Business Interruption Claims – Get Help From An Insurance Loss Assessor

If your place of business or the stock contained therein are damaged or destroyed by a catastrophic event like fire or flood it is going to have an incredible knock on effect on the running of your business. You may not have any stock to sell or anywhere to trade from – not only will this time be emotionally draining but you may lose your livelihood in the process. You can lose a lot of money (loss of profit) following a major disaster like this and while you may have had decent insurance cover you may be surprised to know that this may not cover you sufficiently.

You would assume that the cover you take will ensure that you have enough financial compensation to cover your losses (both physical and lost profit) but you must remember that the insurance company is a business in its own right, making money is top priority for them as well. Your insurance company will appoint a loss adjuster to your case and it will be their job to investigate the claim thoroughly and ensure that you have no liability in the case. They will interview you, your colleagues, the police, fire department and potential witnesses in order for the insurance company to pay out as little as possible. If you factor into this the fact that insurance company will expect you to deal with your side of the claim yourself and you will begin to see how the balance of success seems to edge towards the insurance company.

So how do you combat this issue?

You employ the specialist knowledge and expertise of an insurance loss assessor. Often insurance loss assessors and loss adjusters are mentioned in the same breath – leading to the common misconception that they are one and the same. Knowing the difference could be the saving grace for your company in relation to ant business interruption insurance claims they have to make.

An insurance loss assessor will be employed by your company and will represent your company in their fire insurance claim, flood insurance claim or any other business interruption insurance claim. They will carry out similar investigations to the loss adjuster and will work towards getting you the appropriate financial settlement in your claim. The insurance loss assessor will deal with all the paperwork surrounding the claim, negotiate on your behalf with the insurance company and even, in some cases, sort out the relevant contractors for getting your business premises back up and working.

When you have invested time and money into building your business up its worth investing a little to ensure its survival following a disaster.

How can act of DUI affect your car insurance?

Car insurance dui is something which one or the other person should know at one or the other point of time in life. We know that DUI is not less than any criminal offense. All states have laws that different criminal actions can cancel the Car Insurance of a person. So before the purchasing car insurance makes sure that you are well aware of the points that can lead to confiscation of the car insurance. Car Insurance Dui is also known as DUI insurance. DUI is a felony and a very serious law breaking act. The act of Dui can surely affect your car insurance. Therefore Dui awareness programs should be held in all the states in order to spread alertness in each and every corner of the states. Conviction of DUI is said to be imposed on an individual whenever he or she is caught hold of driving an auto mobile or vehicle. Dui is the acronymic form of Driving under the Influence of intoxicated drugs.

The conviction of Dui is also applicable to those individuals who are caught drunk driving a vehicle. The act of Dui is majorly found in the teen agers because at the age of being a teen the individuals or the adolescent are not in the senses to decide what is right or wrong for them. Especially after the age of 18 they think they are grown mature enough to do whatever they want and they tend to misuse their freedom by doing rush driving or drunk driving. Rush driving is although not a crime but the act of drunk driving can seriously lead to the confiscation of car insurance Dui along with the driving license of the amateur car or auto mobile driver. If the insurance company comes to know about your act of Dui then it can straight away cancel your car insurance policy.

Insurance Premium Saving Guide for Home Owners

I am pretty sure, unless you are an agent of Homeowners Insurance New York, you will turn a deaf ear to most of the happenings of this industry around you. You may not have time to re-think and analyze on insurance premium to its root and break your head in the midst of your daily activities. But the fact is, you should pay some attention, because you are paying too much premium which is of course your burden for future.

Then why do not you take it seriously and invest your kind thoughts in to it as a matter of saving your hard earned money. We can have a quick run through the scope of improvement. Here they are as follows:

Increase your deductibles:

As you raise your deductible, your monthly insurance premium will get reduced enabling you to save a significant portion at the end of the year. But if any large scale mishap happens to your home then you might end up paying from your pocket. But this is widely accepted calculated risk which is worth of taking corresponding to normal course of life.

