Folks in the Northeast and Midwest are accustomed to serious cold, but the 2014 polar vortex threw even them a curve ball. The vortex dropped temperatures to minus 30 degrees Fahrenheit in parts of Minnesota and sent a deep chill into the South, where residents are unaccustomed to prolonged cold. Once the worst cold was over,… Read More
There has been a significant increase in a number of different types of fraud in the last several years, and experts in the insurance industry say that they have not been immune to the trend. The number of questionable insurance claims made over the course of 2012 was up 26.7 percent from the total observed two years earlier, according… Read More
Fannie Mae has just announced a new rule that is important to anyone who owns a condominium, townhome, or a unit in a Planned Unit Development (PUD). In the case of a single family detached residence, your basic insurance policy covers everything, but that’s not true in the case of a condos and similar properties.
If home values are really tanking where you live, you may be tempted to reduce the amount of coverage on your homeowner’s policy. Even when real estate was still going strong, you probably felt you were over-paying. And according to the Consumer Federation of America (CFA), you were!