November 2020


Please call  Lee from  USAsurance Powered by WeInsure & Calle Financial. 954-270-7966. My email is lee@myUSAssurance.com . I am Your Insurance Consultant  about Home Insurance, Auto, Flood, Private Flood, Car, Life Insurance, Mortgage protection, Financial Products, Business  & Commercial Policies, & Group Products for business owners to give Employees benefits at no cost to the employer. My email is lee@myUSAssurance.com

The National Weather Service in Miami is issuing a coastal flood statement as the new moon’s proximity to Earth brings on another round of king tides.

The Palm Beach Post reports that because the new moon is Sunday, the brackish Intracoastal water that bubbles up through storm grates and over aging sea walls in the South Florida area could linger through Tuesday.

High tide times on Sunday were expected around 8 a.m. and 8:20 p.m.

Monday high tides are at about 9 a.m. and 9:10 p.m.

This may be the last round of king tide flooding this year with December’s new moon forecast to have less influence.

The high tide flooding for South Florida typically begins in September. It’s a combination of multiple factors, including a slower Gulf Stream current, warmer waters, lunar alignment and sea-level rise. The flooding begins to wane in December.

Please call  Lee from  USAsurance Powered by WeInsure & Calle Financial. 954-270-7966. My email is lee@myUSAssurance.com . I am Your Insurance Consultant  about Home Insurance, Auto, Flood, Private Flood, Car, Life Insurance, Mortgage protection, Financial Products, Business  & Commercial Policies, & Group Products for business owners to give Employees benefits at no cost to the employer. My email is lee@myUSAssurance.com

About one in 20 insured homes has a claim each year, with the average claim totaling $13,814 between 2014 and 2018, according to the Insurance Information Institute (Triple-I).

Filing a claim for the loss or damage of property is one of the worst experiences for a homeowner. And if errors occur during the claims process, a homeowner could face serious financial consequences.

Some common snafus homeowners make that can impact a claim include not securing coverage in time, choosing a deductible they cannot afford, and not having the right coverages in place.

“One big issue is underinsurance,” Jessica Hanna, spokesperson for the American Property Casualty Insurance Association, told MarketWatch in a September article. “That only seems to come to light after a major storm.”

However, there are other errors insureds should be aware of before filing a claim. Click through the above slideshow to reveal ten common mistakes clients should avoid with home insurance claims, according to Forbes.

Additionally, agents and brokers should educate clients and prospects about the benefits of working with an insurance advisor to secure proper coverage and navigate the claims journey to ensure the best possible outcome for insureds.

Please enjoy the full article below;

Please call  Lee from  USAsurance Powered by WeInsure & Calle Financial. 954-270-7966. My email is lee@myUSAssurance.com . I am Your Insurance Consultant  about Home Insurance, Auto, Flood, Private Flood, Car, Life Insurance, Mortgage protection, Financial Products, Business  & Commercial Policies, & Group Products for business owners to give Employees benefits at no cost to the employer. My email is lee@myUSAssurance.com

Over the last 40 years, the NOAA calculates that climate and weather disasters have cost the US $1.75 trillion in damage – and those costs, when insured, obviously trickle down to policyholders.

When a hurricane like Dorian, that battered North Carolina last year runs up costs, so premiums have to rise – which is why insurance companies in the state are requesting approval for a hike of up to 25% from August 2021.

Mike Causey, North Carolina’s Insurance Commissioner told reporters that the NCRB (North Carolina Rate Bureau) had made the request – which averaged out at 24.5% across the state.

The Department of Insurance can now accept the proposal, or more likely, try to haggle that number down. If both parties can’t come to an agreement within 50 days, then Causey will ask for a hearing.

Despite their heavy payouts following last year’s hurricane, there is no guarantee that carriers will get what they ask for – back in 2018 the NCRB asked for just over 17% – settling for a far less impressive 4%.

2020 has already seen North Carolinians hit by natural disaster – tropical storm Zeta swept through the state last month, cutting power to 400,000 and causing landslides and other property damage.

Nationwide insured losses from this one storm alone are expected to exceed $4 billion, according to estimates from AIR worldwide and Karen Clark & Co.

Please call  Lee from  USAsurance Powered by WeInsure & Calle Financial. 954-270-7966. My email is lee@myUSAssurance.com . I am Your Insurance Consultant  about Home Insurance, Auto, Flood, Private Flood, Car, Life Insurance, Mortgage protection, Financial Products, Business  & Commercial Policies, & Group Products for business owners to give Employees benefits at no cost to the employer. My email is lee@myUSAssurance.com

The shamers are dishonored annually by the Coalition Against Insurance Fraud. This year, houses are burned. Military valor is stolen. Fake slip-and-falls take a $31-million tumble. A mother is shot. The Commanders in Thief help put insurance fraud on full national display and with a purpose.

