Shepard Insurance Insights
As we are all aware, our industrious leader, Donald Trump, has dented the legacy planning business with his Estate Tax revision effective in 2018. But there is a big question as to whether Trump can hope to be re-elected for a second term with all the vitriol. If he is unsuccessful, it would seem likely [...] Read More
An important consideration for selecting your home insurer. It is evident that "global warming" is taking hold of our weather. From the winds of hurricanes & tornados, to large wildfires, weather related events are happening more often and with significantly higher intensity. And this means more and larger claims. Clearly everyone wants great coverage and [...] Read More
The choice between a Premium and Basic home insurance policy! The significant differences in coverage between a premium and a basic home insurance policy are typically a bit of an unknown, until there is a claim. Unfortunately, this is the worst time to find out! Basic homeowner’s policies create many unknowns within their contracts by [...] Read More
What is Other (Appurtenant) Structures? And how can you adjust it to reduce your Home insurance premiums?
Most personal residences are insured with the traditional home insurance policy that comes with four property coverages, and also two liability protections. One of those property coverages extensions is for Other Structures (OS), sometimes referred to as Appurtenant Coverages. The design of OS coverage is to provide added coverage for those structures that are not [...] Read More
Managing the policy conditions of a “Term” life policy would seem to be relatively straight forward. The Term is the number of years the policy is inforce with a level premium. It can be 10, 15, 20, or 30 years. So during those years as long as the premium is paid on time, or within [...] Read More
Replacement Cost is the term used to describe the recovery basis for property that is damaged or lost, above the property deductible. There are two types of replacement cost, guaranteed (full) and then limited. Do you know which one you have? In comparison, when a claim occurs, full replacement cost typically requires the insured to [...] Read More