In Florida, the loss of homeowners insurance has become a serious problem. You may not have been affected yet, but you might be in the future. A recent announcement by Southern Fidelity Insurance that they will be liquidating their company means that 78,000 homeowners insurance policyholders will lose their coverage. This new failure marks the […]
The cost to insure your home will vary depending on a wide variety of factors, including everything from the age of the house, your location, how far you are from a fire station and even your credit score. We thought it might be helpful to look at what you might pay for homeowners insurance on […]
In many cases, your home is your most valuable asset so you should always make sure it is fully protected with the proper insurance coverage. In order to ensure that you have enough coverage, you should review your policy and coverage levels on an annual basis. Checking out your policies and coverage levels at the […]
According to a recent survey commissioned by Policygenius, consumers are not yet ready for their insurance claims to be reviewed exclusively by an artificial intelligence (AI) system. In fact, only 17 percent said they would be comfortable letting an AI system review their claim data and a whopping 60% of consumers said they would rather […]
While the pandemic seems to be receding a bit in the U.S., it has left behind some massive damage, and in many cases, it has put a severe pinch on household budgets. Unemployment hit 14.8% at the peak which is the highest unemployment rate since Congressional Research Service began collecting data. If your budget has […]
If your home is located in a high-risk (or even medium risk) area for flooding, you will most likely need a flood insurance policy to full protect your home. You can purchase flood insurance through the National Flood Insurance Program (NFIP) or in the private market. Regardless of where you purchase your flood coverage, you […]
While homeowners insurance offers protection for your home in the event of an accident or catastrophic loss it also protects the contents of your home, but does that include appliances? The answer to that question will depend on what happened to your appliance. Keep reading to learn everything you need to know about homeowners insurance […]
If you are in the market for a house, the cost of homeowners insurance is probably not your number one priority but some homes come with risks that could dramatically up the cost of insuring your new home. Knowing what risks can be an insurance issue with a home can help you save not only […]
According to a recent report from the United States Geological Survey, roughly half of all Americans are at risk for earthquake damage. The data shows that 143 million Americans live and work in areas that have at least some potential for earthquake shaking that could possibly damage houses and buildings. This breaks down to 57 […]
According to national insurance expert and actuary, J. Robert Hunter, a package of homeowner insurance bills that California lawmakers are considering could lead to premium hikes of at least 40 percent across the state. It will also increase the number of California homeowners who are struggling to find coverage for their homes. AB 2167 (Daly-Anaheim), […]