Insurance

Insurance are you covered?

September 10, 2012

Last week a dear friend and former neighbor of 20 years made the news, will really it was her house (that I’d sold her) it burned down. Everyone is okay and pictures and personal items with sentimental value can be saved but what about the house the actual structure? It’s totaled it will have to [...]

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Personal property replacement cost coverage and special personal property coverage basics

July 14, 2011

A standard homeowner’s policy covers personal property, but only on an actual cash-value basis and for only the perils named in the policy. Two coverages offered by some carriers can provide additional protection for your home and make it easier for you to recover from a loss. Not only do these coverages add key enhancements [...]

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HOW CAN I SAVE MONEY?

October 14, 2010

This is probably the most common question on everyone’s mind today.  We are living in a very trying economic time, one centered around financial uncertainty.  Everyone seems to be shouting from the roof tops that they have “the best price in town”, but what are you sacrificing to save money. The price you pay for [...]

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Title Insurance When Refinancing Your Loan

July 8, 2010

Lower interest rates have motivated you to refinance your home loan. The lower rate may save you a tremendous amount of money over the life of the loan, but you should also expect to pay the lender the typical closing costs associated with any new loan, including service fees, points, title insurance protection and other [...]

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Oklahoma City Spring Weather Can Harm Roofs!

May 15, 2010

It’s spring in Oklahoma City. Here comes the wind and hail damage on our roofs! I had an interesting question posed to me today by another Realtor. A home inspection revealed some roof damage. The Seller had scheduled his insurance adjustor to come inspect the roof for a possible claim. The Buyer’s insurance company sent [...]

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National Flood Insurance Program get temporary extension.

April 18, 2010

National Flood Insurance Program lapses are troubling to housing market: Temporary extension expires May 31 and could delay closings of deals on homes in designated floodplains, again. Nationwide Realtors’ stress levels fell considerably on Friday once they learned of the National  Flood Insurance Program’s reinstatement.  Although relief for Realtors, mortgage lenders and potential buyers and [...]

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Market Value vs. Replacement Cost

March 29, 2010

Homes all across the nation have been decreasing in value – in some areas up to 30% or 40% in the past 3 years! Meanwhile, the cost of labor and construction materials have increased dramatically due to increased global demand for lumber, steel and concrete. What does this mean for your insurance plan? With your [...]

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Stop Paying Too Much for Homeowner’s Insurance

March 15, 2010
homeownersinsurance

Homeowner’s insurance premiums can be expensive. While there are a number of premium price factors you can’t change, such as the size of your house and where it’s located, there are some ways you can lower your premium costs. In fact, according to the Insurance Information Institute, there are a number of ways you can [...]

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