Homeownership comes with a variety of advantages. You are investing in a property and gaining equity instead of forking over rent to a landlord every month, you have a house you can call your own as well as a pretty nice tax deduction every year. However, it’s not all upside when it comes to homeownership […]
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RSS feed for this sectionHurricane Harvey Acts as a Wake-Up Call for California Homeowners
According to a recent article in the Los Angeles Times, footage of the damage done by Hurricane Harvey should act as a wake-up call for South California. Harvey is an excellent example of the type of extensive damage and life changing impact that a major weather or earthquake event can have on community. “Both natural […]
Hurricane Irma’s Top Home Insurance Questions & Tips
Hurricane Irma and Harvey have done billions of dollars in damage and if your home was uninsured when the storm hit, you will be on the hook for the cost of rebuilding. In the days leading up to the storms hitting, most insurers stopped writing homeowner and car insurance polices in the areas most likely […]
Update on Irma: Florida’s Home & Flood Insurance Coverage Options
Hurricane Harvey has done a massive amount of damage, in fact it is too early to even get a sense of the total costs of this hurricane. Adding insult to injury is the fact that Hurricane Irma is now bearing down on the Florida Keys and parts of mainland Florida. If your home is located […]
Does Florida Homeowners Insurance Cover Sinkholes?
A sinkhole in Pasco County, Florida grew to 225 feet wide and over 50 feet deep, swallowing two homes and a boat last week. A third home was considered to be in danger of also being sucked into the sinkhole. Sinkholes can do an extreme amount of damage in a very short amount of time […]
How to Sell a Home in a Flood-Prone Area
Selling a home can always be a challenge, but selling a home in a flood prone neighborhood can be extremely difficult. If your home is located in a designated flood zone you may find buyers are less willing to make an offer or will offer well under your asking price. Below is a list of […]
10 Home Insurance Myths You Should NOT Believe
Home insurance can be a complicated subject and there are a variety of myths out there that can make the subject even more confusing. Here are a few of the most common myths related to homeowners insurance as well as the myth busting facts for each one. Home Insurance is Mandatory: While certain auto insurance […]
How to Assess Private Flood Insurance
While the majority of homeowners still purchase flood insurance through the National Flood Insurance Program, which is administered by the Federal Emergency Management Agency, private flood insurance options are becoming more common in the marketplace. A standard homeowners policy doesn’t offer protection for flood damage so it is important that a homeowner that lives in […]
10 Events Homeowners Insurance Doesn’t Always Cover
Homeowners insurance is a necessity and in most cases its required by the bank or mortgage company that holds your note. While your homeowners coverage protects your home from a number of perils, as well as offering liability coverage if someone is injured at your home, it doesn’t protect you in every situation. In fact, […]
Storms Bring Insurance Worries for Coastal Residents
Hurricane season is in full swing and the East coast could take a beating this year with North Carolina researchers predicting a total of 15 to 18 tropical storms and hurricanes forming the Atlantic basin in 2016. This is a statistically significant change from the 11 named storms that have been the average from 1950 […]