While the majority of insurance experts recommend shopping your insurance coverage on a yearly basis (that is still solid advice) staying loyal to your current insurer can also be a great way to save some coin. Shopping your coverage is a great way to make sure you are getting a fair price on your coverage […]
Industry experts, at a recent Insurance Journal webinar looked at ways to battle AOB (assignment of benefits) fraud that is pushing up the cost of homeowners insurance in Florida. “I think the number one thing the insurance industry can do is link AOB (assignment of benefits) to the impact that it’s having on the individual […]
If you recently purchased a house, one of the first questions you may have when you open your monthly mortgage statement is what is an escrow account and why am I paying money into it every month. Escrow accounts are used to pay your property taxes and homeowners insurance premiums. A mortgage lender usually requires […]
There is only a month left in Florida’s 2018 legislative session and there’s been little movement on legislation that will help solve the Assignment of Benefits (AOB) crisis that has been causing trouble for years in the Florida property insurance market. While assignment of benefits have been around for a long time, in recent years, […]
There are plenty of ads on TV touting the benefits of a reverse mortgage, you can access the equity in your home while still living in it, allowing you to have a more financially exciting life. The ads claim the money can be used for travel, upgrades to your home or to simply supplement your […]
It’s getting to the end of the year, which means holiday parties, shorter days and depending on where you live, plenty of cold and snow. It also means that it’s time to review your financial situation before year-end and the start of the tax season. Take a few minutes or hours over the next month […]
The New Year is just around the corner, which makes it a great time to review your insurance policies. Your insurance coverage should be updated and reevaluated on a yearly basis and the start of a brand-new year is a great time to complete this chore. There are a number of different circumstances that can […]
Buying a home is a major undertaking and in most cases it will be the biggest purchase you will ever make. If a house is in your near future you may want to consider some of these tax strategies to make sure you have all of your ducks in a row before you start house […]
Homeowners insurance is probably not going to be the first thing you think of when a parent or someone close to you dies, but if you stand to inherit a home, homeowners coverage should definitely be on your radar. While there will be plenty of paperwork to deal with in the coming months, maintaining the […]
In most cases, a home is a person’s biggest asset. It can take years to save up the down payment, find the perfect home, get approved for a loan and finally move into your dream house. Now that you are finally moved in, it’s time to protect your investment with the proper home insurance policy. […]