Home Insurance

Whenever tax time rolls around, a lot of people start asking “is homeowner’s insurance tax deductible?” The simple answer is no. In most cases, homeowner’s insurance is not tax deductible and is generally left off your tax return. On the other hand, many people actually are legally taking this tax deduction. In fact, you may […]

Do you ever wonder why insurance companies invent so many different names for essentially the same thing? Take H06 insurance, for example. It’s sometimes called walls-in coverage. Others just simply call it condo insurance. Whatever you call it, it’s all the same thing. An HO6 insurance policy is basically homeowner’s insurance for condo owners. Condo […]

When I tried to refinance my house last year, one of the first things the new lender wanted to see was a hazard insurance policy on my house. I was honestly surprised when they made that request. I knew about the need for homeowner’s insurance, of course. But what’s hazard insurance? Was it another expense […]

It’s been a year that’s felt like a chaos-ridden manifestation of the adage “when it rains, it pours.” Hopefully, stressing about your home insurance coverage will be the least of your worries. In fact, we could all use a little insurance here and there in our lives. If you’re unsure about your home insurance plan, […]