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Category: Home Insurance

With Premiums on the Rise, What’s the Truth about Auto Insurance?

  To quote Nobel Prize winner Bob Dylan, “You don’t need a weatherman to know which way the wind blows.” You certainly don’t need TTAC to tell you auto insurance premiums are on the rise. You already know rates are trending up, well in excess of inflation. Nonetheless, let’s unpack some of the factors that have the average American now spending more than $100 per...

In A Car Accident. Check Out These Helpful Tools

Four Things To Do After A Road Accident If you drive regularly, the statistics suggests that sooner or later, you will be involved in an accident. The only question left is how severe will the accident be. Hopefully, with a bit defensive driving and due care on your part, it will be nothing more than the inconvenience of a fender bender. With that in mind,...

How Long Will It Take for My Insurance to Pay?

My Home Was Damaged in a Storm. How Long Will It Take for My Insurance to Pay? Published October 17, 2016 Realtor.com Facebook0 Twitter0 Email Print My Home Was Damaged in a Storm. How Long Will It Take for My Insurance to Pay? (slobo) Q: What is the proper wait time to give the insurance to answer your rain damage to your home? -- Insured A:...

Natural disasters are taking a toll on Progressive insurance's bottom line and led to huge losses

The insurance industry's basic business model hinges on the idea that, over the long run, insurers can be profitable if they are smart about the policies they underwrite. For Progressive, profiting from solid underwriting practices has been a big part of its success, yet weather always plays a factor in determining short-term results. Coming into Thursday's third-quarter financial report, Progressive investors expected that the insurer had...

ARE YOU COVERED?

Does homeowner's insurance cover floods?  As residents affected by superstorm Sandy head back to their homes, many are likely to face an unpleasant reality: Homeowners insurance does not cover flooding. Only people with flood insurance are covered against the kind of storm surges that cascaded through New York and New Jersey. Those with homeowners insurance alone are likely to be compensated for their losses only...