Category: Homeowner Insurance

More Americans Riding Bicycles to Get to Work

A greater number of people are leaving their vehicles in their driveways and going to work on two wheels rather than four. According to a new report from the U.S. Census Bureau, in the past decade, the number of people who commuted to work by bicycle increased nearly 60%, jumping from 488,000 people in 2000 to 786,000 between 2008 and 2012. Brian McKenzie, sociologist for... Read Article

Millennials Looking To Become Homeowners What Does That Mean For The Rental Development Boom?

While young people fresh out of college will often rent an apartment rather than buy a home, a new survey suggests that a significant portion of soon-to-be homeowners are millennials. Approximately 67% of Americans said they intend to buy a home in the future, with one-third saying the purchase will likely come within the next two years, according to homebuilding firm PulteGroup. Additionally, the survey... Read Article

Back To School Time So Protect Your college Student’s Possessions

Do you have a young adult heading off to college in the fall? College can be a fun time for the student but a stressful one for the parent. Reduce some of the stress by planning ahead to make sure your college student has appropriate insurance protection while away at school. Insurance companies cover full-time students under age 25 in various ways. You’ll want to... Read Article

Fire Damage Another Factor Increasing Homeowner Insurance Rates

Thanks to homeowners insurance, policyholders can recover from property damage caused by fire relatively quickly. However, a new report indicates that the overall financial impact of fires has risen substantially in the past 30-plus years. The total cost of property fires in 2011 was $329 billion, according to newly released statistics from the National Fire Protection Association (NFPA). Adjusted for inflation, that's a 34% increase... Read Article

Smartphone Theft On The Rise

Perhaps because of their ubiquity, smartphones are being targeted by thieves like never before, being stolen at an alarmingly high rate, according to newly released statistics. Approximately 3.1 million people had their smartphones stolen from them last year, Consumer Reports found in its Annual State of the Net survey. That's nearly two times more than in 2012, when there were an estimated 1.6 million purloined... Read Article