Category: Underwriting Corner

Insuring to the Correct Value How much should you insure your home for? Most non-insurance professionals answer, “enough to cover the mortgage” or “enough to REPLACE the home.” However, the correct answer requires more calculations than that. Confusing replacement or market value with reconstruction cost is one of the biggest misunderstandings of insuring property, and […]

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With all the recent reports of severe flooding around the country, have you taken some time to talk about the importance of flood insurance with your consumers?  Flood mapping has changed in recent years so a home that was not in a flood zone may now be in a flood zone. Nearly 25% of  flood […]

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4th Quarter Underwriting Corner Lighthouse Flood Insurance  Written by: Jennifer Vazquez, CPCU With all the recent reports of severe flooding around the country, have you taken some time to talk about the importance of flood insurance with your consumers?  Flood mapping has changed in recent years so a home that was not in a flood zone […]

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July 2014 Written by: Jennifer Vazquez, CPCU This month, we are devoting this feature to addressing Frequently Asked Questions.   When can I apply the Book Transfer and Affinity Discounts?  These discounts are only eligible to be applied to a policy if your agency has received pre-authorization from Lighthouse prior to use.  Your local marketing representative […]

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At Lighthouse, we have a wonderful group of hard working agents trying to write quality business.  Because we know we are not your only carrier, we appreciate your business all the more!  This month, we want to try to help break down a few eligibility guidelines that have changed recently or can be confusing.  We […]

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May 2014 Written by: Jennifer Vazquez, CPCU At Lighthouse, we have a wonderful group of hard working agents trying to write quality business.  Because we know we are not your only carrier, we appreciate your business all the more!  This month, we want to try to help break down a few eligibility guidelines that have […]

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When a loss occurs, most insureds can tell you the big ticket items they own: 2 – 48” HDTV’s, 4 Laptops, etc.  But what about the lesser items we use every day?  Could an insured tell you: how many glasses they have in their kitchen cabinets, how many picture frames are throughout the house, how […]

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