Housing

The 3 Best Delaware Homeowners Insurance Companies

Delaware’s location along the Eastern Seaboard increases the likelihood of damage from hurricanes and flooding. Despite these risks, Delaware residents pay among the lowest homeowners insurance rates in the country. The average annual premium in 2012 was just $678, compared to the U.S. average of $1,034 that year. Although price is not much of a concern to …

Categories: Housing, Insurance

The 3 Best Rhode Island Homeowners Insurance Companies

Rhode Island is the second most high-risk state in the country for natural disasters, according to a study conducted by Providence Business News. From hurricanes to blizzards, Rhode Island homeowners experience it all — and at a very close proximity to the coastline. It’s no surprise, therefore, that this small state has some pretty big homeowners …

Categories: Housing, Insurance

The 3 Best Louisiana Homeowners Insurance Companies

In the decade since Hurricane Katrina left Louisiana homeowners devastated in its wake, the state has been focusing on rebuilding “smarter, safer, and stronger” than before. The state’s coastal location, history of extreme weather, and higher than average crime rate, however, has left sky-high premium rates for Louisiana homeowners insurance. In 2012, the average annual …

Categories: Housing, Insurance

The 3 Best New Hampshire Homeowners Insurance Companies

Known for pastoral college towns and its iconic “Live Free or Die” mentality, it’s no wonder New Hampshire is a popular location for homeowners. Lucky for residents of the Granite State, homeowners insurance premiums are lower than average (though, admittedly, not free) — in 2012, the average annual premium was just $848, compared to the national …

Categories: Housing, Insurance

The 4 Best North Carolina Homeowners Insurance Companies

Unlike some of its neighbors, North Carolina has been blessed with mostly mild weather and, as a result, relatively low homeowners insurance premiums. The average North Carolina home costs about $927 to insure annually — about $100 less than the national average of $1,034. Don’t let these numbers fool you, however: Insurance prices vary greatly …

Categories: Housing, Insurance

The 3 Best Missouri Homeowners Insurance Companies

Missouri’s extreme weather — from summer thunderstorms and tornadoes to heavy winter snowfall — makes finding affordable coverage in the state a Herculean task. In 2012, the average homeowners insurance premium in the Show-Me State was $1,091, just over the national average for that year. Hope is not lost, however. There are things you can …

Categories: Housing, Insurance

The 4 Best Alabama Homeowners Insurance Companies

From hurricanes to tornadoes, Alabama homeowners have faced their fair share of natural disasters. It’s not surprising, therefore, that the average annual premium in the Heart of Dixie is more than $200 higher than the national average. That being said, high premium costs don’t always equal adequate coverage. As a homeowner, it is important to protect …

Categories: Housing, Insurance

The 3 Best Wisconsin Homeowners Insurance Companies

In addition to cheese and beer, residents of the Badger State can also enjoy some of the lowest homeowners insurance premium rates in the country. In 2012, the average resident in Wisconsin paid just $631 — $400 less than the national average annual premium rate that year. With rates so low, it’s important to choose …

Categories: Housing, Insurance

I’ve Got House Envy, But Is Remodeling Worth the Cost?

Just like many homes built in the 1980s, ours has two separate living rooms and a floor plan that is far from “open concept.” But ever since we purchased this home in late 2013, it’s never really bothered us. For each thing I don’t love about this house, there are a million things I adore. …

If You Want Different Results, You Have to Try Different Approaches

Albert Einstein is widely credited with saying, “The definition of insanity is doing the same thing over and over again, but expecting different results.” While I don’t view that choice as insane, I do see it as a common trap that most of us fall into during our lives. Why? We’re humans. Human beings are …

The 4 Best Washington Homeowners Insurance Companies

The state of Washington claims five of the eight U.S. cities with the lowest risk of natural disasters, according to the New York Times (though the area isn’t immune to the threat of earthquakes or even volcanic eruptions). The Evergreen State’s temperate Pacific-Northwest climate is also accompanied by attractively low homeowners insurance rates. Washington state’s average annual premium for 2014 was …

Categories: Housing, Insurance

The 4 Best Virginia Homeowners Insurance Companies

The state motto “Virginia is for lovers” isn’t about the commonwealth’s affinity for low home insurance premiums, but it could be. The average annual rate for homeowners insurance in Virginia is roughly $200 less than the national average. Plus, with new developments popping up and an influx of new residents from colder climates and neighboring Washington, D.C., Virginia …

Categories: Housing, Insurance

Why Choose to Be a Prisoner to an Expensive Home?

When Elle Décor ran the essay, “I Made a Huge Sacrifice to Buy My Dream Home” by Sarah Scott a few weeks ago, they couldn’t have anticipated the firestorm that followed. Where many people sacrifice financially to buy a home, and especially their dream home, Scott’s apparent sacrifice ran much deeper – so deep, in …

Is Financing Furniture With a Store Credit Card Ever a Good Idea?

For many Americans, summertime means big transitions: new jobs, new cities, and often even new homes. And as just about any homebuyer can attest, a mortgage is often just the beginning in a series of sizeable new bills. You may need to make some immediate repairs, or you may need to buy new furniture or …

The 3 Best Minnesota Homeowners Insurance Companies

Minnesota’s northern location in the Upper Midwest creates conditions for extreme seasons — and an increased risk of damage for homeowners. Hot summers and snowy winters have led the state to experience one of the largest hikes in homeowners insurance premiums, with the average rate in the state hovering above $1,100 a year. When shopping for …

Categories: Housing, Insurance

The 4 Best Pennsylvania Homeowners Insurance Companies

Despite unpredictable mid-Atlantic weather and some pockets of very high home values, Pennsylvanians pay surprisingly low homeowners insurance premiums on average. In fact, Keystone state homeowners saw one of the largest drops in average quotes in the last quarter, with the current average being just $804–significantly lower than the $1,034 national average. Though this may sound …

Categories: Housing, Insurance

How Bank ‘Buffers’ Can Make or Break Your Mortgage Application

By Peter Miller If you’ve got your mortgage application figured down to the penny, you may want to haul out the old calculator one more time. Lenders may not be playing with the same set of rules potential borrowers hear so much about. To understand what’s going on we need to add a new term …

Categories: Housing, Loans

The 4 Best Georgia Homeowners Insurance Companies

Annual homeowners insurance premium rates in Georgia are nowhere near as astronomically high as those facing its neighbor to the south — at $975 per year, the state’s average annual premiums are slightly lower than the national average. However, certain areas of the Peach State experience higher turbulence in weather than others. Georgia’s coastal cities, …

Categories: Housing, Insurance

The 4 Best Arizona Homeowners Insurance Companies

Fortunately for residents of the Grand Canyon State, the risk of a natural disaster is low, resulting in some of the lowest homeowners insurance rates in the country. In 2012, the average annual Arizona homeowners insurance premium was just $691 — more than $300 below the national average of $1,034. The dry climate does create opportunities for rare-but-possible …

Categories: Housing, Insurance

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