Author: H. Cutner

Flood insurance premiums spike has strangled home values

H. Cutner
flood insurance

The cost of the coverage has skyrocketed upward by seven times and is holding real estate hostage. Following the rewriting by U.S. Congress of the federal flood insurance program, the monthly premiums that are paid by over 1 million homeowners in the United States are now slated to rise considerably. The result of this increase in cost for covering the homes has had a large impact on the real estate market. Due to the higher cost of flood insurance coverage in certain large areas, which has meant that the price…

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Homeowners insurance risk warnings for Halloween celebrations issued

H. Cutner
halloween homeowners insurance claims

As property owners add their decorations and prepare for parties this weekend, there are certain cautions from the industry. As Halloween approaches, people have started to decorate their homes in preparation for trick or treaters and for parties that will be held this upcoming weekend (the last one before the holiday), but the industry is warning that there are certain risks involved and that homeowners insurance should be properly checked and understood before proceeding. This way, it can help to avoid possible problems and misunderstandings with insurers. It can also…

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Homeowners insurance costs a top priority for Texas Lawmaker

H. Cutner
Texas Homeowners Insurance

As the state has already been ranked as one of the most expensive in the country, suggestions are being sought. A lawmaker in Texas has just addressed the insurance industry in the state, requesting that they come up with a way to help to reduce the consistently high homeowners insurance rates for residents. Texas is continually being ranked as one of the three most expensive states in the U.S. for this coverage. The other two states at the top of the expensive homeowners insurance rates list are Louisiana and Florida.…

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Health insurance lower among Republican district residents

H. Cutner
health insurance healthcare reform

The individuals living in these areas tend to have coverage rates that are below average. The U.S. congressional districts that have the greatest tendency for below average health insurance coverage has been shown to be those that are predominantly Republican, according to the latest data. The Democrat districts appear to have a notably greater rate of coverage, on the whole. This data came as somewhat of a surprise, as the health care reform issue was central to the government shutdown that came as a result of the deadlock between the…

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Flood insurance expenses cause real estate woes

H. Cutner
flood insurance rates

New home purchases have been kicked down due to the suddenly higher premiums connected with coverage. Now that the flood insurance zoning maps have been changed by FEMA, even new home buyers who went to the effort to do their due diligence are finding that they are ending up with a losing deal. The risk zones have been changed and this is leading new home purchasers to face far higher expenses than expected. Individuals who have consulted the correct resources and who have found the designation of their homes according…

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