What are your insurance gaps?

The recent earthquakes in Southern California are a good reminder that a financial service should match your needs and goals. This comes under the GET READY! Principle that You should receive customized service appropriate to your needs and goals. Your potential financial needs should be reviewed for each type of financial product under consideration and take … Read more

Changing Climate equals increasing homeowner’s insurance premiums

Changes in the climate which have led to two consecutive severe wildfire seasons will make insurance companies even more cautious about writing in California’s higher risk areas. When insurance companies become more cautious, the result is that either insurance companies withdraw from the market or they increase premiums to reflect the higher risks and potential … Read more

Porch Pirates:

Over 26 million Americans (8%) have had a holiday package stolen from a front porch or doorstep. And this number is rising each year according to new research from insurancequotes.com. This has happened to us and it is incredibly frustrating.  Unfortunately, it is oftentimes due to the laziness of delivery services who don’t ring the … Read more

Wildfires and Insurance Update

Wildfires: With the wildfires now over, it is time for recovery. Here’s the latest insurance news: Technology Assistance: Due to evolving technology, insurance claims experts were able to monitor screens showing satellite images, photos from airplane flyovers and social media posts describing what was happening on the ground. According to Travelers, this allowed them to … Read more

Fires & Floods:

Fires & Floods: The last couple of years have brought many natural disasters including fires, hurricanes and floods.  According to scientists, it is likely that the increased frequency and severity are a result of global warming and most likely will continue. This is having an impact on the insurance industry and will have an impact … Read more

Hurricane Insurance Update:

While the impact of Hurricane Michael and Hurricane Florence will affect thousands of people for a long time, the impact on the insurance industry is manageable.  Residents and businesses in the Carolinas and Virginia hit by Hurricane Florence will be dealing with an estimated $1.5 billion in wind damage and $28.5 billion in flood damage.  … Read more

Website Resource: Optimal Insurance Deductible Calculator

On the tonysteuer.com website, you will find the Optimal Deductible Calculator which is designed to help you select the insurance deductible that provides the most value for you.  The Optimal Deductible Calculator can be used for any insurance policy that has a deductible including auto insurance, health insurance and homeowner’s insurance. The general rule is the … Read more

What you need to know about claims for hurricanes and wildfires

The devastating fires in California are the latest in a series of catastrophes that have destroyed homes and businesses. After you’ve suffered a loss, one of your first steps on the road to financial recovery is filing an insurance claim (assuming you have insurance coverage). It’s important to know your rights when filing a claim … Read more