Writer, editor, dog lover
It’s no secret that home insurance costs are rising, in large part due to increased claims from floods or other natural disasters. Prices are also increasing due to industry consolidation and disruption as insurance companies exit whole markets. You’ll need to check your policy more frequently to ensure you get a good deal and enough coverage.
Click here to read the full story.
If you’re like most homeowners, your home is your biggest asset. Protecting it should be a top priority.
Plus, nearly every mortgage lender requires borrowers to buy home insurance. Which makes sense: After all, your lender wants to get repaid even if your house burns to the ground.
According to the Insurance Information Institute’s latest data, the average annual premium of a homeowners insurance policy in the U.S. is $1,211. However, home insurance costs can vary widely depending on where you live, in large part because some states are considered high-risk areas for natural disasters and, thus, policyholders in those regions are more likely to file claims.
Click here to read the full story.
Daniel Bortz 