State laws do not require you to have homeowner's insurance if you own a home, as they require you to have car insurance if you own a car. If you have a mortgage, your lender will require you to have homeowner's insurance. However, if your house is paid off, no one will be demanding that you have coverage. That doesn't mean you should drop your coverage just because your mortgage is paid off or you were able to purchase a home with cash. [Read More]
Top Things to Know When Getting Home Insurance
Before you are able to actually close on a house you are usually required to have homeowner's insurance. Buying a house is such a costly investment and without adequate insurance, there's a good chance that you won't be able to afford the cost of repairing many of the damages that will almost inevitably occur the longer you remain in your home. However, taking out a homeowner's insurance policy must be done with a certain amount of finesse. [Read More]
Tips for Quickly Replacing a Lapsed Auto Insurance Policy
There are a few types of financial protection that are more important and effective than auto insurance. Sadly, there can be instances where a person's insurance policy may have lapsed. If this is currently the case for you, there are steps to take that will limit the liabilities that you may face. Act Quickly To Purchase A New Insurance Policy Driving an automobile without an insurance policy can be an extremely risky thing to do. [Read More]
How Can You Reduce Your Auto Insurance Rates?
Most folks who are paying for auto insurance would like to find some ways to get their rates down. If you're looking to save a buck, here are 5 ways you may be able to get a better deal on car insurance. Understand the Role of Deductibles One of the biggest factors in setting an auto insurance premium is the deductible. This is the portion of any repair or replacement costs you'd have to pay out of pock if anything happened to your vehicle. [Read More]