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Is Your Roof Covered By Your Home Insurance?

July 26, 2023 Guest Author

Your roof is one of the most important parts of your home. It protects you from the elements and keeps your home safe and dry. But what happens if your roof is damaged? Is it covered by your home insurance? The answer to this question depends on a number of factors, including the type of damage, the cause of the damage, and your insurance policy. However, in general, your roof is covered by your home insurance. Home insurance policies typically cover damage to the structure of your home, including…

Five Natural Disasters You Need to Be Insured Against

July 30, 2021 Guest Author

In the past few years, natural disasters have gone from being freak occurrences to a regular part of life. One of the classic examples in recent years is the wildfires that tear through California every year now with scary regularity. As climate change worsens, it is important that your business is fully insured against natural disasters, no matter whether you live in a disaster zone or not. In order to help you get insured as best as possible, then it is necessary to read this guide about disasters to be…

How Climate Impacts Your Property Insurance Costs

July 24, 2019 Guest Author

climate change and property insurance costs

There are plenty of factors that can impact your property insurance costs, from your location and the size of the home to the contents, but one thing that homeowners may not be prepared for is how climate is now affecting their premiums. A recent report released shows Canada is warming up at twice the rate of the rest of the world; this has left insurance providers feeling uneasy. That uneasiness is most likely going to translate to a rise in premium rates. So how exactly does climate impact your property…

Insurance industry slammed by earthquake in Nepal

April 30, 2015April 28, 2015 Nordstrom

6.7 quake causes severe property damage in Nepal Nepal, a relatively small country bordering India and Tibet, has been struck by a major earthquake that is expected to produce a large number of claims for the property insurance industry. Over the past weekend, the country suffered from a strong earthquake, which caused significant damage to property near its epicenter. The earthquake was recorded as a magnitude 6.7, with its epicenter being approximately 10 miles south of Kodari, the border crossing from Nepal into the Tibet Autonomous Region. Insurance industry works…

Powerful M7.8 Earthquake Strikes Iran-Pakistan Border

April 17, 2013April 17, 2013 Guest Author

According to catastrophe modeling firm AIR Worldwide, just after 3:00 p.m. local time (10:44 UTC) on April 16, a powerful M7.8 earthquake struck… a sparsely populated area of southeastern Iran about 50 kilometers (30 miles) from the country’s border with Pakistan. According to the United States Geological Survey (USGS), the earthquake struck at a depth of 82 kilometers (51 miles). The Iranian Seismological Center characterized the quake as the worst to strike the country in 40 years. It was felt as far away as New Delhi, India, and the…