Homeowners insurance can protect you and your home in case of damage, theft, fire, or many other occurrences. Look here for more information about homeowners insurance and how to find the best policy for you.
Natural Disaster: What to Do Before You Make Home Repairs
Natural disaster: what to do before you make home repairs. Consider these three things before repairing damage from Hurricane Dorian. The First Major Hurricane of the Season is Here with Hurricane Dorian UPDATED SEPTEMBER 5, 2019: The National Hurricane Center reports Hurricane Dorian is bringing life-threatening storm surge, winds, heavy rainfall and tornadoes to the [...]
2 Moving Tips to Make Your Big Move Easier
Moving tips to make your big move easier. These tips will help you plan a less stressful move, whether you're doing it DIY or hiring professional movers. An estimated 20 million Americans will pack up their lives and move into a new home this summer, according to InsuranceQuotes.com. No matter how organized you are (or [...]
Trees, Neighbors and Insurance Coverage: What You Need to Know
Trees, neighbors and insurance coverage: What you need to know when nature strikes and your homeowner's insurance gives you the runaround. Over the past few weeks, we’ve received a number of letters on our recent column about trees, neighbors and insurance coverage. A reader wrote in that a tree fell on his neighbor’s garage and [...]
What Is the Purpose of a Home Inventory?
What is the purpose of a home inventory? A home inventory list can make filing an insurance claim in the event of a major loss much easier. Seventy percent of Americans have gone through a natural disaster at some point in their lives, according to research by Farmers Insurance. With that in mind, it’s surprising [...]
Neighbor’s Tree Fell on My House – Who Pays for Damages?
Neighbor's tree fell on my house - whose homeowner's insurance pays for damages? If it was due to natural causes, you may be footing the bill. Q: When I was reading your recent article on homeowner's insurance, I thought I’d share what I was surprised to learn something last year. My son's neighbor's tree fell [...]
What To Do When Your Home is Overvalued by Your Homeowner’s Insurance Company
What to do when your home is overvalued by your homeowner’s insurance company. Hint: You may want to consider changing companies. Q: Every year, I get a renewal notice from my homeowner's insurance company and it indicates the value of my home. The insurance company lists my residence value at over $700,000. I understand that [...]
How Is My Homeowner’s Insurance Premium Determined?
How is my homeowner's insurance premium determined? Homeowners Insurance pricing is complicated making it difficult to choose the best policy. Q: We put in a bid on a 1920s home in the Chicago area for $275,000. I called my insurance company to get a quote and they told me it would cost around $1,800 a [...]
How Mortgage Refinance Affects Your Homeowner’s Insurance
During a mortgage refinance, it's usually normal for your new lender to become the first mortgagee on your homeonwer's insurance policy before finalizing the refinance. Q: Should a mortgage broker or a lender name themselves as the first mortgagee on a homeowner’s insurance policy without first completing the underwriting process, appraisal and funding the loan [...]
Is Bicycle Insurance Right for You? Insuring Your Bicycle
According to statistics compiled by People For Bikes, a nationally recognized movement to promote the benefits of cycling, Americans spend $81 billion annually on biking. Buying a bicycle can be an expensive endeavor: A low-end model can cost hundreds, and for the more serious rider, a high-end bike can cost thousands. Whether you’re commuting to [...]
Title Insurance For Your Home: Do You Need an Owner’s and Lender’s Title Policy?
By the time you have saved for your down payment, put funds in escrow for your dream home, and paid for a home inspection or survey, you may be in the mood to conserve some cash. But if skipping the purchase of title insurance seems like a good idea, you might want to think twice. [...]