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March 20, 2024
Disaster Info Center at Commerce
As spring begins in Minnesota, it's a good time of year for you to consider: Are you prepared if a disaster strikes your home? Do you have adequate insurance - as a homeowner or renter - to cover your losses in case of a disaster? Commerce's Disaster Information Center is here to help, with tips to help you prepare for disaster, stay safe in your home and what to do after a storm.
Has your homeowner insurance coverage for storm damage changed?
To avoid surprises after you submit a claim for storm damage, be aware of possible changes to your homeowner insurance coverage. Homeowners insurance complaints to the Minnesota Department of Commerce have more than doubled since 2020, jumping from 569 to 1,185 complaints.
Many of those complaints are from homeowners concerned their claims were denied or they faced high out-of-pocket costs after damage from wind and hail. now have exclusions that narrow coverage or require significantly higher deductibles for wind and hail damage, and homeowners are not aware of the changes to their policy until after they file a claim. Check with your insurance agent to understand what your policy covers – and whether shopping might help you find a better deal.
To learn more visit: mn.gov/commerce/news
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Quick – close your eyes and describe every object in your home. Having trouble?
This is what you will be asked to do by an insurance adjuster should your home ever be damaged by a house fire, flood, windstorm, or other unforeseen disaster. It pays - literally - to keep track of your possessions ahead of time. Having a home inventory prepared in advance ensures that you receive fair compensation in an insurance claim as quickly as possible after a disaster.
Celebrating Weights & Measures
You may know Commerce from these stickers you see on gas pumps and grocery store scales!
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Check out these new videos to show the work our Weights & Measures inspectors do every day to protect Minnesota consumers and businesses by ensuring the accuracy of commercial scales and measures at business locations across Minnesota.
Weights and Measures' responsibilities include:
- Checking accuracy of gas pumps for fuel quantity and quality
- Checking that credit card readers at the pump have not been illegally fitted with skimmers used to steal credit card information
- Checking grocery food scales for accuracy
- Enforcing labeling and quantity of grocery and other food packages
- Regulating the sale and labeling of firewood
- Certifying weight-and-measure standards for private and government organizations
Curious to learn more? We're here for you every day: Weights & Measures
MN Commerce joins $1.5 million multistate securities settlement against crypto platform TradeStation
The Minnesota Department of Commerce is one of multiple states to enter into a settlement with TradeStation Crypto, Inc. The settlement resolves the investigation into TradeStation’s cryptocurrency interest-earning program. Read more.
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Claim your unclaimed property
Nearly 33 million people in the United States – 1 in every 7 – has unclaimed property, according to the National Association of Unclaimed Property Administrators. Take a few minutes to search online to see if you or a member of your family have money or property that you need to claim.
 Search Commerce’s Unclaimed Property now.
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