Home Insurance Articles

Savvy home insurance customers know that one key to low rates is only buying the coverage that is truly necessary and appropriate. Contrary to popular belief, the homeowner’s insurance needs of a first-time buyer may be quite different from the needs of an empty nester or a well-established homeowner with a large family still under [...]

The average American is used to the idea that a landlord might place restrictions on the types of pets allowed to live in the building. Most people who purchase their own home, however, believe that their choice of pet is nobody else’s business. That, however, may not be the case. Homeowners insurance companies sometimes have [...]

With the winter season beginning to wind down and spring right around the corner, now is a good time for homeowners across the nation to reassess their possible need for a specialized form of homeowners insurance: flood insurance. Contrary to popular perception, the standard homeowners insurance policy does not cover water damage that is the [...]

Most people think of homeowners insurance as financial protection that becomes useful when truly catastrophic events such as fires, hurricanes or robberies occur. Other people think of them primarily in terms of liability, protecting homeowners from having to pay damages when, for example, a visiting neighbor trips and is injured. In the state of Florida, [...]

According to Robert Hartwig, who serves as the Insurance Information Institute’s president, natural disasters related to weather led to economic losses in excess of $70 billion during 2011. Insured damages totaled close to half of that number. That figure is quite high, considering that insured damages per year for the entire decade of 2001 through [...]

The Gulf States have had several serious weather events in recent years, and Louisiana has perhaps suffered worse than her neighbors. Because of hurricanes and tropical storms, residents in the Southeast have sometimes needed to secure homeowners insurance through insurers “Of Last Resort.” This phrase refers to insurance operated by the state government for the [...]

There are few things more comforting than sitting in a snug, well-heated home during the winter, enjoying the sight of snow falling outside. Unfortunately, however, in order to create that “snug as a bug in a rug” feeling, some homeowners take risks that can result in home fires. While it is important to maintain homeowners [...]

New research has determined that a surprising number of Americans lack a clear understanding of how their home insurance may deal with various events that are considered by many people to be “Wild Cards.” Such events, in fact, may not be more unusual than fire and theft, but they strike consumers as unusual. Unfortunately, consumers [...]

No homeowner wants to be informed by his or her homeowners insurance company that continued coverage will depend on the payment of surcharges. Such charges, however, are being assessed on an increasing basis as insurance companies seek to accurately price risk so that they can offer fair and reasonable prices to all of their customers. [...]

Natural weather phenomena as severe as hurricanes or as mild as seasonal storms can have an impact on homeowners in both the short and long term, as spring storms in eastern Tennessee are now demonstrating. In the short term, of course, homeowners can see their houses or mobile homes damaged by the excessive wind that [...]

Everyone wants to get the best deal possible on their insurance rates. This principle holds true in virtually every area of commerce from buying a new car to stocking the pantry with a variety of breakfast cereals. Unfortunately, many of the strategies that are useful when it comes to cars and food are just not [...]

Citizens Insurance Company, the home insurance company of last resort in the state of Florida, is informing homeowners that the “replacement cost” of their homes has increased dramatically. This means that Floridians interested in maintaining their homeowners insurance policies with Citizens will have to pay much more in premiums in coming years. A sample home, [...]

Much of life in New Orleans has returned to normal now, several years since the devastation wreaked by Hurricane Katrina. For many residents, however, the exception to that rule is the rate they must pay to obtain and maintain a homeowners insurance policy. That rate has increased steadily since Hurricane Katrina struck, but according to [...]

The current Massachusetts Attorney General, Martha Coakley, has requested a hearing to investigate the ways insurance companies calculate the homeowners insurance premiums they charge consumers. The State Rating Board is the agency in charge of looking over insurance company data to see if collected information justifies the amount being charged to homeowners in the form [...]

Citizens for Homeowners Insurance Reform (CHIR), a Massachusetts consumer group, is pressuring State Legislators to require insurance companies to provide justification for price increases on homeowners insurance policies. So far, the effort appears to be bearing fruit. Massachusetts regulators have issued a warning to insurers that they may come under increased review if rate hikes [...]

Eight years ago, the state of Texas made major changes to their laws that regulate and provide oversight of insurance companies offering home insurance policies. In the years that have since passed, insurance companies in the state have sought to control their costs by eliminating certain kinds of coverage and decreasing others. Coverage Levels on [...]

Most people who purchase a homeowners insurance policy would like it if their coverage carried lower premium payments, but many are unaware that there are a variety of strategies that can prove useful when it comes to arranging for lower rates. Two of the most significant ways in which consumers can save money are through [...]

Several factors are contributing to increased costs for home insurance policies in states such as Nebraska, with some consumers seeing their annual premiums rise by as much as 17%. One contributing factor is increased costs to insurers in these states. In many cases, wind and hail damage from severe storms is the culprit. Mele Telitz, [...]

In the United States, homeowners insurance policies are generally regulated at the state level. Requirements in terms of the coverage offered and the procedures insurers must follow can be very different in California and Maine. This is to the benefit of insurance consumers because it reflects the belief that lawmakers at the state level will [...]

Companies that offer homeowner’s insurance policies help people who have purchased a home. By providing coverage in the event of an unforeseen calamity, insurance helps to protect the financial investment that is part and parcel of buying a home in the United States today. These kinds of insurance policies are usually regulated at the state [...]

Countless Americans across the nation have purchased expensive security systems and still wonder about the real security of their homes against burglars. The only way to know if your home is well defended is by failing to protect yourself from one. Those that have been victims of burglaries often learn valuable security lessons the hard [...]

The Midwest of the United States based on popular opinion will most likely be the most affected by floods this year. As large snow banks begin to dissipate with the coming of warm weather. This will lead to large amounts of water being introduced into lakes, streams and rivers. Causing them to breach maximum capacity. [...]

The internet has made it very easy to get all types of insurance quotes online. It has become a less stressful and more streamline way of obtaining a policy. But there are always certain facts/ situations, Homeowners especially should know before reacting on the insurance quotes they will receive from agents online. Protect yourself and [...]

Homeowners insurance is usually the most useful way to secure your largest investment. This article is not only focused on homeowners. It is written for both homeowners and those who may be in the market to purchase a home. Before you continue to read this article on homeowners insurance; we’d like to make you aware of some important factors relevant to home insurance.