WASHINGTON, Feb. 14, 2011 /PRNewswire-USNewswire/ — AAPIA, a national association serving public adjusters, is on record opposing Senate Bill 408, a Florida legislative bill that would significantly dilute consumer protections if passed in its current form.

AAPIA’s mission is to assist the profession and its clients with understanding homeowners’ insurance policies and business insurance policies.  Public Adjusters serve an important service to consumers, helping them to navigate the often complex and difficult issues they face after suffering property damage.  The benefits are real and tangible.

Florida SB 408, although offering needed regulation for the insurance industry, contains certain provisions that are harmful to the very Florida consumers that need the help most. S Full Post…

When you take out insurance for holiday homes you are protecting against the unforeseen. Flooding, fire, theft – but what is the biggest threat to holiday homes? Escape of water (burst pipes).

Here are some recent figures from the ABI (Association of British Insurers).

Insurers paid out £1.4bn in ‘big freeze’ insurance claims in the UK between 24 November to 31 December 2010 – the coldest December on record!

During this period…

• £1.43bn – the total value of claims

• 467,000 – the number of claims that UK insurers dealt with

• £900m – the cost of property damage claims, 190,000 in total

• 103,000 – property damage claims were for burst pipe damage, at a cost of £680m. This figure was an in

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It’s been harsh winter for UK holiday homes, with many areas experiencing the worst December on record. As spring approaches, hopefully the worst of the weather is behind us.

The arctic conditions combined with hurricane-force winds experienced at the beginning of February, has resulted in significant damage to property. According to the ABI, Insurers paid out £1.4bn in ‘big freeze’ insurance claims this winter.

If you haven’t inspected your property recently, it is prudent to do so. Use our

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Before you ‘sign up’ to letting your home for a short period of time, such as a month during a special event or house swap, check with your insurer if sub-letting invalidates cover.

Short-term, one–off letting may have its attractions, particularly if you have a home that’s conveniently located for events such as: The Royal Wedding, Wimbledon, The Ryder Cup, The Olympics or The Edinburgh Festival.

The list is endless as the opportunities to make some money may be real, however, insurance is something that you need to think closely about.

Unfortunately, we can’t cover ‘one-off lets’ through our second home insurance.

Main residence home insurance

At Schofields we are specialist insurers of second homes and holiday homes, and it isn’t our place to advise you in detail regarding your standard owner-occupier cover that you have in place for your main residence.

However, what we can say is that typically:

• an owner-occupier household insurance policy may become invalid the moment you rent out your house (or part of it) for commercial reasons – even if that’s only for a week or two as a one-off;

• you will need special cover (including liability and theft) if you plan to rent out your main house for a very short period. Your existing insur

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Even though car insurance is generally affordable, it is very easy to reduce the insurance premium even further and save thousands on an annual basis. If you are serious about getting maximum auto insurance coverage without paying high insurance premiums, apply these top car insurance money saving tips we are about to discuss in this article.

The best way to enjoy affordable car insurance is to start by finding the best car insurance deals on the market. You can easily discover the best auto insurance rates using available online tools to help you. Full Post…

Major insurer Farmers Insurance and entertainment company AEG announced on Tuesday their $700 million deal that could result in a new Los Angeles football stadium being named after the company. The monumental deal will be the most valuable such agreement ever, but most important for Los Angeles residents and football fans, it will be a significant step toward bringing an NFL team to the city.

Unprecedented 30-Year Deal for Farmers Insurance Football Stadium

The naming-rights deal between the two major companies is said to be an unprecedented one that could bring a team back to the Los Angeles area. The large amount of money to be passed between the deal makers is not whats dropping jaws, however.

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