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 […]
Tag Archives: home insurance
3 Common Home Insurance Gaps You Should Fill
31
Oct
Homeowners insurance can be a lifesaver if you have the unfortunate luck of being in the way of a tornado, flood, hurricane or your house burns down. In order to make sure you are fully protected it may be necessary to fill in a few gaps in your homeowners protection. Here are three gaps you […]
Yikes! Are You Covered for Halloween Dangers?
28
Oct
Halloween is just around the corner and soon tricksters and treaters will be knocking on your door hoping for their favorite candy. While it is always fun to get in the Halloween spirit, homeowners should be careful, as there can be liabilities with this holiday that could result in an expensive claim on your homeowners […]
Why should I purchase an umbrella policy?
11
Aug
Imagine this: You are hosting the annual neighborhood Christmas party and one of your guests slips and falls on your icy sidewalk. They are severely injured, requiring a month of hospitalization along with substantial physical therapy. Before you know it, a lawsuit is filed and you are on the hook for a couple of million […]
Do Solar panels affect your homeowners rates?
31
Jul
While solar panels are not yet a mainstream source of power there are getting much closer. More and more people are putting panels on their roof to power their homes and even sell power back to the local utility. According to GTM Research, a new solar system was installed every four minutes in 2013, and […]
Do I need a home inspection to get homeowners policy?
29
May
Homeowner’s insurance will protect you from a variety of losses and damage. Everything from fire, theft, storm damage and injuries on your property will be covered by your policy. In order to provide this protection, insurers rely on an accurate assessment of your home. They have to take into account all risks associated with your […]
Do you need a homeowners policy in force to close on a house?
02
May
The day that you close on a new house is unforgettable. It’s always exciting and a bit nerve wracking. At the end of the day you will get the keys to your dream house, but before that happens there are tons of papers to initial and sign as well as dozens of things to arrange. […]
The majority of young adult renters (56 percent) do not have renters insurance
25
Apr
Young renters across the country, from Atlanta, Georgia to Los Angeles, California are not carrying renters coverage and many of them are completely unaware of the benefits it provides. A recent study by Nationwide Insurance found that while millennials are renting houses and apartments in record numbers, the majority of them, roughly 56 percent, do […]
What Is National Termite Awareness Week?
26
Mar
This week is National Termite Awareness Week so we thought we would have a look at what type of damage these nasty, voracious little creatures can do to your home and if it is covered by your homeowners insurance. Termites can be found in dozens of states but Southern California has a heavy concentration of […]
Flood Insurance Update – they are working on a bill to lower the premium increases
12
Mar
The Florida real estate industry, as well as buyers and sellers of Florida property, are excited about a plan that will scale back the changes to the National Flood Insurance Program which have sent premiums skyrocketing. Huge premium increases have had a dramatic affect on Florida, North Carolina, and Georgia real estate, making the cost […]