Archive for the ‘Home Insurance’ Category

Folk Wisdom and How to Flout It

September 4th, 2010 by Amber Collins

Down through the ages, those of us who speak the English language have been handed down many homey pearls of wisdom which we would all generally do well to live by. Just like it makes sense to buy homeowners insurance to protect the investment of your home, it pays to follow good advice to protect ourselves from the consequences of foolishness. But every once in a while, even the wisest person feels the need to be a smart ass and flout the rules.

Read more…

How to Get Cheap Homeowners Insurance in South Florida

September 2nd, 2010 by Amber Collins

Cheap homeowners insurance in South Florida. You may think such a thing doesn’t exist in this state that has been regularly battered by hurricanes in the last few years. But with a little remodeling and a little comparison shopping, you can find cheap homeowners insurance in South Florida.

Prepare Your Home

One of the keys to cheap homeowners insurance in South Florida is to take advantage of all the insurance discounts that are available to you. For example, you can get discounts for installing:

* Hurricane shutters

* Impact-resistant windows

* Hurricane-rated entry and garage doors

* A stronger roof

Raise Your Deductibles

Another way to lower your homeowners insurance premium is to raise your deductible for perils such as hurricanes. T

Read more…

Hurricane Earl Threatens East Coast: Do You Have Home Insurance?

August 31st, 2010 by Richard Adams

Home insurance should be the order of the day for homeowners on the East Coast bracing for Hurricane Earl’s arrival. While the storm has been reduced to Category 3, it is bringing dangerous rip currents and large swells that could severely damage coastal homes in North Carolina, Virginia and more states up the coast.

Earl is On His Way

For homeowners living on Okracoke Island on North Carolina’s Outer Banks, mandatory evacuations have already been ordered. The same goes for all visitors to Hatteras Island. The storm, which lost some of its punch early on Wednesday, is still a major threat with winds near 125 mph. It

Read more…

Private Insurance Market Pulling Back from National Flood Insurance Program

August 28th, 2010 by Richard Adams

A number of private insurance companies are reconsidering participation in the National Flood Insurance Program (NFIP) after a Congressional stall and massive losses. The future of the NFIP has been in question for some time as Congress looks at ways to provide flood insurance to individuals in need. However, after suffering through months of ups and downs in the insurance sector, some insurers think the best solution is to pull out.

NFIP Has Been on Shaky Ground for Some Time

The National Flood Insurance Program has been going through a series of changes for some time that has left it in a semi-fragile state.

Read more…

Understanding Home Insurance

August 27th, 2010 by Amber Collins

In today’s generation home insurance has created a mark among all other forms of insurance. Homeowner’s insurance policy provides insurance to personal possessions including the house garage and other structures of property against certain risk factors like theft or fire.

Typical Homeowners insurance policy has two main sections.

Section 1 includes the property of the insured and Section 2 includes the personal liability coverage that needs to be insured.

At times, lender might require homeowner’s insurance as part of requirement in obtaining a mortgage. While buying home insurance policy one has to keep certain important things in mind. One n

Read more…

Today’s News: More Medicaid Patients Using ER, NFIP in the Red and Teen Drivers Vulnerable to Deadly Crashes

August 26th, 2010 by Richard Adams

A new report has found that more Medicaid patients are using the ER, the National Flood Insurance Program has run into problems that have put it in the red and the NHTSA has revealed that teen drivers are more vulnerable to deadly crashes.

More Medicaid Patients Using ER

Researchers from the University of California, San Francisco, say that an increasing number Americans, especially adults on Medicaid, are using the emergency room as their “safety net” for health care; the reason being that they must treat all patients regardless of health insurance coverage or ability to pay.

According to their report, five times the number of adults with Medicaid visited the emergency department than those with private insurance in 2007, as compared to only three and a half times the number in 1999. Res

Read more…