Go for Safety Deductions:

Set up fire extinguishers, smoke alarms or security systems in your home to reduce insurance cost. If you live close to fire station or a fire hydrant then your Basic Homeowners Insurance premiums can levied up to certain amount.

Choose Joint offer:

Identify multiple policies and enjoy significant discounts from the insurer. You can bundle car insurance, life insurance with the home insurance as well and get maximum coverage from a single insurance companies.

Maintain properly:

If your property is not managed well some insurance companies may cancel your policy or will reject renewal of it.

Disasters proof your home:

If you build up your home minding enough arrangements against natural disaster, then some insurers would provide you discounts on premiums. Focus on stronger roofing, update on electrical system and make necessary changes to your plumbing system. Thus saving is possible.

Pay Online:

When you are using check facilities, some companies may charge a fee for this. Payment through checking account or credit card would help you to save that extra bite.

NII BROKERAGE provides every type of home insurance services in New York. Check out Homeowners Insurance Syracuse and request for your home insurance quotes.

DUI Car Insurance – Necessity of Life

The next big thing near to car insurance in California nowadays is DUI or Driving Under the Influence of alcohol. You had a hangout with your friends late in the night and is full of alcohol. You are riding yourself back to your place in your new limo and suddenly a speeding truck comes your way. Some things do not come your way by information; they may be sudden and occur accidentally. For this fact it is very important for you to safeguard your car with suitable car insurance.

A DUI is a very significant conviction which may end up with time consuming experiences. Thus people who have already experienced such a conviction should look forward for a DUI car insurance. Getting a DUI car insurance is very easy but there are some hindrances which you need to overcome. The very first reason is that you should not have any criminal records because such records make it harder for the approval of the insurance. Your driving records are taken into consideration while applying for the policy. Some companies find it very difficult with the driving records if they are not clear enough. It may put them into the risk of repeated accident events and thus increase the premium rates. Some may even cancel and drop your application.

Thus it will be more safe and good for you if the insurance rates are low. For such an achievement you need to keep your driving records as clean as possible and not involve in any criminal activities like speeding tickets. If you have a plan out with your friends and get into a drinking then it is better for you to get an assigned driver to drive you back safely to your house. It is always better to get DUI car insurance before getting involved in such drunk – driving offense. The companies will also charge you less. Take the help of insurance experts for a proper guide about the policy and also about the legal situations.

You must always need your own car to go to work, shopping or to the doctor’s place. It is an essential commodity to us now and thus it gets mandatory to get DUI car insurance before getting tangled in some legal situations. You get to pay a lower insurance rate and also it gets approved easily. Get the quotes of different companies over the internet and get hold of the best one today. This reminds me of the quote: Prevention is better than Cure.

Necessity of Travel Insurance

It's been long that I have not covered any topic on insurance. So I thought of sharing few tips on necessity of travel insurance. In general we all like to travel and explore new places. You can also see that nowadays tourism industry is growing very fast and all over the world.

Travel insurance is mainly beneficial when you are traveling abroad. As we all know, there are a number of undesirable circumstances that could arise prior or during the trip. Even if you have regular insurance covered for you, check whether it is applicable in foreign countries, since most of them do not provide such cover.

There are a number of criteria that you have to keep in mind so that you choose the appropriate travel insurance for the trip. Here is a very good step by step guidance on how to choose one.

Do you need Auto Insurance?

The answer is definitely YES. If you want to drive, you must have auto insurance cover for your own financial protection. Purchasing a car is one of the biggest investments in our life. As your home insurance provides protection from natural or unwanted calamities, similarly auto insurance will protect you against the financial loss that you may face due to accidents or any other devastating surprises.


Auto insurance is basically a smart financial planning. It's a safeguard to the investment you have made in buying a car. You may think that you are an excellent driver and will never face an accident, so what's the need? But remember you don't know how many bad drivers are out there on the road. So there always remain some possibilities of accidents while driving. It's always wise to be on the safe side.

Also, in almost every state, there exists a law which requires a driver to carry a certain amount of insurance. This is done to check that you have sufficient money to pay for any damage caused to or by your car.

