Category: Homeowner Insurance


A standard homeowners insurance policy includes four essential types of coverage. They include: Coverage for the structure of your home. Coverage for your personal belongings. Liability protection. Additional living expenses in the event you are temporarily unable to live in your home because of a fire or other insured disaster. 1. The structure of your house This part of your policy pays to repair or... Read Article

Condo Insurance Is Complex

Condo insurance is complex and we can provide useful advice to help get the coverage you need.   Getting insurance for a condo is a lot different from buying a policy for a single-family house, and it can be pretty confusing for many new condo owners, especially when it comes to insuring personal items like furniture or deciding if they need to insure the unit... Read Article

Prevent Dog Bites—And a Lawsuit; Average Cost of Dog Bite Claims Is On the Rise

Prevent Dog Bites—And a Lawsuit; Average Cost of Dog Bite Claims Is On the Rise Dog bites accounted for more than one-third of all homeowners insurance liability claim dollars paid out in 2011, costing nearly $479 million, according to the Insurance Information Institute (I.I.I.). An analysis of homeowners insurance data by the I.I.I. found that the average cost paid out for dog bite claims was... Read Article

Why Are Homeowners Rates Increasing & Coverage Decreasing?

The answer to the questions is "catastrophe losses". Catastrophe losses have been increasing for the last 10 to 15 years.  Thunderstorm/Tornadoes have decimated areas in the Southeast and Midwest. The term “catastrophe” in the property insurance industry denotes a natural or man-made disaster that is unusually severe. An event is designated a catastrophe by the industry when claims are expected to reach a certain dollar... Read Article

Minnesota Homeowners Insurance Legislation

The Minnesota Legislator has starting hearings on a new law relating to weather related homeowner insurance claims.  The primary changes are: Allows insurers to employ separate deductibles or surcharges for homeowners with multiple weather claims (in my opinion this is a mixed bag for insurance consumers in Minnesota.  Premiums will increase for homeowners with multiple claims which makes sense.  Insurance carriers could, I mean will... Read Article