Tom's Tuesday Tip - Feb 13th

Question - Is it necessary to inform your home insurance about previous claims? What could happen if you don't disclose this information?

Answer - They will find out - disclosed or not. All insurance companies subscribe to C.L.U.E, reports (Comprehensive Loss Underwriting Exchange) where the claims will all show up. I once had an apartment building owner change insurance over to me and said he had 0 losses. Well 5 claims showed up but all with $0 paid out. When I asked him why there were 5 and he said “every time I called my agent, he told me to call the 1–800-claim number”. That is not a good agent, as 1–800-claims ALWAYS get reported to C.L.U.E.!

The restaurants of Williamsville is having a Soup Stroll on Feb 24 from 12:00 - 3:00 a can’t miss event - https://willvill.com/things-to-do/

The trivia answer is - Jackie Chan

Need insurance help, go here: https://www.larseninsurance.com/

We have some video to answer your questions: https://www.youtube.com/shorts/4gaVevgVTqk