New Jersey homeowners insurance legislation results from report outcomes

Homeowners insurance New Jersey

A lawmaker in the state has now introduced a bill to stop premiums from skyrocketing after one claim. A recent homeowners insurance study brought to light a certain issue with regards to the significant raising of premiums for New Jersey customers after they had made one claim on their policies. The report showed that this issue was present across the country, but New Jersey took this to heart. The results were reflected in an insuranceQuotes.com data analysis that determined that after one homeowners insurance claim had been made in 2014,…

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Insurance news shows that while burglaries are dropping, claims are rising

Burglar Alarm Discount homeowners insurance news

A recent report from an insurer has shown that break ins aren’t as common but they are more expensive. Over recent years, insurance news has been reporting that victims of burglaries are increasingly discovering that their homeowners policies are falling short of the amount that would be required to replace some of their valuable possessions, as thieves have started to focus on small and expensive items that are easy to sell instead of large and bulky items such as big screen TVs. While people focus on making sure that their…

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Homeowners insurance company warns of Friday robbery spikes

Burglar Alarm Discount homeowners insurance news

According to a data analysis conducted by Aviva Canada, home burglaries dramatically rise in summer months, too. While the majority of us may look forward to Fridays because it means that we’re headed toward a weekend of fun and relaxation, a homeowners insurance company is now warning property owners to take extra precautions on that day as it is also a favorite time for burglaries. A large national home insurer has conducted a data analysis and showed that certain times are far worse than others. Aviva Canada’s data analysis showed…

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Ensuring your insurance claim gets paid

insurance industry claims

Insurance claims can be tricky Insurance claims are generally straightforward, but they can become quite tricky to manage, especially when natural disasters strike. When a person falls ill and must receive medical care or when a property is damaged by a powerful storm, an insurance claim is generated. These claims are not approved by insurance companies outright and insurers typically investigate the claims they receive to ensure that they are not fraudulent. At times, even honest claims are rejected by companies because the claimant did not provide enough information or…

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Homeowners insurance tips for winter claims prevention issued by industry

homeowners insurance tips

A video featuring “Uncle Insurance” is the next in the series to help to avoid damage and claims. As wintery weather becomes more visible, the industry is renewing its previous reminder of the many homeowners insurance tips that are available to help to winterize a home and prevent damage from freezing temperatures, snow, and ice. Although the best time to prepare the house is ahead of the lousy weather, these changes are better done late than never. Many meteorologists – and The Old Farmer’s Almanac, for that matter – are…

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