By Suzanne Barlyn (Reuters) – Florida property insurers are jacking up rates by double-digit percentages, blaming the hikes on lingering damage from past hurricanes, a wave of litigation, and a law that encourages lawyers to sue by allowing courts to award them big fees. The rate increases in Florida, the third-largest property insurance market among U.S.…
It’s not an uncommon scenario: Your car is at the mechanic’s shop being repaired and your mother-in-law has offered her car to you until yours is road-ready again. Or you’re home from college for a visit and want to meet some friends, but you left your car on campus. In any situation, should you borrow…
If you’ve never bought home insurance before, you might not know for certain what to look for in a home insurance policy — what makes a policy good, bad, or mediocre, and how can you tell the difference between a great insurance company and a bad one? There’s a lot to look out for when it comes…
On the day we were moving into our new home, as we struggled to dismantle our sofa so it would fit through our front door, a stranger with a clipboard showed up. We quickly found out that he was there on behalf of our new insurance company, and he was checking to see if our new home…
For many people, the whole concept of insurance can be daunting. When and why to get coverage, and how much your policy needs to cover — well, that’s a complex proposition across categories. But homeowners insurance can feel especially overwhelming. In part, that’s because a homeowners policy covers so many different things: a structure as well…
It’s a situation many of us have found ourselves in: you’re at the rental car counter, checking in to pick up a vehicle you booked months ago. But before you can check out, you’ve got a question to answer: are you buying supplemental insurance coverage, or will you decline it and wonder if you should…