Tag: ohio home insurance

Weather improvements ease homeowners insurance rates

Julie Campbell
Ohio homeowners Insurance

The cost of insuring an Ohio property may stop rising as quickly as it has been due to fewer storms. Over the last few years, Ohio property owners have been watching their homeowners insurance rates climbing upward at a sharp rate, but that may start to slow to a much more moderate increase as the weather has been easing off. The weather has been slightly kinder to Ohio residents and isn’t causing the damage that it had been. In 2014, the rates from the largest homeowners insurance companies in the…

Read More

Homeowners insurance price rising higher in Ohio

G. Turner
Ohio homeowners Insurance

The state that has previously experienced low auto will also see higher premiums in that sector. According to the latest auto and homeowners insurance data that has been released from the Ohio Department of Insurance, the price of both of those forms of coverage is on the rise, despite the fact that this state is known for its low rates. There was an average increase of 4.1 percent among the leading 10 private passenger auto insurer groups. Moreover, among homeowners insurance groups, the increase in Ohio was an average of…

Read More

Homeowners insurance rates spike following severe storms

Homeowners Insurance

Ohio weather has caused the price of coverage to climb by 40 percent in 7 years. Residents of Ohio have been watching their homeowners insurance rates steadily climb from 2003 through 2010, and this trend is expected to continue onward following a series of severe weather events. The 40 percent increase is only the beginning of the growing prices for that state. The continuing increases in homeowners insurance premiums came in a time when Ohio held the ninth place position in the country for disaster damage claims. This position was…

Read More