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Affordable Housing Insurance Challenges: Understanding the Market

Scott Insurance

The Hardening Property Insurance Market Since 2017, the property insurance market has been hardening, resulting in lower available limits, higher deductibles and increased premiums. Uneven investment profits causing insurers to pursue underwriting profit, which translates to stricter underwriting criteria and declined submissions.

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Impact of Rising Interest Rates on Property Insurance

Protect Commercial Insurance

How Interest Rates Influence Insurance Costs Insurance premiums are sometimes indirectly influenced by interest rates. Here’s how: insurers rely on investment income to keep premiums competitive. When interest rates rise, the returns on these investments can increase, potentially affecting premium rates.

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Workers’ Comp Cost Formula To Accurately Assess Your Risk

AMAXX

So this is your premium adjustments, and these are discretionary adjustments that can be given by your underwriter based on how well they perceive you managing your risk, how well they perceive you managing your risk. You’re gonna have to some of these premium adjustments. It’s it’s not showing me that you do.

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Comparing Medicare Supplement Plans: Choosing the Right Coverage

Smart Insurance Agents

Key Highlights Comparing Medicare Supplement Plans Insurance, or Medigap, helps cover costs that Original Medicare doesn’t, like copays and deductibles. This includes copayments, coinsurance, and deductibles. Medigap plans help you with costs that Original Medicare does not cover, like copayments, coinsurance, and deductibles.

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How to Read Homeowners Insurance Quotes

TGS

Quotes that are ready quickly are usually based on a small subset of information, then the initial baseline quote is refined during the underwriting process. A lot of factors go into calculating your home insurance premium. Deductibles 8. Total Premium 11. At TGS Insurance, your free home insurance quote is instant!

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Affordable Housing’s Pull Cord Problem and the Unintended Insurance Ramifications

Scott Insurance

With limited access to insurance, affordable housing communities have no ability to negotiate insurance premiums and are forced to pay significantly higher premiums with high deductibles. Some affordable housing community owners and operators reported premium increases of 25-75% due to the presence of pull cords.

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Does Homeowners Insurance Cover Collectibles? 

Distinguished

At Distinguished Programs, our specialty fine art and collectibles insurance offers several key advantages over relying solely on homeowners insurance: Doesn’t Affect Homeowner Premiums : If your client needs to file a claim, it won’t impact their homeowner’s insurance premiums.