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Can’t Touch This… Insurance | Rolfs Insurance Services Boca Raton
Other than the physical manifestations of ink and paper, an insurance policy provides something that cannot be touched. At its core, it is an intangible object. It provides the peace of mind in knowing that if a sudden and fortuitous event occurs that causes financial loss, the insured will be made whole. Insurance is simply a promise…
Property Insurance in Action | Rolfs Insurance Services Pembroke Pines
Property insurance is concerned with construction costs in terms of rebuilding a structure if it is completely destroyed and must be replaced. Obviously, complete destruction is less probable than damage that can be repaired, but the concept of insuring to…
Homeowners Insurance Not Enough? | Special Property
Standard homeowners insurance is not always adequate to cover all of your possessions. The homeowners policy has specific limitations with regard to certain classes of property. It is important to understand these limitations in terms of making sure that your…
Assignment of Benefits & the Florida Office of Insurance Regulation
The FLOIR Website Has a Section Dedicated to Assignment of Benefits. The following is an excerpt from the Florida Office of Insurance Regulation website (https://www.floir.com/Sections/PandC/AssignmentofBenefits.aspx): An Assignment of Benefits, or an AOB, is a document signed by a policyholder that…
The Role of the Audit in Insurance
The mere thought of an audit is enough to strike fear in the minds of most people. However, it does not have to be thought of in this way since an audit is nothing more than the reconciliation of estimates…