homeowners insurance
Island Insurance Adds New Discounts
Hawaii’s largest locally owned and managed property and casualty insurance company, Island Insurance Co. Ltd., has announced the expansion of it’s existing multi-policy discount to include an additional discount on homeowners insurance. Under the new plan, customers who have both their personal auto and homeowners policies with Island Insurance will be eligible for an additional […]
Read moreEarthquake Rattles Oklahoma
You probably wouldn’t think to buy earthquake insurance if you lived in Oklahoma, but perhaps wherever you are, you should think again. According to local NPR station KGOU a quake at 9:06 CDT on Wednesday morning was one of the strongest earthquakes ever recorded in Oklahoma, left two people with injuries (minor ones), and was […]
Read moreCalifornia Insurers Get Incentives to Go Green
California insurance companies now have new reasons to go green. A new law, AB 1011, which was authored by Insurance Commissioner candidate Assemblyman Dave Jones, was signed into force by Governor Arnold Schwarzenegger. The new law will require the California Department of Insurance to gather information about insurance companies work toward green investments and reduction […]
Read moreUniversity of Nevada, Reno to Expand Earthquake Research Center
If insurance against earthquakes is a concern of yours, you’ll be interested to know about a new $12.2 million federal grant that was given to the University of Nevada, Reno, in order to make their earthquake research center the largest quake simulation facility in the nation, more than doubling its size. The new Shake Table […]
Read moreSchwarzenegger Signs New Insurance Disclosure Bill into Law
Last Friday in California, Governor Arnold Schwarzenegger signed AB2022, which establishes new guidelines for homeowners insurance disclosures, into law. It will go into effect on July 1st of next year. Specifically, the new law changes the mandatory language of the California Residential Property Insurance Disclosure, in order to make the description of types of homeowners […]
Read moreConnecticut Asks President Obama to Reconsider Tornado Damage Aid
Connecticut doesn’t get hit by tornadoes very often, so it shouldn’t come as any surprise that most of the state’s residents don’t have wind insurance in their homeowners coverage. After all, even in places where tornadoes happen every year, protection against severe wind storms generally comes in the form of a policy rider. It should […]
Read moreOne-year Extension to Flood Insurance Program
It’s hard to believe it’s been over a month since we reported that the National Flood Insurance Program was on hold, but today’s report on the program is even better than yet another 30- or 60-day extension. Instead, we’re delighted to report that last night, in a unanimous vote, the United State Senate passed a […]
Read moreSimple Home Maintenance Can Help You Avoid Water Damage, Travelers Says
Last week, the Insurance Journal reported on some interesting survey results from Travelers insurance. It seems that even though most homeowners are more afraid of fire damage, most homes – even if they’re not in a coastal or riverfront location – are ten times more likely to be damaged by water. While no one is […]
Read moreFriday Filmstrips: Fire Insurance Claim Tips
A house fire is one of the worst things most of us can imagine, but the trauma is even greater if you file a fire insurance claim incorrectly. For this week’s Friday Filmstrip, courtesy of YouTube and the Property Claim Tip guys, we offer a video on fire insurance claims. Enjoy!
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