• Home Insurance

    Best Home Insurance Discounts | Bankrate

    If you are curious about how to get home insurance discounts, the good news is you do not have to look very far. Almost every insurance provider offers numerous ways for homeowners to save and minimize the costs of annual premiums. Homeowners insurance provides invaluable financial protection if the absolute worst happens to your home or there is costly damage from a covered peril. The average cost of homeowners insurance is $1,312 per year for $250,000 in dwelling coverage, which makes discounts a helpful tool for managing the costs of a robust homeowners insurance policy. For homeowners wondering, “how can  

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  • Home Insurance

    Difference in Conditions Insurance | Bankrate

    One type of insurance that you may not be familiar with is difference in conditions coverage. What is difference in conditions insurance? Often abbreviated as DIC, this type of insurance can protect your finances from a broader range of perils than a standard insurance policy. Although most homeowners won’t need or qualify for DIC coverage, large businesses may want to consider a DIC policy to fill coverage gaps. What is difference in conditions (DIC) insurance? A difference in conditions policy is an insurance policy that can help provide expanded coverage for your home or business if you live in a  

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  • Home Insurance

    Causey negotiates settlement on mobile home insurance for lower rate increase | News

    RALEIGH — The N.C. Department of Insurance settled its legal dispute with the N.C. Rate Bureau over mobile homeowners’ insurance rates, saving policyholders millions of dollars in premiums compared to what had been proposed by the insurance industry. “While no increase in premiums is good news to consumers, I am glad we were able to negotiate a settlement that saves consumers more than $10 million a year in premium payments compared to the original request from the Rate Bureau,” N.C. Insurance Commissioner Mike Causey said in a release Tuesday announcing the settlement. “I am also glad the Department of Insurance  

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  • Home Insurance

    Insurance agents fear rising homeowners insurance as companies leave Louisiana

    NEW ORLEANS (WVUE) -Houma native Lauren Rohlfs says she still has damage to her mobile home, but with a cryptic answer from her Maison insurance agent, she’s fearful if she’ll ever receive the checks needed to get the work done. “I called to ask them if they’re canceling policies and she said ‘well, I’m not really supposed to answer those kinds of questions’… I’m still waiting for them to pay out my claim from Ida,” said Rohlfs. Rohlfs hopes she’s in a better position as she recently renewed, but in a release, Florida-based Fed Nat announced Maison will no longer  

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  • Home Insurance

    How to Get Home Insurance Discounts

    Depending on where you live, home insurance can be expensive. For a homeowners policy with $250k in dwelling coverage, the national average annual cost is $1,312. One of the best ways to get affordable home insurance rates without sacrificing coverage—no matter where you live—is to learn how to get home insurance discounts. There are several ways to get home insurance discounts, including improving your home and installing safety measures like a security and fire alarm system. You should know what home insurance discounts to ask for when shopping for and comparing quotes to get the best deal. How can I  

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  • Home Insurance

    Hochul signs law preventing home insurance companies from discriminating against dog breeds

    ALBANY, N.Y. — Home insurance companies will no longer be able to deny or cancel coverage in New York based on the breed of the homeowner’s dog. On Saturday, Gov. Kathy Hochul signed legislation that prohibits insurers from canceling or refusing to issue or renew insurance because they deem the type of dog a higher liability risk. The bill also prevents insurance companies from imposing higher premiums for certain policies based on the dog’s breed. “To own a pet is a blessing and we owe it to the animals of New York to keep them safe and healthy,” Hochul said.  

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  • Home Insurance

    Why It Doesn’t Always Pay to File an Insurance Claim When Your Home Is Damaged

    The great thing about homeowners insurance is it can protect you from extreme financial losses in the event that your property sustains damage. Say there’s a fire in part of your home that results in a $40,000 repair bill. Without insurance, you might be on the hook to cover that expense on your own, which could destroy you financially. But that doesn’t mean it pays to file a claim with your insurance company every time your home sustains damage. If you encounter an issue that’s more minor in nature, it could make sense to just leave your insurance company out  

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  • Home Insurance

    A New Kind of Home Insurance Covers Multiple Natural Disasters and Pays Out Claims Quicker

    October 19, 2021 1:25 PM Paul Reynolds Posted: October 19, 2021 1:25 PM Updated: October 20, 2021 1:21 AM Home insurance doesn’t cover damage from all weather catastrophes — at least not quickly. Now Iowa-based startup Recoop is promising to address those shortcomings with all-in-one disaster insurance that promises fast payment. Recoop’s offering covers property damage from weather that’s officially declared a natural disaster, including for some perils (notably floods and earthquakes) that usually require their own policies. And the company says it will process claims within a day or two, compared with the weeks a regular home insurer  

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