Long island home insurance
Long island home insurance
Homes in Long Island lack cover. (insurance coverage): An article from: National Underwriter Property & Casualty-Risk & Benefits Management
This digital document is an article from National Underwriter Property & Casualty-Risk & Benefits Management, published by The National Underwriter Company on December 14, 1992. The length of the article is 753 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.
From the supplier: The effectiveness of communication between managing general agents (MGA) and insurance agencies was unintentionally demonstrated at a joint meeting wherein Sovereign Insurance Services Inc produced a non-standard homeowners policy that met the urgent needs of MGAs. Because of hurricane danger, many Long Island homeowners have had difficulty in obtaining insurance. Sovereign Insurance Services, located in nearby Staten Island, NY, was totally unaware that one of its least demanded policies answered the problem until MGAs disclosed the need at the meeting.
Citation Details
Title: Homes in Long Island lack cover. (insurance coverage)
Author: Evelyn Gilbert
Publication: National Underwriter Property & Casualty-Risk & Benefits Management (Magazine/Journal)
Date: December 14, 1992
Publisher: The National Underwriter Company
Issue: n50 Page: p17(2)
Distributed by Thomson Gale
Author: Evelyn Gilbert
Digital: HTML
Company: The National Underwriter Company (1992-12-14) (2005-07-28)
List Price: $5.95
Amazon Price: $5.95
(more...)
From the supplier: The effectiveness of communication between managing general agents (MGA) and insurance agencies was unintentionally demonstrated at a joint meeting wherein Sovereign Insurance Services Inc produced a non-standard homeowners policy that met the urgent needs of MGAs. Because of hurricane danger, many Long Island homeowners have had difficulty in obtaining insurance. Sovereign Insurance Services, located in nearby Staten Island, NY, was totally unaware that one of its least demanded policies answered the problem until MGAs disclosed the need at the meeting.
Citation Details
Title: Homes in Long Island lack cover. (insurance coverage)
Author: Evelyn Gilbert
Publication: National Underwriter Property & Casualty-Risk & Benefits Management (Magazine/Journal)
Date: December 14, 1992
Publisher: The National Underwriter Company
Issue: n50 Page: p17(2)
Distributed by Thomson Gale
Author: Evelyn Gilbert
Digital: HTML
Company: The National Underwriter Company (1992-12-14) (2005-07-28)
List Price: $5.95
Amazon Price: $5.95
(more...)
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Resolved Question: Proof of loss/Flood insurance pay out question?
After almost 6 weeks I finally got my adjusters proof of loss estimate from the damages to my home from Hurricane IKE, while I understand the total devestation here on the island, I am worried about time frames and how things go from this point on..
1. We have 39 thous in damages on a 204 thous dollar home, should I expect the flood ins. company to dispute or try to fight this estimate? How long does it usually take IF things go smoothly from here on out? I have tennants I need to get back in their units so I can get rent again to help with mortgage payments.
2. How does this work, do I find the contractors, plumbing, drywall, flooring electricial or does my flood compnay choose who does what, and how do the funds for repairs get dispursed? Do they send me a check for it all at once, does it sit in a bank like an equity line of credit so to speak or do I submit receipts and invoices and the company cuts the contractors a check?
Never been thru a claim process (or such a devestating hurricane) before, thanks in advance....
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Resolved Question: I own an in-home daycare and am looking for Medical Insurance for one of my teachers--what should I buy?
I can't afford something crazy--but I want to get her something reliable and that is substantial in their service. I live in New York (Long Island). I appreciate your help.
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Resolved Question: Should the government move people out of hurricane paths?
In the aftermath of Katrina and Ike, do you think the government should take people's land who live on barrier islands and other places that are exceptionally hard-hit by hurricanes, or places especially vulnerable to earthquakes (such as the Marina District in San Francisco), floods (Mississippi Valley towns that are repeatedly flooded), etc.
Should these people get paid repeatedly to replace their homes?
Instead of rebuilding, they can be given equivalent land in a place that is less likely to be destroyed when it happens again (it always does in those places). We can give them extra help to rebuild in that location, and we can save the US economy trillions of $$$ in the long-run. They can even keep communities together.
It's been done in Valmeyer, Illinois. http://www.conradol.com/valmeyer.html
The land taken can be turned into national beaches/parks/wetlands/farms that won't cost the country billions every time it's hit by another hurricane/earthquake/flood. We can still visit these places but we would no longer have to subsidize these people's dangerous choice of location through our taxes and increased insurance costs.
Or should we just stop giving them federal aid and/or insurance to rebuild?
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Resolved Question: Anyone dropped from State Farm Insurance (home) after filing claim?
We live in NY (Long Island) and recently came home from vacation to find a bad flood, caused by a washing machine hose which broke from wear and tear. There is damage, both upstairs and down. The washing machine is upstairs in the kitchen, and there was water in a few rooms which damaged carpeting and walls - not too horrible. The worst was downstairs where the water caused the ceilings to collapse in two rooms. Needless to say, this will wind up being a large claim. How nervous should we be about being dropped? State Farm is sending a second person to look at the damage, after receiving the estimates from the restoration company and flooring contractor, in order to approve the work. We have only had one other small claim, for a lost wedding band, 10 years ago. We have three other policies, in addition to our home insurance. Thank you for any advice you can give.
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Resolved Question: Long Island, New Yorkers... What is your Mortgage, expenses, location, income, and savings each month?
This is a personal topic, but I'm hoping someone can share.
I'm preparing to own a home in the next 12 months, and I'm a little green... I would like to see someone list their monthly expenses, and income. How much should I be able to save each month? I am single, and make $75K, is this not enough for a home in a decent area? If so, what is a decent area? I see medium incomes for long island towns lower than my income and I cannot figure out how people are owning a home?!
If possible, can you break your monthly finances as follows;
Net income monthly
Mortgage
Taxes
Car
Insurance
Gas/Oil
Car Maint
Auto Gas
Phone/Internet/Cable
Credit Cards
Dining out
Food for one person (divide by fam members)
Everything else
net SAVINGS per month (if any)
Thanks!
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