We prefer working with an insurance
broker. [Brokers represent you; insurance agents represent their company...]
Al Golden at IMIS has earned a great reputation [and is an ex-cruiser...] They get our business, and are always competitive
price wise... They can put together a policy to meet your specific needs, and have an ongoing reputation for no fuss claims handling and quick payouts.
Key points for us when
shopping insurance include:
We specify All Risk [vs. Named Peril] coverage. All Risk covers everything that isn't on the not covered list; Named Peril tells you what is covered, but not specifically what isn't, so unless you can read between the lines...]
For total loss, we prefer an Agreed Value [negotiated price] vs. Actual cash value [which is their adjusters estimate of what it is worth after the loss...] policy. No surprises that way; you know what you will be paid and are not at the mercy of their adjuster's estimate.
For Partial Loss, we prefer Replacement Cost [new for old] vs. Actual Cash Value [depreciated value of item(s) to be replaced... pennies on dollars...]
When comparing policies, only compare the ones that have matching criteria as outlined above, otherwise you aren't comparing similar products.
Best wishes finding what you need.
Cheers!
Bill
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