If you’re looking for ways to save money on your insurance premiums, one of the most frequently mentioned methods of doing so is to bundle your insurance policies. What does bundling mean, and how does it save money for policyholders?
Category: Home
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How severe weather is affecting homeowners insurance rates
Homeowners in some states like California, Florida, Texas, Louisiana, and Colorado are already seeing dramatic changes in the insurance market, which is being reflected in their homeowners insurance premiums. While these states are the hardest hit right now, the damage climate change is causing will gradually have an impact on homeowners everywhere.
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Demystifying Insurance to Ensure Proper Coverage
Home & Auto Insurance are among the few products that many people buy but hope to never use. Night and day, proper coverage provides peace of mind that an accident, weather event, natural disaster, or unexpected injury or illness will not cause financial ruin. And yet, many Americans are either uninsured, underinsured, or are paying
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Is Your Insurance Policy Keeping Up With Inflation?
Some regions of the country are experiencing more dramatic increases than others when it comes to repair and replacement costs for vehicles and homes, so it’s important to talk to your insurance agent to get their perspective. If you decide to get more coverage, you might want to increase your deductible to offset any rise in premiums.
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How is Homeowners Insurance in Florida Different?
According to U.S. census estimates, Florida is one of the fastest-growing states in the country. Many of those relocating to Florida for its sunshine and moderate cost of living are sometimes shocked by their insurance bills, leaving some to ask, “Why is homeowners insurance in Florida so expensive?”
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How Do I Submit an Insurance Claim After a House Fire?
A house fire can be an incredibly distressing event for any homeowner, and even a small fire can cause significant damage. It’s crucial to act quickly and contact your insurance company as soon as it is safe and practical to do so.
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What Does Condo Insurance Cover?
Condominiums offer many of the benefits of homeownership while shifting some of the time-consuming maintenance to the condo association. Condo ownership is often the “go-to” choice for busy professionals and for older homeowners. Condos don’t require yardwork or maintenance that single-family homes need. They are also a good option for couples or individuals who have
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How Much Should Homeowners Insurance Cost?
With so many variables in play, it makes sense that people wonder how much homeowners insurance should cost. There are ways to make it more affordable—such as bundling your policies or increasing your deductible—but before you change carriers to get a lower rate, make sure that you are making an apples-to-apples comparison.
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Why is homeowners insurance so expensive?
Costs are increasing for everyone, and that includes home insurance carriers. The reasons behind rising premiums and nonrenewal notices are complex, but they relate to broad changes in underlying risk—and how those rising risks affect the financial health of insurance companies.