Please be aware of the risk of Losing your air conditioner unit to thieves. They are active in our community and very bold-even providing their own means to climb roofs or get wherever they need to steal the copper from air conditioning units. Most theft claims will be covered by property insurance, however, we have seen instances where the thieves soon return and steal the replaced units! This type of claim activity may place you in a difficult position upon renewal of your property policy.Sugg...

When an individual or business buys property insurance, the primary concern is normally the replacement of the building if a fire completely destroys it. However, in many losses, a portion of the building escapes damage or machinery and equipment may be salvageable. In these situations, the policyholder and the insurance company must decide whether to repair the property or replace it altogether. The policy ordinarily states that the company will do whichever costs less. However, the answer to w...

The owners of a new company found a building on the market for an affordable price, so they bought it. Built in the 1940's to manufacture aircraft for the war effort, the metal structure had a large open space. The company occupying this space was in the software development business and the building was much larger than it needed, but the price made it seem like a sensible move. However, the owners got a surprise from their insurance agent about property coverage. Insurance companies base limit...