More Homebuyers Include Insurance Contingency Clauses in Their Offers
Posted: December 17, 2024
If you are in the market for a new home in a state at high risk for natural catastrophes, you can save yourself time, stress and a headache if you start planning for home insurance before you place a bid. Gone are the days of calling up an insurer a few days before escrow closes. Prospective homebuyers in states like California, Florida, North Carolina, Oklahoma...
Auto Insurance Minimum Liability Levels to Double
Posted: December 10, 2024
Thanks to a new law, starting Jan. 1, 2025, California is increasing the minimum liability coverage levels that drivers in the state will be required to have on their auto insurance policies. The new minimums, double current levels, are meant to keep up with inflation, particularly the cost of car repairs and medical costs. While the minimums have long needed to be increased(they've been in...
Playing It Safe During the Holiday Season
Posted: December 3, 2024
The holidays should be a magical time. Yet each year, hospital emergency rooms treat about 8,700 people for injuries, such as falls, cuts and shocks related to holiday lights, decorations and Christmas trees. Keep the season merry with this list of safety tips from the American Academy of Pediatrics and the U.S. Consumer Product Safety Commission. Safer trees and decorations When purchasing an artificial...
How to Protect Your Home and Family During Thanksgiving
Posted: November 26, 2024
As Thanksgiving approaches, remember to use added caution when celebrating the holiday. Thanksgiving Day is the most common day for home cooking fires to occur, followed by the day before Thanksgiving and Christmas Eve. The are an average of 2,300 home fires on Thanksgiving Day each year, according to the US Fire Administration. That's more than three times as many that occur during a typical day of...
State Law Requires Insurers to Verify Your Annual Mileage
Posted: November 19, 2024
Under California law, auto insurers are required to verify vehicle mileage at least every three years, including current annual mileage and miles driven to and from work and/or school. The state requires insurers to collect this information so that they can price their policies according to a policyholder's risk and ensure that drivers who spend more time on the road pay a higher premium than...