Recently, the Restoration Association of Florida (RAF) responded to two bills moving through the Florida Legislature that could affect the assignment of benefits (AOB) process. RAF stands in opposition to the bills (SB 122 and HB 7065), saying they fail to address the needs of both homeowners and contractors. RAF hosted a panel of attorneys, […]
Colors of hope along the downtown Austin, Texas area skyline. Texas homeowners could be seeing a premium hike or increase in deductibles this year according to a recent Insurance Journal article. Insurance companies that sell homeowners insurance in Texas have been filing for rate increases with the state regulators over the last couple of years […]
Florida legislators are looking into one-way attorney fees that have been one of the sources of inflated homeowners claims related to the Assignment of Benefits (AOB) issue that many people blame for the Sunshine States high homeowner insurance costs. Currently, Florida is the most expensive state in the country for homeowners insurance with the average […]
It’s been a tough winter in many areas across the country. In fact, at one point this winter, roughly two-thirds of Americans were in an area that was below freezing and in many cases, well below zero. This type of cold can do some serious damage to your home. Everything from cracked windows to burst […]
Classic Circa 1990’s home in Chesapeake City, Maryland. If you have recently paid off your mortgage and are considering dropping your homeowners insurance to save some money we highly recommend you reconsider. Going without insurance can be a major risk if your home is hit by a storm or fire. Without the protection of insurance […]
Brand new home in Carmel, Indiana. A large two-story tan home with a historical house style construction. If your mortgage recently came to an end and you own your home free and clear you may be considering dropping your Indiana homeowners insurance coverage. While losing this monthly bill would certainly be good news this is […]
View of a nice coastal neighborhood of victorian style homes near the New Jersey shore. Once you have paid off your mortgage, it’s possible to drop your homeowners insurance. While this may seem like a good idea (saving money is always good) it can end up being a huge mistake if your home is hit […]
Luxury California coastal home perched on a cliff along the central coast. Homeowners insurance is a necessity for most of us and while it is a must have, its never fun writing out that monthly premium check. As long as you have a mortgage on your California home, your lender will require that you carry […]
Saint Simons Island, Georgia is a beautiful family friendly area amongst the barrier islands. Paying for homeowners insurance is never fun but for most of us it is a necessity. If you have a mortgage on your property your lender will require that you carry a homeowners policy in order to protect their investment. However, […]
North Myrtle Beach, SC – A giant crab hangs over the entrance to Tommys, a family style seafood restaurant in Myrtle Beach, South Carolina If you just sent in your final mortgage payment you may be considering dumping your homeowners insurance as well. While it may seem like a great idea to shed this monthly […]