Thinking about buying a second home? You are certainly not alone. According to data from the National Association of Home Builders (NAHB), roughly 7.4 million homes were second houses in 2016 which is about 5.6 percent of the total housing stock. When it comes to second homes, not all states are created equal. Florida is the […]
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NC Homeowners Insurance Rate Increases Reviewed & Extended
North Carolina residents won’t have to worry about homeowner insurance rates going up, at least for a bit longer. North Carolina’s insurance Commissioner, Mike Causey has decided to extend the hearing scheduled for the proposed statewide increase from Sept. 4, 2019, to Oct. 2, 2019. The hearing is to discuss the proposed statewide average increase […]
Hurricane Season: Understanding Your Homeowners Insurance Policy
Unfortunately, many homeowners never read their policies and are unaware of what is covered and even more importantly, what is not covered. The storm season is well under way and has already delivered some severe damage to numerous locations. When a severe storm hits, most homeowners want to know if their homeowners insurance policy will […]
Should You Sell Your House?
Have your realtor show you comps in your neighborhood to make sure you are not overpricing your home as this can lead to it sitting on the market and becoming a stale listing. Selling your house can be exciting and a new chapter in your life but it is also a lot of work and […]
Is 4th of July firework damage to my home covered?
The Fourth of July is just around the corner and fireworks are often on the top of the list for this day of celebration. While fireworks can be a fun way to celebrate the holiday, they can also be a hazard. Fires and injuries can spring up and whether or not your homeowners insurance will […]
Tips to Protect Your Home While on Vacation
Summer time is here and for many of us that means vacation. If you are headed off on a summertime break, make sure that in addition to packing your bags, stopping the mail and booking your accommodations that you take a few steps to help protect your home. According to the FBI, crime rates increase […]
Floridians Concerned about Hurricane Season
A recent AAA survey found that Floridians are becoming more concerned about this year’s hurricane season after four major storms have hit in the past three years, the worst of which was a category five storm last year. Recent storms, Florence, Michael, Harvey, Irma and Maria have caused $200 billion in damages according to Floodsmart.gov. […]
Hurricanes in North Carolina
View of homes along the coast of Kure Beach, North Carolina, USA: Wilmington, NC. Hurricane season is here, and North Carolina Insurance Commissioner is reminding homeowners that now is a great time to put a flood insurance policy in place. North Carolina Insurance Commissioner Mike Causey pointed out in a recent interview that when Hurricane […]
Florida Residents May See Their Homeowners Insurance Rates Go Down
Florida residents may see their homeowners insurance rates go down in the near future as the Governor recently signed an assignment of benefits (AOB) reform into law. This was one of the most heavily lobbied bills in the 2019 session, but it managed to survive and be signed into law. An AOB is when a […]
Great News for Florida Homeowners Insurance Rates
Finally, some good news for Florida homeowners when it comes to the cost to insure their homes. Sunshine State residents have seen their insurance premiums go up dramatically over the last decade. In fact, according to Insurance.com, Florida has the most expensive homeowners insurance premiums in the country with an average premium of $3,575. If […]