If you’re looking for car insurance in Cincinnati Ohio give us a call at 513-662-7000. 

We represent the top rated insurance carriers in this area. You can also receive an online quote by clicking on Pathway Insurance Quotes.

There is one critical step you need to keep in mind when you’re shopping for the best car insurance rates in Cincinnati.

Insurance Policies Contain Exclusions That Can Cost You Thousands!

Each insurance company provides their policyholders something called an insuring agreement.

Don’t confuse this with the declaration page that you receive with your company at each renewal. The insuring agreement is the heart and soul of your insurance protection because it explains what the insurer will cover, and more importantly what they will not cover.

It’s rare that policyholders actually read their insurance policy from cover to cover and that might explain why hundreds of thousands of complaints are filed against insurance companies each year for claim denial!

Four Steps to Avoid a Car Insurance Claim Denial for Car Insurance Cincinnati Ohio

The Very First Step: You should take time to read the entire policy insuring agreement.

Especially should you read your insuring agreement if your insurance carrier notifies you of changes in the terms or conditions of their coverage. Insurance companies have a tendency to make changes within their policies that in some cases are to your detriment!

The Second Step: You should ask for clarifications if you don’t understand what you’re reading.

Insurance policies are written by… Attorneys that have developed a language that they themselves only understand, that language is called legalese. Your insurance policy is loaded with legalese that may make it difficult for the average person to understand all of the particular facets of your insurance coverage.

Who should you get clarification from? You might first start by contacting your agent as many may feel that they would be in the best position to provide a clarification. However you should be aware that some insurance agents selling insurance coverage may be just as clueless as those who buy the insurance!

But on the other hand there are a few agents who are experts in the insurance arena. For instance we are the only Cincinnati independent insurance agency that offers a coverage checklist that can help policyholders avoid the 90 most frequent claims that are denied by insurance companies that are completely avoidable! Click here to learn more about the Pathway Coverage Checklist.

The Third Step: If you cannot get a clear answer from your insurance agent contact the insurance claims Department.

Why contact the claims Department? Because they are the ones that write the checks for claims and or send out claim denials! If you have a really good insurance agent and they are not aware of what the answer is, they will contact the claims Department for you.

The Fourth Step: Avoid activities that you know are excluded.

Sometimes people like to take shortcuts on their insurance to avoid paying higher insurance premiums. About six years ago a brand-new policyholder came into our office and they wanted car insurance. I personally went through the application with this new client, asking all of the underwriting questions.

One particular question specifically asked if the policyholder was going to use his vehicle for delivering pizzas, newspapers, or food products. He said no, he signed the application and guess what happened three weeks later?

He wrecked his car delivering a pizza!

His insurance company naturally refused to provide coverage and denied the claim and he had to pay $4,000 out of pocket because he decided to tell a little white lie on his insurance application!

In summary you will want to make sure that you invest some time to read your insurance policy, ask for clarifications from your agent or the claims Department if you’re not sure if something is covered or not.

Finally don’t try to take shortcuts with your insurance policy, it could very well cost you thousands of dollars out of pocket if you do so.

Regrettably Insurance Is Far More Complicated Than the Price You Pay for It. ™

That’s why you need a highly skilled agency to care for your insurance needs. Next time you are shopping for Car Insurance, why not call us at Pathway Insurance? 

We can help you choose the best homeowners insurance coverage options for your individual needs. 

Insurance companies in Cincinnati advertise essentially the same message. We can save you money on your insurance call us for a quote.

The problem with assuming price is the most important factor in the decision making process is that not all home insurance policies are identical.  You can have the same limits or liability and property coverage, and the claims result can be different!

So in other words it can be a mistake to make a buying decision purely on the price you pay for your homeowners insurance in Cincinnati!

The Most Common Type of Homeowners Policy Sold has Big Gaps In Protection!

