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 […]
Homeowners Insurance Blog
Is My Home Covered for Damages from an Explosion?
23
Apr
The calm of West, a small town in Texas, was recently shattered by an explosion in a fertilizer plant. It was a huge explosion that flattened the factory and badly damaged homes for miles around. Sadly, lives were also lost in the incident. Although the authorities are yet to confirm if the explosion was an […]
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
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
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
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
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 […]
Home Insurance Policies: The More the Merrier for Some
27
Feb
Yes, it is true. Whatever be the cost of the premiums or the state of affairs in the economy, many homeowners are compelled to choose more than one home insurance policy. After all, their homes are their most valuable assets. So are their precious art, wine, or book collections; or to be more realistic […]
Does Homeowners Insurance Cover Meteor Hits?
27
Feb
The world watched amazed as photographs and videos of the meteor strike in Siberia filtered into their televisions and tablets. Close to 300 buildings were damaged and more than 500 people were injured in this incident. While these images prompted researchers to peer more closely into their telescopes and carry out some more calculations, the […]
An Ominous Signal (for some): Is Life Insurance a Thing of the Past?
13
Feb
Recent news coverage and market reports seem to suggest that life insurance may soon become a thing of the past; and worldwide insurance companies are struggling to stop their frustrated customers from surrendering their policies! Some of the major players have either downsized by selling large chunks of their businesses or they have simply disappeared […]