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‘’ 2011 ‘’ May

Archive for May, 2011

Will your homeowners insurance cover you if disaster hits?

Will your homeowners insurance cover you if disaster hits? News from USA Today: Most people don’t give much thought to their homeowners insurance policy unless a tree punches a hole in their roof or they come home from vacation to find that the basement has been transformed into an indoor swimming pool. By Charlie Riedel, [...]

AP Enterprise: Tornado victims often uninsured

AP Enterprise: Tornado victims often uninsured News from BusinessWeek: By MIKE SCHNEIDER and HARRY R. WEBER ATLANTA Many of the states hammered by what’s already the deadliest year for tornadoes in more than half a century have among the nation’s highest rates of homes without hazard insurance despite being among the most twister-prone, data analyzed [...]

Coastal home insurance rates increasing

Coastal home insurance rates increasing News from The State: CHARLESTON — There’s no telling whether any of the six to 10 hurricanes forecast this year will hit coastal South Carolina, but this is certain: It’s going to cost more to insure homes against the potential danger. The “wind pool” – the state’s insurer of last [...]

Many ripped by tornadoes uninsured

Many ripped by tornadoes uninsured News from Spartanburg Herald Journal: Published: Friday, May 27, 2011 at 9:00 a.m.Last Modified: Friday, May 27, 2011 at 9:02 a.m. ATLANTA — Many of the states hammered by what’s already the deadliest year for tornadoes in more than half a century have among the nation’s highest rates of homes [...]

Arkansans not choosing homeowners’ insurance

Arkansans not choosing homeowners’ insurance News from Today’s THV: LITTLE ROCK, Ark. (KTHV) — According to a study released by AP News, Arkansas ranks 4th in the nation when it comes to people without homeowners’ insurance. Arkansas also ranks 10th as the state who is most tornado-prone. Arkansas Insurance Department Commissioner Jay Bradford says if people have [...]

AP Enterprise: Tornado victims often uninsured

AP Enterprise: Tornado victims often uninsured News from The Associated Press: AP Enterprise: Tornado victims often uninsured (AP) – 23 hours ago ATLANTA (AP) — Many of the states hammered by what’s already the deadliest year for tornadoes in more than half a century have among the nation’s highest rates of homes without hazard insurance [...]

‘Storm-free’ doesn’t necessarily mean lower homeowners insurance rates

‘Storm-free’ doesn’t necessarily mean lower homeowners insurance rates News from Charlotte Observer: Beaufort County has avoided a major hurricane for a long time, but homeowners still need to check their insurance policies each year. Here are some things to know: • Homeowner policies usually have a waiting period between the time you apply for a [...]

Who pays when the government floods your home?

Who pays when the government floods your home? News from Fox Business: The U.S. Army Corps of Engineers recent opening of the Morganza Spillway diverted water from the Mississippi River and spared New Orleans and Baton Rouge from flooding disaster. But homeowners in the rural Atchafalaya Basin who are in the pathway of the water [...]

Homeowners insurance rate hikes on way

Homeowners insurance rate hikes on way News from Hilton Head Island Packet: Follow ‘Lowcountry Business’ on Twitter Get breaking news, story updates and tidbits about Lowcountry business by clicking here. CHARLESTON — There’s no telling if any of the six to 10 hurricanes forecast this year will hit coastal South Carolina, but this is certain: [...]

Insurance company ceases homeowners’ policies

Insurance company ceases homeowners’ policies News from NewsOK.com: Some other insurance companies are raising rates on homeowners policies.GHS began offering homeowner and personal auto coverage in 1994. The insurer’s decision to no longer sell homeowners’ policies affects about 4,500 policies, or less than 1 percent of the Oklahoma market, said Jimmy Beth, executive director of [...]

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