Massachusetts State Senate launching investigation into home insurance rate hikes

by Admin | Jul 31, 2015 | Insurance

The Massachusetts State Senate has just launched an inquiry into what local leaders are calling a troubling hike in local home insurance rates. The rate hikes are being planned by several of the largest insurance providers in the state in an attempt to recoup losses...

Ohio insurance leader issue warning about outdated valuations

by Admin | Jul 21, 2015 | Insurance

Policyholders can be left holding the bill when their property insurance valuations aren't up to date. In Ohio, wind, rain and hail damage to residential and commercial properties has prompted industry leaders to issue a public warning to citizens: Update your...

Replacement cost can be the biggest “hole” in a policy

by Admin | Jul 10, 2015 | Insurance

Media and finance experts talk a lot about "holes" that may exist in a homeowners' insurance policy. For example, property owners might not have the coverage they need in the event of an earthquake, flood or other natural disaster that's not...

Homeowners’ holiday flames and claims

by Admin | Jul 9, 2015 | Insurance

The Fourth of July has come and gone, but for claims adjusters at insurance companies, the holiday rush has just begun. Homeowners who encountered trouble during the holiday ranging from fires started by malfunctioning grills to damage from a neighbor's illegal...

Study: Savings on raised deductibles vary by state

by Admin | Jul 9, 2015 | Insurance

Insurance professionals understand that a variety of factors cause homeowners insurance policies to vary from state to state. A new piece in The New York Times reveals how some of that variability affects policyholders in the amount they're responsible to pay out...

Report: Expensive homes more likely to be underinsured

by Admin | Jun 30, 2015 | Insurance

As an insurance professional, the homes you cover likely run the gamut from the higher end of the real estate value spectrum to the lower end. Whether you're determining replacement costs for a mansion or a one-bedroom condo, accuracy is critical to providing...