Holes in Homeowners Insurance Policies

March 24, 2013April 21, 2014 Guest Author

Homeowners insurance is something that every owner has to have. Your home might be your biggest asset and is probably the biggest purchase you will ever make, so it would stand to reason that you would want to protect it from unforeseen events that might harm it causing expensive damage. And you’re not the only one who wants to protect your home, at least while it’s still partially owned by the bank. While you are paying off your mortgage, you are also required to have homeowners insurance to protect the…

Floods this summer could break records

July 10, 2011July 10, 2011 Marc

Forecasters have predicted that this summer could be accompanied by the worst flooding the United States has seen in its history, as rivers continue to run higher than flood levels and the soil is still saturated from the spring’s rising waters. The last record-breaking floods were in 1993, when $25 billion in damages occurred between the months of April and August within nine states. According to the National Weather Service, this year, the water levels haven’t receded much and the soil remains soaked so that it would take only a…