The options for individual and small business health insurance increased in the early days of the Affordable Care Act as health insurance companies fought to snap up new customers. However, as time went on, those options dwindled when carriers realized not enough healthy people applied for policies, many choosing to pay the penalty for not having coverage rather than the premium associated with having it. Rates increased as choices dwindled.
Roof age has become increasingly more important over the past 3 years to home insurance companies due to the amount of money they’ve paid for hail damage claims in north Texas. Knowing when it was last replaced can have a positive or negative impact for the home buyer. Here are 4 ways the roof’s age can impact a home buyer.
The number of drivers without car insurance, referred to as uninsured motorists by most insurance carriers, is rising nationally. Almost 1 in 8 drivers, or 13%, did not carry car insurance in 2015 despite it being required in 49 states. This was up from a national average of 12.3% in 2010.
When should a home buyer obtain a home insurance quote once their offer has been accepted? Should it be right away, before the inspection, after the inspection, or before closing?
According to NICB, thefts of vehicles in the United States rose again in 2017 by more than 4%. For the vehicles that were recovered, many were missing parts such as wheels, rims, and other valuable parts. Those that weren’t recovered, probably ended up in chop shops where they were dismantled, and their parts sold on the black market.
Over the past two weeks, I’ve written about flood insurance. I wanted to wrap up this theme and address one of the limitations of a standard, government backed flood policy and that is the policy’s limits. Limits are present on all forms of insurance including home, car, jewelry, commercial, and even flood. When I refer to a policy’s limits, I’m referring to the maximum amount of coverage available on the policy for a specific item. The question we’ll answer in this post is how to obtain coverage beyond a standard flood insurance policy’s limits.
