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 […]
As the pandemic wreaked havoc on the people’s lives and the economy, mortgage forbearance was often the best option for homeowners struggling to cover their monthly bills. It helped millions of people stay in their homes, despite losing their job and income. Unfortunately, a few months later, the pandemic is still raging out of control […]
If you have lost your job, seen your hours cut or are simply struggling to pay your bills during the pandemic you are not alone. Millions of people have had to skip payments on everything from mortgages and auto payments to their insurance bills. The insurance industry, as well as some state insurance departments are […]
Amidst the coronavirus pandemic, many people are spending much more time at home, working from their home office or sheltering in place. One issue that could crop up over the duration of the virus is liability issues and whether or not your homeowners insurance will cover various liability issues. Let’s have a quick look at […]
Homeowners across the country are suffering as unemployment climbs across all industries, making it difficult for many homeowners to cover all of their bills. The Federal government, as well as some private mortgage companies are offering a bit of help by allowing some homeowners to apply for mortgage relief. While this sounds great, there can […]
Aerial view of Atlantic City, New Jersey, overlooking Atlantic City Boardwalk and pier. In a recent announcement, New Jersey Gov. Phil Murphy revealed the details of a 90-day grace period for mortgage payments for all New Jersey homeowners that have been financially impacted by the outbreak of the coronavirus. This will allow New Jersey residents […]
Despite the fact that the coronavirus pandemic is not going to damage or destroy your home like a tornado or hurricane it may have an impact on how you pay for the policy, coverage levels and how you make a claim. Here are just a few issues that may crop up with your homeowners or renter’s […]
Recently, insurance companies have joined other industries in offering relief from insurance payments to customers who are suffering financially due to job losses from the coronavirus. In addition to some auto and homeowner insurance companies offering financial assistance, California has requested that all insurance companies offer at least a 60 day grace period for insurance […]
As many employees shift to working from home in an attempt to flatten the COVID-19 curve, employers could see an increase in workers compensation claims according to industry experts. “We’re probably going to see more claims,” said Jeffrey Smagacz, Nashville-based ergonomics practice leader for Marsh LLC said in a recent Business Insurance article. Employers should […]