Hurricane Irma and Harvey have done billions of dollars in damage and if your home was uninsured when the storm hit, you will be on the hook for the cost of rebuilding. In the days leading up to the storms hitting, most insurers stopped writing homeowner and car insurance polices in the areas most likely […]
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 […]
Hurricane season is just around the corner and last year’s extremely active season was a major wake-up call for residents of Florida, North Carolina and other coastal states. In order to help Florida residents make sure they are prepared, People’s Trust Insurance recently released a hurricane preparedness guide to help their customers and homeowners in […]
North Carolina is a beautiful state to live in but homeowners insurance can be expensive, especially if you live near the coast. The average premium for an HO-3 policy, which is considered the standard for single family homes in North Carolina, is $1,008, which is roughly 8 percent lower than the national average of $1,034. […]
Selling a home can always be a challenge, but selling a home in a flood prone neighborhood can be extremely difficult. If your home is located in a designated flood zone you may find buyers are less willing to make an offer or will offer well under your asking price. Below is a list of […]
Spring and summer are the busiest seasons when it comes to buying a new home and moving. While most people are not going to decide where to move based on the cost of homeowners insurance, it doesn’t hurt to know if you are moving to a high cost state. A study released in February 2016 […]
Hurricane season is in full swing and the East coast could take a beating this year with North Carolina researchers predicting a total of 15 to 18 tropical storms and hurricanes forming the Atlantic basin in 2016. This is a statistically significant change from the 11 named storms that have been the average from 1950 […]
There are many ways to lower your homeowners insurance premium but one of the best ways is to raise your deductible. Unfortunately, according to a study by insurancequotes.com, the benefit of raising your deductible can vary dramatically, depending on what state you call home. The difference in savings can be astounding, with North Carolina residents […]
Your home is not only the place where you live, raise a family and make memories, in most cases it’s also your biggest and most valuable investment. Properly protecting this investment is a necessity and homeowners insurance can help make sure your home is rebuilt in the event of a disaster. While homeowners insurance offers […]
The rain just keeps coming in South Carolina. According to a CNN report, Gov Nikki Haley recently claimed, “We are at a 1,000-year level of rain,” which means that there is a 1 in 1,000 chance of this much rain happening in any given year. The record setting rainfall has dropped 24 inches of rain […]