For example the most common homeowners insurance policies sold across the country is the HO3 homeowner’s policy form. Your insurance company may not call it the HO3 policy they may call it the “Protector” homeowners insurance policy, or some other sophisticated name that depicts a sense of security for their policyholders, but in reality it’s a standard HO3.  

Additionally insurance agents and companies may not tell you that a much better homeowner’s insurance endorsement could be available to you for only a small increase in price that increases your protection significantly.

In a previous article we discussed how the HO3 homeowner’s insurance policy would exclude coverage for mysterious disappearances of jewelry.  You can read this article by clicking here.

The HO5 homeowner’s policy could provide coverage for mysterious disappearances of jewelry whereas the HO3 would exclude it simply because it is not named as a peril in the policy that would be covered. (There may be internal limits check your individual Cincinnati homeowner’s insurance policy for details if you have the HO5 policy.)

The HO5 Homeowner’s Insurance Policy Is a Superior Policy. Why?

The HO5 homeowner’s insurance policy eliminates named perils coverage. Notice this coverage definition with one insurance company:

We cover risks of direct physical loss to property under the Dwelling, Other Structures and Personal Property Coverages, except for losses excluded by the exclusions in Section I of your policy

In contrast the HO3 homeowner’s insurance policy requires that the event that caused damage to your personal property be named in the policy.  If something damages your personal contents and it is not named in the policy, coverage would not apply. (This leaves you open to hundreds of different claims scenarios in which coverage would not apply under the HO3, but would be covered under the HO5.) 

Choose Your Homeowner’s Insurance Policy Carefully, but Choose Your Cincinnati Insurance Agent Even More Carefully.

Looking for homeowners insurance in Cincinnati Oh?

If so call the home insurance experts at 513-662-7000 or for an instant rate quote click: Homeowners Insurance Cincinnati Oh.

You Need to Be Aware of Certain Pitfalls When You Purchase Homeowners Insurance.

The most commonly sold policy by insurance agents is the HO3 policy. It’s likely that the policy you have purchased is the HO3.

There Are Significant Drawbacks to the insurance Policy Form HO3, What Are They?

The HO3 homeowner’s policy only protects your personal contents or personal property on a named perils basis.  Basically what that means is that if your personal contents are damaged or destroyed by some type of event or occurrence.  Whatever caused the damage or destruction must be named in the policy to be covered.

Hence named perils coverage.  Click here to review what is typically covered by a named perils policy.

One Example of a Personal Property Claim Not Covered by the HO3 Homeowner’s Insurance Policy.

 Misplaced Jewelry

Claim Scenario–You own several valuable pieces of jewelry including your wedding ring that your husband gave to you with a value of approximately $1000.  The first thing that you do after you step out of the shower is to put on your wedding ring before you go shopping. As you open your jewelry box to retrieve your wedding ring you can’t find it.   In a bit of a panic you look in the kitchen, then the spare bathroom you cleaned yesterday.  You call your husband at work and he tells you he hasn’t seen your ring laying around he then suggests it may have fallen down the pipes, so you call Henry a neighbor who is a retired plumber to see if he could disconnect the pipes. Henry comes over disconnects the pipes but can’t seem to find your ring. Your husband suggest that you turn a claim into your homeowners insurance company and two days later an insurance claims adjuster calls you to let you know that your policy does not cover mysterious disappearances as it is not a named peril on your homeowners insurance policy.

There are literally hundreds of different claims scenarios that a homeowner could find themselves in which a claim denial would result when you own the HO3 Cincinnati Homeowners Insurance Policy. 

A ground-breaking new book written by Jack Thomas, a local Cincinnati insurance expert, exposes the real truth about insurance that many consumers are completely unaware of… i.e. What you don’t know about your insurance could ruin you financially. (Publication date is pending)

Choose Your Cincinnati Insurance Agent Wisely

When looking for Homeowners insurance Cincinnati Oh, you need to keep in mind that is not as easy as comparing the price that you pay for the insurance.  Call 513-662-7000 to discuss your insurance needs with our insurance experts, or click here to receive online home insurance quotes in all 50 states.