Live Insurance News

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…

Homeowners insurance customers in Florida receive explanation for cost hikes

August 15, 2013August 13, 2013 H. Cutner

The commissioner in the state has released a statement to property owners to explain the rates. The homeowners insurance head in Florida has released a statement that has said that there is a reason that the cost of coverage has not been falling despite the fact that one of the biggest expenses typically faced by insurers is now an area in which they are saving money. In fact, the commissioner went on to caution that the rates for this coverage may continue to rise. As some homeowners insurance companies have…

Homeowners insurance reminder issued by State Farm about multiple claims

August 14, 2013August 12, 2013 H. Cutner

homeowners insurance policy multiple claims

The insurer released this statement because many policyholders feel it should work like a bank account. State Farm has issued a reminder to homeowners insurance policyholders to help them to keep in mind that a policy is not the same as a bank account, so the premiums being paid are not an amount that is being amassed so that it will be guaranteed to be available later on. The statement was made in response to many policyholders’ shock when it didn’t function as a savings account. This has become quite…