A home is typically the largest purchase the majority of us will make and it is an absolute necessity to protect it with homeowners insurance. Unfortunately, homeowners insurance coverage can be expensive but there are ways to lower your premium. Insurance rates take a wide variety of factors into consideration, including the size and construction […]
Divorce takes not only a major emotional toll on a couple, but it also comes with a financial toll that you have to deal with before the ink is dry on the divorce papers. While separating your finances can be difficult, it is a necessity, and one aspect of a financial separation is dealing with […]
According to a recent report from TransUnion, auto and property insurance shopping rates shot up by 7% and 5%, respectively year-over-year in the fourth quarter of last year. “Insurance shopping was down significantly in Q4 2021 and generally suppressed throughout 2022,” TransUnion said in its report. The report notes that 2021 and parts of 2022 […]
If you are currently renting an apartment or home but are thinking about buying, you could be in for a surprise when it comes to expenses. Owning a home comes with a variety of expenses that most renters don’t have to cover. Everything from property taxes to maintenance and insurance will push up your monthly […]
Recently, the Biden Administration unveiled a plan to help low-income and first-time homebuyers save an average of $800 per year on mortgage insurance costs. The plan is an attempt to help make housing more affordable as higher mortgage rates and skyrocketing home prices have pushed homeownership out of reach for many potential buyers. The plan […]
The Florida homeowners market has been in turmoil for years. Sky-high premiums have become the norm due to fraud and lawsuits by less than honest roofing companies. Florida currently has some of the highest homeowner insurance rates in the country and while there is some good news on the horizon, there is plenty of bad […]
According to the National Association of Realtors, roughly 28% of home buyers are single individuals. While buying a home as a single person can be intimidating, it is not as difficult as many people might think, and some cities make it easier for single homeowners. In a recent article, Insurify’s data scientists reviewed and rated […]
The Louisiana Legislature, in a special session last week passed and funded legislation that is designed to deter insurers from leaving the Louisiana homeowners market. Recent hurricanes have caused financial stress for insurance companies operating in the state. In addition, several insurers have gone into insolvency. Experts have made comparisons between the Louisiana insurance market […]
The Florida homeowners insurance market has been in trouble for years now and the recent hurricane season that resulted in Hurricane Ian hitting the west coast of Florida and Hurricane Nicole hitting the east coast weeks later certainly hasn’t helped. Insurers that have been struggling for years had a hard time covering all the claims that came out […]
Purchasing a home is a major investment and protecting it with homeowners insurance is an absolute must. However, there are differences in insurance companies and just like every other consumer product, some insurers will be a better fit for your needs than others. Finding the right insurance company can take some time and research so […]