Admitted vs. Non-Admitted Insurance   In short, an admitted insurance company, often called a "standard/preferred company" has been approved by a state’s insurance department, whereas a non-admitted insurance company, often called a "non-standard company or" or "excess and surplus line company" is not backed/regulated by the state.   What are admitted and non-admitted insurance carriers?   An admitted insurance company is backed andRead more

Washington Insurance Credit Ban Last Update: May 10, 2021 https://dokagency.com/wp-content/uploads/2021/05/VIDEO_20210511_220700.mp4 Insurance Commissioner Mike Kreidler issued an order on March 23, 2021, that bans the use of credit in setting insurance rates for new and renewing policies as of June 20, 2021. That credit-ban applies to rates for auto, homeowners and renters insurance for three years. On April 23, 2021, aRead more

The Basics Homeowners insurance policies are designed to cover direct and sudden losses to the house that is insured. Aside from common exclusions such as sewer back-up and earthquake, both of which can usually be added to your policy, there are certain losses that catch homeowners off-guard. One of those losses is a leaking water or sewer pipe outside theRead more

What is covered by homeowner’s insurance? Recently, my mom was talking to a newly engaged individual. After talking for a while, they got into a conversation about insuring the engagement ring, and some other stuff like that. After a little bit of research, my mom found out that her engagement ring was actually insured under her home insurance. A lot

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What Is Sewer Backup? Sewer backup is sewage from sanitary sewer lines backing up into houses through drain pipes. It is often very expensive and difficult to fix damages caused by backed up sewer.  In addition, it can also cause many health hazards in your home. By default, an insurance policy does not cover damages from backed up sewer. DoRead more

How Does Flood Insurance Cover Basements? Unfortunately, a lot of policyholders may not know what their insurance plan includes in the basement area; or more importantly, what's not included. FEMA's National Flood Insurance Program (NFIP) defines a basement as any area of a building with a floor that is below the natural ground level on all sides; otherwise, it isRead more