Since 2006, four Texas housing markets, as well as one in Colorado, have seen prices skyrocket. Austin, Denver, San Antonio, Houston and Dallas-Fort Worth have all led the United States in housing increases. Austin home prices have gone up over 60% since 2006, leading the entire United States housing markets, with Dallas- Fort Worth not far behind hitting just over a 50% increase. While these four Texas areas, plus the lone Colorado, have skyrocketed. Around the United States prices have just risen 2%
The Western United States, specifically California, are known for their natural wildfires and are often faced with dealing with them and the aftermath from these burning beasts. This most recent round of fires, taking place in Northern California and starting back in early October, are still currently being worked on and continue to be kept contained, nearly 2,300 firefighters still work on them. Early data estimated that the amount of damage would be around 1-3 billions dollars, the full impact and power of
Crowdfunding can work wonders for those looking to bring out a product to the market or change someone’s life for the better. It was only a matter of time before one could crowdfund the down payment of their home. That time has now arrived with the arrival of HomeFundMe. Launched by CMG Financial, a mortgage lender, the service is the first of its kind. It allows borrowers to crowd fund the down payment on a home purchase without fees and with the backing of
Every once in awhile, you hear a story about someone taking drastic measures to make money off of their insurance policy. It is a classic form of fraud that is very hard to get away with, especially in today’s world. Insurance companies hire investigators to analyze each claim and report any signs of fraud. Simply put, it is not an easy scam to get away with. Earlier this month in Wayland New York, there was a case of attempted insurance fraud that was
Over Labor Day weekend, a fire started near Eagle Creek in the Columbia River Gorge, just a few hours north of Portland, Oregon. The fire was apparently started by a teenager who was lighting fireworks on a popular hiking trail. Due to dry conditions and heavy winds, the fire started to spread very quickly, and it continues to spread days later. Now, the issue has become so serious that authorities are requiring those who live in the gorge to evacuate their homes and
If you recently bought a home in or around the city of Chicago, you are probably in the process of getting it insured. This can be a challenging process, especially for people who live in Illinois, where the weather is unpredictable and sometimes brutal. It can be difficult knowing exactly what kind of coverage you need. And, the more coverage you have, the higher you will have to pay for premiums. But, did you know there are ways to get discounts on home
With all the terrible news coming out of Houston, Texas concerning Hurricane Harvey, people all over the country are seeing the severe damage that a storm of that magnitude can have on the lives of regular people. Now, there is a new hurricane approaching Florida, and residents are doing everything they can to prepare. This one is called Hurricane Irma, and it is expected to be one of the worst in history. So, how can you prepare for such an extreme natural disaster?
If you have a son or daughter that is getting ready to leave for college, then you probably have a million worries on your mind. You are concerned about them living on their own for the first time and you are sad that you will not get to see them every day anymore. This is all very normal. One thing that might not have crossed your mind yet is insurance. Will your son or daughter be covered under your homeowner’s insurance policy when
Depending on where you live and your particular lifestyle, paying for insurance can be a financial pain. If you get into a car accident or a tree in your backyard falls into your neighbor’s house, your monthly premiums will go up and you will be stuck with even more financial stress. That is why you must do everything you can to make sure you are getting the best deal possible on your insurance policies. Sometimes, getting discounts on insurance is easier than you
If you are a homeowner, you probably already know the importance of a solid home insurance policy. Without one, you are at risk of paying loads of money out of your own pocket. You truly never know what is going to happen and it is always better to be safe than sorry. That is why it is important to periodically review your policy and make sure you are getting the coverage you need. But what kind of coverage is the most important? Well,
Summer is coming to an end here in Chicago and it is time to get ready for winter. We all know what the winters can be like in Illinois: intense blizzards, long rain storms, harsh winds, etc. Many residents are currently winterizing their homes to get ready for the eight month stretch of harsh conditions. But, keeping your home warm is not the only measure you should take to get ready for winter. You should also take a long look at your home
