Tag: Home Value Insurance

What is home value insurance?

Home Value Insurance

Insurer’s CEO made a call to American journalists to protect equity. As a result of massive losses suffered by homeowners over the last six years, and the ongoing instability and uncertainty in the housing market, efforts such as home value insurance for the protection of equity are becoming highly important across the country. This, according to CEO Scott Ryles, of Home Value Insurance Company. He gave this message while addressing the journalists specializing in real estate who were in attendance at the 46th Annual Meeting of the National Association of…

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Home Value Protection to protect Oklahoma homeowners from the decline of their home prices

The Home Value Protection insurance policy – the only one in the United States offering homeowners protection from the catastrophic effects of withered home prices – has now become available to homeowners in Oklahoma. Homeowners who are covered by this policy will have a greater amount of protection for their investments, which is typically the largest they will hold in their lifetimes, as the prices of their homes continue to plummet. Oklahoma is the second state in the country that will have this unique form of insurance policy available to…

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U.S. nationwide survey shows homeowners more concerned about housing market value than natural disasters

An American survey of homeowners across the country which was completed in October 2011 showed that 58 percent of respondents feel that the largest threat to homeownership is the housing market value. This figure was larger than the combined risk perceived about the impact of hurricane (8 percent), tornado (9 percent) and fire (15 percent). When asked whether they felt that homeownership is now the American Dream or the American Nightmare, a shocking 48 percent felt that it was a Nightmare, while only 52 percent clung to the belief that…

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Ohio homeowners offered new insurance policy for falling housing price coverage

Marc

An insurance company based in San Francisco will be releasing a new form of coverage to homeowners in Ohio that will protect them against the risk of tumbling housing values and which will be the first of its kind in that state. Case-Shiller Home Price Index calculations will be used by Home Value Insurance Company to help to determine the policyholder’s payouts should the house be sold for a lower amount than its insured value. The insurer was founded in 2009 and is operated under the leadership of Scott Ryles,…

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