What is Knob and Tube wiring and why most insurance carriers will not insure homes with it.
Tag Archives: Homeowners Insurance
How Inflation impacts Insurance
Insurance premiums are calculated based on the potential payout vs the attributed risk. So when you review your policy, you will see that each type of coverage has its own associated premium. This provides transparency to the consumer and helps them understand better what coverages are more costly. When we talk about Auto Insurance, theContinue reading “How Inflation impacts Insurance”
Inflation: How does it affect my Insurance?
Inflation of Building materials directly affects your home insurance. read this article to learn more.
Most Common Homeowners Claim in Michigan
The most common claim for a Homeowners policy in Michigan is for Wind and Hail damage, per the Buckley Law Firm, at just under 40% of all claims. So it is no surprise that Insurance companies want to do everything they can to mitigate their risk, related to Wind and Hail. Contractors often go intoContinue reading “Most Common Homeowners Claim in Michigan”