damage

Should you get snowmobile insurance coverage?

By Consumer Insurance Guide Staff
Should you get snowmobile insurance coverage?

Though consumers may enjoy a number of recreational activities during the winter, some are more dangerous than others, which could prompt people to make sure they have proper snowmobile insurance coverage. One of those activities that may end up leading to accidents is snowmobiling. According to the industry group the Insurance Information Institute’s 2010 fact book, which cited data from the National Safety Council, there were 12,735 snowmobile-related injuries in 2004. Given that amount of…

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Tornado damage typically covered under a standard homeowners insurance policy

By Karen Caffarini
Tornado damage typically covered under a standard homeowners insurance policy

Mother Nature continues to flex her deadly muscles in 2011, this time in the form of 362 tornadoes that ravaged seven Southern states in April, killing more than 300 people, injuring thousands more, leveling entire neighborhoods and turning even newer, well-built homes into piles of rubble. Weather authorities are calling it the second worst natural disaster in this country, following Hurricane Katrina in 2005, and the deadliest U.S. tornado in 37 years. Insured losses are…

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Does it cost more to insure an electric car?

By Peter Greenbaum
Does it cost more to insure an electric car?

You open the door, climb in and settle behind the steering wheel. Everything about this car feels familiar. It even has that new car smell. You buckle your safety belt and start the engine, waiting for the roar of cylinders. Instead, there is a strange silence.
Welcome to the electric car and a new age of driving.

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Helpful fire safety tips for the holidays

By Consumer Insurance Guide Staff
Helpful fire safety tips for the holidays

The United State Fire Administration provided fire safety tips for the home during the holidays, which if followed, will ensure a healthy and happy time for all involved.

The USFA says heating fires account for 36 percent of residential home fires in rural areas each year, and the reason for this is creosote buildup in chimneys and stovepipes. Furthermore, the USFA encourages all home heating systems be maintained regularly in order to function safely and efficiently.

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Importance of proper space heater maintenance during winter

By Consumer Insurance Guide Staff
Importance of proper space heater maintenance during winter

Space heaters can be a convenient way for people to warm up a small space, especially as the colder months arrive. It’s important that the devices are used with caution to ensure a blaze doesn’t occur.

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How to Save on Auto Insurance

By Peter Greenbaum
How to Save on Auto Insurance

In today’s tougher economy, everyone is looking to save money on car insurance. Here are ten tips to help save money in premiums, according to the Insurance Information Institute.

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Lightning mitigation provides home insurance benefits

By Consumer Insurance Guide Staff
Lightning mitigation provides home insurance benefits

Having a lightning mitigation system installed can help consumers avoid having to file a home insurance claim, according to the Insurance Information Institute.

The III, which provides information on a variety of insurance topics, said lightning resulted in $798 million in claims in 2009, with the average payout being $4,296. Jeanne Salvatore, senior vice president and national consumer spokeswoman for the organization, says the weather phenomenon plays a major role regarding damage to businesses and homes each year.

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FEMA urges homeowners not to gamble on flood insurance

By Consumer Insurance Guide Staff
FEMA urges homeowners not to gamble on flood insurance

The Federal Emergency Management Agency issued a statement Monday, warning homeowners that it could be a dangerous move to decide against purchasing flood insurance if they live in an area that could be affected by such an event.

Federal coordinating officer Brad Harris said “if more people knew the real risks and were aware of the real odds we’d have a lot more people signing up for flood insurance,” adding that roughly a quarter of all flood losses occur outside of even so-called “100-year floodplains.” This means that consumers must work to educate themselves about their real risks of suffering home damage from a flood.

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