Homeowners
The Insurance Market Cycle: Hard Versus Soft Markets
The commercial insurance market is cyclical in nature, fluctuating between hard and soft markets. These cycles affect coverage availability, terms,...
What are Coverage Exclusions in Homeowners and Auto Insurance? (Video)
Insurance policies often explicitly state what they will not pay for. These are known as coverage exclusions. It is important to understand your...
P&C Industry’s Net Underwriting Loss to Hit A 10-year High Of $38B
The U.S. property and casualty (P&C) sector is likely to post a $38 billion net underwriting loss for 2023—a 10-year high, according to AM Best....
Prevent Water Disasters with Automatic Water Valve Shutoff Systems
Claims related to water damage can damage both your property and your access to favorable insurance rates. According to the Insurance Information...
Why Home and Auto Insurance Rates Are Continuing to Rise
Why are insurance rates rising? Insurance rates are based on a number of factors, including the cost of repairing or replacing damaged property, the...
9 Strategies to Reduce Property Insurance Costs
There are many ways to reduce property insurance costs without taking unnecessary risks. Let’s talk about some of these strategies.