The National Association of Insurance Commissioners has released its report on home insurance rates. Overall, the average premium nationwide was $788 in 2008. The figure marks a decline from the $816 paid in 2007.
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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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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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The holiday shopping season is on its way, leading many consumers to wonder how they can save a little money to help buy presents.
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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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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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LOS ANGELES, Calif. — Thousands of residents from Los Angeles
When you’re young, long-term care insurance is not something