The location of your house will play a big role when buying insurance for it. Certain climates are riskier than others, and your insurance company will definitely figure that into your policy. If you own a house near a body of water, such as an ocean or lake, you may be paying more for home insurance. The main reason that homes near a body of water cost more to insure is the risk of flooding. Homes near the ocean or large lakes are
After getting married, people usually buy homes so they can settle down and start a family. There is a rumor going around that married couples pay less for home insurance. Is this myth or fact? Does the “married lifestyle” appear to be “less risky” in the eyes of the insurance company. Based on what we know about all types of insurance, the cost of premiums is based on a wide variety of factors. So, it is not surprising that an insurance broker would
A man’s best friend is not always an insurance agent’s best friend. If you are buying a homeowner’s insurance policy, one question that will undoubtedly come up is whether or not you have a dog. More than any other pet, owning a dog will cause you to pay more on your home insurance policy. Did you know that the average dog bite costs $30,000 to treat at a hospital? Dog bites also make up one-third of all home insurance liability claims. For this
Buying a home is a huge financial decision. Buying home insurance can be very expensive as well. That is why you should take advantage of every discount opportunity available. Most people miss out on saving money with easy discounts because they do not do ask their insurer the right questions or do their own research. Here are a few easy ways to receive discounts on your homeowner’s insurance policy: One way to get a discount on home insurance is simply by making your
If you recently purchased or are about to purchase a homeowner’s insurance policy, there is one thing you must do before anything else: read the fine print. There is nothing worse than something bad happening to your home or your belongings and then finding out that your homeowner’s insurance policy doesn’t cover it. Most people make the mistake of believing their policy covers all types of natural disasters. But they are wrong. Most standard homeowner’s insurance policies will only apply to certain situations.
While the type of coverage will depend on the policy you end up going with, you will always be given similar options concerning the amount of coverage you get. When you make a claim, your insurance agent will present three options to you on how to move forward. The option you go with will depend on what your deductible is and the details of the claim. There is Cash Value Coverage, also known as Market Value Coverage, which helps cover the cost of
If you are getting ready to buy a home in or around the city of Chicago, you should know how homeowner’s insurance works. It is an essential part of purchasing a home because you never know what is going to happen. All your most important belongings will be in your house, so you need a homeowner’s insurance policy that you can rely on. Before settling on a policy, here is a quick run-down of the different types of homeowner’s insurance. The most common
Depending on your location, age, credit, and many other factors, homeowner’ s insurance can be a huge financial burden. By understanding how homeowners insurance works, you will learn how to see the most benefit out of your policy. If your house is rained on heavily and you discover water damage in the basement, then tell your insurance agent immediately. Never wait to file a claim. Most insurance companies will only allow a 14-day window to report a problem. Keeping a record of all
The price of homeowner’s insurance is based on a variety of factors. If you feel like you are paying too much for your homeowner’s insurance policy, there are actions you can take to reduce your premiums. Installing a stronger system of protections and security into your home is one way to bring down your monthly rates. Having a working smoke detector will help bring down the cost. Also, by adding burglar alarms and deadbolts to the doors in your house, the price of
If your home is robbed by burglars or hit with a natural disaster like a fire, tornado, or flood, you will be happy you have a quality homeowners insurance policy. However, you should be aware that not even the best homeowners insurance policies protect everything in the house. There are certain personal items that insurance companies require a separate insurance policy for. The most obvious one is borrowed items. If you are using your neighbor’s lawnmower for the weekend and it is damaged
Your homeowners insurance policy is perhaps the most important coverage you will ever purchase. In the event of a natural disaster, you could potentially lose everything that is valuable to you. That is why it is so important to have solid protection. If you are currently searching for quality and inexpensive homeowners insurance, here are a few facts you may not already be aware of: If you have a good credit score, you are more likely to save money on Illinois homeowners insurance.