Due to historically low interest rates, many homeowners are refinancing their mortgages. In fact, close to 1.7 million U.S. homeowners refinanced over April, May and June of this year, according to Attom Data Solutions. This is over double the number who refinanced loans during the same period in 2019. The coronavirus has had a major […]
One of the best ways to save money on your homeowners insurance is to shop it on a regular basis. Most experts recommend shopping your coverage at least once a year by getting quotes from at least five insurers. If you have found a better deal on your coverage it is time to consider a […]
Home Insurance adjuster examining flood damage in the aftermath of Hurricane Sandy on November 11, 2012 in Far Rockaway, NY Floods are both the most common and most expensive natural disaster that hit the United States. According to the Federal Emergency Management Agency (FEMA), flood damage ends up costing an average of $8.2 billion every […]
As COVID-19 continues to spread across the country, many vacationers are still skeptical of airlines and hotels which has led many of them to rent an RV to get in their vacation time this year. It turns out they are not alone, RV rentals are booming this year and National Geographic recently dubbed 2020 “the […]
According to the most recent data, roughly 4.75 million homeowners are in forbearance and more than 41 million Americans have filed for unemployment which makes it hard for many homeowners to keep up with some expenses related to their home such as property taxes and homeowner insurance. All of the uncertainly has led to increased […]
Spring usually kicks off the summer season of real estate activity as homeowners put their houses on the market. However, this year may be a bit different thanks to the varying degrees of lockdown being enforced around the country. This can shut down open houses and even make individual showings difficult. The National Association of […]
As unemployment rates continue to rise, many Americans are having a difficult time paying their mortgage. In many cases, lenders are offering assistance to their customers, making it possible to defer your mortgage payment. The process may vary depending on your lender, so it makes sense to ask questions and fully understand the process and […]
If you recently sent in your final mortgage payment you may be considering dropping your homeowners coverage. While dumping this monthly bill would certainly be a good thing, it does put your home and other assets at risk. If you are not carrying a homeowners insurance policy you will end up being responsible for all […]
Insurance companies offer dozens of discounts to homeowners to help lower their premium and encourage homeowners to upgrade their homes to make it more resistant to the elements. The better your home handles a storm, the less likely you are to make a claim, which is music to insurers ears. While many discounts are offered […]
As most of the country has fallen under a shelter in place orders, personal travel has declined dramatically. According to data from Inrix, a traffic data analytics company, since late March to early April personal travel traffic in the U.S. dropped 47% compared to traffic in late February. In recent days and weeks, some of […]