Allstate warns policyholders of home break ins spike at this time of year

Home Break Ins - Mayhem - The Social Media-Savvy Burglar - Allstate Insurance YouTube

The insurance company is reminding its customers to be vigilant throughout December. December is often the month with days in which there is most likely to be home break ins, according to a reminder from Allstate Insurance. In Texas, for example, the first of the month is traditionally the busiest for burglars breaking into houses and apartments. According to the insurer, this trend has been ongoing, driven by a rise in holiday shopping. With Thanksgiving, Black Friday, and sometimes Cyber Monday falling on or before December 1, that day has…

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Smart Technology and the Home of the Future

Smart Technology and the Home of the Future

The use of smart technology has already been a jump forward in domestic technology. Look back 100 years and there was very little technology in the home, whereas now the average home has technology products which allow them to communicate with people across the world, wash dishes and clothes not by hand, heat up food within minutes, watch video streams and content from millions of sources, and listen to digital music which isn’t owned. However, while these technologies are commonplace, smart technology isn’t yet being adopted by the masses, like…

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British Home Ownership Trends that May Continue Post Brexit

brexit british homes

Brexit is bringing a lot of uncertainty over the financial sector, and is preventing many people from making the changes they would usually make in like such as investments, house moving, stating up businesses, starting families, changing jobs and many other usual activities.  Home Ownership has been on a downward trend for some time, and other housing trends have been affected by the past ten years of turbulent politics and financial system. Insurer Deacon, a specialist in blocks of flats insurance recently produced a  article on the fascinating facts about…

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California to overhaul comprehensive home insurance following widespread wildfires

Comprehensive home insurance - house on fire

Homeowners who lost their coverage due to fire threats will have access to plans next year. Californian homeowners who have been struggling with the loss of coverage due to wildfire threat will soon have comprehensive home insurance available to them once again. A new state-mandated plan has been created to make sure residents can obtain coverage. California Insurance Commissioner Ricardo Lara issued an order for this new comprehensive home insurance plan last Thursday. It was a response to the catastrophic wildfires that have left devastation in their wake in the…

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Natural disaster damage sends homeowners insurance rates skyward

Natural Disaster Damage - Tornado destruction

Insured losses resulting from claims relating to Mother Nature have been climbing sharply. Natural disaster damage has been sending homeowners insurance claims upward and, as a result, it has meant that rates for policies have been rising, too. A new analysis showed that severe storms and other catastrophes are becoming more common. Over the last ten years, natural disaster damage has become more commonplace and more expensive for homeowners and insurers. According to a new analysis, this is causing home insurance rates to head sky high. The analysis was done…

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Allstate spikes Illinois homeowners insurance rates for almost 200K policyholders

Illinois Homeowners Insurance Rates - neighborhood of houses

The second largest home insurer in the state is raising rates by 8 percent in early 2020. Allstate will be increasing its Illinois homeowners insurance rates by the largest amount the state has seen in several years. By early next year, policyholders will be paying an average of 8 percent more for their coverage than they are this year. The Illinois Department of Insurance announced the rate hike in a filing they issued on Halloween. Allstate is the second largest home insurance provider in the state. It has just about…

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California wildfire preparedness takes the spotlight as evacuations rise

California wildfire preparedness - forest fire

Thousands of residents are learning how to prepare as power outages and smoky conditions increase. California wildfire preparedness has become an important topic in the state as blazes continue to rage in various parts of the state, including in regions around Los Angeles. As the threat of fire intensifies and evacuations increase, residents are learning how to be ready. Residents who have not already made a California wildfire preparedness plan are being advised to do so. The reason is that there isn’t always a lot of advance warning before the…

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