Imagine the dismay that ensues when building owners realize that there are laws in place which may require partial reconstruction or renovation without any help from their insurance company. However, the dismay can transform to delight if their insurance professional informs them that they previously purchased the Ordinance or Law coverage endorsement on their insurance policy.
Florida is referred to as the Sunshine State, but don’t let the term fool you. As any Floridian knows, our state has more than its fair share of adverse weather conditions. Whether rain, wind gusts, and even hail, Florida homes can take a beating and the majority of that beating falls squarely on roof of our homes. For this reason, homeowner’s insurance companies put a great deal of scrutiny on roof conditions before insuring a home. Insurance companies acquire and analyze a large amount of detailed data regarding how long roofs last and what the most common causes of damage are. Unfortunately, the results aren’t exactly cut & dry. While cause and age may be isolated, the rating basis for homeowner’s insurance carriers is commonly dictated by the type of roofs and how effective they have been in the past.
Insurance agents commonly get asked about the difference between General Liability and Professional Liability. While both insurance policy types are designed to protect businesses from liability arising out of fault, general and professional liability are very different in the types of risks that they cover.
Damage to homes from water leaking or busting pipes is one of the most common types of insurance claims, which speaks volumes as to why it is important to make sure your policy contains proper coverage for this type of incident. Many homeowners’ carriers are now limiting water damage coverage or entirely removing it from their policies when the age of the insured home reaches 40 years. This method of reducing coverage often catches policyholders off guard.
Cyber Liability Insurance: Why Your Business Needs It According to AI To demonstrate the power of technology, this entire blog was written by Artificial Intelligence. Thats right, not a single word was typed by a Moore Resources Staffer, or a human for that matter. If AI can write…
Go Brian Go! We are extremely excited to announce the partnership between Moore Resources Insurance and Brian Battie. Brian Battie is an accomplished Running Back at the University of South Florida. Last year Brian was named a 2021 NCAA Consensus All-American. After his impressive freshman year, among all…
A Sneak Peek into Our Annuity Products In a volatile economic environment, fixed annuities are a great way to protect your income while still growing your wealth. We wanted to highlight two of the Annuity Products that we offer through one of our carriers, Auto-Owners Insurance. Discount: With…
Inside Our Remarketing Department At Moore Resources, we pride ourselves on our commitment to exceptional customer service. Most insurance agencies do not have remarketing departments, as it isn't viewed as a revenue generator for them. It is especially rare at local, Family-Owned Agencies. However, at Moore Resources we…
