Homeowners

RECENT ARTICLE

Why Do I Need Mortgage Insurance?

Homeowners: When you start looking into home loans you may find that a lot of lenders will require that you pay for mortgage insurance or mortgage insurance has to be a part of the deal. This is especially true if you get an FHA loan or any type of federally insured loan. You might wonder what this is all about since this type of mortgage insurance doesn't actually provide you any insurance, but it's a good deal. While you may be required to keep mortgage insurance for your loan you can also opt for your own mortgage insurance, too! Home Loans and Mortgage Insurance Home loans are s...

Insurance Expert on July 21, 2010 0

Share |

ALL ARTICLES

Federal Flood Insurance

Homeowners: Since 1978, the federal flood insurance program has paid out over $11.6 billion in claims. Up to 25 percent of that went to owners of flood damaged property located outside of designated "flood prone" areas. Read on for the basics of the federal flood insurance program. About the National Flood Insurance Program Congress created the National Flood Insurance Program (NFIP) in 1968 as the government's response to the rising cost of taxpayer funded disaster relief for flood victims and the increasing amount of damage caused by floods. The Federal Emergency Management Agency...

Insurance Expert on May 19, 2010 1

Share |

ALL ARTICLES

Moving Insurance

Homeowners: If you're wondering about insurance before moving, remember that no matter how careful you are in choosing movers, accidents can happen. Boxes can be bumped or dropped or shift during transit and no amount of research will guarantee the safe arrival of your goods. What can be controlled is how effective your moving company is at resolving claims and making sure you're adequately covered should an accident occur. Making a Claim Let me mention up front, in case you don't get to the end of this article, that if you need to make a claim, before you sign the inventory sheet, ...

Insurance Expert on May 19, 2010 0

Share |

ALL ARTICLES

How To Buy Renter's Insurance

Homeowners: The first thing you should do when looking into renter's insurance is to make a list of the items in your house that you want covered in your policy. Items like your stereo, T.V. jewelry, art etc. Anything of value to you is what you want to put on your list. Make sure you write down the serial number of any of the items you are going to insure. Some people even take pictures of these items. If you still have the owner's manual with some of them, that will help too. Next, you might want to write down any questions you have for the insurance company. You will want to know what kind of protectio...

Insurance Expert on February 12, 2010 0

Share |

ALL ARTICLES

Buy Insurance for a Home under Construction

Homeowners: Few things are as exciting as building a new home, but failing to insure the construction site properly could cause both financial trouble and an undue amount of stress and hardship. Many individuals mistakenly believe that they are not required to purchase insurance until the house is complete and an occupancy certificate is issued. While there may not be any personal belongings on the property to protect, there still is the potential for liability issues and other losses. Buying insurance for a home under construction is not difficult, but a person needs to investigate several...

Insurance Expert on February 12, 2010 0

Share |

ALL ARTICLES

Protect Your Hearth and Home ... for Less

Homeowners: By the time you've haggled over the price of a new home and endured the financial strip search that is part of getting a mortgage, you may be inclined to go the easy route when it comes to homeowners insurance. That is, you may just leave it up to your friendly insurance agent to find you the best deal. Bad idea — at least if you want to save money. While an agent may be a valuable resource, shopping around on your own can save you big bucks off your premium — as much as 50%. The reason is simple: By doing your own legwork you eliminate the middleman and his fat commissions. Independent...

Insurance Expert on January 26, 2010 0

Share |

ALL ARTICLES

Who Needs Builders Risk Insurance

Homeowners: In most neighborhoods, an announcement is posted to inform everyone that a new housing development is being built. Once the construction of the houses begin, builder's risk insurance takes effect. If you have friends or family that are excited because a much needed room is being added to their existing house, builder's risk insurance should be purchased prior to the renovations. The situations above are just a few indicators regarding the need for risk insurance. Most people are familiar with homeowners, auto, boat, RV, fire, flood or pet insurance. Builder's risk insurance is one of the mo...

Insurance Expert on December 21, 2009 0

Share |

ALL ARTICLES

The Risks of Faking a Home Insurance Claim

Homeowners: The risks of faking a home insurance claim The recession has certainly taken its toll on the bulk of homeowners who have been left reeling by high mortgage rates, increased utility bills and the soaring cost of living. Many, it seems, have been left so desperate by the effects of the credit crunch that they are willing to forego their morals in a bid to make some cash - even if that means breaking the law. Research by a comparison website has revealed that one in 20 Brits would consider making a false claim on their home insurance. Of these, more than 1.2 million blame t...

Insurance Expert on December 19, 2009 0

Share |

ALL ARTICLES

Don't Wait for the Flood

Homeowners: Here's a bit of insurance trivia for you: Nearly 25% of all claims the National Flood Insurance Program pays out are for policies in low- to moderate-risk areas. This statistic should serve as a reminder that even if you don't have a beachfront home, or a lovely cottage on a lake, or even a trailer down by the river, you might still want to make sure you've got sufficient protection against floods. If you're assuming that your home insurance policy covers flooding, you're probably wrong. Most such policies don't. In fact, grab a copy of your policy. I'll wait. You might be surprised by what...

