Blog

If you’re like most Americans, you owe money toward a large loan. Whether that means carrying thousands of dollars in credit card debt, having a hefty mortgage in your name or making car loan payments each month, loan debt is part of your life. This means you’re looking at hundreds or thousands of dollars in interest payments over the life of the loan(s). There’s also the mental load of knowing you owe perhaps tens of thousands of dollars and that you’ll be paying back the loan for years to come.

Q: My mortgage lender is requiring me to take out a homeowners insurance policy before I close on a new home. What do I need to know about this process? 

Q: I’ve just signed a lease on a new apartment and I’m wondering if I should be taking out a renter’s insurance policy as well. What do I need to know?