Category: Home Insurance

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...

How Much Insurance Does Your Small Business Need?

What initiates the need for business insurance? If you are in business, you need insurance. The question is - what kind of policy is appropriate? And this is true even if you are a home-based business. If you are consulting or providing expert advice, you may need to purchase errors and omission insurance. A landlord will often require a general liability policy as part of...