HOW TO REDUCE BAD THINGS FROM HAPPENING TO GOOD PROPERTIES

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Let’s face it, when it comes to properties, bad things happen.  Whether it’s a home or commercial property, there are always going to be unforeseen events that cause property damage.  So let’s focus on the areas that can be controlled to lower the risk of potential property damage.  Mary Girsch-Bock of PropertyManager.com compiled a list of effective risk management strategies.

• REMOVE THE RISK. It may sound elementary, but remove anything that looks like it may cause harm, risk or liability. If you visually see rotting wood, sinking ceilings, raised floors, dead trees etc… Remove them. By removing the risk, this alone will greatly reduce the likelihood of further damage. Although, removing the risk is the most permanent solution, frequently it is not possible.
• CONTROL THE RISK. While we can’t control the weather, we can certainly plan for the possibility. Emergency plans can be implemented and provided to all tenants upon…

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INSURANCE GIANT MOVING JOBS OVERSEAS

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In an effort to reduce expenses, American International Group (AIG), the largest commercial insurer in the US, is moving jobs overseas to the Philippines. The plan is to move thousands of jobs by 2015 to more cost efficient locations which not only include the Philippines, but also Bulgaria and Malaysia. Besides relocating overseas, some positions will be shifted from high-cost cities like New York City to less-expensive United States cities including Texas and possibly Kansas. This relocation of jobs is in addition to the 1500 jobs being cut by the insurance giant. As another cost-saver, the global company is also putting forth a new system to manage claims more efficiently.
AIG is a leader in insurance and financial services. Based in New York, the company operates in over 362 cities all over the world and has approximately 64,000 employees.

Visit http://www.westsiderestoration.com blog for more news you can use.  Westside Restoration…

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THE REASON WHY CUSTOMERS SHOP FOR A NEW INSURANCE COMPANY

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While insurance companies spend billions of dollars a year in advertising to attract new potential customers by offering big savings, surprisingly, the policy price is not the number one reason customers switch-over to a new insurance carrier. According to JD Power 2014 U.S. Insurance Shopping study, the number one reason customers shop for a new auto insurance carrier is due to a negative experience they had with their current insurer, ultimately causing them to shop for and switch to a new company.

The study noted that customers whom had a poor experience with their current insurance provider switched to a new company more that twice as much as a customer whose premium increased. Of course, price is still important to customers but it will usually not drive them away. Rate increases seem to be expected / tolerated to a certain degree. Though, it appears that a rate hike of approximately…

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Walmart Enters the Insurance Business

visit http://www.westsiderestoration.com if you have las vegas water damage and need water damage cleanup, repair or restoration in Las Vegas NV, Phoenix AZ. 1-877-785-HELP.

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Walmart is entering the auto insurance business in its latest move to offer affordable services to customers.

The retail giant is partnering with AutoInsurance.com, a price-comparison and shopping website. The website was created after Walmart approached parent company Tranzutary Insurance Solutions with the idea to create an integrated auto insurance service that lets consumers shop for and purchase policies on one site, instead of directing them to the individual sites of specific insurance providers when they’re ready to buy. It’s now available in eight states, with plans to roll out nationwide in the coming months. The site pulls in your existing insurance policy and lets you compare rates across companies including Progressive, Travelers, E-surance and Safeco. It allows shoppers to buy policies directly from AutoInsurance.com. Walmart does not operate the service but will serve as the sole marketing partner to promote the website. Walmart will feature displays in stores, as well as promote the service…

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INSURANCE COMPANY FILES FIRST EVER CLASS ACTION FOR CLIMATE CHANGE

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Farmers Insurance recently filed nine class action lawsuits against approximately 200 Chicago communities.  The gist of the lawsuits states that the local governments should be held liable for the costs of climate change because they should have known that global warming  temperatures would cause heavier rains and storms—yet, they didn’t prepare their sewers and storm-drains enough to handle the natural disasters.  It is the first suit of its kind.

The lawsuit stems from the April 2013 flooding that occurred in Illinois which caused hundreds of millions in damage.   A Farmers spokesman would not specify how much the company paid in insurance claims, and none of the suits specified a damage amount.

This interesting court challenge will be a bit of an uphill battle  for the  Farmers litigation team which has to prove  that natural disasters are predictable and not just random “acts of God.”  Therefore, validating  the risk of flooding…

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Why You Need Water Damage Insurance

We are expecting a lot of rain over the coming days, several inches that could cause damage to your home. Are you properly covered? The answer is simple: if the water rises and causes damage, you need flood insurance. If it falls from the sky, like rain, then you need homeowners’ insurance. If you don’t have both, then you might not be totally protected. The average flood insurance policy cost around $540 annually. That’s about $45 each month. Just three inches of water can cause more than $22,000 in damage. Read more: http://fox40.com/2012/11/27/simplifying-water-damage-insurance/#ixzz31ATnjKn3 Read more at http://fox40.com/2012/11/27/simplifying-water-damage-insurance/#R2qpEbM0C8Wjw391.99

Las Vegas is expecting a lot of rain over the coming Months, several inches that could cause damage to your home.

Are you properly covered? The answer is simple: if the water rises and causes damage, you need flood insurance.

If it falls from the sky, like rain, then you need homeowners’ insurance.

If you don’t have both, then you might not be totally protected. The average flood insurance policy cost around $540 annually. That’s about $45 each month. Just three inches of water can cause more than $22,000 in damage.

So if you weigh it out–Flood insurance is a must –especially  in the Las Vegas Valley to protect yourself against Las Vegas water damage and Mold.

Westside Restoration Las Vegas is available 24/7 for emergency water damage cleanup, repair and Las Vegas water damage restoration.  Call 1-877-785-4357 or visit http://www.westsiderestoration.com.

    Water Damage Insurance video.

We are expecting a lot of rain over the coming days, several inches that could cause damage to your home. Are you properly covered? The answer is simple: if the water rises and causes damage, you need flood insurance. If it falls from the sky, like rain, then you need homeowners’ insurance. If you don’t have both, then you might not be totally protected. The average flood insurance policy cost around $540 annually. That’s about $45 each month. Just three inches of water can cause more than $22,000 in damage. Read more: http://fox40.com/2012/11/27/simplifying-water-damage-insurance/#ixzz31ATnjKn3 Read more at http://fox40.com/2012/11/27/simplifying-water-damage-insurance/#R2qpEbM0C8Wjw391.99

Do’s and Don’ts in a Water Damage Emergency

• The first thing you should do is contact a water damage remediation company– Westside Restoration.
• Prevent Electrocution! Shut off power to all flooded areas. We’ll walk you through.
• Stop the Water! We’ll help you find and shut off the water source of the flood.

Do’s

• Do move valuable pictures, paintings and art objects to a safe dry place.
• Locate and remove from the affected areas all clothing, books, shoes, paper goods, and any other items that may be damaged by water and place them in an unaffected area.
• Do stay out of rooms where the ceiling is sagging.
• Do lift drapes off the floor, loop through coat hanger and hang from curtain rod.
• Always contact your insurance agent immediately to start the home owners insurance claims process.

Don’ts

• Don’t use your household vacuum to remove water.
• Don’t use electrical appliances while standing in wet area.
• Don’t wait to call for help, the longer you wait the more damage will occur
• Never ignore indications of an obvious water problem in your home. You should immediately attempt to find and stop leaks at their source.

For more information, or if you have Las Vegas water damage or Phoenix Water damage and are in need of a Las Vegas Water Damage Restoration Expert — contact the best Water Damage Las Vegas expert – Westside Restoration.  Visit http://www.westsiderestoration.com or call 1-877-785-HELP.

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