Tag Archives: premiums

North Carolina Coastal Home Insurance Rates

29 Mar
NC Coastal Home Insurance Premiums

North Carolina is a fantastic place to live with plenty of cultural activities, beautiful beaches, world-class cities as well as great restaurants and shopping. The only disadvantage to living in North Carolina, particularly if your home is located in coastal area is the cost of homeowners insurance. The average premium for a standard homeowners insurance […]

Fall 2023: Florida Homeowners Insurance Premium Update

24 Oct
karenclarkandco

Despite the fact that the Florida legislation finally passed a couple of bills to deal with the ever-increasing cost of homeowners insurance, it seems unlikely that premiums will start to fall anytime soon according to a report put out by Karen Clark & Company (KCC), a risk modelling firm. The recent report, titled “Managing Expectations: […]

2023: Homeowners Insurance Premium Are Going Up

12 Oct
Shocked,Concerned,Cellphone,User,Girl,Staring,At,Screen,,Looking,At

Many homeowners have been notified lately that their homeowners insurance premium is going to be headed up. According to the Insurance Information Institute, higher insurance costs can be blamed on a variety of factors which include more expensive building materials, supply chain issues as well as continuing labor shortages.  Factors that increase home insurance costs […]

Increased Insurance Rates due to Insurance Fraud

02 Nov
insurance-fraud

Like most scams, insurance scams are designed to separate you and your money. Even if you have never been the victim of insurance fraud, you are probably paying for it via a higher premium. According to the Federal Bureau of Investigation, the average U.S. family pays between $400 and $700 per year in increased insurance […]

Great News for Florida Homeowners Insurance Rates

20 May
florida-home-insurance-rates-decrease

Finally, some good news for Florida homeowners when it comes to the cost to insure their homes. Sunshine State residents have seen their insurance premiums go up dramatically over the last decade. In fact, according to Insurance.com, Florida has the most expensive homeowners insurance premiums in the country with an average premium of $3,575. If […]

New Texas Homeowners Policy Includes Flood Coverage

12 Apr
texas-home-flood-coverage

Texas homeowners may have a new option when it comes to flood insurance. While flood coverage is always excluded from a standard homeowners policy, the Woodlands Insurance Co. which is located in Woodlands, Texas is offering a Texas homeowners policy that includes flood insurance coverage to all households that qualify.  The coverage can vary depending […]

Top 5 Reasons Why Your Insurance Company Will Drop Your Home Insurance Coverage

03 Apr
Home Insurance Coverage Being Dropped

While homeowners insurance can be considered a necessary evil, it can also be a financial lifesaver if your home or possessions are destroyed by a storm or other covered peril. Homeowners coverage is a two way street, you trust the insurance company to pay out a claim if experience damage to your home and they […]

Trump Tax Breaks and Insurance Rates

30 Jan
Tax Breaks and Homeowners Insurance

It’s possible that the recent tax cut bill passed by Congress could end up lowering your insurance rates as well. Two separate consumer groups are calling for a premium cut for consumers and businesses across the nation. They are asking for an average 5% premium decrease because the new tax bill has slashed the corporate […]

Poor Credit History Can Affect NC Homeowner’s Insurance Rates

18 May
Credit score and your homeowners insurance rates

According to a report from Insurancequotes.com, your credit history may have a much bigger impact on your homeowners insurance rates than previously thought, and the gap between a poor and excellent credit rating seems to be growing. In fact, if you have a poor credit rating, on average, your premium will be more than double […]