Tag Archives: premiums

Top 5 Reasons Why Your Insurance Company Will Drop Your Home Insurance Coverage

03 Apr
Home Insurance Coverage Being Dropped

While homeowners insurance can be considered a necessary evil, it can also be a financial lifesaver if your home or possessions are destroyed by a storm or other covered peril. Homeowners coverage is a two way street, you trust the insurance company to pay out a claim if experience damage to your home and they […]

Trump Tax Breaks and Insurance Rates

30 Jan
Tax Breaks and Homeowners Insurance

It’s possible that the recent tax cut bill passed by Congress could end up lowering your insurance rates as well. Two separate consumer groups are calling for a premium cut for consumers and businesses across the nation. They are asking for an average 5% premium decrease because the new tax bill has slashed the corporate […]

Poor Credit History Can Affect NC Homeowner’s Insurance Rates

18 May
Credit score and your homeowners insurance rates

According to a report from Insurancequotes.com, your credit history may have a much bigger impact on your homeowners insurance rates than previously thought, and the gap between a poor and excellent credit rating seems to be growing. In fact, if you have a poor credit rating, on average, your premium will be more than double […]

Home Insurance Deductible Savings Vary by State

28 Jul
Increasing Your Home Insurance Deductible

There are many ways to lower your homeowners insurance premium but one of the best ways is to raise your deductible. Unfortunately, according to a study by insurancequotes.com, the benefit of raising your deductible can vary dramatically, depending on what state you call home. The difference in savings can be astounding, with North Carolina residents […]