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. There are three things to consider before renovating to repair damage from a natural disaster. Welcome to hurricane season. And, an extraordinarily rainy/delayed planting season in the Midwest. And, wildfire season on the West Coast. Whew! Exhausted yet? As natural disasters become more frequent, more [...]
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 [...]
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. 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? 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 [...]
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 [...]