Canceling your homeowners insurance, even if you haven’t used it for a long time, is potentially a very risky decision with major ramifications for your future. The liability protection your insurance provides, for example, can protect you from a crippling financial blow if someone sustains an injury on your property for which you are liable. […]
With a growing risk to homes from wildfires, many homeowners insurance companies are trying to find ways to avoid paying customers any more than necessary. Wildfires already cause billions’ worth of damage every year, and climate change is just going to make this hazard worse. Most homeowners insurance is supposed to cover both fire damage […]
A short sale occurs when a mortgage lender allows a buyer to sell a house for less than the amount owed on the mortgage, and then forgives the balance. This can be a tricky prospect for everyone: the seller gets a hit on their credit and walks away without any gains, but avoids foreclosure, while […]
Home warranties are usually very bad deals that aren’t worth the money you’ll pay for them. These warranties claim to protect you from the cost of appliances breaking down, in reality they provide very little coverage and are not accepted by many of the best contractors. New home builders typically offer much better warranties — […]
Realizing that it is time to upgrade your car can be a stressful and usually unwanted experience. Most of us in America cannot afford to buy a brand-new car so unfortunately, used is the way we must proceed with. Foreign Policy magazine has compiled a very short list of items to keep in mind when […]
Out of all the types of available insurance, car, health and renters insurance are the most crucial to protecting yourself and your family. Renters insurance can help you replace the value of your general belongings if they’re destroyed by a natural disaster or stolen, and also protects you if someone gets hurt in your residence […]
If you are a renter, it is critically important that you have renters insurance to protect you in the event of a theft or fire. Unfortunately, renters insurance does not receive the attention that it deserves! Your landlord’s insurance does not insure your belongings, should an unfortunate incident occur. It covers the property only. Some […]
While a reverse mortgage can provide seniors with an equity credit line while eliminating their monthly payments, in many states they still have to be able to pay property taxes and other assorted expenses related to their properties. However, twelve states (Massachusetts, California, Michigan, Oregon, Minnesota, Idaho, Colorado, Wyoming, Illinois, Washington, Utah and Tennessee) allow […]
When you work for a mainstream corporation or even a small, local business, chances are, you have acquired sick days that protect you from losing wages and job stability over ailments in the future. Unfortunately, individuals who are self-employed do not have the ability to take sick days at all. This is why it is […]
Tow behind campers and motor homes have specific insurance requirements. A tow behind camper is partially protected by a car insurance policy and partially protected by a homeowner policy. For complete coverage one would need to take out a separate policy for the camper. Normally, a motor home is not covered by preexisting policies, and […]