Unpacking Insurance: From History to Homeownership – What You Need to Know!

Insurance Hour with Karl Susman

In this episode of Insurance Hour, Karl Susman dives into a range of insurance-related topics, focusing on educating listeners about the fundamentals of insurance. Karl begins by exploring the history of insurance, tracing its origins to the 14th century and the evolution of mutual agreements into modern commercial policies. He highlights how the industry has grown, citing Lloyd’s of London as a key example. The discussion then shifts to how insurance is regulated in the U.S., with each state having its own Department of Insurance, and how that affects policyholders.

Karl also answers a listener's question about purchasing a home in an area where insurance companies refuse to write policies. He explains the possible reasons for an insurer's reluctance, ranging from the property's condition to its location. Additionally, Karl covers alternative options like surplus and non-admitted insurance markets.

Karl emphasizes that while claims adjusters are key players in settling claims, they are also people who can have good or bad days. He offers advice on how to handle disputes over claims, reminding listeners that there are escalation processes and regulatory bodies they can appeal to when necessary.

The episode concludes with a deep dive into various types of insurance agents—captive, employee, and independent—and tips for dealing with claims.

Insurance Hour is hosted by renowned insurance expert Karl Susman. Karl is a frequent guest on television stations such as ABC, CBS, Spectrum, The CW and FOX, and now his popular radio program is available online throughout California and world-wide.
Listeners can now tune in to Insurance Hour on great AM radio station KMET throughout the state of California.

In addition to traditional radio, Insurance Hour is available on several popular streaming platforms, ensuring that listeners can access the show at their convenience.
Audiences worldwide can now enjoy Insurance Hour at InsuranceHour.com, on YouTube, Amazon Music, Tuneln, Alexa, Apple Podcasts, and the iHeartRadio app.
For more information about "Insurance Hour" and its programming, please contact Lara Starr at [e-mail]