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Think You’re Insured? In an article on the Chicago Tribune website, Lew Sichelman lists some of the lesser-known types of insurance that take over where common policies leave off. The article also sheds light on insurance facts agents often neglect to reveal. Twenty-five percent of all flood claims, for example, happen in moderate- to low-risk areas, not in major flood zones where coverage is mandatory. Insurance companies have very different considerations for your stolen property if you operate a home-based business. And your homeowner’s insurance does little good if you rent out your house, or if you leave it vacant and empty for a certain length of time. Some of the extra types of coverage mentioned in Sichelman’s article include Umbrella Insurance, Tenant’s Insurance, and a timely and inexpensive ID Fraud Rider that can save an ID theft victim lost wages and legal fees. To read the Chicago Tribune article, please click here:
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