In most states, home insurance rates are headed up this year and homeowners should be prepared for further rate increases before the end of the year. According to a recent S&P Global Market Intelligence report, over 177 insurance carriers have filed requests for rate increases in 43 states, Arizona alone has seen 34 rate increase requests. […]
If your home has recently experienced a fire, flood or burglary, you will want to file a claim with your homeowners insurance company. Once your insurer has approved your claim, you will be sent a claim check (minus your deductible) to repair the damage. Claim checks come in a variety of different ways, it is […]
In Florida, the loss of homeowners insurance has become a serious problem. You may not have been affected yet, but you might be in the future. A recent announcement by Southern Fidelity Insurance that they will be liquidating their company means that 78,000 homeowners insurance policyholders will lose their coverage. This new failure marks the […]
Imagine that a hurricane or other natural disaster destroys your home. One of the first questions you will have after recovering from the shock, is how much it will cost to rebuild your home and do you have enough insurance coverage to get the job done. If you are underinsured, you will be on the […]
A standard homeowner policy protects your home, but it is made up of a variety of different parts, each one designed to protect a different section of your home or property. When it comes to the structure of your home, it is the dwelling coverage that steps up to protect your house. Keep reading to […]
Buying homeowners insurance for the first time (or even the 10th time) can be confusing. Unfortunately, it is very important that you get it right as homeowners insurance can be a financial lifesaver if your home is severely damaged or destroyed by a covered peril. If this is your first time buying homeowners insurance or you […]
Identity theft protection is simply a term that includes a variety of services that help customers protect themselves from the illegal capture and use of their personal data. This can include personal details such as your name, birthdate, and Social Security number. This information can be used to steal your money, open credit cards in […]
Pets can be expensive and vet bills can be shockingly expensive, particularly for emergency care or surgery which is why many pet owners purchase pet insurance to help defray some of the costs associated with pet ownership. Keep reading to learn everything you need to know about pet insurance and how it can help keep […]
As inflation continues to rage, it could impact the amount of insurance coverage you need to carry to make sure you can rebuild your home if it is damaged or destroyed by a covered peril. According to a report from CoreLogic, the cost of building new houses is skyrocketing due to higher material and lumber […]
It looks like another homeowners insurance company is in trouble in Florida. Recently, FedNat Holding Company, which sell homeowners insurance and other insurance products under the name FedNat Insurance Company, was downgraded from A to S by Demotech, a consulting company that rates the financial health of insurance companies. According to Demotech, an A rating […]