Late winter water problems bring home insurance into spotlight

Personal Finance News

The late winter months often bring with them the threat of water damage to homes from multiple angles, so being aware of what is covered by home insurance and what isn’t can be critical to the financial well-being of home owners.

Satisfaction with home insurance companies at record high

Personal Finance News

Overall homeowner satisfaction with home insurance companies recently reached an all-time record high, J.D. Power and Associates said in a September report.

Lightning accounts for almost $1 billion in insurance costs in 2011

Personal Finance News

Costs associated with lightning strikes totaled almost $1 billion in insured losses in 2011, the Insurance Information Institute (I.I.I.) said in a recent report.

III: Coastal home owners must understand Hurricane insurance

Personal Finance News

Those who own homes in coastal states should take steps to understand the hurricane deductible associated with their homeowners insurance, the I.I.I. urged in a recent report.

Dog bites account for one-third of home insurance claim dollars

Personal Finance News

More than one of every three homeowners insurance liability claim dollars that were paid out in 2011 resulted from dog bites, the Insurance Information Institute (I.I.I.) said in a recent report.

Informed consumers can save money on home insurance

Personal Finance News

Asking the right questions can go a long way toward obtaining the best home insurance coverage and the best price, the Insurance Information Institute said.

Q&A: Making your home resistant to disasters

Personal Finance News

By choosing the right improvements to make for your home, you can – and probably will – see a difference in premiums.

Q&A: Home security and home insurance go hand in hand

Personal Finance News

Home insurance policies protect your pocketbook from the expense of an insurable claim, but they do not do anything to protect your possessions from actually getting ruined.

NAR urges reauthorization of National Flood Insurance Program

Personal Finance News

With Hurricane Irene bringing heavy rains to various parts of the country, flooding to homes and businesses is on the minds of many home and business owners alike.

Q&A: Ways to cut your home insurance costs

Personal Finance News

Cut homeowners insurance cost by increasing deductibles, get multiple policies with the same insurer, and keep your credit score high.