Why Are Home Insurance Rates Rising?
Homeowners insurance is one of the most essential types of coverage acquired and maintained by Americans. Moreover, it may now be more important than ever, as claims costs continue to rise. Prospective and current policyholders should be aware of recent economic patterns and relevant industry trends to better understand changes in their coverage or costs….
4 Risks of Renting to Pet Owners
Although it’s common to see apartment listings with a “No Pets!” disclaimer, 72 percent of renters have one. For dog and cat owners, such restrictions can limit available living options. Yet for landlords and property owners, accommodating pets can be a complicated decision. You may rent a unit to someone who routinely cleans up after…
Why You Need Flood Insurance Outside of High-Risk Areas
Homeowners who live away from the shoreline might assume they don’t need to carry flood insurance, yet even low to moderate-risk areas can be exposed to heavy rain, snowmelt and spring thaw. These events can trigger flooding that causes a degree of property damage. If you’re far from the coast, this scenario can catch you…
How Snow Can Damage Your Roof
When it snows in New England, many homeowners are concerned about shoveling and deicing their driveways to prevent accidents. While the roof plays a very important role in the structure of a home, it’s often “out of sight, out of mind”. Yet forgetting about snow removal from the roof may result in ice dams, leaks…
What Every Condo Buyer Should Know
As prices for single-family homes continue to climb, buyers may be tempted to shift their focus to condominiums. While condos are an alternative form of homeownership, the process of purchasing and maintaining your investment differs in several ways. Learn what you should anticipate, so you’re not surprised when applying for a mortgage or with upkeep…
