Tag: insurance

As Hurricane Earl makes his way up the Atlantic coast, we have a tangible reminder to review our homeowners insurance policies for hurricane and tropical storm deductibles and exclusions. Hurricane insurance deductibles can have a dramatic affect on how an insurance company will compensate you in the event your house is damaged in a storm. All too many homeowners find out about these limitations for... 

Have you ever wondered what would happen if you just cancelled your homeowner’s insurance policy? Will the mortgage company let you cancel it? Will they buy coverage for you? Could you get a better deal that way? We recently switched our homeowner’s insurance from Allstate to Geico. During the switch there was some mix up with the paperwork going from Geico to Wells Fargo, the company that... 

We just saved a bunch of money by switching our car insurance to Geico! I’ve always wanted to say that But seriously, we did just switch all of our policies over to Geico from Allstate. We’ve been in the “good hands” for about 6 years. Turns out that those hands are also expensive. And they’re not as good as they used to be… I wrote last year about Allstate’s... 

Perpetual homeowner’s insurance is a rather rare insurance option most of us don’t ever consider for our homes. Unlike traditional home insurance that is paid annually–usually by a mortgage company out of an escrow account–perpetual home insurance requires a single up front payment and covers your property perpetually. When you don’t need the coverage anymore, your deposit...