With the total annual incurred losses for home insurance in the United States being well over $65 billion and the median single-family home price in Florida nearing $350,000, protecting your home in the Sunshine State is just as important as safeguarding your life and health. Prone to hurricanes, floods, and fire, Florida is unique in […]
Whether your condominium is located in the center of a major city or on the outskirts, it costs at least a few hundred thousand dollars – the average price of a condo in New York and Los Angeles can reach $1 million for that matter – and is likely insured. And just not insured! It […]
Dwelling coverage is arguably the most essential part of any homeowners insurance policy, as it covers not only the physical structure of your building but also the physical structure of the adjacent buildings or structures
Most owners of real estate do not buy houses instantly but rather mortgage them, splitting the total payment into monthly installments and providing the obligatory homeowners insurance to the lender to validate the mortgage contract.
With over $1.3 trillion paid in premiums annually, the ever-growing U.S. insurance industry is among the first to recover from the coronavirus pandemic, and not without a reason. The core insurance products – health, home, and auto insurance – are considered indispensable by the majority of Americans and are often compulsory. But what about extra […]
Modern Americans love renting houses and apartments much more than buying them, which is confirmed by the ever-decreasing rental vacancy rates. In 2021, only 25% of the rented property was vacant, a significant decrease from about 40% a decade ago. At the same time, finding an affordable rental has become increasingly challenging as not only […]
By Tabitha Richert Repairing your windows with replacement glass or an entire window replacement can be a great move if you’re looking to upgrade your energy efficiency, or can be a must if the windows have been damaged in an accident or weather event. But the reasons for the replacement and other details of the […]
By Celeste Stewart The pandemic is no doubt an exciting time for sellers. With high demand and everyone fighting over scarce inventory, it would seem like selling your home should be easy. However, there are some things you need to think about before putting up that “For Sale” sign. Here are three tips to help […]
The errors and omissions (E&O) insurance policy covered the professional’s financial liability.
Taking out professional liability insurance is not uncommon for businesses. And while it is only occasionally required, some choose to purchase it anyway. Why? This type of coverage can come in handy if anything goes wrong with a printing press, financial advice, organized event, or a recently sold real estate property. And while issues like […]