Temporary housing trends in 2019
Posted: September 12, 2019
In recent years, there’s been widespread real estate anxiety as the cost of living in cities across the United States has steadily increased. In fact, in 2018, there was a 2.8% increase in the cost of living, the highest jump we’ve seen since 2011. While the cost of living is calculated by a wide variety of variables, it heavily relies on housing costs, and the price...
Is your roof ready for storm season?
Posted: August 28, 2019
The intense heat of late summer is a good reminder of what lurks ahead… storm season. While hurricane season officially runs June 1 to November 30, the peak season is from mid-August to late October. Each year the number and severity of storms vary; however, storms spawning from daily thermal heating and tropical disturbances, if not hurricanes, are certain. Preparing for storms requires proactive thought...
Adjuster resources in the property claims puzzle
Posted: August 16, 2019
The work of a property adjuster is challenging. Claims vary in severity and complexity and can wear down a property adjuster, especially new adjusters learning the trade. In order to provide first-class customer service, property adjusters must know the tools available to assist property owners throughout a claim. Below is a description of several resources available to assist both property adjusters and their displaced homeowners...
5 easy ways to improve policyholder satisfaction during property claims
Posted: July 29, 2019
Almost 6% of homeowners filed a property claim during 2017, per ISO research. This is consistent with historical data for property claims nationwide. While only a small percentage of homeowners may experience a loss in a given year, property loss is unforgettable. The purpose of property insurance is to minimize the financial damage caused during a property loss. Financial protection, however, is not the only...
Indestructible homes: how disaster resistant building practices are mitigating losses
Posted: July 10, 2019
Following Hurricane Michael little remained in Mexico Beach Florida. Destruction was the only obvious landscape feature surrounding this beautiful beach community. In surveying photos of the damaged community, however, one thing sticks out. In the middle of the massive destruction stands one large house, known as the Sand Palace. This home is a three-story, four-bedroom, and four-and-a-half-bath vacation rental. The obvious question remains… why did...