Archive | Homeowners Insurance

RSS feed for this section

Alabama Coastal Homeowners Face Insurance Rate Woes

16 May
Alabama Governor Robert Bentley

Alabama Governor Robert Bentley has admitted that the home insurance sector in the state badly needs some reforms and one area that needs to be addressed immediately is the discrepancy in the insurance prices across various regions of the state. More specifically, the greatest of the discrepancies exists between the rates levied on coastal homeowners […]

South Carolina Homeowners Have to Contend with Weak Insurance Regulations

07 May
Historic Home in South Carolina

South Carolina homeowners have to not only contend with tax hikes and fuel price rises but also a body of weak insurance regulations in their state that inconvenience them and also sometimes compel them to pay out premium amounts that are hardly justified. The Department of Insurance in South Carolina surely needs to look into […]

Florida Senate Bill Overhauling Citizens Property Insurance Corp. may have Far-Reaching Effects

03 May
Sen. David Simmons, R-Altamonte Springs

The home insurance industry in Florida is staring at some major upheavals. According to the Tampa Bay Times, the Senate has passed a bill that will majorly impact home insurance policy activities of the state-run Citizens Property Insurance Corp. and may have far-reaching effects across diverse groups in the economy. By the Numbers According to […]

Is Force-Placed Insurance On its Way Out?

03 May

A recent piece of news has had Georgia homeowners and prospective home buyers sit up and take notice. According to The New York Times, the federal and state housing regulatory have swooped down on a long-standing practice called the force-placed insurance and are toying with the idea to trim the fees that banks charge insurance […]

Making Sense of the Hullaballoo Around Home Value Protection Insurance in Georgia

09 Apr

It banged loudly to be let in. It screamed for attention and managed to hog the headlines whilst it was around. And then it sank almost without a whimper. Many market watchers, financial pundits, and industry analysts hailed Home Value Protection as the most innovative and considerate home insurance product to have hit the market […]

How do Flood Incidence Rates Affect Home Insurance Prices in Georgia?

04 Apr
SFHA Limitation Diagram

The burgeoning economy of Georgia buoyed by the many Fortune 500 and 1,000 companies in the state that employ millions of people and a thriving industrial and agricultural scene, a military presence evident in the army, navy, and air force installations scattered all over the state, and a superlative healthcare system that spreads even to […]

Are You Eligible to Receive a Home Insurance Rate Discount in Georgia?

28 Mar
Downtown Augusta Georgia

This is one question that almost all Georgia homeowners have on their lips nowadays. And it is not at all surprising considering that their houses are most likely their single biggest investment till date. The ever-rising prices of gasoline and the burgeoning tax rates mean that the dollar today goes far less the distance than […]

Factors that Have Triggered Hikes in Georgia Home Insurance Rates: Climate and Roofing Fraud

21 Mar
Georgia Homeowners Insurance Claims & Rates

Homeowners in Georgia are having a tough go in the last few years. In the recent past, home insurance rates in Georgia have increased by leaps and bounds and two factors that have largely triggered these hikes are the state’s peculiar climate and a flurry of roofing frauds. A discussion below delves into the curious […]

Developments in the Home Insurance Market in Georgia in the Past Year

15 Mar
With recent rate increases, homeowners in Georgia began shopping for better rates.

Homeowners in Georgia always have a keen eye turned towards the developments taking place in the insurance market. After all, their homes are most likely their most valuable material asset. The developments that take place in the home insurance market during a certain time period usually are precursors to how things will shape up in […]