Tag: Insurance

Posted on 08/28/2022
How do you prepare for a home insurance inspection?
To obtain or keep a homeowners insurance policy, your home may need to have a home insurance inspection. Insurance companies use inspections to identify any liability issues with your property and determine the amount of risk associated with its condition or features. If you take some time to prepare, you might be able to identify some of these...
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Posted on 08/07/2022
A beginner's guide to homeowners insurance: How much will it cost?
If you’re a first-time homebuyer working on a budget for your future plans, you might be wondering about homeowners insurance - how much will it cost, anyway? Unfortunately, the answer can get complicated, as it depends on several factors. To help you budget for your first home, here is a quick guide to what goes in to determining...
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Posted on 04/17/2022
What is PITI? Understanding your financial situation
PITI, which is short for "principal, interest, taxes and insurance," is an essential term to know for anybody seeking a mortgage loan. The acronym refers to the relationship between these four numbers expressed in a ratio and can tell lenders about your financial status. Here is a breakdown of the term and why it matters to potential homeowners...
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Posted on 04/03/2022
Understanding additional living expenses
Every homeowners insurance policy includes a percentage of coverage for additional living expenses. If you’re temporarily displaced from your home because of damage, this coverage can help you pay for the additional everyday expenses until you’re able to move back in. But what exactly does additional living expense (ALE) coverage include? Here is a basic guide to the...
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