Live Insurance News

Homeowners insurance rates continue to grow in Florida

May 30, 2013May 28, 2013 Logan B.

Homeowners insurance rates growing in Florida despite lack of hurricanes Florida is notorious in the U.S. as being the target for hurricanes. The state is often considered one of the most active natural disaster zones, specifically in regards to hurricanes, in the country. This has made the state relatively unattractive to the homeowners insurance sector. Because the state as a whole is considered a high-risk market, homeowners insurance companies have been wary of doing businesses in many parts of the state, particularly those close to coastal regions. Florida has, however,…

Homeowners insurance rates to be affected by hurricane season

May 30, 2013May 28, 2013 H. Cutner

Property owners in Florida will be paying more for their coverage even though there haven’t been hurricanes in years. Despite the fact that Florida hasn’t been struck by a hurricane since 2005, the homeowners insurance rates are still on their way up as the season for these violent storms gets under way this year. In 2004 through 2005, the state was struck by eight different hurricanes, the last being Wilma. Hurricane Wilma slashed its way across the southern edge of the state and lead to billions of dollars in damage…

Homeowners insurance from Frontline moves into Delaware

May 28, 2013May 27, 2013 Julie Campbell

The company has just announced its licensing expansion into the state for coastal property coverage. One of the leading coastal homeowners insurance companies in the United States has just announced that its expansion is continuing and that this now includes licensing to sell its policies in Delaware. This will add one more option for property owners in the state and will help to boost competition. According to the president of the insurer, “Coastal coverage for homeowners is a primary focus for us. Delaware has shown continued growth in its beach…

Five Types of Business Insurance You Should Have

May 26, 2013February 15, 2014 Guest Author

How to Avoid Financial Ruin in the Future Businesses need several different types of insurance to protect them from financial ruin. It is important to protect your business with different types of insurance that will keep you and your business protected in several key ways. Importance of Property Insurance Property insurance will protect your building and the supplies within it if there is a robbery or fire. Furthermore, this insurance also will help if your store has been vandalized or if there is smoke damage to the property or items…

Homeowners insurance bill in Florida is moving up

May 23, 2013May 21, 2013 H. Cutner

The North Carolina proposal is only one of a large number facing the General Assembly. A bill regarding homeowners insurance is one of a large number being considered by the General Assembly in North Carolina, following a slew of others last week, including outdoor smoking bans, clean water issues, and autistic child coverage. This is because the General Assembly was trying to fit everything in before today’s non-revenue bill deadline. The bills – including the one for homeowners insurance – were required to pass their originating chamber by this date…