A recent Deloitte study found that while consumers remain fairly conservative when it comes to changes in consumer insurance products, they are also open to change, especially ones that give them more flexibility in coverages. The survey queried 1,000 U.S residents about the types of auto, home, and renters’ insurance concepts they’d prefer as well […]
If you have a rental property or even rent out your own home on an occasional basis, you probably should be carrying landlord insurance to properly protect your rental property. A typical homeowner policy doesn’t cover issues related to renters. Here is a brief overview of everything you need to know about landlord insurance: What […]
Florida gains about 300,000 new residents every year and 2020 has been no exception, despite the challenges of the pandemic. Unfortunately, many of those new residents, as well as longtime residents of the Sunshine State will be looking at major homeowner insurance rate increases in the coming years. Florida is on the verge of large […]
Homeowners across the country are suffering as unemployment climbs across all industries, making it difficult for many homeowners to cover all of their bills. The Federal government, as well as some private mortgage companies are offering a bit of help by allowing some homeowners to apply for mortgage relief. While this sounds great, there can […]
Your home is usually your most valuable asset and protecting it with insurance is a necessity. However, homeowners insurance can be confusing and understanding the various components is important to make sure you are fully protected. Here are a few things to look at when shopping for an insurance policy: Replacement Vs. Actual Cash Value […]
Closing costs are part of any real estate deal and something that you need to budget for before signing on the dotted line. Understanding what closing costs entail will make budgeting for your home purchase much easier. Closing costs includes a variety of expenses that go above and beyond the purchase price of the property […]
Texas homeowners are finding out that their home warranty may not be there when they need it the most. According to a recent Click2Houston.com article, Houston resident Jena Goetz learned a hard lesson about home warranties when her air conditioner system went out last summer. The repairman sent by the warranty company claimed she needed […]
A California wildfire seen from the hills of Hollywood, this fire ignited on November 8, 2018 and burned 96,949 acres of land. The fire destroyed 1,643 structures. The number of homeowners who have lost their California homeowners insurance due to wildfire threats keeps growing as insurers pull out of fire prone areas. Those homeowners will […]
Climate change has increased the number of natural disasters in the last decade and that is impacting homeowners insurance rates according to a new report by QuoteWizard. Data from the Insurance Information Institute shows that there were 850 natural catastrophes across the world in 2018, which is a big jump from the 740 in 2017. In […]
Homeowners in East Austin have seen flood issues become much more serious over the past decades, despite the fact that the city built a flood wall roughly 15 years ago. As climate change has warmed the atmosphere, storms have become more intense, releasing much higher rates of rainfall which has drastically increased the risk of […]