Homeowners in East Austin have seen flood issues become much more serious over the past decades, despite the fact that the city built a flood wall roughly 15 years ago. As climate change has warmed the atmosphere, storms have become more intense, releasing much higher rates of rainfall which has drastically increased the risk of […]
Roanoke Marshes Lighthouse – Manteo NC (Dare County, North Carolina) North Carolina homeowners will be experiencing higher premiums for homeowners insurance starting next spring, but the pain is nowhere near as bad as it could have been. Mike Causey, North Carolina’s Insurance Commissioner managed to negotiate the rate increase requested by the North Carolina Rate […]
According to recent J.D. Power 2019 U.S. Home Insurance Study, roughly three-fourths (74%) of homeowner insurance customers feel that the homeowners insurance industry needs improvement. A whopping 13% of customers felt that “radical improvement is needed.” The study found that the overall customer satisfaction with homeowners insurance declined for the first time since 2015. J.D. […]
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 […]
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 […]
Colors of hope along the downtown Austin, Texas area skyline. Texas homeowners could be seeing a premium hike or increase in deductibles this year according to a recent Insurance Journal article. Insurance companies that sell homeowners insurance in Texas have been filing for rate increases with the state regulators over the last couple of years […]
Florida legislators are looking into one-way attorney fees that have been one of the sources of inflated homeowners claims related to the Assignment of Benefits (AOB) issue that many people blame for the Sunshine States high homeowner insurance costs. Currently, Florida is the most expensive state in the country for homeowners insurance with the average […]
Classic Circa 1990’s home in Chesapeake City, Maryland. If you have recently paid off your mortgage and are considering dropping your homeowners insurance to save some money we highly recommend you reconsider. Going without insurance can be a major risk if your home is hit by a storm or fire. Without the protection of insurance […]
View of a nice coastal neighborhood of victorian style homes near the New Jersey shore. Once you have paid off your mortgage, it’s possible to drop your homeowners insurance. While this may seem like a good idea (saving money is always good) it can end up being a huge mistake if your home is hit […]