What to Look for When Buying Renters Insurance

By: Zoocasa Renters insurance is often looked past by most because it’s common to think that due to the fact that you don’t own the home, you are not responsible for anything that may happen to it. While it is true that as a renter you aren’t necessarily liable for damages done to the property

Read more %1$s

10 things that can lower or raise your homeowners insurance rates

Insurance companies get more skittish by the year, and they’re dropping homeowners. Don’t buy a home only to discover that some old leaky pipe may make your place too costly to insure. Admittedly, insurance doesn’t top the list of considerations in the hunt for a new home. It’s not as if buyers spend hours ogling

Read more %1$s

Graham Matthews says recent and significant changes in house insurance will have a big impact on homeowners

At the end of April the rules regulating how domestic home insurance policies are calculated changed. Previously, most policies were based on the size of the dwelling, but from the 28th of April, the policies of major home insurers changed, so that the sum insured is now based on how much the property would cost

Read more %1$s

5 Smart Ways to Save on Your Home Insurance

by Thomas Zuo Everyone loves saving money and when it comes insurance, it should be no different than any other purchase. Of course, insurance companies don’t usually have coupons you can clip from your Sunday newspaper so you’ll have to do a little more research and digging to make sure you’re finding all the discounts. Below

Read more %1$s

U.S. Cracks Down on ‘Forced’ Insurance

By ALAN ZIBEL And LESLIE SCISM WASHINGTON—A U.S. housing regulator is cracking down on a little-known practice that has hit millions of struggling borrowers with high-price homeowners’ insurance policies arranged by banks that benefit from the costly coverage. The Federal Housing Finance Agency, which regulates mortgage giants Fannie MaeFNMA -6.99% and Freddie Mac, FMCC -6.09%  plans

Read more %1$s

Insurance When Your Home’s a Piece of History

by Terry Sheridan …Historic-home insurance policies cost about 20% more than your standard homeowners insurance… Premiums also depend on your home’s location, including its proximity to a fire station, hydrants and water sources, and whether you’ve installed alarms or other systems that monitor for signs of trouble… Where do you find historic-home insurance? Contact your

Read more %1$s

Think Homeowners Insurance Protects You From Everything? Think Again

By Michele Lerner …Most insurance policies cover damage that’s of the once-in-a-blue-moon variety – like an airplane landing on your roof. Few, however, cover something experienced by thousands of homeowners every year: damage from flooding. The most common policy, an HO-3 (HO stands for “homeowners”), covers everything other than things specifically excluded. But the exclusions

Read more %1$s

Homeowners Insurance Usually Protects Against Meteorites

By Julie Campbell In the unlikely event that a meteor blast damages your home, most policies will cover it. …According to the Independent Insurance Agents & Brokers of America associate vice president of education and research, Bill Wilson, “Insurance companies love to cover things that are unlikely to happen.” He also added within his email

Read more %1$s

How Do You Buy a Home When You Already Own One?

SOURCE RealtyPin.com …Be prepared to answer some additional questions If you’re going to be paying two mortgages (even if it’s just for a couple of months), the lender on your new mortgage is going to want to make sure you can swing it before they sign off on everything. After all, you’re going to be

Read more %1$s

When one home-insurance policy isn’t enough

To get full coverage, many homeowners need at least four policies AnnaMaria Andriotis For the owners of some residences, one home-insurance policy just doesn’t cut it. To get full coverage on their home and the belongings in it, many homeowners with $1 million–plus properties have to sign up for at least four policies. Beyond basic

Read more %1$s