Tag Archives: damage

Hurricane and Windstorm Deductibles

THE TOPIC After Hurricane Andrew in 1992, insurers realized that losses from hurricanes could be much higher than they had previously thought. Hurricane Katrina, in 2005, which cost insurers more than $41 billion at the…

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Homeowners Insurance Offers Financial Protection from Late Winter Water Damage

FROZEN PIPES CAN BE AVERTED THROUGH PROPER MAINTENANCE, SAYS I.I.I. MARCH 4, 2013 FOR IMMEDIATE RELEASE New York Press Office: (212) 346-5500; media@iii.org NEW YORK, March 4, 2013 — With predictions of heavy snow in multiple states…

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How to Protect Your Home From Water Damage

Water damage is one of the most common and costly disasters affecting U.S. residences, accounting for billions of dollars in losses to homeowners and renters annually. However, consumers can protect themselves with the right amount…

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