Like most scams, insurance scams are designed to separate you and your money. Even if you have never been the victim of insurance fraud, you are probably paying for it via a higher premium. According to the Federal Bureau of Investigation, the average U.S. family pays between $400 and $700 per year in increased insurance […]
If you are considering a second home, you should be aware of the expenses that come with it. As with your primary home, there are plenty of costs that go well beyond the mortgage payment. While you may have considered (or certainly should have) the cost of homeowners insurance, property taxes and even an HOA […]
If you are going to be in the market for a new home soon there are plenty of things to consider as well as actions to take to make sure you are ready before you start touring homes. Here are a few things to consider when preparing to purchase a new house: Are you ready? […]
2020 is turning out to be quite a year for major storms. Named storms are forming at a record pace. Experts are predicting as many as 25 named storms to hit the Atlantic this season which is close to double the average number. Hurricane Laura has already done almost $12 billion in insured losses this […]
Due to historically low interest rates, many homeowners are refinancing their mortgages. In fact, close to 1.7 million U.S. homeowners refinanced over April, May and June of this year, according to Attom Data Solutions. This is over double the number who refinanced loans during the same period in 2019. The coronavirus has had a major […]
One of the best ways to save money on your homeowners insurance is to shop it on a regular basis. Most experts recommend shopping your coverage at least once a year by getting quotes from at least five insurers. If you have found a better deal on your coverage it is time to consider a […]
Home Insurance adjuster examining flood damage in the aftermath of Hurricane Sandy on November 11, 2012 in Far Rockaway, NY Floods are both the most common and most expensive natural disaster that hit the United States. According to the Federal Emergency Management Agency (FEMA), flood damage ends up costing an average of $8.2 billion every […]
As COVID-19 continues to spread across the country, many vacationers are still skeptical of airlines and hotels which has led many of them to rent an RV to get in their vacation time this year. It turns out they are not alone, RV rentals are booming this year and National Geographic recently dubbed 2020 “the […]
According to the most recent data, roughly 4.75 million homeowners are in forbearance and more than 41 million Americans have filed for unemployment which makes it hard for many homeowners to keep up with some expenses related to their home such as property taxes and homeowner insurance. All of the uncertainly has led to increased […]
Spring usually kicks off the summer season of real estate activity as homeowners put their houses on the market. However, this year may be a bit different thanks to the varying degrees of lockdown being enforced around the country. This can shut down open houses and even make individual showings difficult. The National Association of […]