A tornado outbreak on Easter Sunday 2020 left 33 people dead, making it the deadliest in over six years. Tree damage tends to be one of the leading causes of fatalities in tornados, hurricanes, or severe thunderstorms. Along with the threat to life, falling trees often cause property damage. Whether it is a flying branch that smashes through a window or the upper portion of a tree's trunk falling on a roof, trees become dangerous projectiles during a powerful storm. It is important to understand tree damage claims and how they can be challenging for adjusters and homeowners alike.
The housing market has a huge impact on the economic health of every region in the United States. As COVID-19 continues to affect every industry in its own way, the housing market is expected to experience a significant decline in sales. Low mortgage rates and low housing inventory may be the only things that keep home prices steady. The rental market, however, is experiencing huge shifts. Many renters have been laid off and are refusing to pay their landlords. Some states, like Georgia, have banned all vacation rentals, freeing up many for displaced homeowners.
Temporary Accommodations continues to closely monitor developments related to the current outbreak of COVID-19 and we are dedicated to ensuring our customers have access to our services. As the situation evolves, we’re working closely with our employees, partners, and customers to support business operations and serve our customer’s needs. We are following the guidelines issued by the public health authorities, including the U.S.
Technology adds many benefits to our daily lives including convenience, communication, and productivity. Technology makes both life and work easier, but it also poses some risks. Most notably, businesses utilize technology to its fullest capacity, which in turn leads to automation replacing human jobs. If artificial intelligence can improve productivity while decreasing operating costs, then most businesses welcome its use over that of a human. What about insurance jobs? On the surface, insurance jobs seem technical in nature, however, many remain at risk of automation.
Anyone who relocates across state lines understands that costs for the same products often vary greatly. One example of this variance is homeowners insurance. The cost of a homeowners insurance policy covering a similar value property may be significantly different based on the state where the property resides. In addition to the cost, the coverage offered under a homeowners insurance policy is not the same across state lines. Certain specific exclusions apply in some states and not in others. Therefore, homeowners need to be aware of these differences.