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‘’ 2011 ‘’ December

Archive for December, 2011

Home values down; insurance costs up?

Home values down; insurance costs up?News from MyFox Tampa Bay: Updated: Friday, 30 Dec 2011, 6:38 PM ESTPublished : Friday, 30 Dec 2011, 6:38 PM EST TAMPA – If you own a home, chances are your property value went down this year. But for thousands of homeowners who have Citizens Insurance, their premiums are still [...]

North Carolina Farm Bureau Weighs Cutback in Homeowners Policies

North Carolina Farm Bureau Weighs Cutback in Homeowners PoliciesNews from Insurance Journal: One of North Carolina’s largest homeowners’ insurers says it is considering canceling the coverage of up to 70,000 homeowners unless the state Legislature makes changes allowing it to charge higher rates. North Carolina Farm Bureau Executive Vice President Steve Carroll recently told state [...]

Check Your Insurance Before Hosting Revelers

Check Your Insurance Before Hosting RevelersNews from Southwest Times Record: For a homeowner hosting a New Year’s party, not having the proper liability coverage on a homeowner’s or renter’s policy could prove to be a costly mistake. That’s why Chris Elkins, an Allstate agency owner in Fort Smith, said checking with one’s insurance provider about [...]

Homeowners Drowning in Flood Aftermath

Homeowners Drowning in Flood AftermathNews from msnbc.com: Two months and two days after three homes were flooded when a water main broke at an Arlington city facility, homeowners say the wait for repairs has been exhausting. “No repairs yet and no sign of any repairs coming,” said Carol Cash. Cash’s home was one of three [...]

Disasters bring hefty premium boosts for homeowners

Disasters bring hefty premium boosts for homeownersNews from Des Moines Register: Tornadoes and other storms slammed U.S. insurance companies throughout 2011, and homeowners’ premiums are starting to rise as a result. Many Iowans are seeing double-digit increases, and a few will pay premiums more than 20 percent higher when it’s time to renew their policies. [...]

“Storm Chasers” scamming homeowners after storms

“Storm Chasers” scamming homeowners after stormsNews from CBS News: (CBS News)  To most of us, weather disasters are unhappy events to be avoided. But for con artists, they’re a chance to make a buck. Take so-called “storm chasers” – no – not people who pursue tornadoes, trying to capture them on video. These scammers prey [...]

Holiday Gift Giving Sparks Questions About Adequate Insurance Coverage for Jewelry

Holiday Gift Giving Sparks Questions About Adequate Insurance Coverage for JewelryNews from Yahoo Finance: WILMINGTON, N.C. , Dec. 21, 2011 /PRNewswire/ — When it comes to the top holiday gifts for women, jewelry is often in the top ten. If you plan on giving or receiving the gift of jewelry this year, have you considered [...]

Disasters bring hefty premium boosts for homeowners

Disasters bring hefty premium boosts for homeownersNews from Des Moines Register: Tornadoes and other storms slammed U.S. insurance companies throughout 2011, and homeowners’ premiums are starting to rise as a result. Many Iowans are seeing double-digit increases, and a few will pay premiums more than 20 percent higher when it’s time to renew their policies. [...]

Getting the best rates on homeowner insurance policies

Getting the best rates on homeowner insurance policiesNews from Reuters: By John Wasik Mon Dec 19, 2011 3:49pm EST Dec 19 (Reuters) – In just the last year alone, we’ve seen epic snow, wind, fire and rain. There were a record 12 extreme weather events in 2011 according to the National Oceanic and Atmospheric Administration, [...]

Insurer may pull back further

Insurer may pull back furtherNews from The News & Observer: One of the state’s largest insurers says its controversial decision to link homeowners and auto policies could be just the beginning of its pullback from the homeowners insurance market. An N.C. Farm Bureau executive recently told a state legislative committee that the insurer might follow [...]

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