The Arizona Appellate Court ruled that the activity at the local fitness club was a 'trade, profession or occupation' within the meaning of the homeowners' insurance policy business exclusion.
While homeowners likely understand the basics of their insurance policy, you might be suprised by their incorrect, and potentially costly, assumptions about coverage.
The federal flood insurance program is scheduled to expire on Sept. 30, 2017. Here is one company's plan to offer private flood insurance as an alternative.
It's the insurance agent or broker's job to explain a policy to the buyer, including the available endorsements, and they need to know which endorsement best fits the clients situation.
Across Baton Rouge, one hard hit area, no more than 15 percent of all homes have flood insurance, and in the other hard-hit location, Lafayette, the rate is just 14 percent.