The shamers play a useful deterrent role. Promoting extreme schemes can help harden public opinion against this $80 billion a year crime.

Most people also remember vivid stories better than dry data, providing consumers with better recall of insurance criminals such as the shamers. We learn in vibrant detail the damage these Tyrannosaurus Wrecks can inflict on honest Americans. More people then share the shrieks on social media — better-promoting honesty and avoidance.

The shamers also remind America that fraud fighters are committed counterweights to insurance crime — investigating in the field and convicting in court. So enjoy the shamers, up to a point.

Please enjoy the full article below;

Please call  Lee from  USAsurance Powered by WeInsure & Calle Financial. 954-270-7966, Your Insurance Consultant  about Home Insurance, Auto, Flood, Private Flood, Car, Life Insurance & Financial Products, Business  & Commercial Policies, and Group Products for business owners to give Employees benefits at no cost to the employer. My email is lee@myusassurance.com

Please picture the state of Florida in your mind! You live on a Peninsula surrounded by Water. We have Lakes, canals, Intracoastal, man made lakes & the everglades! If you live in Florida, you are low to sea level & you are in a Flood Zone for sure!!! In Florida, we have 2 zones for the most part, Zone X & A. Zone X is the zone many call not a flood zone, but it is, just low risk for now, but we have all seen the floods in S. Florida this year 2020 to know this already. Zone A is where it will be required if you have a mortgage, & that is any zone starting with A.

The Flood Maps will be changing again soon & many zone X people will find themselves being changed to zone A & will be required to have it in 2-3 years. We can help you save money in this change down the road, by using the Grandfather clause for you. My real question is why would anyone not want a flood Insurance policy if you live in Florida? If you do not have to have one & choose not to take one, then you have no business complaining about floods that occur to you. If you are relying on FEMA to help, they will, but you will never own your home, so why let this happen for $50-60 each month!> I can’t figure this out & may never, but we will give you every option needed to make your best decision.

Please call  Lee from  USAsurance Powered by WeInsure & Calle Financial. 954-270-7966, Your Insurance Consultant  about Home Insurance, Auto, Flood, Private Flood, Car, Life Insurance & Financial Products, Business  & Commercial Policies, and Group Products for business owners to give Employees benefits at no cost to the employer. My email is lee@myusassurance.com

Tropical Storm Eta formed overnight [on Sunday, Nov. 1] in the Caribbean, becoming the Atlantic’s 28th storm of 2020 and tying a 2005 record for the most named systems in a single year in records going back to 1851.

Forming southeast of Jamaica, Eta will probably become a hurricane with winds reaching 90 miles (145 kilometers) per hour before coming ashore in Nicaragua or Honduras sometime Tuesday or Wednesday, the National Hurricane Center said. Eta could bring as much as 20 inches of rain across Honduras and Nicaragua with some areas getting up to 30 inches.

Please enjoy the full article below;

https://www.insurancejournal.com/news/international/2020/11/02/589157.htm?ref=insurancedailynews

Please call  Lee from  USAsurance  & Calle Financial. 954-270-7966, Your Insurance Consultant  about Home Insurance, Auto, Flood, Private Flood, Car, Life Insurance & Financial Products, Business  & Commercial Policies, and Group Products for business owners to give Employees benefits at no cost to the employer. My email is lee@myusassurance.com

Term life insurance is a great bet for people who want the most affordable life insurance in order to cover specific family needs, such as the working years of parents.

You may think that comparing prices is the only way to find the best term life insurance companies. But prices only tell part of the story. Inside the policy (sometimes) are important benefits that can become critical many years after you buy the coverage. Your health and insurance needs can change over time, and the best term life insurance can accommodate changes.

To find the best term life insurance companies, we used data provided by Life Quotes to evaluate companies on rates and coverage features

CompanyPrice competitivenessPolicy benefitsForbes Advisor rating
TransamericaVery goodExcellent
AIGExcellentGood
Pacific LifeExcellentGood
John HancockVery goodGood
Lincoln NationalVery goodGood
ProtectiveVery goodGood
SBLIVery goodGood
Securian FinancialGoodVery good
North AmericanFairVery good
Penn MutualGoodGood
PrudentialFairVery good
Legal & General AmericaVery goodFair
American NationalFairVery good
Mutual of OmahaFairGood

Please enjoy the full article below;

https://www.forbes.com/advisor/life-insurance/best-term-life-insurance-companies/