Homeownership comes with more responsibility than living with your parents or renting from a landlord. However, most Americans look forward to buying their own home, one of the largest single purchases that they make in their lives.
In terms of financial responsibilities, many soon-to-be homeowners primarily focus on saving up for a down payment and monthly mortgage payments. Among the most overlooked financial considerations, particularly among first-time home buyers, are hidden costs.
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Realty Executives Phoenix Streamlines Insurance Shopping & Purchase with Bubble’s Turnkey Data/AI-Guided Insurtech Platform
Realty Executives Phoenix is excited to collaborate with Bubble Insurance to simplify the process of securing the right-fit home, auto, and life insurance for its customers. Through Bubble’s advanced, AI-driven guidance systems, prospective homeowners can easily shop, customize, and purchase right-fit coverage in a seamless, data-driven process from top-rated insurance companies, all at the most competitive rates.
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It is
no secret that homeowners insurance can be expensive. And it isn’t just because
the average American home is more expensive than ever. Insurance companies keep
raising their premiums to cover losses due to natural disasters, theft and
vandalism, weather damage, and accidents.
Additionally, other unexpected events like the COVID-19 pandemic have caused a surge in expenses. The good news is that there are several effective ways to lower your insurance premiums and protect yourself from these risks.
Read on to learn how to save money on homeowners insurance.
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Getting a home insurance policy is
essential when you are buying your dream home. However, just any homeowner’s
insurance policy is not enough; you need to have adequate coverage to
financially protect yourself against any unexpected circumstances.
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Homeowners insurance includes many myths and preconceived notions that can make the home buying process confusing and intimidating for first-timers. However, demystifying homeowners insurance may be easier than you think. Take these five common home insurance myths into consideration before buying your first home to help ensure a smooth process.
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