Live Insurance News

Homeowners insurance renewal isn’t guaranteed for those near California wildfires

May 27, 2014May 29, 2014 Julie Campbell

Some policyholders are finding that their insurers are choosing not to allow coverage to continue. At the same time that many homeowners insurance customers are discovering the peace of mind that their policies can bring as the wildfires in California continue to creep ever closer to their homes, others are finding that if their policies are up for renewal, it may not be possible to continue their coverage. It is clear that this is a stressful time for the people living near the wildfires, and this is making it worse.…

Homeowners insurance may not fully cover that awesome man cave

April 25, 2014April 24, 2014 Julie Campbell

Creating that amazing retreat in your basement may seem like a clever reno until floodwaters rise. While adding a great man cave is becoming a more common renovation in many homes across the country, what isn’t becoming as popular is the understanding that standard homeowners insurance may turn that beloved space into one of the most costly financial liabilities in a family’s residence. There are several reasons to explain why coverage may not fully protect this basement room. According to the 2014 Cost vs. Value Report issued by Remodeling Magazine,…

Homeowners insurance won’t save you from a rockslide

February 25, 2014February 22, 2014 Julie Campbell

Natural disasters feel as though they are becoming more common but many policyholders don’t understand their coverage. As the weather heads toward another shift in the changing of the seasons, the potential for a new wave of severe storms is building, and homeowners insurance customers may not know exactly what type of coverage they have when Mother Nature decides to show the world what she’s really about. Rockslides, landslides, mudslides and sinkholes are all building up a new level of threat. While many property owners may feel that they have…

Ohio homeowners insurance customers are paying less

February 4, 2014February 1, 2014 H. Cutner

The coverage is the sixth lowest in the United States, meaning that residents are saving compared to other locations. According to a recent announcement made by Mary Taylor, the Lieutenant Governor and Department of Insurance Director, the average Ohio homeowners insurance policy is costing residents of the state notably less than the average resident of the majority of other locations across the country. In fact, she revealed that premiums there are the sixth lowest among all of the states in the nation. The most recent data available from the National…

Homeowners insurance tips for winter claims prevention issued by industry

December 27, 2013December 30, 2013 Julie Campbell

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…

Homeowners insurance choices faced by many Florida policyholders

September 12, 2013September 9, 2013 Julie Campbell

Florida homeowners insurance, Citizens Property

Considerable decisions are ahead in the state as Citizens divests itself of a massive number of policies. Within the next month, there will be almost 400,000 people in Florida who currently have homeowners insurance coverage through Citizens Property Insurance Corp., and who will be receiving notice in the mail from another insurer to advise the policyholders that their coverage will be transferred over to that new company by November 5, 2013. At that point, the policyholders will need to make one of two choices that will be available to them.…

It’s a race to find Homeowners insurance for your new home

September 7, 2013April 17, 2014 Kirk Chivas

It’s usually last on your list of things to think about when your offer on the new home gets accepted; locking down the homeowner’s insurance company you are going to use and securing the policy. An experienced mortgage broker will insist you get started on picking the insurance carrier as soon as your offer gets accepted. What’s the big rush? You are thinking that the closing will not take place for 3-4 weeks so you have plenty of time to shop around and get it done. Why do I have…