Nothing strikes terror into a homeowner’s heart like coming home to water flooding the basement. Unfortunately, climate change has made basement floods increasingly common. It’s not only a pain to clean up, but a flooded basement can damage or destroy…
Here on the East Coast, the summer months not only bring people out of their homes to enjoy the outdoors, but it also brings hurricanes and floods. (The Atlantic hurricane season starts on June 1 and extends through November 30.) The…
When a natural disaster strikes, that fire, earthquake, hurricane or tornado isn’t just affecting people in the area. It’s affecting you and your insurance premiums. Two key takeaways: The increasing frequency and severity of natural disasters is driving rate increases…
No two buildings are exactly the same. And no two building owners are the same, for that matter. That's why one-size-fits-all policies usually don't fit anyone very well. Standard building insurance policies make certain assumptions about coverage. For instance, a…
When the remnants of Hurricane Ida struck the Northeast, many property owners discovered that their homeowners’ insurance excluded damage caused by floodwaters. Both coastal flooding—overflow of inland or tidal waters—and flash flooding—rapid accumulation or runoff of surface waters—require special flood…