Entries by Tosten

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 […]

Understanding Recoverable Depreciation

Chances are that you have never heard the words “Recoverable Depreciation,” unless you have had a homeowners insurance claim. If you have had a homeowners claim, and are staring at that word, you probably don’t know what it means, are also staring at a check, and might even be a little bit angry the check […]

Ancillary Auto Insurance Coverage

So we have already seen how we insure an auto for its primary coverage options. We cover liability, uninsured/underinsured motorist coverage, medical payments, collision, and other than collision, which would all be primary coverages. There are a few ancillary coverage options that vary from company to company, so it’s important to ensure that if these ancillary coverage options are […]

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Insurance Coverage Forms

Insurance coverage isn’t always the same. Understanding what is covered under your insurance coverage form is important. Sometimes you will hear agents throw out the terms basic, Broad, or Special in regards to the coverage. These are called coverage forms, and they basically indicate what the policy will cover you for. Other times they will […]

Insurance Reality Check

I have heard it said that insurance isn’t worth the paper it’s written on when a claim happens. As an insurance man, that pains me, because regardless of the product, most problems with claims are related to misunderstandings and misplaced expectations. One of the biggest issues investors run into is assuming something is covered, when […]