On this week’s episode of THE FINANCIAL COMMUTE, host Chris Galeski welcomes Justin Pizzola, co-CEO of Greyhawk Insurance, to discuss homeowner’s insurance coverage.
Here are the key takeaways covered in their conversation
- Flood insurance can be very complex, as internal water damage is generally covered but external water intrusion is not typically covered without specific insurance.
- While insurance typically covers accidental water discharge, it does not cover wear or tear or aging infrastructure.
- They also discuss fire insurance, as the impact of fires in California has led to higher premiums and stricter underwriting, forcing some insurers to exit the California market.
- It is very important to understand your homeowner’s policy thoroughly to ensure you are protected in unpredictable situations.
- Justin discusses Gray Hawk's role in developing innovative insurance programs by partnering with risk retention groups, reinsurance companies, and carriers to address market gaps and offer solutions. Visit
www.greyhawkinsurance.com to learn more.
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Disclosure: Information and references to specific investments presented herein are for illustrative purposes only and subject to change without notice. It is not intended as investment advice and should not be construed as an offer or solicitation with respect to the purchase of any security. Investment opportunities described may only be available to eligible clients and involves a higher degree of risk. Each investment opportunity is unique, and it is not known whether the same or similar type of opportunity will be available. Morton makes no representations as to the actual composition or performance of any security. All investments involve risk, including the loss of principal. Past performance is no guarantee of future results. There is no guarantee that the investment objective will be achieved. Morton Wealth makes no representation that the strategies described are suitable or appropriate for any person, and should not be assumed that Morton will make investment recommendations in the future that are consistent with the views expressed herein. You should consult with your financial advisor to thoroughly review all information before implementing any transactions and/or strategies concerning your finances. The views and opinions expressed by the speakers are as of the date of the recording and are subject to change.
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