TweetWe should all review our homeowners policies annually to make sure we are covering the things we do have and not covering stuff that no longer lives with us. Here’s an excellent breakdown of this very necessary genre of coverage.
TweetAccording to numbers crunched by the National Association of Insurance Commissioners, Texans are paying the highest insurance premiums in the country at an average annual rate of $1,460 with residents of Florida skidding into second place at $1,390. The national … Continue reading
TweetLiving in the south, I only have to contend with icy conditions once a year or so. I’m oblivious to all that life in colder climes entails, including how to handle such neighborly issues as whose ice-laden branch fell off … Continue reading
TweetWe’ve discussed before the extent to which Hurricane Katrina fundamentally changed the way the insurance industry writes policies in a flood plain. In some cases that change is pretty straightforward. They don’t write the policies at all. That’s where the … Continue reading
TweetSo, J.D. Power and Associates have busted out another survey. This one is their 2010 U.S. National Homeowners Insurance Study that measures satisfaction with policies based on coverage offerings, price, billing and payment, customer interaction, and claims. I have to … Continue reading
TweetUSAToday has an interesting story . . . today . . . by Sandra Block, “5 Years After Katrina, Homeowners Insurance Costs More.” What may shock you, is that the ramifications of the storm in terms of insurance premiums are … Continue reading
TweetSometimes a story comes along that is just so strange, so improbable, it’s irresistible. This sounds like it should be the stuff of urban legends, but it’s true. A house fire in a home in Paragould, Arkansas was caused by … Continue reading
TweetThe old saw in the journalism business is that dog bite stories aren’t news. “Man Bites Dog,” however, is a story. In insurance terms, dog bites are actually a big story — a $400 million story in 2009. Now, granted, … Continue reading
TweetIt’s that time of year again. A new crop of freshmen are headed off for their first year at college and their parents have questions. Kids have a lot of expensive stuff these days: laptops, flat screen TVs, gaming systems, … Continue reading
TweetHere’s a sobering statistic for you. The Insurance Agents & Brokers of America, a trade association, conducted a survey of people who run a business from their homes. Forty percent incorrectly believed that their homeowners insurance would provide any coverage … Continue reading