Otterstedt Insurance Agency Blog | Insurance Questions Answered

What Effect Does My Credit History Have on My Insurance?

Written on May 16, 2016.

Insurance companies use many different pieces of information about you in order to determine your insurance rates. One of the more surprising “ingredients” in this mixture of information is your credit score. Your credit score drives your creditworthiness, or your likelihood to pay back debt,...

Who Needs Errors and Omissions Insurance?

Written on May 1, 2016.

Errors and Omissions Insurance (E&O), often referred to as professional liability insurance (PLI) or professional indemnity insurance (PII) coverage, is vitally important for people in many different fields. Almost anyone who provides advice or a service as part of the daily job can...

4 Things Every Homeowner Should Ask Their Insurance Agent

Written on April 21, 2016.

Your home is your castle. It is your shelter from the world – a place of comfort and safety for you and your family. It’s important to get the right kind of insurance protection for your home so that when disasters occur, you can get your home, and life back, back in order as quickly as...

Why You Should Bundle Your Home and Auto Insurance

Written on March 18, 2016.

If you watch television, you’ve probably heard about the possibility of bundling insurance policies, but you may not fully understand what it involves or what it can mean for you and your insurance coverage. Bundling occurs when you purchase more than one policy from the same insurance company...

How Do I Know If My Contractor Is Insured?

Written on March 10, 2016.

So you hired a painter to come in and paint your family room. He came well recommended from a good friend who said he did a great job and that the price was fantastic. You interviewed him and he said all the right things and your friend was right – the price was fantastic. You shook hands...

Thinking of Getting a Drone? Think About Insurance

Written on March 6, 2016.

If you are someone who likes to keep up with the latest gadgets and are thinking about adding a drone to your “toybox,” you should probably check your homeowner’s or renter’s insurance policy to see if you are covered for damage to it or damage it might cause. Or if you are a business...

My Auto Insurance Company Canceled My Policy, Now What?

Written on February 23, 2016.

You go to the mailbox and find that there is a letter from your auto insurance provider. The letter states that your policy has been canceled, and you are completely blindsided. You can’t help but wonder why your policy has been canceled, and you don’t know what you should do about it. Here is...

Do You Need Flood Insurance in an Apartment?

Written on February 5, 2016.

Keeping your home protected is one of your top priorities. This is just as true for renters as it is for homeowners. While you can try to prevent damage or theft from impacting your home or apartment, there is one thing that you can’t prevent: the weather. If you are a renter, you may be...

Attorney Malpractice Insurance

Written on January 15, 2016.

Just the way all attorneys are not alike, all attorney malpractice insurance policies are not alike, either. All such policies provide coverage for professional negligence which is legal liability resulting from professional services arising out of the delivery of legal services. The...

What Does Renters Insurance Cover?

Written on December 28, 2015.

If you rent your home or apartment, you should seriously consider getting renters insurance. True, your landlord is responsible for insuring the building against fire and other disasters, but neither your personal property nor liability is covered by your landlord’s insurance. Protect against...