Latest News in Home Insurance – Feb 15, 2008

State Farm cancels LI policies
Newsday – After 19 years as a customer of State Farm, Walter Buhner of Wading River received a letter from the insurer in mid-December saying it would not renew his home insurance policy “due to the unacceptably high risk of damage to your property from a …
Coalition opposes Blues expansion
Detroit News [...]

Flood Damage Control: Get Insured

Floods do indeed occur anywhere. Not only in coastal areas or as a result of tropical rainstorms. Caused by a range of factors, they may happen in many other areas as well. In the US, floods are the most common natural disaster! Be insured!
National Flood Insurance Program (NFIP)
Established by Congress in 1968, [...]

Wedding Insurance for Your Perfect Wedding Day

By Van Dorst
Weddings are major investments. I am not referring to the emotional investments in the relationship of the soon-to-be-wed couples. I mean: the financial investments of the wedding affairs. US wedding price tags average $20,000 and beyond. As wedding affairs involve such significant investments, securing these investments by taking out wedding insurance seems warranted.
At [...]

Flood Insurance: ‘Home Insurance – Avoid a Washout’

David Collins
With increasing numbers of incidents of flooding every year, choosing the right insurance policy can be vital to protecting your valuables from flood damage. After the waters have receded, your first step should be to contact your insurance company – most of which have 24 hour help lines – and don’t worry if you [...]

Zero Deductible Insurance: The Pros And Cons

Insurance that has no deductible sounds absolutely wonderful since we are sometimes stuck in the “you must meet the deductible before…” trap. This is true for health insurance, property insurance, and car insurance. Luckily life insurance doesn’t have a deductible to meet or beneficiaries would be in trouble.
First of all, one must understand what the [...]