From the monthly archives: March 2011

We are pleased to present below all posts archived in 'March 2011'. If you still can't find what you are looking for, try using the search box.

3/20/2011 11:47 PM

Flood Insurance

Hi Everyone: Did you know.....?? Just a few inches of water from a flood can cause tens of thousands of dollars in damage to your home.  During the past decade, a flood claim with only 5 inches of water has amounted to more than $33,000. Flood insurance is the best way to protect yourself from this devastating financial loss. As a reminder, flood insurance must be purchased before flooding occurs and has a 30-day waiting period from the date of the application (unless purchased in conjunction with a loan closing). FLOOD DAMAGE is NOT covered by homeowners or standard commercial property insurance policies Statistics indicate homeowners are FOUR TIMES MORE LIKELY to suffer a loss from a flood versus a fire or other catastrophic event 70 to 80 percent of all U. S. natural disasters involve flooding Flood is the  most common natural disaster in the US Remember, you don't have to live in a near the water to be at risk for a flood claim.  In fact, most floods in this area ...

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3/4/2011 3:48 AM

The Story of Insurance

One night in ancient times, three horseman were riding across the dry bed of a river.  Out of the darkness a voice shouted “HALT”..whereupon they did.  The voice then said, “Dismount and gather rocks from the ground and put them in your pockets.”  They did as instructed and the voice said, “You have done as I commanded.  Tomorrow you will be both glad and sorry.”  Puzzled the horsemen rode on. 

The next morning they found that the rocks they had collected had transformed into diamonds and rubies and they remembered the warning the voice said to them.  They were indeed both glad and sorry.  Glad they had taken some and sorry they had not taken more…..And this is the story of insurance.