Not only accidents, there are many more possible scenarios that you may face. For example, damage caused due to weather conditions like hail storm or flood, your car have been stolen or vandalized, and so on. You cannot predict such elements. The financial loss can be tremendous during such times. It becomes really difficult to pay for them if you do not have auto insurance.


So please don't ignore auto insurance, it's one of the vital firewall against economic disaster caused by an accident. There are various types of auto insurances available. Choose the policy that suits best for you, according to your requirements and financial condition.

The "what-ifs" possibilities can be out of your driving life with an auto insurance.

Why Young People lack Health Insurance?

Statistics have shown that the number of uninsured young people are rapidly increasing day by day. In general, young adults in the age group 19-28 years, are the ones who mainly lack health insurance. This is normally the time period when they have aged out of the insurance programs, since the age limit for the state sponsored plans are usually 19, or 23 for full-time student. At this point, some of them pursue higher studies while others opt for some kind of jobs or businesses.

Moreover, when you enter some private workforce, there is hardly any independent insurance coverage plans available, or for which you are eligible. This is the turning point for many individuals. Most people think that this is when they show their invincible attitude of the young, who don't even bother to think about insurance unless and until they are forced to. But it's true for only a certain section of young mass. Studies have shown that when they have an option, almost 70% of new graduates purchase insurance.

Also, Dr.Sara R.Collins, who is a senior program officer at The Commonwealth Fund, have found out that the low-income young individuals are the ones who are acutely facing this problem of health insurance. To qualify for Medicaid, which is the United States health program for eligible individuals and families with low incomes and resources, a single adult can earn no more than $706 a month - which is less than the income of a full-time minimum wage earner.

Young people tend to complain less and believe that their age will protect them. But you never know what is stored for you in future. There is always some risks associated with your life, even if you lead a very simple and steady life. Any chronic and fatal disease or accident will not knock at your door before arriving.

So, all young people around, please go for health insurance. How you take care of yourself now will certainly affect you as you age.

Insure your Old Age with Reverse Mortgage

It is truly said that old age is accompanied by its own share of problems.At this stage of life the expenses are generally much more than his/her earnings. Mostly its the limited pension that is the source of income. Together with the health care problems and financial insecurity comes the dependency factor which prevents them to lead their lives respectfully. To avoid such scenario and get financial security, insure your old age with Reverse mortgage.

What is Reverse Mortgage?

In short, it's a government sponsored and insured loan for the senior homeowners, who have attained the age of 62 years or more, to convert the home equity into cash. They can take it as an ongoing income or a lump sum amount. One of the conditions being that your home must be your own primary residence during the period of the loan.That is here you are using your home as your tax-free income provider, without making any repayment until you are moving out or selling the property. So its basically a life time financial support for the senior citizens.

So if you are one of them who would like to spend your golden old age independently without any financial crisis and with self respect, go for Reverse Mortgage. However please do consult a professional for the better results.

What is Mortgage Insurance?

"The only thing certain about life is that nothing about it is."

The Mortgage Insurance refers to a special type of insurance policy which helps you to buy any property with a low down payment. This kind of policy guarantees to repay your mortgage loan in the event of death, or perhaps disability of the mortgagor (i.e,one who borrowed the mortgage). This ensures that your family need not worry atleast for ownership of the property in your absence.

MI provides a level of security to both the mortgagor and the mortgagee. It protects the financier from excess risk when around 80% or more of the total amount is taken as a loan.

*Private Mortgage Insurance - It is a default mortgage insurance provided by the private companies.In other words,this is to protect the lenders from loss in case of default (who has not met legal agreement).Hence another term for PMI is Lenders Mortgage Insurance or LMI.In this case, comparatively lower down payments are allowed.

*Mortgage Insurance Premium - Similar to PMI, this also provides protection for the lender in the event of non-payment,however here they are generally Government loan products.

Regardless of the type of mortgage insurance you're on, like business mortgage, rental mortgage,medicine mortgage, home mortgage or whatever, the most important aspect is to have a Mortgage Insurance.