Changes to the National Flood Insurance Program has meant that many homeowners who live on the coast or in river valleys are seeing their insurance premiums soar. Early on in October part of a new law came into effect. The law is called the Biggert-Waters Insurance Reform Act of 2012, and according to the article
The Pros And Cons Of Buying a “Fixer-Upper”
September 17, 2013 by
If you like do-it-yourself projects and don’t mind waiting a few weeks to unpack into your new home, a “fixer-upper” might be at the top of your shopping list. In addition to a typically lower price tag, this type of home gives homeowners the opportunity to have a creative hand in every step of the
Freddie Mac Streamlines Hurricane Sandy Insurance Claims
February 25, 2013 by
Last Friday Freddie Mac (OTCQB: FMCC) announced having taken steps to reduce the time needed for Hurricane Sandy victims to get their insurance proceeds. Those people with Freddie Mac-owned or -guaranteed mortgages will get relief faster and be able to get renovations underway more quickly too.
Buying Home Insurance: What You Need to Know
August 22, 2012 by
You know full well you need home insurance to protect yourself against accidents, burglary, and unfortunate acts of nature, but choosing the right kind of policy isn’t as easy as all that. To make sure that your home has the right kind of coverage at the right price, read up on these home insurance essentials before you go shopping around.
Curbing your Home Insurance Costs: A Few Tips
May 28, 2012 by
Whilst the value of the average American home may not have changed much in recent months, the cost of protecting that home certainly has. Home insurance premiums have noticeably ‘bumped’ up of late, and now homeowners are left wondering if there’s anything they can do to mitigate this.
Caution Urged For Home Insurance Buyers
December 12, 2011 by
When it comes to shopping for home insurance, you don’t need us to tell you about the sheer number of different policies you can buy. But, perhaps you should heed this advice from the University of Chicago Law Review – who warn that more homeowners could be about to have their insurance claims denied when
10 Reasons to Re-think Your Homeowners Insurance
December 7, 2011 by
Bad economic times, millions of people desperate for a place to stay, something to eat, the world can look at times like something out of the film The Grapes of Wrath. But, for the homeowner, property crime is not the biggest reason to think about home insurance, Mother Nature also weighs heavily where financial loss is concerned. You don’t have to live in Tornado Alley to have your life blown away. There are many more pitfalls today’s property owners have to evade somehow. Can you afford NOT to understand them all?
Homeowners Unlikely To Be Covered For Hurricane Irene Flood Damage
August 30, 2011 by
Homeowners along the east coast who are slowly picking up the pieces following the devastation caused by Hurricane Irene at the weekend are bracing themselves for a second deluge – in repair costs. Even though most people have homeowners insurance, those who have suffered damage to their homes resulting from flooding – submerged basements, failed
