HomeHome Insurance

Home Insurance

Californians Could Benefit From New Bill

California homeowners could benefit from a new federal bill that would create a public reinsurance program for natural disasters like wildfires, which could help stabilize the insurance market after major private insurers stopped writing new policies in the state.Introduced by Rep. Adam Schiff...

7 tips for staying safe during extreme cold weather

1. Only travel if you have to During extreme cold, it’s best to just stay home, if possible. Traveling in that kind of weather increases your risk of encountering slippery road conditions and possibly ending up with frostbite. If you must get...

Citizens Cancels Lakeland Couple’s Home Insurance, Despite $56K in Upgrades

For seven months, Bill and Ann Sargent were in a twilight zone — unsure if they would have homeowners’ insurance, despite completely reroofing and rewiring their 1925 home on Cleveland Heights Boulevard. Their Orwellian odyssey began at the end of May when AAA Insurance...

Storm Henk Causes Estimated £150 Million in UK Insured Losses: PwC

Storm Henk, which battered Britain last week, caused around 150 million pounds ($190 million) in insured losses and damaged around 2,000 properties, consultants PwC said on Wednesday. Heavy rain caused major rivers to burst their banks...

Homeowners insurance could increase by 42.2% in North Carolina this year

NORTH CAROLINA (WWAY) — Proposed homeowners insurance for North Carolinian’s could rise more than 42%, but some parts of the Cape Fear may see more than double that rate. The North Carolina Rate Bureau has filed a request with the North Carolina Department of...