What Caused the Damage and Who Cares?

“What” is very important, and “You” care, or at least you will when “What” happens. Suppose that “What” is a bolt of lightning that starts a fire in your house; or that “What” is a vehicle that missed the turn and drives through the front window of your business; or that “What” is a thief lurking when nobody is around…You care, don’t you?

In the event of a property loss to your residential or business property, the “Cause of Loss” portion of your policy is very important. There are generally three variations of coverage for a property loss. A “Basic” cause of loss will only cover one of the three items listed above, whereas “Broad” coverage would cover two and “Special” would cover all three.

Naturally, we recommend “Special” coverage in almost every circumstance. However, there may be some instances, such as in the case of a vacancy, in which a lesser form is offered instead by the underwriters.

It may also be that your situation has changed from what it was in the past and you are now eligible for a coverage type that you do not have currently. We encourage you to review your policy to make sure you are aware of your current coverage. Please reach out to our office if you have any questions or need any clarification on your policy.

Joshua D. Crowder, AAI-M

Joshua D. Crowder, AAI-M

Josh joined the Merriam team in 2011 in a management and production capacity. He holds a BS in Economics from Siena College and has more than 10 years in the Commercial Banking and Municipal Finance arenas. Josh holds his New York State Property and Casualty, and Life, Accident and Health licenses. He is currently pursuing a Master’s Degree from Mid America Baptist Theological Seminary, and is simultaneously studying to increase his depth of insurance knowledge. Josh is married and the father of six children. He is thrilled to have the opportunity to provide his clients with the personal attention and value in service that they expect.

Operations Manager
Schenectady, NY

Toll-Free:
(877) MERRIAM x 224
(877) 637-7426 x 224

Joshua D. Crowder, AAI-M

About Joshua D. Crowder, AAI-M

Josh joined the Merriam team in 2011 in a management and production capacity. He holds a BS in Economics from Siena College and has more than 10 years in the Commercial Banking and Municipal Finance arenas. Josh holds his New York State Property and Casualty, and Life, Accident and Health licenses. He is currently pursuing a Master’s Degree from Mid America Baptist Theological Seminary, and is simultaneously studying to increase his depth of insurance knowledge. Josh is married and the father of six children. He is thrilled to have the opportunity to provide his clients with the personal attention and value in service that they expect.

Operations Manager
Schenectady, NY

Toll-Free:
(877) MERRIAM x 224
(877) 637-7426 x 224