Jayne Allen's Page

If you knew, for a fact, that your home or business would burn to the ground tomorrow, would you buy the cheapest insurance policy you could find? Or would you want to be sure that you were getting the best possible coverage?

So, what I want to know, is when did cheapest, become the best? When did insurance become a commodity? It has always been something that is price sensitive, however it really all started with a certain Gecko, and grew from there… I’m a bit of a media junkie, and I can’t wa… Continue

The preliminary results of the Jesusita are in. Over 60% of the homes lost or damaged in the Jesusita Fire were underinsured. What does this mean? Well, let’s say you are standing in a pile of ashes and rubble that was once your living room, and your contractor is telling you that it’s going to cost $425,000 to rebuild your home. You look at your insurance policy, and the dwelling coverage limit is $200,000. That means, your insurance company is going to write you a check for $200,000, and you’l… Continue