Buying a new home is an exciting milestone, yet it can also be stressful and complicated. If you aren’t alert, you may end up broke or purchase a home that does not suit your lifestyle. To avoid this, you need to prepare your finances in advance.
Growing Family: How to Set up Your Finances for a New Home Read More »
Most people would be surprised by all the things that their insurance policies don’t cover. If it’s been a while since you’ve updated your insurance, you might want to take a few moments to reassess that coverage. After all, it’s vital that you know whether you are protected in case of an emergency.
Reassessing Your Insurance Coverage: Are You Protected in Case of an Emergency? Read More »
Homeowners typically have two options when choosing the amount and level of protection of their insurance policy. There’s ACV or actual cash value and RCV or replacement cost value. ACV will reimburse you based on the initial cost of your home, depreciation considered, which means the insurance coverage may decrease over time. RCV, on the other hand, insures your home for its current market value, regardless of any potential depreciation.
What You Need to Know about Different Types of Homeowners Insurance Read More »
Hopefully, you’ve survived the recent hurricanes without incident, but with so many people suffering damage from Hurricanes Harvey and Irma you might be wondering how to get compensated if you suffer damage. For instance, suppose you are in the situation of my neighbor David. His roof was about 20 years old and so had about 5 years of life left in it before he was going to have to replace it. But along came hurricane Irma which ripped off about a dozen shingles and created leaks and potential leaks.
Hurricane! How to Get Compensation after Significant Home Damage Read More »
