Last year was a record breaking year for catastrophes and natural disasters. According to A.M Best, there were 99 major disaster declarations in 2011, the most in any year since tabulation began in 1953. Four of the top 10 events, measured by insured losses, took place in the United States. In response, insurance companies have been raising the rates for homeowners’ insurance.

For the past few years, rates have remained stable. However, insurance companies maintain that the increases are necessary to offset the rise in claims incurred across the country from a wide range of natural disasters, such as wild fires, tornadoes, hurricanes, rain and snow storms, and earthquakes. Of the $35 billion dollars in United States catastrophe losses last year, every type of disaster occurred except a major volcanic eruption.

We strive to provide you with comprehensive insurance protection at competitive prices. Your Account Manager will review your coverage and make sure you receive all the discounts and credits you’re entitled to. Your Account Manager can also discuss additional coverages such as flood, excess flood, earthquake, business interruption and contingent business income coverage, that can be added to your policy to ensure your home and business are protected from natural disasters.

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