In the wake of September 11th’s tragedies, insurers are quietly making good on their annual promises to pay losses. Interestingly, all policies exclude war related losses in a very broad way. However, America’s insurers are stepping up to the plate in the biggest way they ever have, declaring these losses as "terrorist acts" and not excluding coverage. Does that affect you? Absolutely!The whole principle of insurance is to spread the risk among those parties at risk. Even the largest multinational insurance companies use reinsurers to further distribute the loss potential by "laying off" a portion of every account limit. Reinsurers have already suffered significant losses in the past several years. Those costs are passed back to your insurer in higher rates. This will continue in a noticeable way. You will have your chance to help.