In 1980, I owned a men’s clothing store called Eddy J Fashions located in the Orange Blossom Shopping Center. In September 1980, a fire occurred in one of the rear stores that caused smoke damage to 13 stores in the shopping center. I was called by the sheriff’s department at 3 am and I was told to hurry down. My store was directly behind the store that took fire, and received the most smoke and water damage of all; all the merchandise was damaged and had to be replaced. I called my insurance company that morning to file a claim. My insurance agent informed me that we had only $50,000 in coverage rather than the expected $500,000. The agent and I had gone over the renewal of the policy only months (June, 1980) before and the coverage was increased to $500,000 but for some reason that was not the case. IOWA National Insurance Company paid the $50,000 and in October, 1980 the company went bankrupt. I lost ten years of my life due to the agent not doing his job. That is why I became an insurance agent so my clients would never have to experience what I went through that September morning, 36 years ago.
Please call Ed today to discuss your insurance needs.