While job losses mount and home sales plummet due to COVID-19, lenders are tightening mortgage requirements, making it more difficult to purchase a home. In addition to stricter mortgage requirements, the virus may change how Americans buy and sell homes in the future. As the pandemic continues, it could end up transforming how real estate […]
Tag Archives: homeowners rates
Cost of Homeowners Insurance Has Gone Up In All 50 States
14
Nov
Climate change has increased the number of natural disasters in the last decade and that is impacting homeowners insurance rates according to a new report by QuoteWizard. Data from the Insurance Information Institute shows that there were 850 natural catastrophes across the world in 2018, which is a big jump from the 740 in 2017. In […]
Comprehensive Loss Underwriting Exchange Report Can Raise Your Homeowners Rates
21
Jan
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 […]