When shopping for a homeowners insurance policy you may be asked whether you want an actual cash value or replacement value policy. Many homeowners are unaware of the difference in these types of policies and that confusion can result in a costly mistake. We thought it might be a good idea to have a look […]
As homeowner insurance rates continue to climb in Florida there is a good chance that you have seen news reports about assignment of benefits (AOB) fraud and how it affects homeowner rates in the Sunshine state. We thought it might be a good idea to have a look at what an AOB is and how […]
Recently we received an intriguing question in our online chat feature and thought we would address in this weeks article. A customer asked for an explanation of a 4-Point Inspection as well as wind mitigation. Let’s have a look at both of them. The 4-Point Inspection While a 4 Point inspection can be required in […]
While homeowners insurance can be considered a necessary evil, it can also be a financial lifesaver if your home or possessions are destroyed by a storm or other covered peril. Homeowners coverage is a two way street, you trust the insurance company to pay out a claim if experience damage to your home and they […]
The roof is one of the most functional and important parts of your home. It helps keep you safe, dry and out of the weather which is why making sure it is properly protected by your homeowners insurance is key. There are a few things you should know about roof coverage to make sure you […]
There are few things worse than coming home to a room full of water thanks to a broken or leaking pipe. While your homeowners insurance policy will absolutely cover most sudden and unexpected water damage due to a plumbing malfunction or a broken pipe, if the damage occurred gradually due to a slow and constant […]
There are plenty of ads on TV touting the benefits of a reverse mortgage, you can access the equity in your home while still living in it, allowing you to have a more financially exciting life. The ads claim the money can be used for travel, upgrades to your home or to simply supplement your […]
If you are considering putting your home on the market one thing you may be worried about is its condition. If it’s been a few years (or decades) since you have shown it some love and updated the interior or exterior you may be concerned that your house will show poorly and sit on the […]
A 15-year mortgage is a great way to pay off your mortgage in half the time while also saving yourself tens of thousands of dollars in interest payments. The downside to the shorter mortgage is the fact that your mortgage payment will most likely be close to 50 percent higher than a 30-year mortgage. Roughly […]
Hurricane Irma did some major damage to the Sunshine State. According to the most recent estimates, the total for both insured and uninsured loss could be as high as $42 to $65 billion. This figure includes both residential and commercial property losses. If you were unlucky enough to experience damage to your home, you probably […]