In recent years, homeowners have faced significant changes in how insurance companies handle roof claims particularly concerning wind and hail damage claims. Many insurers are transitioning from offering Replacement Cost Value (RCV) to Actual Cash Value (ACV) settlements for roofs older than ten years when they are damaged by wind or hail. This shift has substantial implications for homeowners, affecting claim payouts and out-of-pocket expenses for the homeowner.

Have you noticed your home insurance premium creeping up lately? You’re not alone. Across Indiana—and the entire country—homeowners are seeing higher rates than ever before. But why is this happening, and more importantly, what can you do about it?

Insurance is an essential part of financial planning. It providing peace of mind and protection against life’s unforeseen events. However, the cost of insurance can strain your budget. Along with everything else, inflation is causing insurance rates to rise. The good news is that you can save on insurance without compromising the quality of your coverage. Here are some tips to help you save:

Technology is no longer a complement to the insurance industry; it’s a driving force. Insurers who embrace these advancements are not only improving their operations but also delivering better experiences and outcomes for their customers. For policyholders, the future of insurance promises greater convenience, personalization, and transparency.

Liability insurance is a critical component of any comprehensive insurance plan. It provides financial protection and peace of mind to individuals, businesses, and organizations by covering legal and financial responsibilities in case they are found legally responsible for causing harm to others. However, it's essential to understand the scope of liability insurance coverage and what it does not cover to ensure you have the right insurance for your needs.

If you are paying attention, you’ve likely noticed an increase in your insurance rates. This has many people asking why? In this blog post, I will give you some of the key factors contributing to the surge in insurance prices and hopefully give you some insights into the dynamics at play.

1. Match your coverages to your specific needs. Insurance is not one size fits all. Have your agent explain each and every coverage that you are paying for. Use this information to help determine if your coverage fits your circumstances.