Homeowners insurance rates outpace inflation
A new study by the Insurance Research Council found that in recent years, the rising cost of homeowners’ policies has outpaced the rate of inflation by double.
Read MoreMonthly Archives: February 2015
Is your home overinsured?
Rather than delivering a punch to the gut when a home is destroyed, overinsuring your home can mean wasting money on a monthly basis, for coverage you may never see even if your home is a total loss.
Read MoreWinter illuminates pressure points for homeowners’ claims
As properties begin to experience a thaw, homeowners should be advised to evaluate the pressure points that could lead to homeowners claims in the future, and whether their current policy reflects the actual replacement value of homes.
Read MoreHomeowners’ policies may not cover weather damage
Customers should be advised to make sure their policy covers incidents that are likely to cause trouble for homeowners based on weather, natural disasters and other possible scenarios in their regions.
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