Go Ohio
2/2/2012 12:20:00 AM
Making sure your Ohio home insurance is up to scratch is an important New Year’s resolution to follow through. This is especially true given insurance industry pundits expect home insurance rates to increase given Ohio’s bout of storms in recent years.
According to the Insurance Journal, a respected industry publication, homeowners should expect a 10 per cent increase in premiums thanks to the number of damaging storms the state has experienced over the past few years. Natural disasters have resulted in nearly a 190 per cent increase in the number of claims from 2007 to 2011 compared to the five years prior.
Experts predict the wild weather isn’t over and are raising rates. However, it’s not all bad news! Ohio still enjoys one of the lowest insurance rates – premiums are the sixth lowest in the country. That’s great news if you live in Ohio! Being armed with this knowledge can give you peace of mind if you’re looking to renegotiate or restructure your insurance coverage.
However, the fantastic benefit of living in Ohio and having great insurance rates only rings true if you stick to your New Year’s resolution to do something proactive about your Ohio home insurance! It’s your responsibility to ensure you have the best coverage for your home.
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Experts predict the wild weather isn’t over and are raising rates. However, it’s not all bad news! Ohio still enjoys one of the lowest insurance rates – premiums are the sixth lowest in the country. That’s great news if you live in Ohio! Being armed with this knowledge can give you peace of mind if you’re looking to renegotiate or restructure your insurance coverage.
However, the fantastic benefit of living in Ohio and having great insurance rates only rings true if you stick to your New Year’s resolution to do something proactive about your Ohio home insurance! It’s your responsibility to ensure you have the best coverage for your home.
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