October 3, 2013 More Bay Area Residents Live In Flood Zones Under New FEMA Maps Tens of thousands of homeowners in the Bay Area and across the country are getting a wakeup call. New maps from FEMA show they are now living in flood zones. Mark Kelly reports.
October 3, 2013 Minnesota house insurance premiums leap after just one claim Minnesota tops the nation in terms of how much the cost of a homeowners insurance policy jumps after a claim. Filing just one claim raises the annual premium cost in Minnesota an average of 21.2 percent, according to report out Wednesday by InsuranceQuotes.com, an online…
October 3, 2013 UP Hosts October 3 Meeting, Fourth Workshop to Answer Insurance Questions To help Black Forest residents with insurance questions United Policyholders, an experienced non-profit consumer group, will be hosting another one of its nationally recognized “Roadmap to Recovery” workshops on Thursday, Oct. 3. The free workshop, specifically addressing questions about Contents / Personal Property Claim Help…
October 3, 2013 Dark Water: A Year After Hurricane Sandy LONG BEACH, N.Y. — In lines at the grocery store and the post office here, the usual pleasantries are still squeezed out by talk of the slow pace of reconstruction, spiking flood insurance premiums and whether the hospital, movie theater or sports club will ever…
October 2, 2013 One Home Insurance Claim May Raise Your Premium By Up To 21% Study) It probably comes as no surprise that filing an auto insurance claim will likely result in a raised annual premium. What may be shocking to some, however, is that filing a claim on your home insurance policy could also result in a hefty rate increase.…
October 1, 2013 Flood insurance program extends Proof of Loss deadline for Sandy claims On October 1st, 2013, the National Flood Insurance Program extended the deadline for filing Superstorm Sandy proofs of loss for another 6 months past the current October 28th, 2013 deadline. United Policyholders commends the program for giving this much needed breathing room to property owners.…
October 1, 2013 Be Patient With The Health Insurance Exchanges t’s time to start shopping for health insurance on the new exchanges also known as marketplaces) created by the federal Affordable Care Act. To get the scoop on what consumers should know when these marketplaces open, InsuranceQuotes.com chatted with Amy Bach, executive director of United…
September 27, 2013 Raising the roof on home insurance fine print Dean Jarvis is a State Farm agent in Tennessee who believes that home insurance should protect a person’s home. He’s blown the whistle on a reduced coverage product that Allstate rolled out in Oklahoma and has now gotten the OK to sell in many other…
September 24, 2013 Flood insurance prices expected to surge A tide of flood insurance rate increases is rolling in, despite the efforts of state and federal legislators to stem it in waterlogged areas, with 25 percent hikes in the offing beginning Oct. 1, 2013. The nonprofit consumer group United Policyholders, which provides insurance advice…
September 17, 2013 UP offers flood insurance tips on what’s covered, what’s not According to United Policyholders, a homeowner’s policy covers falling and rain-driven water, so if the storm created any breaks in the house exterior — holes in the roof, broken windows, penetrated seals through which rain fell or through which wind drove rain inside — there…
September 17, 2013 AUDIO – Flood-Damaged Homes: Who Pays? A looming question for homeowners in flooded areas is what to do about the damage to their homes. Who will pay for the repairs? Host Ryan Warner speaks with Amy Bach, executive director of United Policyholders, a consumer advocacy group. For FEMA assistance, www.disasterassistance.org.
September 16, 2013 6 Months After High Park Fire Insurance Woes Loom Large On the 6 month anniversary of the High Park Fire, life is different and challenges abound. Challenges like working through the labyrinth of insurance claims. 259 homes were destroyed by the High Park Fire. Dale and Marilyn Snyder were among them. They didn’t think they…
September 16, 2013 Pitfalls of Long-Term Care Insurance Products When Nancy Nasief was diagnosed with ovarian cancer in 2007, her husband Edmund G. Nasief Jr., a UBS advisor, wasn’t thinking about long-term care insurance. It was about the last thing on his mind. In fact, when one of the members of his advisory team,…
September 15, 2013 A Flood of Hurt While listening to a speaker at the First Party Claims Conference in Rhode Island last October I vowed to bone up on flood insurance. I’d been marginally involved with state regulators at the NAIC in examining efforts to reform the National Flood Insurance program (NFIP). UP had…
September 5, 2013 Manitou business owners wade through muck to assess losses More than 20 businesses suffered losses from the flood that swept through Manitou Springs on Friday and owners say some may not reopen for up to two weeks as they clean up damage. Many of the shops in the 700 block of Manitou Avenue and…
September 5, 2013 Lack of insurance an issue after Manitou flood Many of the businesses in Manitou Springs that suffered losses in Friday’s devastating flood didn’t have flood insurance because they couldn’t get it for their location or couldn’t afford it, said an official from iManitou, the city’s chamber of commerce, economic development office and visitor’s…
September 3, 2013 Oklahomans’ homeowners insurance will remain among nation’s most expensive Residents of tornado-prone Oklahoma already pay some of the highest rates for homeowners insurance in the nation — and rates are only going up. It’s not uncommon for insurance companies to raise rates in a region after a catastrophe like the tornadoes that hit Oklahoma…
