Real Estate Investing in MA & NC

Finally, the NC Department of Insurance has decided to take on the mounting financial problem facing North Carolina's Beach Plan.  A second major carrier has withdrawn from the home insurance market and more are getting ready to follow.  Our newly appointed, er, elected commissioner, Wayne Goodwy...

Here' an update about North Carolina Auto Insurance rates.  The NC Rate Bureau has approved an 11% rate increase effective January 1st, 2009.  When your auto policy renews next year you will notice an increase in the rate unless you are with one of the few carriers that deviated from the rate (Al...

This week, TWO FORTUNE 100 INSURANCE COMPANIES are out looking for capital to shore up their books.  Both companies suffered losses in their investment portfolios and now need cash infusions to remain solvent.  This is a pretty scary situation given that insurance companies are supposed to be the...

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 Li...

More than 100 teens representing Mary E. Phillips, Enloe and Apex High Schools joined together for an Allstate Foundation Keep the Drive Summit and Rally on Tuesday, October 14, 2008. Keep the Drive Raleigh is a teen-to-teen movement to help students change the way they think and act in a car. It...

Have you ever seen the series 'Planet in Peril' on CNN?  Well, we've got our very own perilous situation right here in North Carolina.  Our insurer of last resort along the coast, 'The Beach Plan' is in trouble.  A new independent study performed by The Property & Casualty Insurers Association of...

Finally, a mainstream news article that tells it like it is about buying insurance.  Although the article is written specifically for purchasing auto insurance, you can quite easily translate the advice into home insurance buying or any kind of insurance purchase for that matter.  The two most im...

The National Highway Traffic Safety Administration announced that there were 493 fewer DUI related driving fatalaties in 2007 compared to 2006.  That amounts to a 3.7% drop nationwide.  37 states had declines in DUI deaths. Hidden in the details were some disturbing figures for North Carolinians...

In September, Farmers Insurance will no longer issue new homeowners insurance policies in North Carolina.  Then in November, Farmers will begin non-renewing their ENTIRE homeowners book in the state, month by month.  This is not necessarily good news for insurance consumers.  One less carrier mea...

Many homeowners become landlords at some point in their real estate ownership careers. When they do, they often overlook a critical step: To replace their homeowner's insurance policy with a landlord insurance policy. A homeowners insurance policy does not provide the same kind of protection that...