Home Insurance

You’d have to be literally living under a rock to have never heard of insurance. It’s everywhere — home insurance, car insurance, life insurance, health insurance. You can’t really exist in modern society without at least being aware of insurance. However, if you’ve never had to research or buy your own insurance policy before, you might […]

A common financial question we see asked is related to prepaid insurance. Specifically, is prepaid insurance an asset? But maybe that’s getting ahead of ourselves a bit. Let’s start with the basics before addressing that question. Prepaid insurance is exactly what it sounds like – insurance that’s been prepaid. Individuals generally don’t need to worry […]

Owning a home can be an overwhelming process. On top of the mortgage payments, there are a ton of other oft forgotten costs. One of these extra expenses is homeowner’s insurance. Trying to navigate the house insurance world can deter some potential homeowners from buying their place. However, if you simply do a little bit […]

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 […]