Articles

Insurance professionals shouldn’t be in the dark about how solar water heaters work and what different perils they are susceptible to compared to their gas and electric counterparts.

Examining claims processes and knowing which electronic items carry a risk can help carriers sidestep indemnity leakage pitfalls.

Holiday decorations increase the risk for new claims from a variety of different damages, some of which are covered by residential and commercial insurance policies.

Damages to appliances and consumer electronics areoften caused by high voltage surge, and adjusters should know how surge losses to high and low voltage equipment may impact potential settlements.

Adjusters find them helpful to verify that any necessary replacements and repairs are of Like Kind and Quality (LKQ) and that the settlement is in line with market values for the loss and location.

Insurance professionals and policyholders have likely noticed an increase in technology advancements, the number of people working remotely, and the amount of extreme weather that took place in 2020 and 2021.

It’s critical to understand what different types of surge protectors exist – and why they won’t prevent all electrical surges.

Lightning can impact whatever is in its path, from appliances to electronics or an entire electrical panel. And each item could wind up in an insurance claim.

A new U.S. DOE regulation recently went into effect that adds efficiency standards to certain DPPP motors manufactured or imported to the U.S. after July 19, 2021.

We cover critical information can help adjusters clear up some misconceptions and know what clues to look for when evaluating refrigerator claims.