TessMore Finance Blog

Let’s cut right to the chase – the average cost of homeowners insurance nationwide is $1,249 per year (see table under “Your State of Residence” below). But that’s just the average – you may pay more or less. Insurance companies consider several factors when determining insurance premiums: where you live, the type of home and its value, the coverage options you choose, etc. It means that the average cost of homeowners insurance will be slightly different for every homeowner. In this guide, we’ll explain the various factors that will impact your cost of homeowners insurance. Table of Contents What Does Homeowners Insurance Cover? What Does Homeowners Insurance Not Cover Is Homeowners Insurance Required? Homeowners Insurance Policy Provisions Optional Homeowners Insurance Provisions How Homeowners Insurance Premiums are Determined Your State of Residence The Specific Location of the Home The Characteristics of the Property The Value of Your Home The Deductible The C...

There have always been long-standing rules about real estate ownership, including the three most important ones: location, location, location. But the one constant about real estate investing is that nothing ever stays the same. Even the location rule, because preferred locations change from year to year, and certainly from generation to generation. The first two years of the life saw the real estate market bend strongly in the seller’s direction, as available properties were few and interested buyers were plentiful. There is some belief that, in 2022, more real estate will become available as Millennials make long-term decisions about their homes that they deferred during the pandemic. As we approach 2022, it’s time to consider what the experts expect from the real estate market in the new year. 2021 Trends We’ll Be Up Against First, a little background. Since the arrival of the coronavirus, the real estate market influence has leaned heavily toward the seller and sometimes peop...

Some of the links in this post are from our sponsors. We provide you with accurate, reliable information. Learn more about how we make money and select our advertising partners . Do you remember why you chose your current checking account? If you got started early, your parents might have helped you open a kids’ checking or savings account at their bank’s branch. Or maybe you went with the credit union down the street from your work after getting your first W2 job. Whatever the reason, location likely played a big part. Thankfully, you’re no longer confined to a financial institution for a checking account because of its proximity to you — or a brick-and-mortar site altogether, for that matter. From higher interest rates to better benefits, it pays to expand your search beyond your local bank or credit union these days. Here’s how to choose the right checking account for you. 10 Best Checking Accounts for January 2022 Account Rewards ATM Access Fees Chime Spend...