When it comes to homeownership, there are a lot of costs beyond your mortgage payment. Your homeowners insurance is one monthly expense that should be factored into your budget and that premium can go up pretty dramatically if you have to make a claim on your policy. How big of an increase you will experience […]
The cost of insurance coverage has skyrocketed over the last few years despite the fact that inflation has slowed pretty dramatically. According to Insurify data, the average annual premium for homeowners insurance jumped roughly 20% between 2021 and 2023 and will hit an average of $2,522 a year in 2024. Car insurance has also headed […]
The Atlantic hurricane season is predicted to be severe and as it progresses, insurance agents in Louisiana are urging homeowners to review their homeowner insurance policies before a storm hits. When it comes to some homeowner coverages, there can be a waiting period before coverage goes into effect so waiting for a storm to form […]
Home insurance in Florida is notably more expensive than in many other states, and several key factors contribute to this trend: 1. High Risk of Natural Disasters Florida’s geographic location makes it highly susceptible to hurricanes, tropical storms, and flooding. The state’s long coastline and low elevation increase the likelihood of storm surge and flooding. […]
As the 2024 hurricane season approaches, homeowners along the East Coast of the United States must take proactive steps to protect their properties. States like North Carolina, South Carolina, Georgia, and Florida are particularly vulnerable to hurricanes, making it essential for residents to prepare adequately. This article outlines the necessary steps to prepare for the […]