What is High-Risk Home Owners Insurance?
Think high-risk and most people think of hurricanes, floods and earthquakes, and indeed if you live in certain parts of the country more likely to be affected by these natural disasters, you will pay more for your homeowners insurance. However, these are not the only factors which fall under the category of high risk; if you live in areas particularly prone to high crime rates or fires, you are classified as high risk and it is especially important to shop around and compare rates for your homeowners insurance. Insurance companies also classify several things that you may not have thought of as high risk factors. If you have an unfenced swimming pool, a wood-burning stove or your house is a major fixer upper or constructed of flammable material, you will probably pay more for your homeowners insurance. Insurance companies also frown upon home owners who frequently file claims several claims filed within a two year period suggests to them that you may be a high risk potential. Short of
