FLOOD INSURANCE CHANGES COMING

FLOOD INSURANCE CHANGES COMING

For years, the National Flood Insurance Program (NFIP) has been losing money and fighting with solvency. In an effort to stabilize the program, recent legislation entitled the Homeowner Flood Insurance Affordability Act of 2014 (HFIAA) was enacted and will create some rather drastic changes to the NFIP beginning April 1, 2015. Primarily these changes will be in the form of rate, fee, and surcharge increases. As a result, it will also require new annual documentation requirements for policy holders.

THE QUICK GUIDE TO INSURANCE FOR NEWLYWEDS

THE QUICK GUIDE TO INSURANCE FOR NEWLYWEDS

Congratulations! If you are a fortunate young couple about to embark on the journey through life together, you have a lot to look forward to…the least of which is your insurance! But taking the time to properly set yourself up, can alleviate enormous headaches, costly over payments, and potential gaps in coverage. Here is a quick guide to insurance for newlyweds and engaged couples.

FREEZE ALERT: HOW TO PROTECT YOUR HOME FROM FREEZING WEATHER

FREEZE ALERT: HOW TO PROTECT YOUR HOME FROM FREEZING WEATHER

It’s only the middle of November, and this is the second weekend with freezing temperatures. Across the country weathermen and TV pundits are touting that this winter is likely to be another extremely cold one. Last year’s “polar vortex” crippled much of the country for several weeks causing billions in damages to physical property and in lost revenue as consumers stayed in doors. In fact in several parts of the country, people were actually required to stay indoors as the temperatures became dangerously cold. Places such as Chicago experienced -16 degree temperatures. Here in Middle Tennessee the temperatures reached 8 degrees with a windchill of -7!!!

HOW TO REVIEW YOUR HEALTH PLAN

HOW TO REVIEW YOUR HEALTH PLAN

With the 2015 health insurance open enrollment a little less than a week away, you may have just received a letter from your provider about the healthcare exchanges. Along with that letter, many people are about to find that the plan that they once had is different from the plan they are about to receive as their renewal. Effective this plan period, many of the minimum standards of coverage required by the Affordable Care Act are going into effect. This means that many of the plans from last year are no longer compliant with ACA guidelines, which is why your policy may be changing. Below are a list of items to review to determine the differences between your plans.

HALLOWEEN FOR HOMEOWNERS

HALLOWEEN FOR HOMEOWNERS

Happy Halloween! It’s almost that time of year again. You’re putting out all of your spooky decorations. The kids are obsessing over finding the right costume and planning for a night full of trick or treating and tons of candy. And just like every other parent, you are worrying about your kids on this action packed night. If you have teenagers, you worry that they will be safe driving and will stay out of trouble. If you have young ones, you are probably more worried that all that candy will make them sick!

DO I REALLY NEED SINKHOLE COVERAGE?

DO I REALLY NEED SINKHOLE COVERAGE?

A lot of customers see a coverage added to their policy called “sinkhole endorsement” and wonder why the coverage is in addition to the main portion of the policy. Naturally they ask us whether or not they truly need sinkhole coverage living in Tennessee. So let’s take a look at some of the compelling reasons that you should have sinkhole coverage on your homeowners insurance policy.