If you've opened up your latest home insurance bill and nearly spilled your morning coffee in shock, you're not alone. Over the past three years, homeowners like you have seen their insurance premiums climb up the ladder, and not just by a few rungs! They've doubled. Yup, you heard that right. But what's causing this stomach-churning increase, and more importantly, how can you dodge this bullet? Let's break it down and shed light on a glimmer of hope in the shape of an industry champion: Openly Insurance. Home Insurance: A Drama in Three Acts Your home insurance rate depends on a few things, like where you live, what your house is worth, and whether your dog has a habit of biting the mailman. But [...]
Imagine you've just acquired a stunning piece of artwork, an investment and an aesthetic addition to your home. You know you need to protect it under your home insurance policy, but the process seems daunting. Wouldn't it be great to manage this from the comfort of your home, with simple, intuitive technology at your fingertips? Welcome to the reality of Rice Insurance, a company investing in technology today to better serve you tomorrow. Putting Technology to Work for You In the evolving landscape of the digital age, Rice Insurance recognizes the value of integrating technology into our services. We don't just adapt to the digital era; we proactively seek out ways to leverage tech advancements to deliver more efficient, more responsive, and more tailored services for [...]
There's a whirlwind outside your window. A storm, both literal and metaphorical, has made its way to your doorstep, damaging your sanctuary, your home. It's a stressful time, to say the least, but then a new wave of anxiety hits - the looming prospect of dealing with an insurance claim. Now, imagine having an ally, a trusted guide in this challenging moment, advocating for your best interests and ensuring you're not alone in this turmoil. That's where we, at Rice Insurance, step in as your devoted claims advocate. The ABCs of Claims Advocacy Claims advocacy is a bit like having a personal concierge during the claims process. It's about representation and protection of your interests. But at Rice Insurance, we go beyond the ordinary. As your trusted [...]
Home sweet home! It's not just an address - it's the cozy sofa corner, the aroma of homemade cookies, the kids laughing in the backyard, the heart and soul of your family. For a place that means so much, your home deserves an insurance policy from a broker who cares just as deeply. Welcome to Rice Insurance. With a 75-year legacy under our belt, we've woven trust and reliability into the very fabric of home insurance brokerage. How do we keep our compass pointing true north in this ever-changing industry? Through diligent monitoring, an adaptable approach to market changes, and an unshakeable commitment to you, our valued client. Let's dive into why our goal is to be the last home insurance broker you'll ever need! A [...]
Openly Home Insurance: How an Unfamiliar Name is Reshaping the Home Insurance Industry. Are You Eligible?
You may not have heard of Openly Home Insurance, but this innovative company is making waves in the home insurance market. Known for its advanced use of technology and comprehensive coverage, Openly is setting a new standard for protecting homeowners. In today's era of underinsurance and economic uncertainty, it's worth asking - are you eligible for Openly's unmatched home insurance? Revolutionary Coverage: Openly stands apart in the insurance world with its commitment to thorough coverage. They understand the importance of adequate protection and, as such, every Openly policy includes Guaranteed Replacement Cost coverage up to $5 million. This ensures that, even in the worst scenarios, you'll have enough coverage to rebuild your home, providing an additional layer of financial security. Technology and Convenience: Openly isn't just [...]
A recession can be a tough time for homeowners. Even when home values go down, the cost to rebuild a home often increases. That's why it's important for homeowners to understand their insurance coverage and make sure they have enough. This article will talk about what you need to know to keep your home adequately insured during a recession. Understanding Insurance Coverage: First, it's important to understand that the amount of insurance you need isn't based on your home's market value, but its reconstruction cost. The reconstruction cost is what it would cost to rebuild your home from the ground up if it was completely destroyed, using similar materials and following current building codes. Why Reconstruction Costs Can Go Up: Even during a recession, reconstruction costs [...]
Did you know that over 60% of homeowners don't have enough insurance for their homes? This is according to a study by Nationwide Insurance (in the top 10 personal insurance companies in the US). This can lead to a lot of problems if something bad happens, like a fire or natural disaster. This article will talk about the problem of not having enough insurance, what it means for homeowners, and how to fix it. The Underinsurance Problem: Insurance can be hard to understand. Sometimes, homeowners might not know how much coverage they really need. They might not know how much their property is worth, forget to update their policies, or not understand what their policy covers. This can leave them unprotected. What Happens When You're Underinsured: [...]