Courtesy of iii.org Don’t be intimidated by specialized insurance language. Below you’ll find definitions of some of the most common terms used when dealing with auto insurance. Adjuster An insurance company employee or contractor who reviews the damages and injuries caused by an accident and okays claims payments. Bodily injury liability Usually mandated by state law, this insurance provision covers costs associated with injuries and death that you or another driver causes while driving your car. Claim The formal request to an insurer for payment under the terms of your policy. Collision coverage Optional coverage that reimburses you for damage to your car that occurs as a result of a collision with another vehicle or other object—e.g., a tree or guardrail—when you’re at fault. While collision coverage will not reimburse you for mechanical failure or normal wear-and-tear on your car, it will cover damage from potholes or from rolling your car. Comprehensive …
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“Slightly Above Average-2019 Hurricane Season
Courtesy of iii.org Colorado State University’s Department of Atmospheric Science released a summary of the 2019 Atlantic hurricane season today. Seven of the named storms lasted 24 hours or less – the most on record with such short longevity. The 2019 season yielded 18 named storms, six of which became hurricanes, including three major ones (Category 3 or higher, with maximum sustained winds of at least 111 mph). While 18 is quite a bit more than the seasonal average of 12 , seven of the named storms lasted 24 hours or less – the most on record with such short longevity. “The season ended up slightly above average when looking at integrated metrics, such as accumulated cyclone energy, that account for frequency, intensity and duration of storms,” said Dr. Phil Klotzbach, research scientist in the Department of Atmospheric Science, non-resident scholar at the Insurance Information Institute (I.I.I.), and lead author of the report. “We generally forecast a near-average …
Weatherizing Tips
Courtesy of iii.org Here in Florida, we experience somewhat milder winters, but don't be caught unprepared when freezing temperatures strike. Ice, snow and wind can have devastating consequences to your home—and to your household budget. Fortunately, there are precautions you can take to avoid the expense and inconvenience of winter damage—and even help you save on heating costs. Get started when the leaves begin to turn so your home is well prepared when the cold, harsh weather hits. Winter weather prep for the outside of your home When temperatures drop dramatically and the snow flies, you'll be glad to have taken these measures to safeguard your house. Clean out the gutters. Remove leaves, sticks and other debris from gutters, so melting snow and ice can flow freely. This can prevent ice damming, which is what happens when water is unable to drain through the gutters and instead seeps into the house causing water to drip from the ceiling and walls. Install gutter …