Hurricane season is just around the corner and last year’s extremely active season was a major wake-up call for residents of Florida, North Carolina and other coastal states. In order to help Florida residents make sure they are prepared, People’s Trust Insurance recently released a hurricane preparedness guide to help their customers and homeowners in […]
Federal flood insurance is expected to get dramatically more expensive for thousands of homeowners who live in the Houston area as Congress overhauls the federal flood program that is currently billions of dollars in debt. The National Flood Insurance Program (NFIP) is $24.6 billion in debt and is struggling to stay solvent. In Harrison and […]
Unfortunately, it looks like its going to be rate hike time again when it comes to homeowners insurance in South Florida. Most of the major insurance companies that write policies in the southern part of the state are seeking rate hikes, so be prepared when renewal time rolls around. As an example, People’s Trust, which […]
Spring and summer are the busiest seasons when it comes to buying a new home and moving. While most people are not going to decide where to move based on the cost of homeowners insurance, it doesn’t hurt to know if you are moving to a high cost state. A study released in February 2016 […]
The Christmas season is upon us and that means presents, lots and lots of presents. Shopping online has reached epic proportions with UPS estimating in 2015 that it shipped 630 million packages during the holiday season. Unfortunately, not everyone’s package will arrive, or more accurately, it will arrive and will then be promptly stolen from their […]
Hurricane season is in full swing and the East coast could take a beating this year with North Carolina researchers predicting a total of 15 to 18 tropical storms and hurricanes forming the Atlantic basin in 2016. This is a statistically significant change from the 11 named storms that have been the average from 1950 […]
Homeowners insurance is a necessity, but it can also be expensive. According to a recent study, the cost of homeowners insurance has increased about 50 percent over the last decade. Currently, the average annual policy price has hit $952 with some states coming close to an average price of $2,000 a year. We all want […]
Looking for ways to lower your homeowners insurance premium? Don’t move to Florida. Despite the fact that Florida has not seen a major hurricane is over 10 years, residents of the sunshine state still pay the highest homeowner premiums in the country according to a recent report from the National Association of Insurance Commissioners. The […]
If you have recently paid off your mortgage or bought a house for cash, you may be considering dropping your homeowners insurance. While dumping your homeowners insurance will certainly put a few bucks in your pocket every month, in the long run it can be a very dangerous gamble. The majority of us don’t have the […]
In the last year Pennsylvania homeowners have seen the cost of flood insurance continually rise. Luckily, the state is working to help homeowners find more affordable flood policies. After the 2011 floods in Dauphin County, flood maps were redrawn which puts some homeowners who had previously not fallen within flood boundaries, into a floodplain. This […]