Winter weather can be hard on your house as well as your homeowner’s policy. Frozen pipes, ice dams and falling trees can lead to expensive claims and in many cases a rate increase. It pays to not only prepare your home for winter but also maintain it properly during the winter season to help prevent […]
Archive | Georgia
RSS feed for this sectionHow do Insurers Calculate Home Insurance Premium Rates?
Over the past decade or so, homeowners across the United States have seen a steady increase in their home insurance premium rates. The rates have risen by 36 percent across the nation from 2003 to 2010 and states such as North Carolina, South Carolina, Georgia, Florida, and Alabama have witnessed some of the sharpest spikes […]
How does Age of the Building Influence Home Insurance Prices in Atlanta, Georgia?
Forbes Magazine has listed Atlanta, Georgia in their list of the top 50 best cities to live in the United States. The city is the financial headquarters of corporate giants like Coca-Cola, AT&T Mobility, Home Depot, Delta Air Lines, UPS, and Turner Broadcasting and also houses numerous financial services, telecommunications, and technology companies that create […]
Home Insurance Pointers for Atlanta Residents Who Live in Flood-Prone Areas
According to a research study carried by some hydrologists at the National Oceanic and Atmospheric Administration, the Atlanta Urban Zone is one of the most flood-prone regions in the entire state of Georgia. There are several low-lying areas in the city and its suburbs and these have witnessed considerable flooding in the recent past. Lots […]
Is Force-Placed Insurance On its Way Out?
A recent piece of news has had Georgia homeowners and prospective home buyers sit up and take notice. According to The New York Times, the federal and state housing regulatory have swooped down on a long-standing practice called the force-placed insurance and are toying with the idea to trim the fees that banks charge insurance […]
Is My Home Covered for Damages from an Explosion?
The calm of West, a small town in Texas, was recently shattered by an explosion in a fertilizer plant. It was a huge explosion that flattened the factory and badly damaged homes for miles around. Sadly, lives were also lost in the incident. Although the authorities are yet to confirm if the explosion was an […]
Making Sense of the Hullaballoo Around Home Value Protection Insurance in Georgia
It banged loudly to be let in. It screamed for attention and managed to hog the headlines whilst it was around. And then it sank almost without a whimper. Many market watchers, financial pundits, and industry analysts hailed Home Value Protection as the most innovative and considerate home insurance product to have hit the market […]
How do Flood Incidence Rates Affect Home Insurance Prices in Georgia?
The burgeoning economy of Georgia buoyed by the many Fortune 500 and 1,000 companies in the state that employ millions of people and a thriving industrial and agricultural scene, a military presence evident in the army, navy, and air force installations scattered all over the state, and a superlative healthcare system that spreads even to […]
Are You Eligible to Receive a Home Insurance Rate Discount in Georgia?
This is one question that almost all Georgia homeowners have on their lips nowadays. And it is not at all surprising considering that their houses are most likely their single biggest investment till date. The ever-rising prices of gasoline and the burgeoning tax rates mean that the dollar today goes far less the distance than […]
Factors that Have Triggered Hikes in Georgia Home Insurance Rates: Climate and Roofing Fraud
Homeowners in Georgia are having a tough go in the last few years. In the recent past, home insurance rates in Georgia have increased by leaps and bounds and two factors that have largely triggered these hikes are the state’s peculiar climate and a flurry of roofing frauds. A discussion below delves into the curious […]