homeowners insurance: Should I lower the amount I insure my home for? - 04/15/09 04:19 AM
Since housing prices have dropped, I've been getting more and more inquiries from homeowners about whether they should lower the amount they insure their home for.  Great question.
The price that most homeowners see going down is the market value of their home.  The 'market' value of the home is really the value the house and land together can fetch if it were sold to a buyer on the open market.
On your insurance policy, your home is normally insured to its replacement cost.  This price is considered to be the amount it would cost to rebuild the home if it … (3 comments)

homeowners insurance: Ghosts and Goblins Aren't The Only Things to Think About on Halloween - 10/29/08 08:35 AM

Trick or treating is a time honored tradition each October 31. But before homeowners open their doors to the witches and superheroes that live on their block, they should consider taking precautions to make their property as safe as possible for potential trick-or-treaters.
Check your Outdoor Lighting: Make sure your property is adequately lit before trick-or-treaters arrive. Inspect Your Property: Make sure the path to your door is safe. Look for cracks in the sidewalk and loose stair railings. Remove any obstacles that can lead to a trip or fall. Watch the Decorations: Make sure Halloween decorations are not obscuring … (0 comments)