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Related/Nearby Businesses

Nycm Insurance Co

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Gates Cole Assoc Inc

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Ward S Robinson Jr Ins Agt

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Edmeston, NY 13335
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  • Insurance Won’t Cover Damage To 80% Of Homes Flooded By Hurricane Harvey
    By Ashlee Kieler - Tuesday Aug 29, 2017

    When the flood waters left behind by Hurricane Harvey eventually recede, they will leave behind billions of dollars in property damage. However, a large majority of homeowners will likely have to spend their own money to make their homes livable again.The Consumer Federation of America estimates that — because of the limited availability of flood insurance and damage limitations …

    Source: The Consumerist
  • Are You Sure Your Contractor Is Insured?
    Wednesday Jun 21, 2017

    First a fire, then a flood, finally a theft. One luxury homeowner learned the hard way about the importance of insurance coverage.

    Source: The Wall Street Journal: Lifestyle
  • Homes must fall down to be eligible for coverage
    By DAVE COLLINS, Associated Press - Sunday Jul 2, 2017

    More than two dozen insurance companies being sued in federal court by 40 homeowners recently filed court documents asking a judge to dismiss the class-action lawsuit for a variety of reasons, including that the plaintiffs are only covered if their houses fall down.The motions to dismiss the lawsuit filed June 2 are adding to the dismay of the homeowners, who face living in potentially unsafe homes with plummeting values that can't be sold and would cost hundreds of thousands of dollars to fix.Many other homeowners besides those in the class-action lawsuit also have been told their policies only cover collapse and not cracking or crumbling, said Ryan Barry, a lawyer for the plaintiffs in the class-action lawsuit.Insurance companies later amended their homeowners' policies across the country in response to that ruling and other court decisions, changing the definition of collapse to mean an "abrupt" or "sudden" falling down, Barry said.While insurers have sympathy for the homeowners, they have to follow the letter of insurance policies, said Eric George, president of the Insurance Association of Connecticut, a trade organization that represents insurance companies that do business in the state.

    Source: Top News Stories
  • Farmers To Pay $390K For Charging Renters More Than Homeowners On Car Insurance
    By Ashlee Kieler - Thursday Jul 20, 2017

    Last year, a Consumer Federation of America report found that home renters pay up to 47% more for car insurance than their peers who own their homes. Now, one state is doing something about this: Minnesota has fined insurance giant Farmers $390,000 for charging higher rates to renters. The Minnesota Department of Commerce announced this week that an investigation into …

    Source: The Consumerist
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