Disaster Damage

Disaster Damage

Homeowners should contact their insurance carrier as soon as possible to begin the claims process; however standard homeowner policies do not cover flood damage. FEMA provides housing assistance for qualifying disaster victims. Homeowners within a designated federal...
Disaster Damage

Insurance Requirement

A paid homeowner’s insurance policy (or a paid receipt for one) is required at closing, so arrangements will have to be made prior to that day. Plus, involving the insurance agent early in the home buying process can save you money. Insurance agents are a great...
Disaster Damage

Flood Plain

If you live in a flood plain, the lender will require that you have flood insurance before lending any money to you. But if you live near a flood plain, you may choose whether or not to get flood insurance coverage for your home. Work with an insurance agent to...
Disaster Damage

Private Mortgage Insurance

Private Mortgage Insurance or Insurer(PMI). These are privately-owned companies that provide mortgage insurance. They offer both standard and special affordable programs for borrowers. These companies provide guidelines to lenders that detail the types of loans they...
Disaster Damage

Contractor Insurance

Be sure your contractor has the required personal liability, property damage and worker’s compensation insurance for his/her workers and subcontractors. Check with your insurance company to find out if you are covered for any injury or damage that might...