The definitive thoughts, frameworks, and analyses on modern risk.
Insurance carriers that compete for personal insurance business in the affluent market niche are always looking for new ways to differentiate their coverage. Influenced by environmentally conscious homeowners in CA, San Francisco Bay Area Fireman’s Fund Insurance Company has introduced the first ever homeowners insurance policy offering “Green” coverage. This innovative policy is ideal […]
It is alarming how many people confuse the purchase price or appraised value of a residence with the cost to rebuild it. The common thinking: My house is worth X, the land is probably worth 30 – 40% of that, so I will insure it for 70% of X, since the property won’t burn. Realtors, mortgage lenders, and tax assessors confuse […]