David Oltman- Clarity Insurance

01/18/2025

It shouldn’t be that surprising that homeowners rates are increasing faster in areas that are higher risk.

Higher likelihood of damage equals more claims made and more dollars paid out. Those dollars have to come from somewhere.

That somewhere is the premiums that are charged to the insureds.

When purchasing a home now it’s important to consider how much your home insurance will cost.

It is also starting to become important to consider the local weather as well. The reason is because it will determine the likelihood that you have to file a claim.

Hopefully you never have to, but these areas that have strong weather are getting hit harder and it’s affecting everyone.

WASHINGTON -Homeowners in areas most at risk of damage from hurricanes, wildfires and other climate perils pay far more for insurance than those who live in the least exposed areas, according to a U.S. Treasury Department study released on Thursday. The survey found homeowners living in areas most a...

10/08/2024

I talk a lot about the importance of having you home, auto, and business insurance put together the right way, but what about your renters insurance?

Renters insurance is an important, and often overlooked, coverage as well.

It helps to protect your personal belongings, at your place and in your car.

It provides a discount on your car insurance when bundled together.

It also helps to save you money on your home insurance when you buy a new home.

The article in the comments talks about some other great reasons to have renters insurance as well.

If you have any questions, feel free to reach out.

Send a message to learn more

07/05/2024

Woah!

State Farm is looking for a 50% rate hike in CA along with several other restrictions they’ve placed on new business out there.

Pretty worrisome really.

State Farm is a huge company and has been under scrutiny now for a while due to their financial situation.

They lost their A+ rating a couple months back and were dropped to a B- due to their financial outlook.

I like to keep an eye on other states like CA, FL, and TX as they seem to be the ones that drive a lot of change due to the amount of claims they deal with.

Check out the article in the comments.

07/04/2024

03/18/2024

In a world that is increasingly more dependent on technology and networks, there is a growing need to make sure that there is a plan around what happens in the event of a cyberattack on your business.

A part of that plan should consider the financial costs to your business and how those can be covered.

As a business owner, do you know if your policy has coverage for this scenario?

Cyberattacks can be devastating for a small business owner. It's important to create a Cyber Incident Response Plan ready in case your business should fall victim to a data breach.

02/24/2024

Is this you checking your most recent Insurance renewals?? Clarity Insurance can help!!

Unfortunately the insurance industry has been impacted extremely hard during this inflationary market.

Many families are seeing renewal hikes anywhere between 30-100%

Please do yourself a favor and check those renewals. We have many options to shop the market and are happy to provide a comprehensive review for you.

01/19/2024

Did you know that Homeowners Insurance has meow in it? 😹

Now you have that incredibly important information....

Do you know if your Homeowners Insurance is setup to protect you in case your pet harms someone?

How about if they damage someone else's property?

If' you're unsure, feel free to reach out.

Its always better to know than to be in the dark.

11/11/2023

There are not enough words in the English language to express the gratitude that we at Clarity Insurance Group for all of our Veterans.

So thank you will have to do.

Thank you for your service!

05/24/2022

Here is a great article about another reason that insurance costs are going up.

Billion-Dollar Weather and Climate Disasters

05/16/2022

Here is a great article about making sure the replacement cost on your home insurance has kept pace with the rising costs of inflation.

A new American Property Casualty Insurance Association (APCIA) survey of over 1,000 U.S. homeowners who have a homeowners insurance policy, reveals a