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‘’ 2012 ‘’ October

Archive for October, 2012

NC insurance head defers homeowner’s rate issue

NC insurance head defers homeowner’s rate issueNews from Businessweek: RALEIGH, N.C. (AP) — Two weeks ahead of an election deciding whether he keeps his job, North Carolina’s insurance commissioner told companies on Tuesday they’ll have to prove they should be allowed to increase homeowner’s premiums by a statewide average of 17.7 percent. The move by [...]

Springfield Homeowners Insurance Rates Could Skyrocket

Springfield Homeowners Insurance Rates Could SkyrocketNews from WJHG-TV: Springfield- According to a recent report by the Insurance Service Office, the city of Springfield ranks among the least prepared to handle fires. On a scale from one to ten, ten being the worst, I.S.O. said Springfield risks rising to the very top. The issue came up [...]

Home insurance high on Florida stress list

Home insurance high on Florida stress listNews from Sarasota Herald-Tribune: Homes are see with a protective blue tarp in Fort Lauderdale on Oct. 26, 2005. Homes on both coasts were damaged by the hurricane. ASSOCIATED PRESS ARCHIVE Published: Sunday, October 21, 2012 at 9:44 p.m. Last Modified: Sunday, October 21, 2012 at 9:44 p.m. Rising [...]

Homeowners insurance industry is hoping early signs of cold

Homeowners insurance industry is hoping early signs of coldNews from Live Insurance News: Though the majority of damage caused by winter storms is covered by homeowners insurance, it is highly recommended that efforts be taken to help protect the home against harm from frost, freezing, snow, wind, and other problems throughout the colder season. Some [...]

7 Great Home Insurance Discounts Your Agent Won’t Tell You About

7 Great Home Insurance Discounts Your Agent Won’t Tell You AboutNews from Investing Answers: With the average annual premium for homeowner’s insurance at $ 808, there are plenty of reasons to look for discounts, especially for homeowners in such hurricane-prone states as Louisiana ($ 1,586 average premium) and Florida ($ 1,101). Raising the deductible and [...]

Time racing for comment on NC home insurance hike

Time racing for comment on NC home insurance hikeNews from CBS News: RALEIGH, N.C. — Time is running out for North Carolina homeowners to offer their view of a proposal by insurance companies doing business in the state to increase premiums by an average of nearly 18 percent next year. Friday is the deadline to [...]

Time racing for comment on NC home insurance hike

Time racing for comment on NC home insurance hikeNews from WAVY-TV: Updated: Friday, 19 Oct 2012, 4:09 AM EDTPublished : Friday, 19 Oct 2012, 4:09 AM EDT RALEIGH, N.C. (AP) — Time is running out for North Carolina homeowners to offer their view of a proposal by insurance companies doing business in the state to [...]

Some homeowners insurance policies canceled because of dirty roofs

Some homeowners insurance policies canceled because of dirty roofsNews from WXYZ: (WXYZ) – You may not think about cleaning the roof of your home but insurance companies now say you should. Whether you do or not could affect your policy. Is your roof dirty?  Does it have dark streaks or green moss growing on it? [...]

Better building codes for better insurance

Better building codes for better insuranceNews from Corpus Christi Caller Times: CORPUS CHRISTI — Strong, enforced building codes aren’t just a key component to reforming the Texas Windstorm Insurance Association, as a recent story by Corpus Christi Caller-Times recently pointed out, but also for controlling the cost of homeowners insurance in all parts of Texas. [...]

How much could your homeowners’ insurance go up?

How much could your homeowners’ insurance go up?News from Gaston Gazette: Published: Tuesday, October 16, 2012 at 17:14 PM. North Carolina’s insurance companies are asking for an average 18 percent increase in the premiums homeowners pay. For Gaston County, the N.C. Rate Bureau called for homeowners to pay 9.4 percent more. Insurers are asking for [...]

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