Retirement budgeting can be a challenge and according to a recent survey unexpected expenses can really throw a wrench into the works. The survey, done by the Society of Actuaries, found that roughly have of retirees in their mid 70’s could not cover an unplanned expense of $10,000. Baby boomers are also having a difficult […]
California has been experiencing more frequent, and much more destructive wildfires in recent years. In fact, of the 20 worst wildfires to ever hit the state, four of them happened last year, resulting in $12.6 billion in insurance claims. This year has not been much better with the Mendocino Complex Fire, which was the largest […]
Buying a home is a big deal, it often represents the biggest purchase a person makes in their life. When you have that kind of money on the line you want to make sure you protect your investment. When it comes to your home, there are a couple of ways to protect it. Homeowners insurance […]
Renovating your home can be a challenge but it also provides a number of benefits. In addition to updating your living space and improving your property’s features and resale value, a renovation can also lower your homeowners insurance premium if you add certain features or use specific materials. While one of your first calls in […]
State officials in Colorado recently announced that the number of residents whose homes are at risk from wildfires has risen roughly 45 percent in the last five years. This astounding number is the result of a booming population and the changing use of agricultural land. According to the Colorado State Forest Service, 2.9 million people […]
ValuePenguin recently analyzed the cost of housing in major Florida cities and found that some cities in the Sunshine state are much more affordable than others. Housing costs varied by a mind boggling 161 percent with Lakeland being the most affordable, housing costs there run $7,992 a year while Coral Springs costs a whopping $20,868 […]
The holiday season is upon us and while that usually means family and friends getting together to eat, drink and be merry, it can also lead to fires, food poisoning and even car accidents. You can ultimately be responsible for medical costs and find yourself the target of a lawsuit if disaster strikes. Luckily, in […]
Over 20 percent of homes in American fall into a HOA (homeowners association). There are statistics out there that show HOAs help retain or even increase a home value due to the benefits they provide. Common advantages of a HOA community are parks, swimming pools, tennis courts as well as community green spaces. In addition, […]
Universal Property and Casualty continues to grab more of the South Florida insurance market a mere 15 months after dethroning Citizens Property Insurance Corp. as largest insurer of property in the southern part of the state. Universal, which is based in Fort Lauderdale, managed to add 29,560 residential and commercial policies in the tri-county region […]
Insurance can be expensive and in many cases it is a product that is seldom used so it may be tempting to find the lowest priced policy and call it a day. This can be a huge mistake if you ever have to make a major claim. Cheap insurance policies often leave you under protected […]