Tag: homeowners insurance

Renters insurance: what it is and why you need it

'3 Florida Property Insurance Companies Announce Plans To Reduce Rates

The reduction kn insurance rates will range between 0.5% to 2%.

'Cost of Homeowners Insurance Projected To Increase a Further 6% This Year

A 6% increase would place insurance rates at $2,522 by the end of the year.

The Rights Your Mortgage Lender Has in a Fire Insurance Claim

'State Farm To Drop Policy Holders in These California Zip Codes

State Farm is dropping 72,000 insurance policies in California, including 30,000 property insurance and 42,000 apartment policies.

EDITOR'S PICKS

'8 New Home Property Insurers To Enter Florida Market

The move is part of Florida's attempt to stabilize its home insurance market, which has seen rates soaring to nearly five times bigger than the national average.

By D. Ong
'California’s Largest Home Insurer Will Not Renew Over 70,000 Due to Fire Risk

The non-renewal will occur on a rolling basis and will start in July this year for homeowners and August for commercial apartment owners.

By D. Ong
'Florida Lawmakers Propose New Bill To Reduce Home Insurance Premiums

If passed, the new bill aims to reduce homeowners insurance premiums by at least 25%.

By D. Ong
'More Than 6 Million Homeowners in the US Do Not Have Insurance: Study

Over $1.6 trillion in property value of uninsured homes were at risk in 2021, the study found.

By D. Ong
'Surging Home Insurance Premiums May Force American Households Out of These 5 States: Report

Home insurance premiums surged for a $300,000 property was roughly $1,770 last year.

By D. Ong
'Homeowners Insurance Soars in 10 US States: Report

The average home insurance cost rose to $1,759 nationwide, up 23% from last year.

By D. Ong
'7 Reasons Why You Could Be Rejected for Homeowners Insurance

Protecting your home with insurance is crucial, but not everyone qualifies for it. Here are some reasons why your application may be turned down by insurers.

By D. Ong
'What is the Most Common Cause of Homeowner’s Insurance Claims?

Homeowners insurance helps protect you in case of unforeseen circumstances and incidents such as fire, hail and theft. Unfortunately, people do not often realize that the number one reason for insurance claims at home is something that they never thought of. What is the most common cause of homeowner’s insurance claims?

By Staff Reporter
'Real Estate Expenses Homeowners Pay That Renters Don't

There are three core investments a person must have in their lives: A good and loving partner, a job you love, and a home you can call your own. Striving to provide yourself a home is a basic need for every human beings, and for most American households do own their homes.

By Staff Reporter