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Should I consider climate changes when buying a new home?

21 Jun
Happy,Millennial,Couple,Receiving,Keys,From,Realtor,,Purchasing,Real,Estate

Climate change is on our doorstep, so now more than ever, it’s essential to consider the local climate when buying a new home. Not only is the current climate important, but experts suggest homeowners look towards the future. How will the next 10, 20 or 30 years impact your new purchase?  The increasing frequency of […]

Which state pays the highest home insurance premiums in 2025?

24 Apr
Real,Estate,Concept.,Property,Investment,,Asset,Management,,Loan,Mortgage,,House

Recently, Insurify released its third annual American Homeowner Insurance report which offers a detailed forecast of insurance trends in the U.S. for 2025.  States that have a high risk of wildfires and severe weather will see the largest increases in homeowners insurance premiums. According to the report, Louisiana will see the largest premium increases with […]

What’s the average home insurance rate for a $300K home in 2024?

09 Dec
Oklahoma,City,,Ok,,Usa,-,July,25,,2023:,Photo,Of

A recent report from Insurance.com found that the average homeowners insurance rate for a $300,000 in homeowners coverage hit $2,777 per year which breaks down to $231 monthly.  The cost of homeowners insurance in some states can be extremely expensive, for years Florida has been know to have the highest premiums in the nation. When […]

Where is it cheaper to rent than to buy a home in the United States?

05 Sep
The,Question,",Should,You,Rent,Or,Buy,A,Home?

According to a new study from Clever Real Estate, a St. Louis-based real estate company, monthly rent costs are actually cheaper than a monthly mortgage payment in 48 of the 50 most populous cities in the United States. Their analysis looked at mortgage principals, interest, taxes as well as homeowners insurance and they found that […]

Are homeowners insurance companies increasing deductibles? 

22 Aug
Trend,Artwork,Composite,Sketch,Collage,Of,Silhouette,Young,Pensive,Lady

This year many homeowner insurance companies have been raising their homeowner percentage deductible from 1% to 2% which could be a massive increase for policyholders who have to make a claim on their policy. It has led to many homeowners shopping their coverage as their out-of-pocket costs skyrocket.   As the cost of claims increases, particularly […]

What happens to my mortgage if my homeowners policy gets cancelled?

18 Jul
Senior,Couple,Looking,Through,Papers,Using,Laptop,Reading,Bills,And

As more and more insurance companies stop writing policies in certain markets or cancel existing policyholders they find too big of a risk, homeowners are finding their policies cancelled or non renewed. While a cancelled policy is a shock, it doesn’t mean you need to panic.  Following is a brief overview of what to do […]

Why Are Homeowners Insurance Premiums Rising in 2024?

09 Jul
While,Funny,Active,Daughter,And,Son,Running,Parents,Sit,On

As insurance rates rise at unprecedented rates, homeowners are cutting back on groceries, travel, dining out, and even medication to afford the cost of their insurance premiums. In even more shocking news, 1 in 10 homeowners are even consider moving to an area with lower premiums, according to a recent survey by Claimguide. According to […]

Should I raise my deductible to $10,000 to help offset the cost of rising premiums?

15 May
Hispanic,Woman,Use,Calculator,Calculate,Costs,Working,Sit,At,Table

According to industry reports, homeowners are raising their deductibles to $5,000 to $10,000 to help offset the cost of rising premiums.  While raising a deductible into the stratosphere will absolutely lower your homeowner insurance premium, it does mean that you will have to cover your deductible amount in the event you have to make a […]