Mortgage Blog

The interest rate is about 0.25% higher than
Wednesday. And the interest rate is at 2011 levels.

I reviewed a few insurance coverages for my clients.
Here are some observations:

1)Some owners do not know the umbrella policies, though
they have a few properties, and they need the protection.

2)Liability coverage is not expensive, but some still
have low liability coverage on auto/home. I noticed
only 100k/300k for auto coverage a rich family. The
protection is not enough.

3)Some owners' policy never reviewed by themselves or the
agent. I found one policy with liability coverage
on the primary is $1million. That's too much, with another
umbrella on top of that. And the umbrella will not be triggered
at all if anything bad happen.

When the interest rate is high, I have lots of time now.
And I will be more than happy to review the insurance for
you guys, and you don't have to change carriers if you can
have the properties properly insured. Please email me
the dec pages(home/auto) if you want to.