Tag: Ohio homeowners insurance

Rates for homeowners insurance and auto coverage are on the rise in Ohio

Nordstrom
homeowners insurance

Homeowners insurance and vehicle coverage is becoming slightly more expensive this year Those living in Ohio can expect to be paying more for their homeowners insurance and auto coverage this year. Insurers in the state will be raising rates, but Ohio will still enjoy insurance rates below the national average for property and auto coverage. According to a report from the Ohio Insurance Institute, rates are on the rise for a number of reasons. Homeowners insurance providers note that many powerful storms have hit the state recently, which is leading…

Read More

Ohio homeowners insurance customers are paying less

H. Cutner
Ohio homeowners Insurance

The coverage is the sixth lowest in the United States, meaning that residents are saving compared to other locations. According to a recent announcement made by Mary Taylor, the Lieutenant Governor and Department of Insurance Director, the average Ohio homeowners insurance policy is costing residents of the state notably less than the average resident of the majority of other locations across the country. In fact, she revealed that premiums there are the sixth lowest among all of the states in the nation. The most recent data available from the National…

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

Flood insurance may not be the best solution in Ohio

Marc
national Flood Insurance program tips

Ohio lawmakers look for alternative to flood insurance In light of recent flooding disasters, as well as major natural disasters in general, state officials throughout the U.S. are beginning to take measures to mitigate the country’s exposure to these catastrophes in the future. In Ohio, lawmakers are beginning to push more aggressively for federal funding that could help bolster the state’s defenses against floods. State officials claim that flood insurance is simply not enough of a safety net for homeowners that could fall victim to flood disasters. Insurance may not…

Read More

Homeowners insurance in Ohio among the cheapest

Ohio homeowners Insurance

The state’s auto coverage is also considered to be among the most affordable in the country. Mary Taylor, the Ohio Lieutenant Governor and the director of the Department of Insurance, has recently announced that the auto and homeowners insurance premiums within the state are yet again some of the lowest in the country. In her statement, she said that the marketplace in the state continues to offer favorable premiums. Taylor explained that “Ohio’s competitive insurance market continues to provide consumers with choice and lower insurance premiums compared to the rest…

Read More