Monthly Archives: July 2013

What is Emergency Management?

Emergency Management—many of us have heard that term, but do you know exactly what it means? This is the act of both dealing with and avoiding risks of all types. Emergency management is something practiced by many localities and businesses. Many organizations work hard to create emergency management plans so that they know exactly what

Captive Carriers vs. An Independent Agency: What’s the Difference?

When choosing an insurance agent, you have two broad categories from which to select from. You can choose to work with a captive agent or you may choose an independent agent. A captive agent is an agent who works with one insurance carrier. By contract, he can only sell a particular company’s products, thus the

Your Guide to a Safe and Fun Summer

Our summer is moving along quickly but there are still great times to be had. Summer can also mean added dangers around the home and outdoor barbecues can mean added liability. Here are some simple reminders to a safe summer season. Grilling safety can go a long way in preventing burns or even worse. When

What Loss of Use Coverage Can Do for You

In the event that your home is damaged or destroyed, the portion of a standard homeowners insurance policy that protects you is loss of use. Essentially, many living expenses, restaurants, and hotels are all expenses that are reimbursed with this type of coverage. In the event of a disaster, to help you maintain your standard

What Every New Home Buyer Needs to Know

Buying a home is a huge investment and huge responsibility. As a new home buyer, there are certain things you need to know when getting into a mortgage or borrowing for a new home. First, think about the amount of house you are trying to purchase. Is it within your price and income range? Don’t

My House Has Coverage, But Do I?

Score! You just bought a homeowners policy and bundled it with your auto policy through your North American Advantage Insurance Services (NAAIS) agent, at the best rate possible. Considering that NAAIS is not a captive insurance agency, they can access scores of insurance carriers in order to write an insurance policy that is unique to

What Does Personal Property Cover on a Home Insurance Policy?

Typically, based on the bank’s concern for the mortgage, most homeowners focus on the reconstruction value of their home when obtaining homeowners insurance. As a result, the typical personal property amount will be set at about 70% of the dwelling value. This means that roughly $350,000 of contents coverage will apply to a home whose