Insurance News Round Up For This Week

  Insurance News Round Up… Here are the stories we cover in this week’s insurance news round up! Health insurance navigators targeted by new HHS rule In order to address one of the many concerns that states have concerning some of the health insurance provisions of the law, the Department of Health and Human Services has issued a new rule concerning the use of health insurance “navigators.” Navigators are meant to help consumers find the best coverage available to them through state or federally run insurance exchanges. The new rule…

Read More

Renters insurance in North Carolina to increase 13.2 percent

Renters insurance

Rates for homeowners policies will not be affected by this change. North Carolina’s Commissioner Wayne Goodwin has announced that he is stepping away from his decision for slightly decreasing rates for rental insurance and other types of coverage for properties that are not occupied by their owners, due to a court battle declared by the industry. An out of court settlement has now been reached for the case between the industry and the Insurance Department. A compromise was reached in the settlement that fell between the 2.6 percent decrease in…

Read More

What type of insurance coverage should a college student consider?

If your child is already in college, or will be headed there within the next few months or years, then you may want to begin thinking about the different types of insurance coverage that may be important for him or her during this first time away from home. The odds are that he or she will remain free if incident throughout the entire time at college, but just in case some of those close calls go awry, it is best to be protected. The following are some of the types…

Read More

Smart renters purchase insurance coverage

Last year came with a wide range of tremendous disasters ranging from extreme weather to tornadoes, which brought the importance of insurance coverage to the attention of many renters who didn’t think that they needed this protection. Unfortunately, all too many renters discovered that they were wrong when they assumed that their landlords’ policies would cover them, as well. The reality, though, is that the landlords’ policies extend only to the protection of the building itself, and not the contents of the units. Renters’ insurance, also known as contents insurance,…

Read More

Is renter’s insurance necessary or a luxury for students living away from home?

The back-to-school season is upon us and college students across the country are moving into their new homes for the coming school year; a process that involves expensive personal possessions, such as computers, electronics, bicycles, clothing, and other personal items that would be costly to replace though they are highly prone to damage or theft. While some students already have protection through their parents’ homeowners insurance, many policies will not cover students who aren’t living on campus. That said, many tenants fail to realize that their property is not covered…

Read More

Fascinating things you should know about renters’ insurance

Experts in the industry say that although moving day can be a very complex time and there are already a number of things that a renter has to remember, renters’ insurance should also be considered to be one of those vital elements on the moving day checklist. While some landlords require that their tenants have a policy, others leave it up to the individual renters. It helps to protect renters from damage, theft, or destruction of their valuable and personal items in the case of a break-in, fire, or other…

Read More