hurricane Preparation On average about five hurricanes strike the United States every three years. Texas is a state that is at high risk for tropical storms so it is important to be prepared. Here are some thinks to consider for your plan. Flee or shelter in place? This is an important decision that effects the […]
March 3, 2012
AgencyWhat To Do If In An Accident
Steps to Take After an Accident If possible, move your car to avoid blocking traffic and to protect it from further damage. Call the police if somebody is injured or killed, if you can’t move your car, or if the accident involved a hit-and-run driver. Your uninsured motorist coverage pays for a hit-and-run accident only […]
March 3, 2012
AgencyFiling a Claim
Filing a Claim Texas law sets deadlines for insurance companies to act after you’ve filed a claim. Companies must: Respond within 15 days of the date it received your claim in writing. It will probably ask you to document your loss. Accept or reject your claim within 15 days after you submit any requested documentation […]
March 3, 2012
AgencySettling Your Claim
Settling the Claim The other driver’s insurance company may ask you to sign a release to settle your claim that says you will not file additional claims related to the same accident. Get a letter from your doctor estimating the cost and length of your future medical treatment to determine if your settlement is fair. […]
March 5, 2012
AgencyWINDSTORM
BUYER BEWARE Many know by now that the Homeowner Insurance market in Harris County is in trouble. Either you have a policy that has doubled or even tripled in price or you have lost valuable coverage since Hurricane Ike. This has affected most Captive agents (Allstate, State farm, Farmers) that have an office the Houston/Harris […]
March 7, 2012
AgencyJUST A FUNNY STORY (FOR SOME)
*Before you read this story I know that it has nothing to do with insurance except that medical insurance would pay. But if you are a hunter and ever been in a deer camp with a bunch of guys, you know that there is someone who might come up with an idea like this. You […]