Georgia-based White Oak Insurance Services has released a new guide to provide comprehensive advice on changes in the home insurance market. The guide is targeted at both prospective and existing property owners to help them understand how coverage is being affected.

In addition to predictable premium increases, local insurance policies are being rewritten to adjust which claims will pay out. This tightening of underwriting standards is particularly prevalent in the Woodstock and Macon markets because Georgia’s Insurance Commissioner restricts yearly premium increases to protect consumers. Without free rein to increase prices in controlled markets, insurance companies are focusing on some of their biggest costs, weather damage, and roofing claims.

The US home insurance sector suffered loss ratios averaging 104% in 2022, with similar losses in 2021 and 2023. Figures for Georgia exceeded the national average, demonstrating how targeted action was required by local underwriters. Considering around 45% of home insurance claims are related to weather and roofing, it’s no surprise policies are restricting coverage based on roof age, condition, and claim history.

White Oak’s guide informs homeowners and landlords on how to navigate these insurance changes, and what practical steps they can take to get the best value coverage for their property. It includes specific thresholds related to age and condition that can directly affect premiums and stresses the importance of proper roof maintenance to avoid unnecessary claims.

White Oak Insurance Services provides independent and specialized insurance services to the Georgia market, with offices in Woodstock and Warner Robins. They offer a range of commercial, automotive, life, and liability insurance services, in addition to advising on home coverage needs.

Additional details about Homeowner’s Insurance Service Area can be found at https://batchgeo.com/map/fcd5fa0e19f5cb6897d3065054e8134b

A company spokesman highlighted the need for current and independent advice, saying, “The property insurance market in Georgia has seen multiple changes in the last several years, that we expect to continue for several more years, including higher prices, tighter underwriting, and more strict coverages on property are affecting all home coverage types.”

More information about Woodstock Car Insurance Service Area is available at https://www.google.com/maps/d/edit?mid=1uNkqmXQD0gvMwPMwf_IP8yN0acvakR8&usp=sharing.

White Oak Insurance Services

345 Creekstone Ridge
Woodstock
GA
30188
United States

Information contained on this page is provided by an independent third-party content provider. Frankly and this Site make no warranties or representations in connection therewith. If you are affiliated with this page and would like it removed please contact pressreleases@franklymedia.com