Tag: homeowners insurance rates

Weather improvements ease homeowners insurance rates

Julie Campbell
Ohio homeowners Insurance

The cost of insuring an Ohio property may stop rising as quickly as it has been due to fewer storms. Over the last few years, Ohio property owners have been watching their homeowners insurance rates climbing upward at a sharp rate, but that may start to slow to a much more moderate increase as the weather has been easing off. The weather has been slightly kinder to Ohio residents and isn’t causing the damage that it had been. In 2014, the rates from the largest homeowners insurance companies in the…

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Homeowners insurance costs will soon rise to pay for rough winter

Julie Campbell
homeowners insurance information institute winter snow ice

After a particularly damaging season, the cost of ice dams and water damage is about to affect premiums. In Massachusetts, homeowners insurance customers are about to start paying an average of 9 percent more in their premiums due to the impact of the damaging winter that was experienced throughout the state. The massive amount of snow and the exceptionally cold temperatures caused an abnormally large amount of damage. The extreme weather and large number of winter storms caused a notable rise in the number of homeowners insurance claims as well…

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Australian government to investigate high homeowners insurance rates

S.Vagus
australia ANZ life insurance

Government will be examining the rate at which insurance premiums are growing in Queensland The Australian Federal Government will be investigating the claimed need for higher property insurance rates in Central and Northern Queensland. Those living in these areas have seen their insurance rates grow at an exponential pace, placing them under heavier financial burden than they have experienced in the past. Some federal officials believe that the rate hikes that property owners have experienced are “ridiculous,” and they want to ensure that consumers are being treated fairly. Disasters continue…

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Study highlights increasing homeowners insurance costs in New Mexico

Nordstrom
homeowners insurance

New Mexico homeowners can expect to pay more for their insurance coverage A new study from Insurancequotes.com has shown that those living in New Mexico could expect to be paying more for their homeowners insurance. Summer is coming and that means the beginning of fire and flood season in the state. Fires and floods can cause significant damage to property, as has been seen in the past. These disasters have had an impact on the insurance industry, and those living in risk-prone areas of the state could see their homeowners…

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New Jersey homeowners insurance legislation results from report outcomes

Julie Campbell
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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