Entries by Tosten

Section 1 of a Home Insurance Policy

Some of the most important insurance concepts that can affect you, aren’t commonly discussed, here’s a guide to some of the major issues. Section I odds and ends A couple of final thoughts, as we wrap up section I: Deductibles, Loss Settlement, and Valuation. Since there is much to be said on each of these […]

Coverage B Other Structures

If Coverage A provides insurance coverage for the dwelling and things that are attached to the dwelling, “Coverage B Other Structures” provides insurance coverage for all structures that aren’t connected to the dwelling. In this case “structures” is a complicated way of saying anything that is constructed.  For example, a detached garage (remember an attached garage would […]

Rental Property Insurance Coverage – Section 1 Coverage

Protecting your stuff is why you purchase insurance. The section I coverage of a rental property insurance policy tells you what will be covered and how. Rental Property Insurance Coverage – Section I Coverage Section I – The part of insurance you care about Every insurance policy has sections. On a rental property insurance policy […]

Risk Management

Let’s get real for a second. You are investing in real estate. You need to protect the asset, the cash flow, your business. So you buy insurance, but managing the risks you face is more than just buying an insurance policy. There are several types of risks you face. Some are insurable, some are not, […]

What is an Independent Agent?

An Independent Insurance Agent is someone who represents multiple Insurance companies. This means that they can shop the market to find you the coverage you need at the best price. Year after year after year. Because unlike some insurance agents that represent one insurance company, independent agent represent many. In the insurance industry there are […]

Insurance Rates

The most common insurance question on the planet is “How is it that I haven’t had a loss in years and my insurance rates keep going up?” Even as an insurance broker with years of experience I have asked that question of my own insurance companies, and I can certainly empathize my customers. Trust me, […]

Why Do We Buy Insurance?

Why do we purchase insurance? It’s for the coverage. There are certain risks in life that we have to take, but we don’t necessarily have to take unnecessary financial risk, especially related to damage to our assets or damage that we cause to others. That’s why we purchase insurance. If a bunch of people pool […]

Why Buy RV Insurance From Us?

Gila Insurance Group LLC has a long history in the RV Insurance market. First the key employees worked for International Insurance Group, Inc, and then bought the RV Insurance business from International Insurance Group. Bottomline? We have years of experience and are a leading provider of RV, Motor Home, Travel Trailer and Fifth Wheel Insurance. […]

Landlord Insurance Checklist Explanation – Liability

Gila Insurance Group has put together a landlord insurance checklist of things you should discuss with your Insurance agent. While it’s nice to have the list, the question is why are these so important? Here we will break this down, and explain piece by piece why you need to have these conversations. Liability Liability Insurance […]

Perils Insurance

Perils insurance against, what in the world does that mean. Here’s an insurance guy trying to explain the insurance options for rental property insurance. Rental Property Insurance Coverage – Section I policy Form – Perils insured against. Demystifying the stuff coming out of your insurance agent’s mouth Perils insured against…. What does that mean? Let’s […]