The average cost of homeowner’s insurance has been rising steadily over the past decade, according to data from the Insurance Institute.
In fact, the average homeowner’s insurance premium, which was just $508 in the year 2000, is estimated to climb to $879 this year.
That’s nearly a 75% jump in the cost of homeowner’s insurance, not welcome [...]
American consumers submitted 38.8 million online quote requests and purchased a record 2.8 million auto insurance policies online last year, according to a recent study conducted by comScore.
Both requests and purchases were up more than 20 percent versus the previous year as consumers looked for new ways to save on auto insurance during the ongoing [...]
Although car insurance rates are cheaper for women than men, new technologies seem to be making teen girls a greater risk behind the wheel, according the Allstate 2009 State of Teen Driving survey.
Of the 1,063 teens who participated, 51% of girls said they were likely to use a cell a phone to talk, text, or [...]
As of today, auto insurance is mandatory in the state of Wisconsin.
Going forward, drivers in the state will be required to carry liability coverage and proof of insurance.
The minimum liability limits in Wisconsin are $50,000 per person for bodily injury, $100,000 per accident for bodily injury, and $15,000 for property damage.
The state’s minimum liability limits, [...]
The “Chinese drywall” problem is just starting to snowball. According to Independent Agent Magazine, “the property loss from Chinese drywall could exceed every U.S. hurricane except Katrina (2005) and Andrew (1992).”
How much is that? The expected property loss settlements could top $20 to $30 billion dollars.
An estimated 500 million pounds of tainted drywall [...]