Several million homes in the U.S. stand in high or moderate flood risk areas, yet fewer than half are insured for this risk. Over the past five years, flooding caused tens of billions of dollars in damages, including an average of $59,000 per insured home. Just one inch of floodwater in a home can cause…
Tom Kriby, VP of Client Development and Partnerships at Westwood Insurance Agency, is featured in a recent Builder article discussing ways to increase builder-buyer trust. With home insurance rates, coverage, and availability becoming unpredictable, buyers face growing uncertainty. Many insurers have raised rates or exited markets, limiting options. Kriby’s solution is embedded insurance in the…
Home insurance availability and cost are top concerns for many builders and their customers. This Industry Perspective explores how builders can navigate a rapidly changing insurance market. Read the full report here.
Alan Umaly, President of Westwood Insurance Agency, is featured in the latest issue of Modern Home Builders Magazine discussing how builders can help homebuyers in securing insurance. Recent extreme weather events have made it more difficult for buyers to obtain coverage in many regions. Umaly highlights embedded insurance as a key solution, allowing builders to…
Last year, 25% of all new cars were leased, a steady increase over the past few years as consumers continue to battle rising car prices. If you’re contemplating whether to lease or purchase your next car, consider these advantages and disadvantages of leasing to determine if it’s the best fit for you. Advantages of…
The world is filled with beautiful places. From breathtaking canyons to sparkling ice glaciers, there is an abundance of stunning locations. And the best part is you can see many of them without leaving the country. Here are seven extraordinary must-visit wonders of the United States. Bucket List Destinations in the U.S.: 1. Antelope Canyon,…
