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For Home Insurers, Weather Proves More Costly While COVID Measures Lower Claims

April 6, 2022

Catastrophic weather events such as wildfires, hurricanes and floods caused 39% of home insurance claims in 2020 – the highest percentage in the last six years. According to the 2021 LexisNexis Home Trends Report, the loss cost in 2020 also increased across all perils by 6% year-over-year, following the upward trend that the report says will likely […]

Filed Under: American Heritage, Weather Tagged With: covid, covid and home insurance, how weather affects your home owners insurance, weather and insurance, Weather Preparation

COVID-19 and Homeowners Insurance

December 9, 2020

The coronavirus pandemic has disrupted many aspects of society, but your home insurance policy will continue to function normally. Will Homeowners Insurance Premiums be Affected by the Coronavirus Pandemic? It’s hard to say with any degree of certainty what will happen to homeowners insurance rates. There are many factors to consider. First, people are staying […]

Filed Under: American Heritage, Home, Money, Pets Tagged With: covid and home insurance, home insurance discounts, homeowners insurance

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