Anthony Ruggeri (NJ) on Blogger: June 2019

Tuesday, June 11, 2019

Understanding Additional Living Expense Insurance Coverage

Anthony Ruggeri started as a claims adjuster with an insurance company based in Marlton, New Jersey (NJ) and moved to higher positions with various insurance companies. A southern NJ resident, Anthony Ruggeri currently serves as program claims manager of Armour Risk Management Limited, where his duties include dealing with additional living expense (ALE) coverage claims.

ALE coverage is a standard component of the majority of condo, renters, and homeowner’s insurance policies. If a fire or other covered disaster causes your home to be unlivable, ALE may help pay the additional expenses, through reimbursement, for living somewhere else while repairs are made.

It can cover restaurant meals, hotel bills, pet boarding expenses, and other living costs that arise while your home is undergoing repairs. In most cases the ALE coverage limit is 20 percent of the house insurance; this limit varies from company to company. Keep in mind this is for additional expenses incurred due to a disaster; it can’t be used to pay for a family member’s tennis lessons.

About Anthony Ruggeri

A graduate of Rowan University in NJ, insurance professional Anthony Ruggeri belonged to the debate team and served as the president of the Forensics Society while completing his bachelor of arts in communications. Since receiving his undergraduate degree, Anthony Ruggeri has completed graduate education in business at Thomas Edison State University in Trenton, NJ, and has received multiple certifications from the Insurance Institute of America.

Ruggeri began his insurance career in 1984 as a claims adjuster at Crawford and Company, a role in which he gained experience handling claims from across the insurance sector. He furthered his knowledge in this area in his next position as a claims supervisor and manager for the CNA/Continental Insurance Company. During his nearly decade-long tenure with CNA, he maintained a closing ratio of greater than 95 percent and was selected to serve on the firm’s Home Office Re-engineering team.

Since that time, Anthony Ruggeri has held claims management positions with insurance companies such as the Legion Insurance Company, GAB Robins North America, Inc., and the Farm Family Insurance Company. He draws on this experience in his current role as a claims program manager for Armour Insurance Group in Philadelphia, where he leads a team of supervisors and agents who handle general liability, auto, litigated and non-litigated property, and other claims throughout the United States.