Insurance Companies to Disclose Climate Change Risk

US insurance regulating body, National Association of Insurance Commissioners (NAIC), now demands insurance companies to disclose how climate change will affect them. NAIC is aware of the huge risk that environment change entails, however it lacks information of how the insurance industry is planning to respond. Concerns are the availability and affordability of insurance policies [...]

Subsidence Insurance Risk Increases in the Year of the Ox

Gung Hay Fat Choy!, or Happy Chinese New Year. This year is the Year of the Earth Ox. With the ox also being an earth animal, for the coming year, till February 2010, we will have to pay extra attention to matters of the Earth. Which makes me write about a lesser known, but important [...]

Protect Your Belongings With House Contents Insurance

House contents insurance is something every homeowner should have. This is an insurance policy that can be taken out to insure the items you have built up over the years in your home in case they should be destroyed, damaged or stolen. In general anything that you could pick up and take with you would [...]

Home Insurance Risk For Flood Plain Areas

The insurance industry has warned that many new homes could be left on the housing market and become un-insurable unless the government introduces new rigid planning controls for flood risk areas. By the year 2020, a third of the 3 million proposed homes set to be built in Britain, could be on a flood plain [...]

Today’s Home Insurance News

AAA to offer point and insurance reduction program in August – Observer Today AAA Western and Central New York will sponsor a six-hour Driver Improvement Program course on Aug. 5 & 6 from 6 to 9 p.m. both evenings at the Kosciuszko Polish Home, 252 Nevins St. in Dunkirk. Class participants will receive a 10 [...]

Rental Property Investments Require Commercial Insurance

In his article ‘Buy-To-Let Property Insurance – Make Sure You Don’t Go Without It’, James C Kerr sets our common mistakes made amongst residential RE investors and how to avoid them. A common mistake amongst buy to let investors is not taking out specialist buy to let property insurance. Virtually all insurance companies view buy [...]

Wildfire victims get OK to rebuild elsewhere with insurance money

“Wildfire victims can use their insurance money to buy or rebuild burned-out homes at a new location, according to a legal opinion released Monday by the California Department of Insurance and stemming from last fall’s devastating San Diego County conflagrations. “Homeowners should know they have legally protected options when putting their lives back together during [...]

Flood Insurance: ‘Home Insurance – Avoid a Washout’

David Collins With increasing numbers of incidents of flooding every year, choosing the right insurance policy can be vital to protecting your valuables from flood damage. After the waters have receded, your first step should be to contact your insurance company – most of which have 24 hour help lines – and don’t worry if [...]

Would Your Home Be Restored To Original Condition?

By Bradley Steffens When you have an automobile accident, the repair shop is required to restore your vehicle to original condition. That means using Original Equipment Manufacturer (OEM) parts, not after market or junkyard parts. It means straightening the frame to the original dimensions, down to the millimeter. It also means refinishing the vehicle with [...]

Home Insurance: Do You Really Need It

The typical dream is to have a high paying career and buy a home where you and your family can live without fear of a landlord knocking on your door or having to move every time rent increases. But it is not only a landlords unpleasant face that will come knocking on your door. There [...]