deductibles News

Missouri Law Bars Contractors from Paying Deductibles on Commercial Property

Missouri lawmakers have given final approval to legislation that supporters say is aimed at protecting commercial property. A 2011 Missouri law bars residential contractors who fix roofs or complete other exterior repairs on homes from offering to pay insurance deductibles …

Va. Boy Sets Up Lemonade Stand to Help Pay Neighbor’s $500 Deductible

An 8-year-old Springfield boy who set up a lemonade stand to help his neighbors rebuild their home after it was damaged by a recent storm has surpassed his goal.

Vermont Towns Seek Donations to Help People Post-Irene

Vermont communities recovering from Tropical Storm Irene are seeking donations to help urgent family housing needs. Until state and federal money is available, officials in Waterbury say donations would help solve some housing problems. Several donation funds are available, such …

Connecticut Asks Insurers to Waive Storm Deductibles for Irene Damages

Connecticut is negotiating with several insurance companies to waive hurricane policy deductibles for coastal homeowners whose properties were damaged or destroyed by Tropical Storm Irene, Gov. Dannel P. Malloy said. Malloy said 244 homes had been deemed to be destroyed …

Earthquake, Hurricane Keep Maryland Insurance Agents Busy

First came the earthquake; then the hurricane. Now comes the bill. And with any luck, you have a decent insurance policy that will cover the cost of most, if not all, of the damages sustained in one or both natural …

Forecast: Few Insured for Irene’s Losses in Connecticut

Only about 30 percent of property losses inflicted by Tropical Storm Irene in Connecticut will be covered by insurance, according to an estimate by a consulting group that said less will be covered compared to previous storms in part because …