By requiring your tenants to obtain Renters Insurance, you are also protecting YOUR assets and theirs. Investment properties may be insured for the only purchase price or less. What if the tenant causes a fire and burns down the entire…
What is going on with the Adirondack Insurance Homeowners Insurance, Mortgage Requirements, New York, Demotech, Financial Stability Rating Adirondack Insurance Exchange (Adirondack), a New York-based provider of homeowners insurance, recently faced a setback when Demotech, an insurance rating agency, withdrew…
Adirondack Insurance Exchange in New York recently faced a setback when Demotech withdrew its financial stability rating. This news is vital for homeowners in New York with mortgages, as some lenders require insurance from companies with a minimum financial stability…
Winter is a season filled with picturesque snowscapes and cozy moments by the fireplace. But it’s also a time when homeowners face unique challenges that can lead to unexpected insurance claims. We’ve put together a fun and informative blog post…
Buying a home is an exciting time, but it also comes with responsibilities, like getting home insurance. Home insurance protects your home and belongings in case of accidents or damages. However, if you buy the wrong insurance policy, you may…
The answer may surprise you! Most people think the amount you purchase/sell the home for should match the insurance replacement cost, but insurance companies actually go by rebuilding cost. This means the insurance company will provide a replacement cost based…
We know how important an insurance binder is when you are a mortgage broker setting a closing, we are here to make your life easier!
Topic today, Airbnb/VRBO insurance or Airbnb VRBO. Vacation rentals, home rentals, why is that policy any different than your regular homeowners insurance policy? Your typical homeowners policy across the entire United States covers your personal liability, your family’s personal liability…
Service line coverage is $10,000 of coverage for $25. PLEASE call, let us explain the reason for this add on. In the past, there was NO coverage for these items. There is no coverage unless we add this coverage enhancement…
There are many factors that go into rate changes, here are some of the most common: May not be what you want to hear, but general rate increases to happen! Insurance companies have to keep up with inflation, cost of…
