Tag: Homeowners Insurance

Thanksgiving safety tips to help you prevent an insurance claim

Julie Campbell
Thanksgiving safety tips - Dining Room

A few common sense changes can be all it takes to make sure your family and celebration is joyous. This year, one of the things you may be giving thanks for is the right set of Thanksgiving safety tips to keep your family and home protected. By following a few little common sense rules, you can prevent danger, damage and the need to file an insurance claim. During the holidays, the kitchen is the heart of your home, so keep it safe and healthy this year. Thanksgiving safety tips are…

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Renters and Homeowners insurance coverage helps evacuated residents

Logan B.
Homeowners insurance coverage - Evacuation Route - Sign

Regardless of whether or not the California wildfires have caused damage, policies are still helpful. People affected by emergency evacuation orders may benefit from their homeowners insurance coverage regardless of whether their homes are damaged. Home and renters insurance policies cover more than just damage caused by wildfires in the area. “With sometimes only minutes to evacuate, residents often escape with only the clothes on their backs,” said California Insurance Commissioner Dave Jones. Hundreds of thousands of people in California have been affected by evacuation orders as a result of…

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Home Safety Tips Your Insurance Agent Wants You to Know

Julie Campbell
Home Safety Tips - Keeping Your Home Safe - Hands holding home

Some maintenance steps are more obvious than others, but here are some you may have missed. Some home safety tips are pretty obvious. There’s no mystery that your insurance agent would want you to make sure your smoke detector is functioning. Yes, it’s a good idea to be sure your gutters are clear, particularly after the leave have fallen but before the snow begins. However, there are certain home safety steps you can be taking that you may not realize. Following certain home safety tips can make a tremendous difference…

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Insured Hurricane Michael losses estimates as high as $8 billion

H. Cutner
Hurricane Michael losses - Money

The devastating storm crashed through 4 states, leaving the most damage behind in Florida. The insured Hurricane Michael losses could be as high as $8 billion, according to Karen Clark & Company. The Boston-based firm is an insurance company that creates catastrophe models. The insured losses estimate includes the privately insured storm surge and wind property damage. The Karen Clark & Company (KCC) insured Hurricane Michael loss estimates included those to residential, commercial and industrial properties as well as vehicles. The estimates include damage from wind and storm surge. That…

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Total Hurricane Florence damage estimates now up to 11 figures

Logan B.
Hurricane Florence Damage - Flooding

The home and business property damage done from the storm’s flooding is notably higher than expected. The estimated Hurricane Florence damage total from the extreme flooding is considerably higher than previously predicted. The water and wind has left damage that is now estimated to be in the 11 figure range. Repairs from the damage that slammed the Carolinas and Virginia will be very costly. North Carolina was hit with the majority of the Hurricane Florence damage. It faced days of downpours. Lawmakers have been meeting this week to discuss the…

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Storm insurance losses from Hurricane Florence may reach $5 billion

H. Cutner
Storm insurance - Hurricane from space

North and South Carolina are still in only the earliest stages of gauging the wind and water damage. Analysts are beginning to attempt to determine what the storm insurance losses from Hurricane Florence will be, even at this early stage. Regions of both North and South Carolina are just getting started in determining the extent of the damage left behind by the massive Atlantic storm. Early estimates may not necessarily reflect final totals, but the industry is trying to get a hold of the numbers. Risk Management Solutions (RMS) has…

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Canadian tornado insurance industry issues recommendations to victims

Julie Campbell
Canadian tornado insurance - Tornado

Residential areas in Canada’s capital region were struck by a massive twister this weekend. The Canadian tornado insurance industry has issued advice to the region of Ottawa, Ontario and Gatineau, Quebec, which was struck by severe weather over the weekend. The insurance industry is telling affected residents to document absolutely everything during cleanup. Severe weather has already caused nearly $1 billion in insured damage this year in the province of Ontario alone. Now, the country’s capital, Ottawa, and the city across the river from Ottawa, Gatineau, has been hit by…

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