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 […]
There is no doubt that climate change will impact everyone’s future but as sea levels rise, temperatures climb and more hurricanes, tornados and forest fires hit the United States, it will impact some states harder than others. Recently, ValuePenguin used data from the Union of Concerned Scientists (UCS) and found that three states, Louisiana, New […]
North Carolina residents won’t have to worry about homeowner insurance rates going up, at least for a bit longer. North Carolina’s insurance Commissioner, Mike Causey has decided to extend the hearing scheduled for the proposed statewide increase from Sept. 4, 2019, to Oct. 2, 2019. The hearing is to discuss the proposed statewide average increase […]
Unfortunately, many homeowners never read their policies and are unaware of what is covered and even more importantly, what is not covered. The storm season is well under way and has already delivered some severe damage to numerous locations. When a severe storm hits, most homeowners want to know if their homeowners insurance policy will […]
A recent AAA survey found that Floridians are becoming more concerned about this year’s hurricane season after four major storms have hit in the past three years, the worst of which was a category five storm last year. Recent storms, Florence, Michael, Harvey, Irma and Maria have caused $200 billion in damages according to Floodsmart.gov. […]
View of homes along the coast of Kure Beach, North Carolina, USA: Wilmington, NC. Hurricane season is here, and North Carolina Insurance Commissioner is reminding homeowners that now is a great time to put a flood insurance policy in place. North Carolina Insurance Commissioner Mike Causey pointed out in a recent interview that when Hurricane […]