Extended coverage is a term used by brokers and insurance companies to denote coverage that goes beyond the basic policy. All basic insurance policies have exclusions, or specific losses or reasons for losses that are not covered by the insurance policy. However, an Extended Coverage (EC) policy covers these exclusions.
Oftentimes we feel that we are [...]
Insurance is a contract between the policyholder and the insurance company wherein the insurance company is bound to compensate the policyholder on occurrence of certain pre-specified â??event(s)â??.
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The events that are covered and the extent of coverage for each event are defined in the contract.Thus, there are three parties to any insurance contract â?? the policyholder, [...]
California has the distinction of having some of the highest real estate and housing prices in the nation. Because of this California homeowner insurance rates tend to be higher as compared with many other parts of the country. When you factor in the fact that earthquake insurance is also needed in most parts of the [...]
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