Why did my hazard insurance increase?

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When catastrophes like wildfires, wind or hail are on the rise in your area, it increases the risk to your property, and insurance carriers typically increase rates in tandem. Upticks in damaging weather conditions like hail, wind, tornadoes and hurricanes can also cause a rise in premiums.

Is homeowners insurance included in mortgage?

Unlike PMI, homeowners insurance is unrelated to your mortgage except for the fact that mortgage lenders require it to protect their interest in the home. While mortgage insurance protects the lender, homeowners insurance protects your home, the contents of your home and you as the homeowner.

How big is ASI?

Andrews. Timothy M. Andrews is president and chief executive officer of the Advertising Specialty Institute (ASI), which has 400 employees and serves a network of 25,000 suppliers, distributors and decorators in the $23.2 billion promotional products industry.