"I have helped hundreds of families buy homes. Last fall, one of them burned down. I am so grateful for the education from UP that helps me make sure all my clients are adequately protected from catastrophic loss."...
Certified Financial Planner and former UP Board member Larry Ginsburg enjoying life
As with all types of insurance, you have choices to make when shopping for life insurance. If you’re in the market for life insurance, rates are the lowest they’ve been in 20 years.
That is probably because fewer and fewer...Read More
Helping wildfire survivors form support groups by insurance company has been part of United Policyholders' menu of services since our beginning. We've seen time and again how communicating with others who are navigating similar policy language, company rules and adjuster personalities helps people overcome claim delays and problems.
In the early months after a disaster we routinely post laminated signs at our Roadmap to Recovery workshops to help people find and form groups with others insured with their same company. Resource-permitting, we help groups set...Read More
As anyone who has been involved in a major construction project will tell you, construction supervision is critical. Contractor overhead and profit is what pays for that supervision, and it is a necessary expense of any project that involves multiple trades that have to be coordinated. This expense is generally referred to as "O & P".
Yes, some insurers looking for ways to reduce claim costs apparently approached the Colorado Division of Insurance for permission to exclude those costs from their benefit calculations. Their idea was to convince the Division to...Read More
Insurance remains a critically important source of disaster recovery financing for individuals, businesses and government, but insurers must do a better job at insuring homes to value and paying benefits in a timely manner, UP Co-Founder and Executive Director Amy Bach told a high level California Commission yesterday in Santa Rosa, CA. Further, a recent attempt by at least one insurer to change their policies to limit payouts for wildfires and wildfire smoke and ash are illegal and must be nipped in the bud, Bach informed the Commission, providing them with...Read More
If a home or business owner in the United States can't find property insurance in the private market, they can buy it through a variety of hybrid public/private arrangements, often referred to as "pools" or "Residual Market Mechanisms" (insurance lingo for programs that cover risks private market insurers don't want). These arrangements are federal and state government sponsored "last resort" programs through which an individual or business can buy insurance for fires, terrorist attacks, earthquakes, hurricanes, flooding, and other risks.
These programs are...Read More