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Homeowners’ insurance rates vary greatly by state

When exploring homeowners' insurance options, the spectrum of cost can be greatly determined by state. According to a study by Value Penguin, the states with the highest premiums are, unsurprisingly, states that are most vulnerable to natural disasters. Here are...

Remodeling can render old insurance policies insufficient

Not every home is turnkey. When homeowners purchase residential properties, they do so with a general sense of the work and remodeling that needs to be done to make a house a home. For some homeowners, home renovation happens decades down the road to spruce up outdoor...

Homeowners file fewer auto claims than renters

Owning your own home requires responsibility, focus and determination. First-time homebuyers cobble together strong credit and down payments to make that dream a reality. As it turns out, that level of accountability manifests itself in other areas of homeowners'...

Texas’ exposure to coastal storms continues to grow

This blog recently looked at how insurers' awareness of the risk posed by storm surges has increased in the wake of destructive hurricanes such as Katrina, Ike and Sandy. Hurricane Ike, which made landfall in Galveston, Texas, remains the costliest tropical storm...

Texas insurers impose significant increases in fees

The three largest home insurers in Texas have successfully imposed marked rate hikes on numerous policyholders despite the protests of a state consumer advocate. Furthermore, Texas' insurance commissioner, Julia Rathgeber, has been conspicuously taciturn about...