Federal flood insurance is expected to get dramatically more expensive for thousands of homeowners who live in the Houston area as Congress overhauls the federal flood program that is currently billions of dollars in debt. The National Flood Insurance Program (NFIP) is $24.6 billion in debt and is struggling to stay solvent. In Harrison and […]
It’s been a tough storm season in Florida, leaving many people worried that their roof might have hail damage. This has led to some shady roofers to start working with less than honest attorneys to scam homeowners and their insurance companies utilizing the assignment-of-benefits (AOB) clauses that are in most homeowner insurance policies. According to recent […]
According to data released by NTT Data, which is a top 10 global business and IT service provider, roughly 2 out of 3 homeowners insurance customers in the United States would be willing to change insurance companies if they could get a discount on their policy for using smart home devices. Smart home devices, which […]
Selling a home can always be a challenge, but selling a home in a flood prone neighborhood can be extremely difficult. If your home is located in a designated flood zone you may find buyers are less willing to make an offer or will offer well under your asking price. Below is a list of […]
Home insurance can be a complicated subject and there are a variety of myths out there that can make the subject even more confusing. Here are a few of the most common myths related to homeowners insurance as well as the myth busting facts for each one. Home Insurance is Mandatory: While certain auto insurance […]
Recent storms that swept across South Georgia killed 15 people and caused massive damage to homes and businesses. According to the National Weather Service an EF-2 tornado hit parts of southern Georgia with winds that reached up to 135 mph. Unfortunately the damage may not end with the storms. The Better Business Bureau (BBB) in […]
Spring and summer are the busiest seasons when it comes to buying a new home and moving. While most people are not going to decide where to move based on the cost of homeowners insurance, it doesn’t hurt to know if you are moving to a high cost state. A study released in February 2016 […]
The Christmas season is upon us and that means presents, lots and lots of presents. Shopping online has reached epic proportions with UPS estimating in 2015 that it shipped 630 million packages during the holiday season. Unfortunately, not everyone’s package will arrive, or more accurately, it will arrive and will then be promptly stolen from their […]
In the past, reverse mortgages were often considered a last resort to drum up some cash and they had a bit of a bad reputation but that has changed in the last few years as reverse mortgages have become more mainstream and are being used a financial planning tool for homeowners. Reverse mortgage actually date […]
Hurricane season is in full swing and the East coast could take a beating this year with North Carolina researchers predicting a total of 15 to 18 tropical storms and hurricanes forming the Atlantic basin in 2016. This is a statistically significant change from the 11 named storms that have been the average from 1950 […]