A bill that is heading to Gov. Ron DeSantis’ office for a signature may make it harder for homeowners to sue over construction defects they find in their Florida homes. Senate Bill 360 is being touted by insurance companies and builders as necessary while personal injury lawyers and some in the legal community fear it […]
While water may seem harmless in most circumstances, particularly at low volume, if it manages to get into your carpet, drywall, or basement it can do massive and expensive damage. If you are wondering if homeowners insurance covers water damage, you are not alone and in most cases, the answer is yes but there are […]
Regardless of whether you live in a townhome, a single-family home or a condo there is the possibility that your property is part of a homeowners association (HOA). An HOA is simply an association based in your neighborhood that is responsible for overseeing the maintenance of common areas, certain amenities, and services in your neighborhood. […]
The cost of homeowners insurance has risen over the last few years due to a wide variety of factors that include rising inflation, labor shortages, and supply chain delays. This means that shopping your coverage on a regular basis is even more important. If you find a better deal you will need to switch insurers […]
Retirement will impact your financial portfolio in number of different ways. Moving stock market assets to less risky funds, possibly downsizing into a smaller home and reassessing your insurance needs are all things you should consider when it is time to leave the workforce. We thought it would be a good idea to have a […]
A home is typically the largest purchase the majority of us will make and it is an absolute necessity to protect it with homeowners insurance. Unfortunately, homeowners insurance coverage can be expensive but there are ways to lower your premium. Insurance rates take a wide variety of factors into consideration, including the size and construction […]
Divorce takes not only a major emotional toll on a couple, but it also comes with a financial toll that you have to deal with before the ink is dry on the divorce papers. While separating your finances can be difficult, it is a necessity, and one aspect of a financial separation is dealing with […]
According to a recent report from TransUnion, auto and property insurance shopping rates shot up by 7% and 5%, respectively year-over-year in the fourth quarter of last year. “Insurance shopping was down significantly in Q4 2021 and generally suppressed throughout 2022,” TransUnion said in its report. The report notes that 2021 and parts of 2022 […]
If you are currently renting an apartment or home but are thinking about buying, you could be in for a surprise when it comes to expenses. Owning a home comes with a variety of expenses that most renters don’t have to cover. Everything from property taxes to maintenance and insurance will push up your monthly […]
Recently, the Biden Administration unveiled a plan to help low-income and first-time homebuyers save an average of $800 per year on mortgage insurance costs. The plan is an attempt to help make housing more affordable as higher mortgage rates and skyrocketing home prices have pushed homeownership out of reach for many potential buyers. The plan […]