While most people know that their homeowners insurance will pay for damage due to fire or vandalism, many are unaware of everything it actually covers, and one big thing it doesn’t cover. Flooding is one aspect of homeowners insurance that can be particularly confusing. Many people think that if their home floods, a quick call […]
Many parts of the Sunshine State are prone to hurricanes and as such most homeowners insurance includes cover for hurricanes. However, this does not compensate the homeowner for damages caused by the flood waters that often accompany hurricanes. Homeowners in Florida and other parts of the country need to ensure that they have adequate flood […]
The sinkhole that damaged a resort near Clermont, Florida, recently, has once again turned the spotlight on the dangers caused by sinkholes in Florida. While sinkholes are common in many parts of the country, Florida homeowners in general and Miami home owners in particular experience a lot of damage from them because of the limestone […]
If you are thinking about making a minor claim against your homeowners insurance, you may want to reconsider, especially if you live in Minnesota. According to a recent report by InsuranceQuotes.com, a claim on your homeowners insurance can raise your premium by up to 21 percent depending on what state you call home. The site […]
According to a study published by the World Bank, Miami is one of the ten cities in the world that face the greatest risk of extensive flooding as sea levels rise due to climatic changes. As per the numbers quoted in the study, Miami is also likely to suffer the most in terms of economic […]
Florida state regulators recently approved a statewide average increase of 6.3 percent for homeowners who purchase homeowners insurance through the state-backed insurer, Citizens Property Insurance Corp. Citizens Property was created in 2002. Its mission is to provide windstorm and general property insurance for homeowners who were unable to find coverage in the private market. […]
If you are looking to adopt a dog in the near future, better call your insurance agent before you bring your new family member home. Depending on the breed, its very possible that your insurer will cancel your homeowners policy, or jack your rates way up. Bringing a dog into the mix is just like […]
A report published by the AARP The Magazine has revealed some interesting findings regarding some of the most common insurance claims made by homeowners across the United States. According to this report, dog bites on residential premises constitute about a third of all the liability claims made by house owners. This number also includes instances […]
Changes to the National Flood Insurance program are just around the corner and the steep increases in premiums many coastal residents will be seeing are having a negative impact on real estate prices. According to a recent article in the Tampa Tribune, owners of an older home in Treasure Island that has a flood elevation […]
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 […]