Farmers Sells a Policy that Is Far Worse then Its Competitors – Review of the Farmers “Next Generation” Homeowner’s Policy, Part 3: Overhead and Profit

Robert Trautmann | Property Insurance Coverage Law Blog | July 29, 2015 The title of this blog is a quote by Chip Merlin after we discussed some of the issues that have been popping up in my continued review of the Farmers “Next Gen” policy. During this review, I realized this policy is really the gift… Continue reading Farmers Sells a Policy that Is Far Worse then Its Competitors – Review of the Farmers “Next Generation” Homeowner’s Policy, Part 3: Overhead and Profit

Review of the Farmers “Next Generation” Homeowner’s Policy, Part 2: Appraisal

Robert Trautman | Property Insurance Coverage Law Blog | July 22, 2015 In Part 1 of my review of the Farmers “Next Generation” Homeowner’s Policy, I explored Farmers; new definition of Actual Cash Value. In this post, we are going to explore the new appraisal clause offered by Farmers. The standard appraisal clause in an HO-3… Continue reading Review of the Farmers “Next Generation” Homeowner’s Policy, Part 2: Appraisal

Review of the Farmers “Next Generation” Homeowner’s Policy, Part 1: Actual Cash Value

Robert Trautman | Property Insurance Coverage Law Blog | July 17, 2015 Anyone who has made their living in the insurance claims business over the last few years has heard of the Farmers “Next Gen” policy. I thought it would be a good idea to look at this policy and compare it to the standard HO… Continue reading Review of the Farmers “Next Generation” Homeowner’s Policy, Part 1: Actual Cash Value

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