You are here:
- Home
- Money
- Personal Insurance
- Property & Casualty Insurance
Property & Casualty Insurance/Questions Answered by Expert Ronald Hicks, CIC, CRIS
| Subject | Date Asked |
| Sub-contractor's insurance | 9/3/2010 |
| Q: Our contractor is not paying us because he said that our insurance has ended already. He said that ... A: Your not going to like my answer, but I hope it does not sway you from giving me the appropriate ... | |
| WATER DAMAGE | 5/27/2010 |
| Q: First - thank you for or help . I don't know where to turn .. I own a condo outright in ... A: Where I live (NJ) the master deed and bylaws direct what the insurance policy must cover that the ... | |
| Condo Association vs. Condo Insurance | 5/5/2010 |
| Q: My boyfriend's condo on the top floor of the building was badly damaged by a fire that was set by a ... A: Your question is more of a legal question, but if the condo board did their due diligence, the ... | |
| (CPM)insurance on replacement value | 3/17/2010 |
| Q: I insured a machine, 5 years old, on replacement value under contractor plant and machinery section. ... A: Syed You will never get more than the amount insured for. If you have a coinsurance percentage on ... | |
| subcontractor | 2/18/2010 |
| Q: I was subcontracted to do some snow plowing for my buddies business. I was in the process of ... A: John the issue here is auto coverage and is not dependent on you adding snow removal to your general ... | |
| Insurance rates driving me crazy! | 2/4/2010 |
| Q: I have been with Liberty Mutual for 5 years now. I have a home owners insurance and auto insurance. ... A: Homeowners Insurance Home values mean nothing to an insurance company. They are never interested in ... | |
| DEFINITION OF CARPET | 1/28/2010 |
| Q: I HAD WATER DAMAGE IN MY CONDO. THE ASSOCIATION RULES STATES THAT CARPET IS NOT INCLUDED IN THE ... A: Different states have different condo insurance requirements. You did not list your state. The ... | |
| Putting a roof over my porch | 11/2/2009 |
| Q: I'm thinking of having my brother-in-law who works in construction put a roof on my existing back ... A: Brian Even before we discuss insurance, let me pass on a old saying, "Don't do business with ... | |
| Under the table injury | 10/11/2009 |
| Q: I was working for a man who ownes a ranch splitting fire wood and while doing so i split my foot and ... A: Parker This is actually not an insurance question because, it does not appear that there was ... | |
| PUD Insurance | 10/7/2009 |
| Q: We live in a multi-family PUD on the water which, since 1996 has had a master fire policy on the ... A: I think this brings up another question. What do the documents say? Does the master deed and ... | |
| condo insurance | 9/21/2009 |
| Q: I am confused on what to do. I bought a condo last year. The bank demanded I get a 1m liability due ... A: You have a very sticky situation. First and foremost, you need to know "what you own". When the ... | |
| walls in the basement bowing | 9/20/2009 |
| Q: I have walls in my basement that are bowing in at least 5 to 7 inch's due to us having a fire in the ... A: This is really a question for a claims expert but I will give you my best thoughts on the subject. ... | |
| hiring a siding person | 8/25/2009 |
| Q: I am building my own home as a homeowner. I want to hire a siding contractor who doesn't have ... A: Phyllis This is a state by state question. My stand pat answer is no. In my state, if he does not ... | |
| Diminshed Value | 8/25/2009 |
| Q: I got in an accident with a rent-a-car. My insurance will not cover diminished value claim (State ... A: Tim Have you tried to put this claim into your credit card company (not the bank but MasterCard or ... | |
| claim on common fire sprinkler leak repair | 8/21/2009 |
| Q: I own one of 12 townhomes in a Townhomes Homeowners Association in Florida. We are not a condominium ... A: Many associations in NJ require the unit owner to pay for the deductible of a covered claim that ... | |
| RCBAP definition | 8/15/2009 |
| Q: The NFIP offers flood insurance to residential condo associations. What is the definition of a ... A: This is not an insurance question. The definition of a residential condo association is not ... | |
| Florida condo flood insurance | 8/15/2009 |
| Q: We own a condominium in a hight risk beach area in Florida. The condo association carries $500,000 ... A: The Condo association's flood insurance should pay for common elements of the building and what the ... | |
| Homeowners insurance and engagement ring | 8/13/2009 |
| Q: I currently own a condominium w/ $15k worth of personal property insurance. My girlfriend also ... A: First the ring should be insured on what is called and inland marine policy more commonly known to ... | |
| Want to sue after insurance company felt they were not liable | 8/10/2009 |
| Q: i have a diagram http://bit.ly/XjRcx i was standing perpendicular in my car, looking for a ... A: You did not mention the state that this happened in. Some states utilize this "percentage at fault" ... | |
| condo association insurance | 7/20/2009 |
| Q: This would probably lead to more owners doing the same so association is edgy. Want to install ... A: There are several items to consider. The first thing to consider is how to make sure any defective ... | |
| Starting my own property and casualty business | 7/11/2009 |
| Q: Ive been licensed now with my L&H for 4 years, done well more in health than anything with life ... A: I do not know what state you are in. A state like NJ is difficult. Yes you have to go through the ... | |
| insurance clain | 9/19/2008 |
| Q: About 7 or 8 years ago my husband was doing some remodeling in our home and a nail hit him in the ... A: No You can not obtain a liability claim from your own insurance company. The liability is designed ... | |
| starting my business | 7/29/2008 |
| Q: i was thinking about starting my own car detail shop and was wondering what kind of small business ... A: Anthony... as far as sources of where to go, I can't do that without knowing where you are. Detail ... | |
| Property Claim | 4/17/2008 |
| Q: I own several homes in Minnesota and would like to submit multiple insurance claims on different ... A: David There is not enough information here to really say the answer. Are your properties all on ... | |
Property & Casualty Insurance
Answers by Expert:
- Kevin Hromas - JD, EGA, RPA, PLCS, WIND Umpire
- James R. Berliner, CPCU
- Fred Morris
- Harold E. Long, LUTCF, CLU, ChFC, RFC, RHU, REBC, CIC
- Dennis Smith
- James R Carrier
- Wim Desmadryl
- Bennie719
- Deanna Terry
- Thom Brooks
- Kristen Mulcahy, CIC
- Hal McFarland, CIC, ARM
- Jay K. Williams, AAI, AIP, CIC, CRM
- steve zimmerman
- Dominick Belinchak
Ronald Hicks, CIC, CRIS
Top Expert on this page
Expertise
I can answer questions regarding commercial insurance. My experience is geared toward construction risks. General Contractors, heavy contstruction, subs and the real estate they build. I also have a great handle on risk management including, safety programs, contractual risk transfer, cost segregation, benchmarking, claims management, and subscribe to the Total Cost of Risk theory in cost containment.
Experience
10 Years in the 15th largest brokerage in the country.
Organizations
NJ Builders Association
Builders League of South Jersey
Construction Finacial Managers Association
Sub Contractors Association of the Delaware Valley
National Association of Home Builders
Education/Credentials
Certified Insurance Counselor (CIC)
Construction Risk Insurance Specialist (CRIS). Should have CRM at the end of 2010
©2012 About.com, a part of The New York Times Company. All rights reserved.