FedNat Holding Company withdrawing from Louisiana home insurance market

Louisiana home insurance

The insurer is the fourth largest in the state and is leaving due to hurricane-related losses. The fourth largest Louisiana home insurance company, FedNat Holding, has announced that it will stop renewing policies due to the losses it has suffered over the last 15 months from hurricane claims. The homeowners’ insurer has stated that it will also be making its way out of Texas for the same reason. According to the announcement from FedNat, made by its CEO Michael H. Braun, it will be leaving the Texas and Louisiana home…

Read More

Florida homeowners’ insurance inspections from Citizens soon to explode

Florida homeowners insurance inspection

The property insurer of last resort plans to make substantial eligibility and underwriting changes too. Florida homeowners’ insurance company of last resort, Citizens, has announced that it is likely to substantially increase its property inspections over the next four years in an effort to reduce its exploding exposure level. The company wants to trim back the number of policyholders it is carrying across the state. Citizens is expanding its effort to reduce its Florida homeowners’ insurance exposure while it hacks back the number of properties it is covering. It intends…

Read More

How to handle unpaid insurance claims

Unpaid Insurance Claims

It is often overlooked how important it is to have insurance. It protects them from financial loss in case an unexpected event occurs. When someone has an accident or a crisis that insurance should handle, they need to file a claim for their damages with their insurance company to be paid out. Unfortunately, there are some cases where a claim is not handled properly. When this happens, the client may have to take legal action against their insurance company to be compensated for losses. Though it’s stressful and sometimes difficult…

Read More

Free Auto Insurance Quotes at a Glance

Free Auto Insurance Quotes at a Glance

The easiest and quickest way to get free auto insurance quotes is via the Internet. If you are looking for some free auto insurance quotes then, instead of searching for the best rates by contacting various companies, you can save a lot of time and money by getting these quotes directly from a website that specializes in finding the best deals on the market. This applies to  home insurance quotes, coverage for business insurance, health insurance, life insurance, motorcycle insurance, homeowners insurance, and renters insurance.  You can get your The…

Read More

What Does Landlord Insurance Include?

What Does Landlord Insurance Include?

A landlord shield or insurance is designed to cover unique risks associated with renting your property for a long period. It includes things like property damage, liability cost, along with the loss of rental income, for landlords renting out their property. Whether you are renting out a vocational home or an investment property, in the form of landlord insurance holds extreme importance. It is essential to protect your property against the financial risks associated with the renters living there. Landlord shield policies generally cover the dwellings or structures of your…

Read More

Insurance companies have teams ready for Hurricane Ida response

Insurance companies - hurricane damage

Home and auto insurers are confirming their availability for customers who need to reach them. Insurance companies always recommend that anyone affected by major events contact their insurers sooner rather than later. This is the case in the aftermath of Hurricane Ida as news releases remind policyholders of what they need to do to file a claim. GEICO has announced that its Response Team is in place and prepared to assist customers. This year, like last year, insurance companies face the additional challenge of helping their customers while preventing the…

Read More

5 Easy Ways You Can Reduce Your Home and Business Insurance Rates

5 Easy Ways You Can Reduce Your Home and Business Insurance Rates

It’s not difficult to both love and hate insurance. Few of us enjoy paying for it every month, but we are relieved to have it if something bad happens. That is definitely the case for both home and business insurance.  Buying either can be a costly endeavor, but the good news is that you don’t have to be stuck with high monthly premiums. Instead, by shopping around, working with the insurance company, and living in places with fewer risks, you can make the payments much more manageable. Let’s look at…

Read More