Need to Know About h and h Insurance Review
Not all insurance agencies are created equal! Choosing the right one can make a big difference in price, value, and service. With other agencies, you get a company that sells an insurance brand. With an independent insurance agency like H&H Insurance Brokers, you have options.
Why an independent agent?
Why is this important? Because independent insurance agencies, such as H&H Insurance Brokers, represent several different insurance companies, which means they can compare coverage and prices to make sure their clients get the best coverage at the best price. It also means that your clients get individualized service and attention and live in the community they serve.
Vacant or unoccupied?
First, there is a difference. Webster’s Complete Encyclopedic Dictionary of the English Language has the following to say:
Unoccupied: no occupants, but no furniture or other furniture.
Vacancy: no tenant or content; Empty, empty.
H and H Insurance
The difference between the two is a matter of time and intention. Although not being occupied is a temporary condition and an exception to a residence that normally has occupants, the vacancy generally represents the abandonment of the property.
So what is the point?
Well, either condition can affect your coverage under a typical homeowner’s policy. It is very important to understand the consequences of any of the conditions to keep your coverage intact.
Take a Look at a Homeowners Policy
In general, a homeowner’s insurance policy has a couple of areas that can be affected by the occupancy status of a home: damage caused by freezing, or certain properties and loss due to vandalism. Let’s talk about them in detail.
A homeowner’s policy generally protects a home from any loss caused by a freeze:
- Plumbing system
- Heating system
- Air conditioning system
Example 1: Tom Rudi and his family leave their Minnesota home in January. They will be spending the next 10 weeks in Miami because Fern is teaching a graduate course in Zen awareness at Palm Leaf University. During a period of intense cold in your home in late March, the water line to your refrigerator (for your ice machine) freezes and breaks.
Later, when the line thaws, it overflows and eventually soaks through all the oak floors and rugs in the house. Fern makes a claim to his insurer when the family returns home from Miami. The insurance company’s claims department rejects the claim when they discover that the house was unoccupied for more than 30 days before the loss.
Unfortunately for the Guddysons, most homeowners policies will not cover frost-related losses that occur during an extended period when the home is unoccupied OR unoccupied. But this loss of coverage can be avoided if the owner takes precautions to help avoid such losses. Precautions generally involve draining any water system or appliance and shutting off the home’s water supply, or keeping the home warm during the absence.
A homeowner’s policy generally offers protection to a home that is damaged by acts of vandals. With one important exception, let’s visit the Guddysons again.
Example 2: Fern Guddyson and his family leave their Minnesota home in January. Again, they will be in Miami for the next 10 weeks as Fern earns his doctorate in surfing from Palm Leaf University. A week before the Guddysons’ return (in late March), a group of children opens most of the windows in the house.
They then take a variety of tools found in Mr. Tom toolbox and break doors, floors, and walls. Fern makes a claim to her insurer when the family returns home from Miami. The h and h insurance company claims department estimates the damage and gives Fern a check to cover her loss.
Vandalism losses are generally covered even during periods of extended unemployment. However, if the Guddysons had emptied their home of all furniture and turned off the power by the time they were gone, the loss from vandalism would not have been covered.
Why are Such Exclusions Necessary?
Homeowners policies contain such exclusions to avoid special loss situations. An unoccupied home becomes an attractive nuisance, often attracting acts of vandalism. If a house is to be vacated, it may be necessary to purchase fire coverage to protect it.
Regarding freeze losses, insurers want to encourage homeowners to do a little planning to reduce or eliminate the possibility of a system or appliance causing a loss. If an insured refuses to act responsibly towards his property, he runs the risk of suffering an uninsured loss.
If you are faced with a situation where your home will be unoccupied or unoccupied for an extended period, talk to your agent and be sure to do what is necessary to preserve the full protection of your h and h home insurance.
Insurance Discrimination Laws Examples
Therefore, there is no federal law that specifically prohibits insurance companies from considering, for example, race, religion, national origin, or gender, at least outside the context of homeowners insurance.
Under Section 105 (h), a self-insured health plan cannot discriminate in favor of highly paid employees with respect to eligibility or benefits. If a self-insured health plan is discriminatory, highly-paid employees will be taxed for their “excessive reimbursements.”
Although negative experiences attributed to insurance-based discrimination may discourage people from seeking treatment, a more direct problem with insurance-based discrimination occurs when patients seeking care do not receive what they need due to their lack of insurance.
- Need to Know About h and h Insurance Review and Quotes.