Here is something that may come as a surprise to most homeowners – an insurance claim made by a previous owner could affect your premium. If you are unaware of this unfortunate fact, you are not alone. According to a survey done by insuranceQuotes.com, 75 percent of respondents were unaware that previous owners claims could […]
Are homeowners safer drivers? It seems possible according to a new study by Insurance.com. The data shows that homeowners tend to file fewer auto insurance claims then non-homeowners. The majority of auto insurers take homeownership into account when determining rates for new customers. In almost all cases, homeowners will pay less than renters for auto […]
Winter seems to be in full force and with it comes winter related damage that can affect your home. According to the Insurance Information Institute, winter related damage is the third-largest cause of property loss. Unfortunately, some of it may not be covered by your homeowners policy. Making yourself aware of the potential pitfalls that […]
Thanksgiving is just a few days and while it is a great time to gather your family, enjoy a delicious meal and contemplate everything you are thankful for, the quickest way to ruin the holiday is having to make a homeowners claim. A full house and a hot oven can lead to slips, trips, and […]
Homeowners insurance can be a lifesaver if you have the unfortunate luck of being in the way of a tornado, flood, hurricane or your house burns down. In order to make sure you are fully protected it may be necessary to fill in a few gaps in your homeowners protection. Here are three gaps you […]
Despite the fact that the economy has made a comeback and home sales are on the rise, finding a home that you can actually afford can be difficult. Regardless of whether you are newly married, a young professional or an empty nester one of the major questions you will be faced with when trying to […]
Homeowners insurance is key to keeping your biggest asset safe and providing you with peace of mind. While most of us shop for coverage based on price, the reputation and strength of the company underwriting the policy are just as important. There is no point in protecting your home if when you go to make […]
Your homeowners insurance premium is calculated on a number of different factors. Everything from your address to your credit rating will be considered to determine your premium. However, there are a few other factors that you might not be aware of that can jack up your rates. While you may have some sway over a […]
A recent survey of insurance professionals by Insurance Journal Magazine, found that nearly 80 percent of insurance professionals believe that homeowner claims are processed 50 to 100 percent quicker when a claimant has completed a home inventory. This is just one more reason that every homeowner should take the time to do a home inventory. […]
If you are shopping for a new homeowners policy or recently renewed your policy, you may want to examine the policy in detail as some insurers are sneaking in a new line item that may have a big effect on your pocketbook if you ever need to make a claim due to wind damage. Insurers […]