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 […]
Hurricane season is here and if you don’t have a flood insurance policy in place, you may want to consider one. Flood damage is not covered by a standard homeowners policy and the majority of hurricanes bring severe flood damage with them when they come ashore. In the past, the majority of flood insurance policies […]
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 […]
Smart home appliances have really come into their own in the last few years, growing in popularity as they become smarter, making life easier for homeowners while also helping them save money. Smart home appliances have moved from simply making life a bit easier to actually helping homeowners put money back in their pocket. We […]
The majority of us need to take out a mortgage to purchase a home and in many cases it will be the biggest loan we will ever have. This makes your mortgage one of your most important financial instruments and making decisions about it can have a major impact on your financial life. Deciding whether […]
The new republican tax plan may have an impact on your homeowners insurance that you should be aware of, in fact if your home is destroyed by fire, flood or other covered perils next year you will most likely not be able to claim the losses on your taxes. The Tax Cuts and Jobs Act, […]
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 […]
According to a report from Insurancequotes.com, your credit history may have a much bigger impact on your homeowners insurance rates than previously thought, and the gap between a poor and excellent credit rating seems to be growing. In fact, if you have a poor credit rating, on average, your premium will be more than double […]
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 […]
Homeowners insurance is a necessity, but it can also be expensive. According to a recent study, the cost of homeowners insurance has increased about 50 percent over the last decade. Currently, the average annual policy price has hit $952 with some states coming close to an average price of $2,000 a year. We all want […]