Tag: earthquake coverage

How to Lower the Cost of Your Home Insurance

Guest Author
home insurance costs

Just by making a few tweaks, your home insurance costs can differ by hundreds of dollars. There are many variables that go into determining the costs of your home insurance and by being informed about what impacts these calculations you can make a more knowledgeable decision when purchasing your policy. An insurance broker is one of your best resources when it comes to shopping around and comparing policies, so be sure to enlist the help of yours for when you need help purchasing coverage. Also, a broker will be able…

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Earthquake insurance rates set to increase in certain areas

S.Vagus

Spurred by news of recent earthquakes that rocked New Zealand and Chile, as well as tumblers felt in the United States, State Farm has been raising their rates for earthquake coverage. The recent wave of tremors in Arkansas has provoked the insurer to make the first significant raise in its rates in the state in 15 years. The premiums were unchanged from 1997-2007. Adjustments were made in 2008 and again in 2010, but were relatively minor. Spokesman for State Farm, Gary Stephenson, says that insurance premiums change all the time.…

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