
Articles
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1 week ago |
bankrate.com | Chantal Roberts |Amelia Buckley
“It’s nothing more than a way for companies to screw you out of money.”“It’s a scam.”“It’s legalized extortion.”Those are direct quotes from my students — students who work as apprentices at insurance companies. Every semester, in week one of my risk management and insurance course, I ask what they think of insurance. I can’t even publish some of the responses from students who don’t work in the industry. Many policyholders would probably agree.
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2 weeks ago |
bankrate.com | Natalie Todoroff |Amelia Buckley
Like a good neighbor, State Farm is still there in California. However, homes in Golden State neighborhoods will see higher insurance bills. On May 13, State Farm was given the green light to raise homeowners insurance premiums by 17 percent. Renters and condo insurance were approved for a 15 percent hike, while rental owners policies were approved to increase by 38 percent. Policyholders can expect these new rates to go into effect upon renewals on or after June 1.
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4 weeks ago |
bankrate.com | Chantal Roberts |Amelia Buckley
What is an Expert Contributor? At Bankrate, we believe in providing our audience with trustworthy and actionable personal finance coverage. Our exclusive Expert Contributor Program includes industry experts who directly share their knowledge and perspectives, empowering you to make informed financial decisions.
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1 month ago |
bankrate.com | Natalie Todoroff |Amelia Buckley
Ana Staples is a good driver: she’s defensive behind the wheel, hasn’t been in an accident and has no tickets on her record. But when her auto insurance policy renewed, she was hit with a 50 percent rate increase. Her monthly car insurance payment ballooned from $100 to $150. “My car was paid off, my driving record squeaky clean and my annual mileage low,” says Staples.
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1 month ago |
bankrate.com | Amelia Buckley
An increase in prices for construction materials will raise the replacement cost of insured homes Tariffs will add an estimated nearly $11,000 to the cost of building a home Most imports of construction materials in the U.S. come from China, Mexico and Canada, the nations that currently have some of the highest tariffs Increasing costs for construction, appliances and other household items stemming from new tariffs on imported goods threaten to raise home insurance premiums by making it more...
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