According to a recent J.D. Power and Associates report, satisfaction among homeowners who have made claims on their homeowner polices has declined for the first time in five years. The J.D. Power survey included over 5,700 homeowners who made a property claim on their homeowners insurance in 2014 and 2015. Satisfaction levels range from 837 […]
There have been a number of high-profile data breaches this year. Every time another big box store gets hit, consumers look for ways to protect themselves from identity theft. While joining a credit monitoring service is a common solution and a great way to help spot and stop credit fraud quickly, there are other options […]
Homeowners insurance is a necessity but it can be a frustrating product. While everyone wants the protection of homeowners coverage, they know that if they actually need to use it and make a claim, there is a good chance that their premiums will be headed up. So what will happen to your rates if you […]
According to the Insurance Information Institute, dog bites are on the rise. The number of claims related to Fido taking a chunk out of a neighbor, friend or family member jumped up roughly 6 percent to 17,359. This figure shattered the previous record which was set way back in 2003. The average cost of a […]
If you are shopping for a new homeowners policy or recently renewed your policy, you may want to examine the policy in detail as some insurers are sneaking in a new line item that may have a big effect on your pocketbook if you ever need to make a claim due to wind damage. Insurers […]
A recent report by Enservio Inc, a company that helps insurers settle contents claims on homeowners policies, found that claimants often report a value for their damaged or stolen belongings that is almost double the retail price. While the report does not provide proof that customers are lying about the value of their contents to […]
According to the recently released results of the J.D. Power 2014 Property Claims Satisfaction Study the best way to keep homeowners happy during the claims process is to keep them apprised from start to finish. Satisfaction among homeowners who filed a claim on their homeowners policy between April 2012 and January 2014 averaged 840 on […]
It has been quite a winter so far. Bitterly cold temperatures and record snowfalls have left much of the country in a deep freeze and buried in snow. Winter weather can take its toll on your house and can often lead to expensive claims on your homeowners policy. According to the Insurance Information Institute (I.I.I.) […]