Insurance Expert on December 10, 2009 0

Share |

ALL ARTICLES

What is Household Insurance?

Homeowners: They say that prevention is always better than cure. True. But no matter how well you take care of your belongings and properties, there is still the possibility of loss and damage. You may prevent theft or fire but you can’t prevent natural calamities. This is why aside from getting an auto policy, getting household insurance is a wise move to protect the value of your properties against any harm. Getting informed is the first important step when getting household insurance. Household Insurance Defined Household insurance may be defined differently depending on your l...

Insurance Expert on December 3, 2009 0

Share |

ALL ARTICLES

How To Learn About Your Home Warranty Coverage

Homeowners: The reasons why you need to learn about your home warranty coverage are obvious. Without knowing what it does, you may just let some of your big appliances be repaired by somebody and spend more money for it. A home warranty is not free, and that is why you must make the most of it, and knowing what it covers provides you the opportunity to get what your money is worth. Of course, you can easily make a guess on what items are included, something that may be as wild as including everything under your roof. However, you may only end up upset over more limited coverage. Your warranty corporati...

Insurance Expert on November 26, 2009 0

Share |

ALL ARTICLES

How to Determine if You Need Umbrella Insurance

Homeowners: Step 1 Excess liability insurance coverage (aka, umbrella insurance) is usually acquired by individuals wishing to avert catastrophic financial risk. Typically, an umbrella policy is purchased over and above the liability limits on homeowners and or automobile coverage. As an example, assume that your homeowners policy had a $250,000 liability limit on injuries that occur on your property. Seems like quite a bit. But now assume that a neighbor gets electrocuted while helping you string Christmas lights... to that person's heirs, $250,000 isn't going to sound like very m...

Insurance Expert on November 18, 2009 0

Share |

ALL ARTICLES

Which Type of Home Insurance Policy Can Be Beneficial

Homeowners: For the person who owns a house, it is something that he never wants to loose because he has struggled a lot for that home especially a middle class person. To protect your home the best way is to buy a home insurance policy. You must seriously think about an insured home as it provides insurance of each and every think present inside your home which belongs to you. In case any thing more badly than the worst can happen you don’t have to worry as you have an insured home. You can refund all the things that you have lost. The price on which you are buying the insurance policy is decided ac...

Insurance Expert on November 10, 2009 0

Share |

ALL ARTICLES

Home Owner Insurance

Homeowners: Home insurance, also commonly called hazard insurance or homeowners insurance (often abbreviated in the real estate industry as HOI), is the type of property insurance that covers private homes. It is an insurance policy that combines various personal insurance protections, which can include losses occurring to one's home, its contents, loss of its use (additional living expenses), or loss of other personal possessions of the homeowner, as well as liability insurance for accidents that may happen at the home. It requires that ...

Insurance Expert on November 9, 2009 0

Share |

ALL ARTICLES

With HO5 Insurance, You're In Charge

Homeowners: With most home insurance, you are required to prove that your personal property claim happened due to one of the named perils listed on your policy. However, there are premium policies where the only way you won't get reimbursed for personal property damages is if the peril is specifically exempted from your policy. Perils Peril is "insurance speak" for specific dangers that could cause damage to your property. For instance, a burst pipe, fire, hurricanes or tornadoes are all perils. Named perils means the perils you are covered for that a...

Insurance Expert on November 9, 2009 0

Share |

ALL ARTICLES

How to Lower Your Homeowners Insurance Rates

Homeowners: Depending on policy options and the provider you choose homeowners insurance rates can vary by hundreds of dollars. Here are some ideas how you can lower your homeowners insurance rates. 1. Compare Homeowners Insurance Rates Compare homeowners’ insurance rate quotes to determine, if you are getting a good homeowners insurance rate. You can save money on a new policy, comparing homeowners’ insurance rates from different providers. You can get multiple homeowners insurance rate quotes quick and easy with online comparison services that you can...

Insurance Expert on October 8, 2009 0

Share |

ALL ARTICLES

Save On Your Home Insurance

Homeowners: Insurance companies offer discounts for homes that have security system, sprinkler system, and deadbolt locks. Make sure to let you insurance agent know that you have those. When buying a house make sure it’s in a low-risk area. Some areas are at high risk for natural disasters and other areas have higher insurance costs because of the higher crimes. Estimate your insurance needs fr...

InsuranceActs on July 2, 2009 0

Share |

ALL ARTICLES

Homeowners Insurance, Protection You Must Have

Thumbnail image for Nunc ullamcorper, dolor sed elementum.

Homeowners: Buying a home involves more than just making sure you have homeowner’s insurance coverage. If you've recently purchased a home, here are some types of insurance that may be impacted by your recent move. Homeowners insurance ...

InsuranceActs on May 19, 2009 0

Share |

ALL ARTICLES