Shepard Insurance Insights
Category: Home Insurance
Controlling the Flow
And your home insurance premiums as well. Despite Global Warming accelerating the claim severity of storms, inside water damage continues to be the single largest volume of claims submitted on home insurance policies. So, leaky plumbing is the #1 claim problem for insurers. "Leaky plumbing is the #1 claim problem for insurers" Here is what [...]
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Controlling Personal Insurance Costs in a Rising Premium Climate
It is of little surprise that weather patterns have become more extreme. Storm frequency may be unchanged, but storm severity is out of control! Global warming is showing its wrath and insurance companies are reacting! "Storm frequency may be unchanged, but storm severity is out of control!" Personal insurance companies are in the middle of [...]
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Avoiding Frozen Pipes
January and February are typically the months with the coldest temperatures across the United States. Even though we are experiencing mild temperatures, when a cold snap occurs pipes can freeze and burst. Frozen pipes are the most common and destructive causes of water damage. Even a small leak can cause extensive damage if undetected for [...]
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Who needs to know your vacation plans?
Did you happen to read recently in the news about the wealthy socialite who left for her holiday vacation only to have her house robbed to the tune of $66 million in jewelry? Clearly an inside job. So our question is, who knows you are going on vacation for the holidays? Friends- do they need [...]
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Avoiding Fear!
Having a plan, being prepared is the answer! We are all reading about the devastation of wild fires in California. Not counting the damages for 2019, the 2016-2018 losses more than doubled the previous 40 years of California fire losses. How do you react? First, fire is only one of the exposures that a homeowner [...]
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Making the Home Insurance Decision
With the recent increase in wind, water and wildfire claims, it should be of little surprise that home insurance rates are on the rise. Couple those events with water damage from leaky pipes and insurance companies are reacting by evaluating future rates and policies. So how do you decide on a home insurance policy? Here [...]
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