Homeowners Insurance Blog

What happens to my mortgage if my homeowners policy gets cancelled?

18 Jul
Senior,Couple,Looking,Through,Papers,Using,Laptop,Reading,Bills,And

As more and more insurance companies stop writing policies in certain markets or cancel existing policyholders they find too big of a risk, homeowners are finding their policies cancelled or non renewed. While a cancelled policy is a shock, it doesn’t mean you need to panic.  Following is a brief overview of what to do […]

Why Are Homeowners Insurance Premiums Rising in 2024?

09 Jul
While,Funny,Active,Daughter,And,Son,Running,Parents,Sit,On

As insurance rates rise at unprecedented rates, homeowners are cutting back on groceries, travel, dining out, and even medication to afford the cost of their insurance premiums. In even more shocking news, 1 in 10 homeowners are even consider moving to an area with lower premiums, according to a recent survey by Claimguide. According to […]

Coastal Homeowners Insurance in Florida

08 Jul
coastal-florida-home-insurance

Florida has it all, constant sunshine, beaches,plenty of restaurants and entertainment. It also has some of the highest homeowner insurance premiums in the country. According to Value Penguin, the Sunshine State has the 14th most expensive homeowner insurance rates in the country with the average premium coming in at $1,727. While insurance premiums are high all […]

North Carolina Joint Underwriters and Wind Pool Map Explained

05 Jun
North Carolina Coastal Counties

North Carolina is a lovely state to call home. Our state is packed with beautiful cities, museums, restaurants and of course, some of the loveliest beaches in the country. Unfortunately, if you live in one of our amazing coastal southern cities such as Ocean Isle Beach, Sunset Beach, Oak Island Beach, Calabash, Bald Head Island, […]

Largest Insurer in California – Travelers Announces Home Insurance Rates Going Up 15%

20 May
Travelers-Insurance-California

Travelers Insurance, which is one of the largest insurers in California, recently announced that they will be raising premiums by an average of 15% in the Golden State. This is just the latest rate increase or policy limitation by major insurance companies who blame the increases on spreading wildfire risks, inflation, and the cost of […]

Should I raise my deductible to $10,000 to help offset the cost of rising premiums?

15 May
Hispanic,Woman,Use,Calculator,Calculate,Costs,Working,Sit,At,Table

According to industry reports, homeowners are raising their deductibles to $5,000 to $10,000 to help offset the cost of rising premiums.  While raising a deductible into the stratosphere will absolutely lower your homeowner insurance premium, it does mean that you will have to cover your deductible amount in the event you have to make a […]

Should I choose the minimum or maximum homeowners insurance coverage?

13 May
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As homeowner insurance rates rise across the country, some homeowners are opting for policies that offer minimal coverage to keep their premiums affordable. Unfortunately, this choice will leave them at higher risk and in a position where they may have to pay more out of pocket if they have to make a claim on their […]

Texas is Seeing Major Increases in the Cost of Homeowners Insurance

07 May
Coastal,Residential,Neighboorhood,Port,Bolivar,Texas

Like much of the rest of the country, Texas is seeing major increases in the cost of homeowners insurance. According to an article in Austin American-Stateman, residents of Texas have seen their insurance rates go up 50.9% on average which is the largest increase in the country for that time period. Unfortunately, experts are predicting […]