Shawn Kain, CPCU, CIC, ARe, MBA

We’ve been asked what is the first benefit an employer should offer after health insurance. Connie Chiara is here to let you know. #faq #reel #yourquestionsanswered #healthinsurance #insurance #health #insuranceagent #healthcare #insurancebroker #financialplanning

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So what is an Agreed Value Policy and why would you ever need one?? Take for example this 1996 Ford F350 XLT... After a total loss situation, the insurance company came back and told the owner that his truck was only worth $13,132. The problem with that is the owner had more than that into just the 7.3L Diesel engine and suspension. When we sat down and added up the receipts, we found over $55,000 in just parts and professional bodywork. This didn't take into account the hours of labor he did himself on the Frame-off restoration and more than likely other expenses that were forgotten about or even the initial cost of the donor truck to start with. So how do you protect your investment? Get it Appraised!! Get an Agreed Value Insurance Policy put in place that will compensate you for your investment in the case of a total loss. Custom Cars, Trucks, Motorcycles, Boats, ATVs, RVs, etc... all need an Agreed Value Policy and Appraisal. Contact CFL Auto Appraise for a FREE Consult. 407-791-4034 #cflautoappraise #replacementcost #insurancepolicy

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Not sure if you need an Agreed Value Policy?? The owner of this Silverado wishes they would have had their lifted truck appraised with an Agreed Value Appraisal. An Agreed Value appraisal provides the insurance company with documentation of custom parts/labor, wheels, lift kits, stereo systems, and more. In the event of a Total Loss, there are no questions about what the vehicle is worth. Don't gamble with your investment, get it appraised. Contact us for a FREE Consult. 407-791-4034 #cflautoappraise #replacementcost #insurancepolicy

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Do you know that the timing of your IME request on your claim file can have a huge impact on the overall exposure of your claim file? Contact our claim specialist today to learn more.

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A common exhortation from insurance professionals focused on the importance of coverage is to read the complete insurance policy to fully understand what coverage is afforded by a particular policy. Trusting summaries or the advice of another person about an insurance policy could lead an insured to discover that their coverage is not as broad as they had thought. I learned today that this refrain can apply even to communications about a policy from the carrier. One of the insurance policies my firm maintains is purchased directly from the carrier. I received an e-mail today from the carrier informing me of an impending renewal and it included the following comment: "No changes have been made to your coverage. Your policy will renew based on the information we have on file at our current rates." Along with the e-mail were a number of attachments, one of which was a notice informing me of two changes to the policy forms!  

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What all do you do to stay safe driving at night?

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Did you know? If your home and auto are damaged in the same event, like a hailstorm, some insurance companies only require you to pay one deductible (the higher of the two)—but not all do! 🏠🚗 Another tricky situation? Roof repairs. If your roof has two layers but only one is damaged, most policies only cover fixing the damaged layer. However, with the right argument and support from your contractor and agent, you may be able to push for a full replacement. At JD Chapman, we believe in advocating for you when the unexpected happens. Questions about your coverage? Let's chat. #InsuranceTips #ClaimsSupport #IsItCovered

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Perceived Deep Pockets... When a corporation's budget, expansion plans, and profits are publicly disclosed, it may give the impression that the company has substantial financial resources. Claimants may view the corporation as an attractive target for fraudulent claims, assuming that the company is more likely to settle claims quickly to avoid negative publicity or legal costs. While we all love to celebrate our partners doing very well, we frequently overlook that there is an increased likelihood and trend of individuals seeking to exploit their success. To mitigate the risk of fraudulent claims, corporations need to take additional measures to strengthen their risk management and legal defense strategies. This could include implementing robust internal controls, conducting thorough investigations of ALL claims using their claims teams and Fraud Sniffr, Inc., and vigorously defending against any fraudulent or exaggerated claims. Additionally, corporations may work closely with legal counsel and insurance providers to develop proactive strategies for mitigating and responding to potentially fraudulent activities. Our team is happy to be that integral piece of the puzzle linking to the final data connections and communication with the full team involved with claim defense. Having free on-demand updates is a big deal, why wait to start using them? Start a search at https://hubs.li/Q02rFYtV0 #SIU #ClaimDefense #LiabilityDefense #TruckingDefense #InsuranceDefense #WorkersCompensationDefense #RetailDefense #RestaurantDefense

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Perceived Deep Pockets... When a corporation's budget, expansion plans, and profits are publicly disclosed, it may give the impression that the company has substantial financial resources. Claimants may view the corporation as an attractive target for fraudulent claims, assuming that the company is more likely to settle claims quickly to avoid negative publicity or legal costs. While we all love to celebrate our partners doing very well, we frequently overlook that there is an increased likelihood and trend of individuals seeking to exploit their success. To mitigate the risk of fraudulent claims, corporations need to take additional measures to strengthen their risk management and legal defense strategies. This could include implementing robust internal controls, conducting thorough investigations of ALL claims using their claims teams and Fraud Sniffr, Inc., and vigorously defending against any fraudulent or exaggerated claims. Additionally, corporations may work closely with legal counsel and insurance providers to develop proactive strategies for mitigating and responding to potentially fraudulent activities. Our team is happy to be that integral piece of the puzzle linking to the final data connections and communication with the full team involved with claim defense. Having free on-demand updates is a big deal, why wait to start using them? Start a search at https://hubs.li/Q02rFN3R0 #SIU #ClaimDefense #LiabilityDefense #TruckingDefense #InsuranceDefense #WorkersCompensationDefense #RetailDefense #RestaurantDefense

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