Hilton Head, SC, Lighthouse Just like a standard homeowner policy, South Carolina windstorm policies offer zero protection against flood damage, in order for your home to be fully protect you would need to carry a separate flood insurance policy. If you are unable to find coverage in the private market you may need to purchase […]
Roanoke Marshes Lighthouse – Manteo NC (Dare County, North Carolina) North Carolina homeowners will be experiencing higher premiums for homeowners insurance starting next spring, but the pain is nowhere near as bad as it could have been. Mike Causey, North Carolina’s Insurance Commissioner managed to negotiate the rate increase requested by the North Carolina Rate […]
Windstorm insurance is not a required coverage in Georgia, but if you live on the coast, it is certainly an insurance you should consider. In many coastal areas your mortgage lender will require that you carry a windstorm policy to make sure your home (and their investment) is full protected. Windstorm policies are designed to […]
Congress is getting ready to send President Donald Trump the thirteenth 60-day extension of the National Flood Insurance Program (NFIP) as the current one expires at the end of September. The NFIP has been in serious financial trouble for years but Congress has been unable to agree on how to fix the ailing program. The […]
According to recent J.D. Power 2019 U.S. Home Insurance Study, roughly three-fourths (74%) of homeowner insurance customers feel that the homeowners insurance industry needs improvement. A whopping 13% of customers felt that “radical improvement is needed.” The study found that the overall customer satisfaction with homeowners insurance declined for the first time since 2015. J.D. […]
According to a recent analysis by E&E News of government data, tens of thousands of homeowners who were in the path of Hurricane Dorian dropped their flood insurance in recent years. The analysis found that both homeowners and owners of commercial buildings have been giving up their flood insurance policies despite the fact that their […]
The North Carolina Insurance department reported on Monday that it has received a rate increase filing from the N.C. Rate Bureau regarding dwelling insurance. The Rate Bureau is requesting an average increase of 19.2 percent, but the increase will vary by area. The Rate Bureau is requesting that the rate change go into effect on […]
Recently released data in California shows that insurance companies have declined to renew almost 35,000 homeowner insurance policies in wildfire prone areas since the state started collecting this data in 2015. The data did not specify how many of these homeowners managed to find another policy elsewhere or how much of an increase they had […]
A recent survey by Freedom Debt Relief found that many American homeowners are having trouble paying off their homes and wish they would have saved up a bit more down payment money before purchasing their home. The survey polled 1,028 U.S. homeowners who were carrying at least $10,000 in unsecured debt. Unsecured debt includes credit […]
While teen drinking rates have dropped over the last decade, it’s still a pretty common occurrence. According to a 2017 National Survey on Drug Use and Health (NSDUH), roughly 1 in 5 kids between the ages of 12 and 20 say they have consumed alcohol recently. It doesn’t stop with just drinking, teens also get […]