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 […]
Buying used cars – Tips you need to know
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 […]
Three types of insurance that everyone needs: Health, car, and renters insurance
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 […]
Renters Insurance Fully Demystified and Explained
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 […]
These 12 States Allow Older Homeowners to Defer Property Taxes – Reverse Mortgage Daily
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 […]
No Time Or Money For A Sickie When You’re Self-Employed
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 […]
Are Campers & RVs Covered By Car Or Homeowner’s Insurance?
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 […]
Do I Need Extra Insurance for My Drone?
If you have a personal drone you may need extra liability insurance. Some homeowner or renter insurance policies include damages caused by model or hobby aircraft and some specifically exclude such damages. If they are excluded, you may want to get additional liability insurance. You will need to register your drone with the FAA in […]
Do I need to pay taxes on a life insurance payout?
Whenever someone who held an active life insurance policy passes away, the person who is listed as the beneficiary is required to file a claim in order to receive the money associated with the late individual’s policy. Many people wonder if this income is required to be reported to the IRS during tax season. Fortunately, […]
FHA Home Loans – Things You Need To Know
Federal Housing Administration, or FHA loans are the best programs for those looking for loans with great terms but can’t afford a large down payment. Those with less than great credit can also benefit. Not all property is eligible for the loan. It must be used for single-family residences, a maximum amount of $314,827 or […]