Whether you are insuring your home or an investment property, the amount of coverage needed can be confusing because there are so many different valuations to consider.
Getting home and auto quotes make a lot of people nervous, annoyed, and sometimes unsettling. Some insureds feel like they are giving very personal information away. Some feel that their credit score is getting dinged for it. A lot of insureds really are in an “out of sight, out of mind” mentality. It is important to know that getting quotes are harmless and easy.
A little information about COMP claims on your current Auto insurance policy. I have insureds tell me they have only comp claims on their history so there SHOULD NOT be a problem. They also tell me they have been told they can file as many as they want as long as they are “COMP claims.”
What are collision and comprehensive deductibles?
I am officially at that age where my friends are starting to get married, have kids, buy their first houses – and more importantly, they are getting off their parent’s auto insurance policies. Some have made that grown-up move recently, and many made the switch during or just after college. With that said, nearly all of them barely even know what basic liability coverages take care of, much less what their collision and comprehensive deductibles handle.
As a young adult, I know many people around my age that simply do not know anything about car insurance, and that is okay. Most think it is just something that we all “have to have”. Although that is true, there are many more levels to a recommended car insurance policy, starting with the liability limits.
Every December my wife and I make a list of new year goals and resolutions. The list typically has a few home projects, perhaps a vacation, or health goal. The one goal that always appears on the list is to add to our savings and retirement. We try to find new ways to save money and set ourselves up for an early retirement. We would love to own property on water and watch the sunsets as soon as possible!
Hidden leaks in your home could go undiscovered for weeks or even months. By the time there is any visible damage, it could have already caused thousands of dollars worth of damage beneath your flooring or behind your sheetrock.
Homeowners insurance rate increases are one of the most common questions we get, and it is understandable why that would be a source of confusion.
It is very rare these days to see the rate on a home insurance policy decrease, for a number of reasons.
I got a phone call from a client recently who was standing in his living room bailing water. He had gone out of town the day before and came home to several inches of water throughout his house. Basically, everyone’s worst nightmare.
Congratulations! You were one of the lucky ones whose home escaped the winter storm unscathed, with no water damage from frozen pipe bursts. Maybe you have survivor’s remorse, feeling guilty because so many of your friends or neighbors weren’t as fortunate. Now what?