Homeowners insurance is depreciating in value in Alabama

Alabama homeowners insurance

Insurance agents are worried about the value of policy throughout the state Insurance agents in Alabama have begun expressing concerns regarding the depreciation in the value of policies in the state’s wind pool. Alabama insurance agents are beginning to suggest that consumers are beginning to gravitate toward policies that are inexpensive, but have little to no ability to cover the costs associated with recovering from a major natural disaster. As such, consumers are facing a significant degree of financial risk which may also be being felt by insurance companies. Lack…

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