Japan Tragedy

Recently a Massachusetts home (& auto) insurance client e-mailed our Agency asking about their home insurance coverage.

I e-mailed him back mentioning that his homeowner policy provides “all-risk” coverage with the notable exclusions of:  Flood, Earth Movement & Nuclear Disaster.

He noted the sad plight of the Japanese people and the disasters (uninsured disasters) they have recently suffered.

Furthermore, we recently received correspondence from NADA Used Car Guide which states:

“Due to rapidly evolving events in Japan that have dramatically affected the market for new and used vehicles in the U.S., NADA has issued an update to some passenger car values in the April 2011 edition of the NADA Official Used Car Guide.”

You can visit NADA online at:  http://nada.com/

Leave a Reply

Your email address will not be published. Required fields are marked *