Proper condo insurance coverage is important, but the premiums can be minimized with the right efforts. When you have purchased a new home, condo insurance can help to make sure that your investment is effectively protected against unforeseen circumstances, but this doesn’t mean that you need to pay the highest premiums. There are many quick and easy things that you can do to minimize your payments while still receiving the appropriate amount of coverage. Start by taking out two different condo insurance policies. The first will be your own insurance…
Read MoreTag: condo insurance
Homeowners insurance rates continue to skyrocket
Homeowners face increasing struggles as their home values continue to fall and maintenance costs continue to climb, with a new setback consisting of significantly higher insurance payments. Insurance rates for homes have been increasing steadily over the last few years, and the Insurance Information Institute has indicated that this year is expected to continue in that trend, with a rise of about 5 percent to reach an average of $1,004. This will have been the largest annual increase since the start of the recession, and will mark the first time…
Read MoreHow to protect your jewelry with the right insurance coverage
As award season kicks off, the world looks to the United States as the stars walk the red carpets decked out in the very finest in fashion and highly insured jewelry. This should come as a reminder that even if your own jewels aren’t worth millions, you may still be wise to give them adequate insurance coverage. According to Allstate Insurance Company’s vice president of consumer household, Keith Rutman, many people actually hesitate to wear their good jewelry in the fear that these precious items could go missing. He explained…
Read MoreChubb Insurance Group expands coverages for auto policies
The Chubb Group Insurance will be adding to, and expanding, aspects of their automotive policies. Customers in four states can now take advantage of pet coverage that was added to their auto policies. The additional coverage will help to pay for medical treatment the pet may require if it is in the vehicle when the owner is involved in an accident. The Chubb Group is also raising the limit on loss-of-use coverage, and broadening the lease (GAP) coverage. Additionally, they are adding replacement cost coverage on new vehicles; if an…
Read More