The deadly winter storms that descended on Texas in early 2021, following a summer of record-setting wildfires in California, have reminded many Americans of the importance of homeowners insurance. Here is some advice on how to protect yourself-from a major disaster or an everyday one. Risk From Natural Catastrophes is Increasing Many parts of the […]
How to Protect Your Home From Extreme Weather
Climate change can be a hot topic these days, but regardless of one’s views on the subject, scientists have taken an interest in how it might affect the intensity or possibility of future weather-related events. Natural disasters – whether predicted or not – expose the susceptibility and risks of our home and communities. According to […]
Severe Weather is a Wake-Up Call to Check Your Insurance
If you’ve watched the news recently, you’ve noticed that intense storms are becoming more regular, with some catastrophic results. Whether the issue is the wind damage from a hurricane, water damage due to torrential rains, or the property damage caused by a wildfire, weather-related damage is a growing concern. The increase in severe weather means […]
What You Need to Know About Flood Insurance
Flood insurance is an important policy for most homeowners to have. But only about one in seven homeowners purchase this critical safety net to protect them from the ravages of flood water. What is Flood Insurance? Flood insurance is a specialized policy that protects your home and belongings against damage from flood waters. If you’re […]
Climate Change May Affect Your Homeowner’s Insurance Policy in Two Ways
You only need to watch the news once to understand that weather events have become more dramatic over the past 10 years. According to Maryland State Insurance Commissioner Al Redmer, whether you’re talking about tornadoes, floods, hurricanes, or wildfires, “Both the number and severity of natural disasters have increased” – and so have the number […]
Extreme Weather, Its Effect on the Economy and You
Extreme weather is a meteorological event that falls outside the realm of normal patterns. Weather describes conditions in the Earth’s atmosphere that occur over a short period such as days. Climate describes the weather that occurs over a longer time such as decades. Climate affects weather. For example, weather in the temperate areas is more […]
Flood Insurance
Flooding is the most common and costly natural disaster in the United States, causing billions in economic losses each year. According to the National Flood Program (NFIP), 90% of all natural disasters in the United States involve flooding. There is no coverage for flooding in standard homeowners or renters policies or in most commercial property […]
3 Types of Water Damage
Is Your Home Insured For Water Damage? Water is one of the most common causes of damage in homes, and it represents a large number of insurance claims. Water damage to your property can happen from any number of sources: Plumbing or Appliances Severe Weather or Storms Accidents Infiltration Causes of Water Damage in Insurance: […]
Common Questions About Flood Insurance
Check out the answers to some common questions about flood insurance. Answers all come from the Federal Emergency Management Agency (FEMA). I Don’t Have Flood Insurance – Why Do I Need It? Floods are the nation’s most common and costly natural disaster and cause millions of dollars in damage every year. Floods cost America, on […]
Water Damage in Your Home
Water damage is the leading cause of property-related losses for homeowners, according to Chubb claims data. A recent Travelers report revealed similar findings. After analyzing eight years of claims data, the insurer found that 20% of homeowners claims were attributable to non-weather water issues including plumbing, sewer or appliance leaks and failures – making non-weather […]