Insurance News Daily

If you’ve thought about installing a home security system but you’ve heard rumors about them that are holding you back, you could be relying on myths without consideration for the truth. To set the record straight once and for all, check out these five myths about home security systems, and maybe you’ll change your mind. 1. No One Will Break Into My Home It doesn’t matter where you live, a…

Insurance industry will be capable of handling threats of the 2013 hurricane season There are many concerns swirling around the U.S. concerning this year’s hurricane season. Many of these concerns relate to the impact that 2012′s Hurricane Sandy had on the East Coast. This single event caused more than $75 billion in damages in the U.S. and elsewhere and is considered the second costliest hurricane the country has ever seen….

Florida’s homeowners insurance market may be calming down The homeowners insurance market in Florida is notorious throughout the U.S. for being somewhat volatile and unstable. The state is considered a very high risk zone to the homeowners insurance sector and has regularly fallen victim to natural disasters in the past. These disasters have created a sense of unease among homeowners insurance companies, many of whom are unwilling to do business…

Florida’s homeowners insurance market continues to pose significant risks Citizens Property Insurance has been Florida’s last resort for homeowners insurance for several years. Property owners throughout the state rely heavily on the state-run insurance organization in order to receive the coverage they need. The homeowners insurance market in the state has been somewhat turbulent for years due to the disaster prone nature of Florida. Because Citizens Property Insurance accounts for…

Homeowners insurance becomes top priority as hurricane season approaches Hurricane season in the U.S. is fast approaching, which means that many states along the Atlantic Ocean and the Gulf Coast are beginning to take steps to raise awareness of prominent homeowners insurance issues. In the past, powerful hurricanes have caused significant damage in several states. The most recent example of how much damage can be caused by one of these…