Recently released data in California shows that insurance companies have declined to renew almost 35,000 homeowner insurance policies in wildfire prone areas since the state started collecting this data in 2015. The data did not specify how many of these homeowners managed to find another policy elsewhere or how much of an increase they had […]
If you are in the market for a new home, there are plenty of options available, but two of the most common choices are a single-family house or a condo. There are significant differences between these two types of housing and it’s important to fully understand the differences before putting in an offer. Here are […]
A recent survey by Freedom Debt Relief found that many American homeowners are having trouble paying off their homes and wish they would have saved up a bit more down payment money before purchasing their home. The survey polled 1,028 U.S. homeowners who were carrying at least $10,000 in unsecured debt. Unsecured debt includes credit […]
While teen drinking rates have dropped over the last decade, it’s still a pretty common occurrence. According to a 2017 National Survey on Drug Use and Health (NSDUH), roughly 1 in 5 kids between the ages of 12 and 20 say they have consumed alcohol recently. It doesn’t stop with just drinking, teens also get […]
There is no doubt that climate change will impact everyone’s future but as sea levels rise, temperatures climb and more hurricanes, tornados and forest fires hit the United States, it will impact some states harder than others. Recently, ValuePenguin used data from the Union of Concerned Scientists (UCS) and found that three states, Louisiana, New […]
California has seen a number of earthquakes recently and while none of them have done significant damage, many experts predict the “big one” may be on its way. We thought it might be a good idea to do a general review on earthquake insurance and why it is a great coverage to carry if you […]
Thinking about buying a second home? You are certainly not alone. According to data from the National Association of Home Builders (NAHB), roughly 7.4 million homes were second houses in 2016 which is about 5.6 percent of the total housing stock. When it comes to second homes, not all states are created equal. Florida is the […]
North Carolina residents won’t have to worry about homeowner insurance rates going up, at least for a bit longer. North Carolina’s insurance Commissioner, Mike Causey has decided to extend the hearing scheduled for the proposed statewide increase from Sept. 4, 2019, to Oct. 2, 2019. The hearing is to discuss the proposed statewide average increase […]
Unfortunately, many homeowners never read their policies and are unaware of what is covered and even more importantly, what is not covered. The storm season is well under way and has already delivered some severe damage to numerous locations. When a severe storm hits, most homeowners want to know if their homeowners insurance policy will […]
Have your realtor show you comps in your neighborhood to make sure you are not overpricing your home as this can lead to it sitting on the market and becoming a stale listing. Selling your house can be exciting and a new chapter in your life but it is also a lot of work and […]