Home and Auto News:
BIG I Washington
Fall 2007 Credit Based Insurance Scores: Impacts on consumers of automobile insurance A Repot to Congress by the Federal Trade Commission, July 2007 The following is an Executive Summary of a 224 page report the Federal Trade Commission presented to the U.S. Congress on credit-based insurance scores. For a copy of the entire report, go to: http://www .ftc.gov
Libke Insurance
Kenneth J. St. Onge
American homes have increasingly become a hodgepodge between home and an office. It's believed that there are more people working out of their homes now than at any other time in history. And experts say it's time that the property/casualty insurance caught up with this trend. By the numbers, the home-based economy is massive. There were roughly 7 million selfemployed people who worked out of their homes in 2004 - the most recent year for which Department of Labor data are available. Typical homeowners policies do have endorsements that can cover limited amounts of home-based business exposures, but often these are too small or inadequate for homebased businesses.
