Category: Home Insurance

What is Umbrella Insurance and Do I Need It?

Posted: November 2, 2020

What is Umbrella Insurance and Do I Need It? If you have a fair amount of retirement assets saved up (like a lot of folks out there), the answer may well be yes. Here’s why and what to expect. Homeowners insurance, car insurance, health insurance, life and disability insurance … if you already have all these policies in place as part of a strategic protection...

Every American home is getting a flood-risk score – and many are at higher risk than previously known

Posted: August 26, 2020

As Hurricane Laura bears down on the Gulf Coast, residents are preparing for what could be a historic storm surge. The potential for widespread flooding is high, but even after major storms like Hurricane Harvey in 2017, some homeowners in high-risk areas still do not have flood insurance. That’s because today’s federal flood maps, which guide insurance demand, are backward-looking and don’t factor in the...

How Much Homeowners Insurance Do I Need?

Posted: February 10, 2020

  If you own a home, you may wonder how much homeowners insurance you really need. After all, the more coverage you have, the higher the premiums—and you probably want to avoid paying more than you need to. Still, if you don’t have enough coverage, could you afford to rebuild your home and replace your belongings if a disaster were to strike? The good news...

These Christmas Present Hiding Spot Could Be Jeopardizing Your Home Insurance.

Posted: December 9, 2019

They`re not even safe under the tree... Have you already sorted out your Christmas shopping? If you have you are probably looking for somewhere to hide Christmas presents. However, one insurer is warning households to be careful about where they hide Christmas presents. Some hiding places around the home could tempt burglars and even jeopardize an insurance claim. A study commissioned by Aviva found that...

Florida doesn’t require home sellers to reveal flooding history

Posted: October 29, 2019

Heather Gaker found her dream home on North Lake Drive in Boynton Beach in 2015. It had 28 species of palm trees, a mother-in-law suite and — according to what the sellers and the Realtor told her — no history of severe flooding. One summer rainy season later, 60-year-old Gaker started to suspect that last part wasn’t true. Floodwaters regularly puddled on her street, in...