It's true. One 2 Minute Call to Save Real $$$
Click to Call and Quote Them All

Category Archives: DC Insurance

District of Columbia Flag
District of Columbia Flag

District of Columbia law requires minimum Bodily Injury Liability coverage of $25,000 per injured person up to a total of $50,000 per accident, and Property Damage Liability coverage with a minimum limit of $10,000.

This basic coverage is often referred to as 25/50/10 coverage.

Hurricane Insurance Deductible Waived For Homeowners

Hurricane Sandy Deductible WaivedPost Date November 11, 2012 – Hurricane Sandy was the most destructive weather event in the northeast over the last 60 years.  The death and destruction from Sandy will be felt for decades.  Law makers in the effected eight states and the District of Columbia recently announced a temporary change in Homeowners Insurance Rules to help many of those affected.  To help reduce the sting associated with the expense from the mandatory hurricane insurance deductible, Insurance Commissioners in those effected states will waive the hurricane insurance deductible for that homeowner.

The burden of a Hurricane Insurance Deductible will not be a burden for Sandy homeowners victims

The trend started when Karen Weldin Stewart, the Delaware Insurance Commissioner stated homeowners in the “First State” would not be required to pay a deductible associated with Sandy’s Hurricane Insurance Deductible. On November 1st;  Pennsylvania’s  Governor Tom Corbett announced PA Residents would also not need to pay a hurricane insurance deductible.  It’s obvious a Hurricane Insurance Deductible would add an additional burden to Pennsylvania Homeowners already enduring the expense of cleaning up and rebuilding their lives after this devastating event. Homeowners insurance policies in PA have different types and names for their state deductibles. They can be called Tropical Storm, Named Storm or  just referred to as Hurricane.  The bottom line is the Super-Storm that plagued the northeast was named “Hurricane Sandy”.

The states affected by Hurricane Sandy are the following;   Pennsylvania, New Jersey, Maine,  Delaware, Rhode Island, Connecticut, Maryland, New York and the District of Columbia. This came as welcome news to many of our customers.  In many situations, I have customers with deductibles as high as $2500.00 for higher value homes or those whom are members of a Condo Association.  In those situations, It makes more sense to raise the insurance deductible which will lower the their insurance premium. In addition, a condo association can share the expense of a larger deducible by dividing up among the condo association members and lowering the overall risk.

-Mike

Michael E. Dortch
President &  Managing Agent
InsureDirect.com
Corporate Home Office
618 South Broad Street
Lansdale, Pennsylvania  19446
(800) 807-0762  ext. 206

 

Social Networking Scam is a growing threat – D.C. Regulators Say

Social Networking Scam is a growing threat – D.C. Regulators Say

Wednesday’s Post 11/02/11 – Even in cyber space, it’s easy to deceive or even swindle internet users, says The Washington D.C. Department of Insurance, Securities and Banking.   To avoid  being tricked by others on the world-wide web, people should make sure that they know whom they are transacting with on the internet, especially when it involves buying investments or insurance is done through… Continue Reading

InsureDirect.com offices Shake From Earthquake

On Tuesday August 30, 2011,  a strong earthquake rattled the East Coast of the US starting in the State of Virginia. The earthquake was so strong that it could be felt as far as Pennsylvania and inside the corporate offices of InsureDirect.com in Lansdale, PA which is 35 miles northeast of Philadelphia and all the way to Canada. The… Continue Reading