Here is an often overlooked fact of a typical homeowners policy: Liability coverage is typically capped at $100,000. While it is possible to up your coverage levels to $500,000, few people do it. Even at $500,000, a serious accident on your property will quickly exceed your limits, which is why you may want to consider […]
Tax refunds are on the way, which means that many of us will have a little extra coin in our pocket soon. One great way to invest your windfall is to sink it into your house. Whether you update your kitchen, add a bedroom or just repaint your exterior spending money on your home will […]
The dreaded tax season is upon us again so collect your receipts, dig out those W-2s and get ready to hunker down. Luckily, as a homeowner, you are entitled to a few tax breaks that will drive down your tax bill and maybe put you into refund territory. Lets have a quick look at the […]
Here is something that may come as a surprise to most homeowners – an insurance claim made by a previous owner could affect your premium. If you are unaware of this unfortunate fact, you are not alone. According to a survey done by insuranceQuotes.com, 75 percent of respondents were unaware that previous owners claims could […]
North Carolina homeowners are getting a reprieve from higher premiums, at least for another year. Insurance companies who were hoping their request for a 25 percent increase would be approved were disappointed recently when the state regulator agreed to a zero percent increase. Wayne Goodwin, the Insurance Commissioner in North Carolina said, “I found no […]
Homeowners insurance is a necessity but it can be a frustrating product. While everyone wants the protection of homeowners coverage, they know that if they actually need to use it and make a claim, there is a good chance that their premiums will be headed up. So what will happen to your rates if you […]
Homeowners insurance can be a lifesaver if you have the unfortunate luck of being in the way of a tornado, flood, hurricane or your house burns down. In order to make sure you are fully protected it may be necessary to fill in a few gaps in your homeowners protection. Here are three gaps you […]
Halloween is just around the corner and soon tricksters and treaters will be knocking on your door hoping for their favorite candy. While it is always fun to get in the Halloween spirit, homeowners should be careful, as there can be liabilities with this holiday that could result in an expensive claim on your homeowners […]
According to the Insurance Information Institute, dog bites are on the rise. The number of claims related to Fido taking a chunk out of a neighbor, friend or family member jumped up roughly 6 percent to 17,359. This figure shattered the previous record which was set way back in 2003. The average cost of a […]
Disasters can happen just about anywhere but the truth is that some areas are more prone to catastrophic weather. Floods, hurricanes tornadoes and fires have favorite locales that they pound over and over, putting those cities and states into a special category when it comes to experiencing disasters. If you happen to live in one […]