Category: Home Insurance

BBB warning homeowners to be aware of home improvement scams this spring

Renovation season may see financial hits via scams BOISE, Ida. — Spring is in full swing and that means renovation season is here. The Better Business Bureau is warning homeowners who are looking to freshen up their space this season to watch out for potential scammers. In 2018, there were nearly 450 home improvement scams across the United States reported to the BBB Scam Tracker.... Read Article

What! My Flood Policy Doesn’t Cover Flood Damage?! This, and Other Pitfalls of Nfip Flood Insurance Policies

Congress created the National Flood Insurance Program (the "NFIP") to help make flood insurance more affordable in higher-risk areas. FEMA oversees the program and writes the terms of the Standard Flood Insurance Policy (the "Policy"), and the Federal government pays claims.  Since the NFIP is a government program designed to help those suffering from flood damage, you might think that the claims process is worry-free.  Unfortunately, that... Read Article

Real-Estate Matters: Homeowners insurance comes with caveats

Q: I read your recent column (Jan. 27) about insurance coverage. In the past, I had three house fires that I had to deal with. None of these fires were my fault. Every time, I had problems with my insurance companies. In the column you mention that you had friends who had a $1 million homeowners replacement policy, and how the insurance company paid $2... Read Article

National flood insurance changes praised by climate advocates

President Donald Trump is a notable climate change skeptic, but his administration is making changes to national flood insurance through FEMA that reflect the reality of rising seas and devastating natural disasters. And climate advocates are praising the move. FEMA is unveiling Risk Rating 2.0, a new system designed to tie national flood insurance premiums to the actual flood risk facing each home. FEMA’s deputy... Read Article

What an insurance agent looks at to determine roof damage claims

Sunday’s wind storm may have caused some roof damage for homeowners throughout the Miami Valley along with tree limbs scattered on their property. News Center 7’s Monica Castro talked with an insurance agent about what they look at to determine if your roof needs to be replaced or repaired. Most insurance policies will cover wind damage caused by a storm. To determine what steps to... Read Article