U.S. Doctors say lawsuits help Guarantee Drug Safety

The supreme court rules this year that manufacturers of FDA -
approved medical devices were shielded from litigation in state courts. 
Should the same statue apply to the law that governs medications?

Insurance Trivia / Am I Covered

Special Guest:

Christine Forakis

Estate Planning Attorney

Term of The Week
Peniaphobia
the fear of poverty. from our labor day trivia question regarding the reason that most people work is that they have Peniaphobia.  The fear of poverty

Larry's Tip of The Week
On last weeks show I told you about the 3 red flags when it comes to making a homeowners insurance claim and that the decision to file a claim could put your name into a database that makes it difficult to get or maintain coverage in the future.  perhaps even make your premiums higher.

The vast majority of insurance  claims are recorded in a data base known as CLUE.   "Claim Loss underwriting Exchange"  What you need to know is that more than 98% of insurance companies provide loss data to this report.

Did you know that when you purchase a home and apply for coverage  the insurance company looks in the CLUE data base and not only can see all the claims you filed but they also have access to all the claims filed on the home you are considering purchasing.

If the insurance company finds a history of mold or water damage, or other claims they don't like, the new buyer may have trouble getting home insurance on that home or may be surcharged higher than normal premiums. 

When you are considering the purchase of an existing home before you sign on the doted line, get yourself a copy of that CLUE report. Think of the CLUE report as similar to a CARFAX.

To get a free copy of your CLUE report, contact Choice Point 888-497-0011. 
You can find this link on our resource page.