Freds Insurance Incorp - Personal Protection

January 2006

Bearing the Risks of Condo Ownership

Living in a condo can be risky business if you fail to discover where you are vulnerable so that you can remove or at least lessen your liability. As always, any liability assessment starts with the condo association's master policy. There are four basic types of risks that associations must protect themselves against. The first is property loss, which means physical property as well as intellectual property such as legalities of the association's operations.
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Staying Safe If Your Car Breaks Down

One of the most tragic stories about a car breaking down is that of the late Ennis Cosby, son of comedian Bill Cosby. Ennis was on his way to visit a friend in Los Angeles when his Mercedes got a flat tire. He pulled his car to the side of Interstate 405 to change the tire, where he was confronted by a stranger. The young Cosby thought the man was coming over to help him...
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Don't Be CLUE-less When It Comes to Insuring Your House or Vehicles

You're about to buy a new home or new car and you believe you've found the perfect one for you. You need to insure your new treasure, but for some reason you can't find a carrier to cover it. Is there any way you can find out why you seem to be uninsurable? The answer is simple, get clued in with CLUE.
CLUE, also known as Comprehensive Loss Underwriting Exchange, is a database of consumer claims compiled by a company called ChoicePoint that insurance companies access when they are underwriting or rating a homeowner's or auto insurance policy. An insurer can request a report for a piece of personal property that it is underwriting and receive claims information provided by the insurance companies who previously insured the property.
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