Sentences with phrase «loss than homeowners»

Fact 6: Renters are more likely to experience financial loss than homeowners.

This is why renters are at a higher risk of financial loss than homeowners.

Not exact matches

Homeowners suffering flood damage from Harvey are more likely to be on the hook for losses than victims of prior storms — a potentially crushing blow to personal finances and neighborhoods along the Gulf Coast.

For example, a policy may have a large loss deductible waiver if the claim exceeds $ 50,000 as long as the homeowner elected to have a deductible less than $ 50,000.

Homeowners depending on pensions, social security and their investments for living expenses are struggling more than ever as the result of diminishing returns on savings and losses in investments and retirement accounts stemming from the current economy.

17 groups, or 50 % of those reporting, cited «short sales» — where servicers minimize their losses by allowing homeowners to sell their property for less than the amount of money owed — as a «very common» outcome for borrowers.

Since 2012, home values are up more than 30 % nationwide, helping the typical homeowner to fully - recover whatever home equity losses may have been incurred during last decade's downturn.

More homeowners lose their homes because of illness, loss of employment or marital problems than all other reasons combined.

«Buying up in a down market» is a strategy in which homeowners sell their smaller property and buy a larger one — the idea being they will come out ahead because the price reduction on the new purchase will be greater than the loss on the sale of the former home.

With many high value items on display, luxury home owners may be more concerned about loss due to theft than other homeowners.

Since losses are shared among all occupants, the rates are much lower as risks for claims tend to be lower, and claims loss payouts are also less than homeowner's insurance.

Fortunately, your homeowner's or tenant's insurance does cover loss and physical damage, for premiums far lower than what the retailer would charge, so if your electronic toys are damaged in a fire or lost in a sewer backup, you can count on the insurance company to replace them with brand new items.

«Personal Property Homeowners» was the policy type most affected by hail loss claims from 2013 through 2015 - over 50 percent more often than the next most impacted policy type, «Personal Automobile», in hail loss claims over that three - year span.

Newsflash: Individuals who rent in Rochester, Minnesota, are at a greater risk of financial losses due to theft and other crimes than are homeowners.

If you live in an apartment, loft, house, or condo, you are safe for the most part, but research indicates renters in such dwellings are more likely than homeowners to experience loss due to crime, vandalism, fire, or water damage.

Some jewelry floaters also provide coverage against more perils than homeowners insurance does — they might cover accidental loss, for example, while a basic homeowners policy would not.

You can expect a landlord insurance policy to be more expensive than a traditional homeowners policy; when tenants are involved, you face a greater risk of loss, damage and liability.

[1] Due to renters» insurance existing mainly to protect against losses to the tenant's personal property and provide them with liability coverage but not to insure the actual dwelling, it's significantly less expensive than a homeowners policy.

McKinley Avenue Corridor renters insurance pays for losses to the renter rather than the homeowner.

It is designed for renters in Southeast Memphis rather than homeowners and involves three different levels of coverage - contents insurance; loss of use coverage; and liability coverage.

Florida International University estimated the statewide damage at more than $ 19 billion, of which $ 6 billion will be paid by insurance companies, while two - thirds of the losses will be shouldered by homeowners.

Nearly 1.3 million homeowner assistance actions have taken place through the Making Home Affordable Program, while the Federal Housing Administration (FHA) has offered more than 1.4 million loss mitigation and early delinquency interventions.

• Acquaint your insurance provider with lightning loss statistics (lightning cost more than a billion dollars in insured losses in 2011 and the average homeowner claim was approximately $ 5,122.)

Factors that have led to increases in homeowners premiums in the past few years include rising home values, higher repair and rebuilding costs, and larger than average catastrophe losses in hurricane - prone areas.

The Crown asked that Trac pay restitution of more than $ 257,000 to 11 homeowners whose houses were damaged by the grow operations, but the judge did not grant the request, stating that there were contentious legal issues in linking Trac to the losses of the homeowners, according to the Toronto Star.