Climate change and severe weather could increase insurance rates for everyone

climate change extreme weather drought storms

Even homeowners who don’t reside in areas struck by recent hurricanes could feel the pinch. Homeowners across America wouldn’t likely be surprised to hear that climate change and the severe weather coming with it could raise insurance rates in areas like Florida and Texas. That said, just because an area wasn’t struck by Harvey or Irma, it doesn’t mean rates won’t rise there, too. Motorists and homeowners throughout many U.S. states will likely watch premiums rise over the next while. Insurance companies are being increasingly affected by climate change. Severe…

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Allstate offers tornado damage assessment advice to homeowners

Tornado damage homeowners insurance

The insurance company has been issuing advice to homeowners in areas where twisters have touched down. Following a twister that touched down in Maryland, along the state’s Eastern Shore, Allstate has been providing tornado damage assessment recommendations to residents of the area. The insurance company is providing tips to homeowners to help them to know whether or not their properties were damaged by a tornado and, if so, where and to what extent. Allstate pointed out that homeowners should be very careful when returning to their properties after dangerous weather.…

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