Buying a home is a major undertaking and in most cases it will be the biggest purchase you will ever make. If a house is in your near future you may want to consider some of these tax strategies to make sure you have all of your ducks in a row before you start house […]
While the majority of homeowners still purchase flood insurance through the National Flood Insurance Program, which is administered by the Federal Emergency Management Agency, private flood insurance options are becoming more common in the marketplace. A standard homeowners policy doesn’t offer protection for flood damage so it is important that a homeowner that lives in […]
If you live in a condominium you may think that homeowners insurance doesn’t apply to you but that could not be further from the truth. You need protection for both your personal belongings as well as the parts of your building that are part of your particular condo unit. Here is a rundown of everything […]
In the past, reverse mortgages were often considered a last resort to drum up some cash and they had a bit of a bad reputation but that has changed in the last few years as reverse mortgages have become more mainstream and are being used a financial planning tool for homeowners. Reverse mortgage actually date […]
Homeowners insurance is a necessity and in most cases its required by the bank or mortgage company that holds your note. While your homeowners coverage protects your home from a number of perils, as well as offering liability coverage if someone is injured at your home, it doesn’t protect you in every situation. In fact, […]
Suffering damage to your home is never fun and making a major claim on your homeowners insurance can be downright painful. It is usually costly, complicated and in many cases frustrating but in the end it is good to know that your home will be repaired thanks to your homeowners insurance policy. When it comes […]
Homeowners insurance is probably not going to be the first thing you think of when a parent or someone close to you dies, but if you stand to inherit a home, homeowners coverage should definitely be on your radar. While there will be plenty of paperwork to deal with in the coming months, maintaining the […]
Homeowners insurance is a necessity, but it can also be expensive. According to a recent study, the cost of homeowners insurance has increased about 50 percent over the last decade. Currently, the average annual policy price has hit $952 with some states coming close to an average price of $2,000 a year. We all want […]
Your home is filled with some of the most important things in your life. Your memories, your belongings and of course your family and loved ones. While a homeowners insurance policy will ensure you can afford to replace your belongings and rebuild our home if the worst happens, an alarm system can add an additional […]
There are many ways to lower your homeowners insurance premium but one of the best ways is to raise your deductible. Unfortunately, according to a study by insurancequotes.com, the benefit of raising your deductible can vary dramatically, depending on what state you call home. The difference in savings can be astounding, with North Carolina residents […]