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.
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 [...]
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 [...]
Major damage to your home can also do damage to your wallet, and homeowner’s insurance is intended to help manage some of that cost. However, simply having insurance doesn’t mean that you should file a claim every time something goes wrong with your house. “Insurance isn’t meant to be a home warranty program,” says Colt [...]
No matter the circumstances, divorce can be painful—both emotionally and financially, including issues surrounding various types of insurance policies. As you work through your finances, be sure to consider the insurance implications of divorce. Auto insurance A divorced or separated couple will need to decide who will wind up with any car (or cars), and [...]
A few weeks after Hurricane Katrina struck Louisiana in 2005, I received a call from an elderly woman who was confused about her insurance policy. She said that she had paid a significant sum of money for homeowner’s insurance coverage to a person who claimed to be an insurance agent. This supposed agent insisted the [...]
This article was written by guest blogger Loretta Worters. There are a lot of homeowner’s insurance myths floating around, and it can be hard to separate fact from fiction. Whether you’re shopping for homeowner’s insurance for the first time or updating your existing policy, here are a few misconceptions to keep in mind about what [...]
Fall is just around the corner, and many parents are preparing to send their college students back to campus for another semester. Before you say goodbye to your son or daughter, consider that now may be the perfect time to do an insurance policy review. Here are six questions to ask yourself that can help [...]