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.
Real Estate Minute: Shopping For An Alarm System
Real Estate Minutes Shopping for an alarm system. Be sure to read the fine print
Real Estate Minute: Shopping For Homeowners Insurance
Real Estate Minutes Shopping for homeowners insurance
Special Flood Hazard Area (SFHA) Homes Must Have Flood Insurance
Homes that have a federally regulated mortgage and are in a Special Flood Hazard Area must have flood insurance, according to the National Flood Insurance Reform Act of 1994. Despite federal law requiring homes in SFHAs to purchase flood insurance if they have mortgages, only 49 percent of single-family homes in SFHAs have flood insurance.
Types Of Property Insurance
Homeowners who move out of their homes and leave the home vacant -- not just unoccupied -- risk having the insurance company invalidate a claim they file against their insurance policy. There are different types of property insurance needed if a home is vacant or rented out.
Vacant Home Requires Different Insurance
Often, insurance policies are written to cover homes that are exclusively lived in by the owner. If you're going to rent your property or the property is going to be left vacant, you'll need a different sort of insurance policy or at least a waiver from your insurance company. The typical insurance policies don't cover what happens to a home if no one lives in it.
Ranking Insurance Companies
I'm often asked how to figure out whether to go with one insurance company or another. I give the standard answer: * Check them out at Moody's (www.m...
Insurance: Homeowners Should Shop Around For Best Insurance Deal
Homeowners should shop around for the best insurance deals. Often homeowners can get a great deal if you purchase all your insurance from the same company. Another way homeowners can get a better deal on insurance is by keeping a good credit score.
Storms, Hurricanes And Homeowners Insurance
In 2006 there were 33 catastrophic events that cost insurers nearly $9 billion in losses. Homeowners and renters saw a rise in their insurance premiums. Renters and homeowners should be very cautious when considering going without insurance.
Inspection Reveals New Home Has Water Problems
A buyer recently bought a home that now has water in the basement. His home inspector has mentioned poor gutters and a grade problem. Since these problems were revealed during the inspection, and the buyer did not request to have them fixed, the purchasers are most likely responsible for the damages.
Ilyce Glink on WSB Radio – August 6, 2006
Ilyce talks about hurricanes and home owners insurance, big scams, the tax-free holiday and the new Pension Act Bill, which will have an effect on your 401k. As always, she takes call from listeners and offers real estate advice and personal finance advice on a variety of topics.