If you are shopping for a new home, you should always check flood zone maps and ratings before putting in an offer to have a full understanding of the risks that your new home may face. A home located in a flood zone can be more expensive to insure as well as more likely to […]
While the pandemic seems to be receding a bit in the U.S., it has left behind some massive damage, and in many cases, it has put a severe pinch on household budgets. Unemployment hit 14.8% at the peak which is the highest unemployment rate since Congressional Research Service began collecting data. If your budget has […]
This year President Biden is working to make flood insurance more affordable for low-income Americans. The recently released budget outlines a new program that would make $358 million available to support the effort next year. This money would be used to make flood insurance affordable for low-income families all over America. The program would help […]
According to the National Oceanic and Atmospheric Administration (NOAA), the 2021 hurricane season is expected to be above average, they are predicting 13 to 20 named storms, six to 10 hurricanes, and three to five storms that will end up being major hurricanes. Here are just a few of the common mistakes that homeowners make […]
As we move into tax season many of us are looking for tax deductions to lower our tax burden. While your home can lead to some major deductions, you may be wondering if it is possible to deduct your homeowners insurance premium. In most cases, the answer to this question is no but there can […]
If your home is located in a high-risk (or even medium risk) area for flooding, you will most likely need a flood insurance policy to full protect your home. You can purchase flood insurance through the National Flood Insurance Program (NFIP) or in the private market. Regardless of where you purchase your flood coverage, you […]
In a recent Pittsburgh Post-Gazette article, John Sebak, owner of Sebak Insurance Agency in Natrona Heights detailed a recent claim he dealt with that involved a person working from home who was in a car accident that destroyed his work computer. The question the claim presented was does the employer’s insurance cover the laptop or […]
Wildfires have ravaged California this year which is leading to hundreds of thousands of residents not being able to find homeowners insurance or if they do, it is an expensive bare-bones policy. Many homeowners have been dropped by their regular insurance company as insurers pull out of the market in certain areas. The problem is […]
A recent Deloitte study found that while consumers remain fairly conservative when it comes to changes in consumer insurance products, they are also open to change, especially ones that give them more flexibility in coverages. The survey queried 1,000 U.S residents about the types of auto, home, and renters’ insurance concepts they’d prefer as well […]
If you have a rental property or even rent out your own home on an occasional basis, you probably should be carrying landlord insurance to properly protect your rental property. A typical homeowner policy doesn’t cover issues related to renters. Here is a brief overview of everything you need to know about landlord insurance: What […]