Last week we looked at how you, the buyer and homeowner, impact your home insurance rate. The second broad category impacting your home insurance premium is your home itself. There are several factors and none of them include your home’s purchase price, what you could sell it for, nor what the local appraisal district sets the value at. Let’s look at what does count.
At the end of each year, there are several articles and blog posts published on end of year financial planning and moves to make. Some are written to address end of year tax moves you can take now, while others address items to rebalance your portfolio better, open an IRA, and improve your financial position now and in 2017.
Earlier this year, the Department of Labor released a ruling subjecting all financial advisors who provide investment advice for retirement accounts to meet a fiduciary standard. What has been interesting to watch are the reactions from both the insurance industry and those in the investment broker and advisor community.
In August a slow moving unnamed storm system settled over Louisiana dumping up to 31.39 inches of rain over 72 hours resulting in a 1,000 year rain. Massive flooding occurred affecting 188,729 homes and 507,495 people, of which 60,000 were damaged by flood waters. It’s estimated that 78% of the homes damaged by flood waters did not have flood insurance.
3 major hail storms have rocked the Dallas / Fort Worth area over the last 6 weeks. Most of the attention has been on the damage to roofs, but our cars, trucks, and SUVs have taken a beating too! I thought this would be an appropriate time to look at car insurance and hail claims. We’ll examine what coverage applies, determining whether or not to file a claim, options if your car is totaled. I’ll also touch on one important thing to ask when talking with claim adjusters!
March is here and that signals the arrival of the home buying season. It also means it’s time for me to take a revisit home insurance. Beginning with this post, I’ll outline the coverage found on a typical Texas home insurance policy before drilling down into the different areas of a home policy. The goal is to help new home buyers know what to look for when shopping for home insurance, as well has raise questions to consider they may not have thought of.
There are several changes coming to Texas health insurance in the coming months. The Dallas Morning News has reported several in the works in two recent articles; one involves the loss of an individual plan option and the other addresses requested rate increases. The changes will impact people with individual policies the most.
How many deductibles does your Texas car insurance policy have? That depends on the coverage you selected when you purchased your policy. There are up to three deductible types available on most Texas policies including comprehensive, collision, and uninsured motorist. Before outlining each one, let’s first examine what a deductible is.
Why does anyone who rent’s an apartment condo, or single family home need renters insurance? Aside from many apartment complexes or landlords requiring it, renters insurance protects the renter from financial loss when something happens such as a fire, water leak, or theft.
Every so often, I’m asked to write a guest post or provide source material for a blog post that is insurance related. Here’s the link
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