NYC’s outer boroughs have less flood insurance now than year after Hurricane Sandy
Posted: October 29, 2019
Flood insurance coverage has dropped in all boroughs, except for Manhattan, in the wake of the superstorm By Zoe Rosenberg The coastal neighborhood of Breezy Point, Queens was hit hard by Hurricane Sandy Superstorm Sandy tore through New York seven years ago this week, and while it’s been the better half of a decade since the storm wreaked havoc on the city, homeowners throughout New...
6 ways to dramatically lower your home insurance costs
Posted: October 11, 2019
Key Points About two-thirds of American homes are underinsured, by an average of more than 20%, according to Nationwide. Knowing what type of coverage you need is critical and should include dwelling, personal property and loss-of-use coverage. To cut costs, you can hike your deductible, get discounts on home upgrades and shop around every few years. Lisa Rizzolo | CNBC The cost of homeowners insurance...
4 Questions You Should Ask Before Buying an Insurance Policy
Posted: September 30, 2019
Home, health, renter's, auto or life insurance -- don't buy any of these policies without knowing the answers to these questions. Insurance protects you from life's calamities. You want to make sure you have the right coverage so an accident, illness, or other disaster doesn't lead to financial ruin -- but how exactly can you figure out what policy is the right one? No matter...
How homeowners can financially prepare for major storms like Dorian
Posted: August 29, 2019
If you live in a hurricane-prone area, now’s a good time to check your insurance and how financially prepared you’d be if disaster were to strike. While the 2019 Atlantic hurricane season has been a quiet one so far, Dorian has disrupted that. Now a Category 1 hurricane, the storm is forecast to strengthen as it continues churning toward the southeastern portion of the U.S.,...
Homeowners insurance: Review your policy and document belongings for when disaster strikes
Posted: August 16, 2019
Home insurance may not be top of mind – until disaster hits your property. Take Kristin Schoeffel, a homeowner who says she hadn’t given her insurance a second thought since she and her husband bought their home in 2001. That changed in June, when she forgot to turn off the tap in the laundry room sink of their home in Garden City South, New York, before she...
