Archive for July, 2013

Purchasing Homeowners Insurance Wisely

Cost of home insurance

If you are about to buy a new home, whether it is your first or your fifth, securing the right homeowners insurance is a necessary part of the process. Without home insurance, an unforeseen natural disaster or other incident can result in compounded costs that can severely limit your ability to keep pace with monthly mortgage payments.

With that in mind, when choosing a specific insurance plan it is absolutely imperative that you know what your coverage specifically entails, as well as how your home insurance costs are being allocated to ensure the continuance of that quality coverage.

According to, the average annual cost of home insurance nationwide in 2013 has ranged between $850 and $950. For most policies, the cost of home insurance factors in protection against theft, fire,

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