If you’re looking for homeowners insurance, you have to shop around first. Getting the best deal and the best coverage both depend on comparison shopping. It’s easy, just as long as you know where to start. Go With What You Have As you begin looking for homeowners insurance, stick with what you know. Talk to the company that carries your car insurance first, to see if they have any viable options or recommendations. They might even offer bundling opportunities. If you rent your home, then the company carrying your renters…
Read MoreTag: high risk areas
Hurricane Sandy slams East Coast
Hurricane Sandy makes landfall and insurers scramble to mitigate impact Hurricane Sandy has hit the East Coast of the U.S. after building in strength throughout the majority of the past week. U.S. Insurers have been working to prepare for the hurricane, which is expected to cause a significant amount of damage as it passes through densely populated cities in the northeastern region of the country. Claims teams and insurance adjusters have been mobilized to areas that are expected to see the most damage ahead of the storm in an attempt…
Read MoreMIF supports use of standard hurricane models in the Massachusetts homeowners insurance market
PRESS RELEASE: Massachusetts Insurance Federation Executive Director James T. Harrington refuted claims made by Attorney General Martha Coakley’s office in a letter to the State Rating Bureau of the Division of Insurance in which the Rating Bureau is requested to initiate proceedings to review homeowners’ insurance rates currently in effect. “We believe such proceedings would be unprecedented and are certainly not warranted by anything in the letter from the Attorney General’s office,” Harrington said. “Her claim that insurance companies in this state are using untested and unsupported hurricane models that…
Read MoreGrowing number of abandoned properties causes concern among Tennessee officials
Tennessee officials from Washington County are working to try to resolve the ever-increasing problem of abandoned houses and properties. Among the primary issues being faced is that property owners are no longer maintaining their properties and the requirement is falling onto the shoulders of city workers. Though this is a problem within East Tennessee county, it is far from unique to that area alone. Speaking to commissioners, County attorney John Rambo explained that this particular occurrence has swelled “all across the state of Tennessee and it’s only compounded by the…
Read More