Does Homeowners Insurance Cover Home Renovation Risks?

Posted by Todd Rockefeller on Tue, Apr 05, 2022 @ 12:22 PM

Planning a big remodel? It’s important to consider what can go wrong when updating or renovating your home and hiring professionals to complete your home projects. This article discusses some best practices for hiring contractors and some potential pitfalls to avoid.

Read More

Tags: homeowners insurance, home renovation

Dwelling Limit and Surge Impact - New Strains for Homeowners Insurance

Posted by Peter Lanza on Fri, Feb 04, 2022 @ 11:15 AM

Since the inception of the coronavirus pandemic in early 2020, property values have been rising at the fastest rate since before the Great Recession. At the same time, an inflationary economy has put a strain on global supply chains, ultimately affecting reconstruction costs. This article discusses how your property insurance dwelling limit could be impacted by rising property values and how rising supply costs can subsequently affect home reconstruction costs.

Read More

Tags: homeowners insurance, homeowners insurance dwelling limit

Is Water Backup Covered by Your Homeowners Insurance Policy?

Posted by Peter Lanza on Wed, Feb 02, 2022 @ 11:47 AM

Water backup can be a costly event for homeowners. Whether it occurs due to a malfunctioning washing machine or from a broken water pipe, water damage is a common issue that can be painful to clean up. This article discusses types of water damage exposures and how your homeowners insurance policy could respond to different claim scenarios.

Read More

Tags: homeowners insurance, homeowners insurance water backup claims

Renovating Your Home? Don’t Forget These Insurance Tips

Posted by Peter Lanza on Tue, Dec 22, 2020 @ 12:16 PM

Americans love their home renovations. Creating the perfect space has become a national pastime, and home improvement spending in the U.S. continues to reflect that passion.

Read More

Tags: homeowners insurance, home renovation

3 Tech Tools that Reduce Homeowners Insurance Claims

Posted by Peter Lanza on Mon, Mar 09, 2020 @ 01:21 PM

Homeowners insurance is something you buy while hoping you’ll never need it. With some of the gadgets on the market, preventing a homeowners insurance claim can be easier than ever. Here’s a look at the tech that can help you avoid some of the most common causes of claims.

Read More

Tags: homeowners insurance, reduce homeowners insurance claims

What You Need to Know about Ice Dam Coverage

Posted by Peter Lanza on Fri, Jan 18, 2019 @ 08:15 AM

When it comes to winter here in the northeast, ice and snow are as inevitable as the sunrise and sunset. Every homeowner knows the headaches that can accompany those forces of nature. In fact, one in every 50 insured homeowners files a claim related to water damage or freezing every year according to the Insurance Information Institute.

Read More

Tags: homeowners insurance, ice dam coverage

The Calm Before the Storm: A Perfect Time to Review Your Homeowners Insurance

Posted by Todd Rockefeller on Thu, Aug 30, 2018 @ 09:00 AM

If you live or vacation on the Atlantic coast, you’re no stranger to inclement weather. And you know June through November is hurricane season, with disaster always just one storm away. Yet things seem oddly quiet this year. Before this hurricane season started, the National Oceanic and Atmospheric Administration (NOAA) predicted a 75 percent chance the season would be average or above average. But with little happening so far, NOAA has downgraded its predictions and now expects the season to be less severe.

Read More

Tags: flood insurance, homeowners insurance

Sandy victims hit with flood insurance double punch

Posted by John Cofini on Wed, Nov 05, 2014 @ 01:34 PM

When Hurricane Sandy hit in October 2012, it impacted 24 states, including the entire eastern seaboard from Florida to Maine and as far west as Michigan and Wisconsin. It damaged hundreds of thousands of homes and businesses, forced thousands of people into shelters, and wreaked havoc on vital infrastructure. Overall damage estimates in the U.S. are around $65 billion, making Sandy the second costliest hurricane in U.S. history after Katrina.

Read More

Tags: New York insurance, New York homeowners insurance, flood insurance, homeowners insurance, Sandy recovery