A client’s son called me a few weeks ago. He’d was buying and wanted to discuss what the car insurance would cost for it. The car is an early 2000 Subaru WRX that had been nicely customized with a new suspension system, engine modifications, and wheels. The car insurance issue this raised was how to address the value of a car that’s 10 to 15 years old and had $15,000 worth of customization done in the last couple of years.
I have received several emails and calls over the last few weeks about home insurance for a duplex, so I thought this would be an excellent time to revisit this. Insuring a duplex can be the same as writing a home insurance policy for a single family home and it can be very different.
There’s an old saying, “If it walks like a duck and quacks like a duck, then it’s a duck.” That isn’t always the case when it comes to a town house. From an insurance standpoint, sometimes a town house is a house and other times it’s a condo. It really depends on the homeowners association and their insurance policy.
I was talking with a client about their upcoming renewal earlier this week, specifically his family’s car insurance. He let me know he’d received a speeding ticket in Dallas going to work last month and wanted to know what the impact would be on his car insurance which is set to renew next month. Will it go up, and if so how much?
A colleague called me a couple of weeks ago. She’d been asked to provide a home insurance quote for a prospective client whose policy was being cancelled. The reason it was being cancelled is the insurance company discovered the home has a roof with three layers of shingles when it conducted the home inspection
August is here and it’s hot! The forecast for the next week, and probably the rest of the month, is 100 + degree days and no rain. It makes me miss the rain we had in May that erased the drought conditions we’d experienced the past three years. August, however, usually means little to no rain and with the clay content of our soil, it’s time to review foundation care.
The Dallas Morning News recently published an article which stated most Americans are not saving for elder care. The article listed several interesting statistics and common misconceptions worth reviewing, and which should serve as motivation for all adults to develop and include in a financial action plan.
Imagine you’re driving down Interstate 35 at 70 miles per hour just outside of Dallas when your car begins to spray wiper fluid continuously on your windshield while the windshield wipers are flailing madly away. Or your stereo starts blaring a local radio station and you’re unable to turn down the volume, change stations, or turn it off. Maybe your air conditioner turns on at full blast but you didn’t touch anything, or you start slowing down and you’re unable to accelerate even when the pedal’s floored.
No one wants to pay more for their Texas home insurance than they have to. What people want is to pay a fair price for their home insurance without being over or under insured. With that in mind, here are 13 ways you can save on your Texas home insurance.
College is a wonderful and sometimes slightly scary time for most parents. Their son or daughter is spreading their wings, stepping out on their own, and beginning to prepare for life as an adult while they figure what their future holds. It is also a time when a son or daughter begins to make decisions for themselves, some of which have adult level consequences.
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