When was the last time you pulled our your insurance policies, dusted them off, and read cover to cover? If you are like most consumers the answer is probably never and that means it is time to spring clean your insurance policies. Insurance, whether for your personal or business needs, is never meant to be… Read more »
Insurance Myths and Legends
There are many insurance myths and legends that we come across when talking to customers. Some of them are downright funny while others are nonsensical. The myths that scare us the most, however, are those that mislead consumers about insurance coverage. Here are some of the insurance myths and legends we have heard over the years and… Read more »
Thinking about Flood Insurance this monsoon season?
Monsoon season is upon us and that means parts of Las Vegas will surely see some flash flooding. And, of course, it also means we are going start harping about flood insurance like we do every year. We think this is an important topic even in the Mojave Desert. It is important you… Read more »
Does Auto Insurance Cover Flood Damage?
We’ve had a wild monsoon season in Las Vegas this year. September 11th was another record setting day with over 1.18 falling in a short time and some parts of the valley receiving over 2 inches! As always, that kind of heavy downpour creates causing flooding on our streets and, inevitably, motorists drive sustain damage to their vehicles from… Read more »
Why You Should Read Your Insurance Policy
An insurance policy is nothing more than a contract between you, the policyholder, and the insurance company. Because the insurer develops the policy verbiage and structure, insurance contracts are considered “contracts of adhesion“. This means the policyholder has almost no ability to modify the language of the contract. It does not mean, however, that you should… Read more »
Flood Insurance in the Nevada Desert?
With less than 5 inches of rain annually, Las Vegas is certainly among the drier parts of this country. Despite our lack of abundant water, we do experience occasional dramatic flooding. Anyone living in Southern Nevada in 2003 remembers well the …
The Nevada Insurance Commissioner: A Consumer Friendly Watchdog
Overall, most consumers are satisfied with their choice in insurance companies. Studies by JD Power and other organizations (including the insurance companies themselves) show that about 94% of customers are happy with the outcome of a claim. The insurance industry is very sensitive to public perception and works diligently to provide a positive claim and… Read more »
Nevada Earthquake Insurance
The recent earthquakes in Colorado and Virginia were an eye-opener for many of our customers. We have had several calls from concerned policyholders wondering about the possibility of an earthquake in the Las Vegas area. We don’t normally associate earthquakes with Las Vegas, but you should know that most of Nevada, including Clark County, is considered… Read more »
Contractual Liability – A Love/Hate Story
If, in the course of business operations, you have signed a lease or subcontract agreement, then contractual liability is a part of your life, whether you realize it or not. Contractual liability, simply put, is the obligations or liability you assume by agreeing to the terms of a contract. To illustrate, let’s look at very… Read more »
The National Flood Insurance Program
The recent flooding along the usually tame Virgin River was an awesome display of the power and unpredictability of moving water. Several towns in Southern Utah, Nevada, and the Arizona Strip were evacuated and video footage of homes being washed away made the national news. As I watched the news footage, I could not help but think about… Read more »