2020 is turning out to be quite a year for major storms. Named storms are forming at a record pace. Experts are predicting as many as 25 named storms to hit the Atlantic this season which is close to double the average number. Hurricane Laura has already done almost $12 billion in insured losses this […]
As school starts back up, there are many parents who have misgivings about sending their children back to in-class learning as the coronavirus virus still rages around the country. This has led many parents to start forming pandemic pods for their kids. Learning pods, which are also called pandemic pods, have become a trendy alternative to […]
Homeowners insurance is a must if you own a home. It helps protect not only the structure of your home but your contents as well. Homeowners insurance also offers protection against liability issues if someone is injured in your home. The final piece of homeowners insurance is additional living expenses (ALE), this coverage can be […]
As interest rates continue to hit new lows, many homeowners have considered refinancing their mortgage. If you fall into this category, it is best to get the process started if you want to avoid a new mortgage refinance fee that is being rolled out by Fannie Mae and Freddie Mac, the government-sponsored mortgage giants who […]
One of the biggest obstacles to purchasing a new home is coming up with a sufficient down payment. The majority of mortgage lenders require a 20 percent down payment but that can be difficult in a market with high prices. As an example, if you are looking at homes in the $400,000 range you will […]
Hurricane Irma hit and flooded streets in Fort Lauderdale, FL Starting this week, the nonprofit research and technology group, First Street Foundation is launching an interactive website that offers flood risk data on over 142 million homes and properties across the country. This allows, homeowners and homebuyers the ability to check a forward-looking analysis of […]
Due to historically low interest rates, many homeowners are refinancing their mortgages. In fact, close to 1.7 million U.S. homeowners refinanced over April, May and June of this year, according to Attom Data Solutions. This is over double the number who refinanced loans during the same period in 2019. The coronavirus has had a major […]
One of the best ways to save money on your homeowners insurance is to shop it on a regular basis. Most experts recommend shopping your coverage at least once a year by getting quotes from at least five insurers. If you have found a better deal on your coverage it is time to consider a […]
As the pandemic wreaked havoc on the people’s lives and the economy, mortgage forbearance was often the best option for homeowners struggling to cover their monthly bills. It helped millions of people stay in their homes, despite losing their job and income. Unfortunately, a few months later, the pandemic is still raging out of control […]
As wildfire season kicks off, lawmakers in California are pushing through an insurance industry backed homeowner insurance bill. While the bill seems popular with a number of lawmakers, it is receiving fierce opposition from consumer groups as well as California Insurance Commissioner Ricardo Lara. The bill addresses a number of issues, from letting insurance companies […]