It has always been possible as a homeowner to reduce your taxable income by deducting your property taxes and the mortgage interest you paid over the year. However, it may also be possible to deduct other home expenses, including your homeowners insurance premium (or at least a portion of it) if you are self-employed and […]
Archive | Tips
RSS feed for this sectionTop Reasons to Review Your 2022 Homeowners Insurance Policy
In many cases, your home is your most valuable asset so you should always make sure it is fully protected with the proper insurance coverage. In order to ensure that you have enough coverage, you should review your policy and coverage levels on an annual basis. Checking out your policies and coverage levels at the […]
Everything You Need to Know About Insuring Your Luxury Home
If you have just purchased your luxury dream home or just have a high value home, you may need to consider high-value home insurance which is also known as luxury home insurance. Not sure if you need this type of coverage, keep reading to learn everything you need to know about insuring your luxury home. […]
Top 4 Reasons to Review Your Homeowners Policy Every Year
In many cases, your home is your most valuable asset so you should always make sure it is fully protected with the proper insurance coverage. In order to ensure that you have enough coverage, you should review your policy and coverage levels on an annual basis. Checking out your policies and coverage levels at the […]
End of Year Tips for Managing Your FSA
A flexible spending account allows you to save money for medical expenses in a tax advantaged account. If you save money for your medical expenses in a standard savings account, there is no tax advantage but when you fund an FSA, the contributions into that account are tax free which means if you put $2,000 […]
Replacement Windows – Homeowners Guide
Replacing the windows in your home can not only improve the look and save energy, it can also increase your home’s value. If you are considering putting in new windows, you probably have some questions. In a recent Forbes article, two home renovation experts took the time to answer questions about replacement windows. Keep reading […]
Top 3 Reasons to Use Your Emergency fund
The majority of financial experts recommend having at least three to six months’ worth of expenses in an emergency fund in the event you have unexpected expenses that come up. However, once you have your emergency fund set up and funded, you will have to decide what constitutes an emergency and when is it ok […]
2021 Pandemic Expenses You Can Expect When Buying a Home
Last week we looked at what it costs to build a home, this week we thought we would look at some of the expenses you can expect when purchasing an existing home. If you are in the market for a new home, you may be wondering, how much house can I actually afford? This question is more […]
Help Explain Flood Insurance Revamp – Risk Rating 2.0
For Free Flood Insurance Quotes, Please Call Us at 888-620-1954! New, revamped flood insurance rates for the National Flood Insurance Program (NFIP) will be going into effect this month with the goal of charging flood insurance premiums that more accurately reflect the risk presented by the home. The new program could dramatically raise rates for […]
Home Upgrades That Can Lower Your Home Insurance Costs
If you are considering a remodel or upgrading your home, you should consider your return on investment to the improvements you are hoping to make. One way that your effort may save a bit of money is through lower insurance premiums. Certain home improvements can actually shave money off of your insurance costs. Here are […]