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2020 has been bad. But not the worst.

Let’s hope that no one looks back at 2020 and thinks: Those were the good old days. That implies there are going to be worse days.
Still, as bad as 2020 has been, there were countless really bad years in recorded history. There have been so many bad years, how do we really choose? If we choose death as a yardstick, we really should narrow that down. Do you want death by war, disease, bad policy, starvation, drought, or what? Or maybe we choose sheer brutality. Tons of choices there. Or, how about choices that seemed okay at the time, but had long-lasting terrible ramifications? Maybe, natural disasters?
Here are four really bad years plucked out of history for their general awfulness:

  • Disease and Natural Disaster Award: 1300s. In 1315, Europe’s warm period of prosperity ended with a bang. Possibly because of volcanic activity, winters became brutal and summers cold and rainy. Crops failed. About 80 percent of animals died of infections. Famine took hold. Life expectancy was about 29 years. Cannibalism, infanticide, and mass starvation were characteristics of a 60-year period in that century. As for disease, 1348 was a banner year. The terrifying black death visited not just on struggling Europe, but also the world. In 18 months, up to 200 million people worldwide died. Bodies were unburied in the streets where animals tore them apart. Survivors lived in fear, stench, and desperation with no understanding of the Plague and no way to fight it.
  • Political Chaos, Disease, Social Unrest Award: 1919. In the economy, inflation and unemployment skyrocketed after World War I. Influenza killed 500,000 Americans. The bloody summer of 1919 was filled with race riots, with 500 wounded and 38 dead in five days of violence in Chicago. Across the country, 76 black Americans were lynched. A million workers went on strike, affecting the steel and coal industries, and even the Boston police force. Bombs were mailed to federal officials and fear gripped the nation.
  • Dashing of Hope Award: 1968. Mass demonstrations for civil rights both buoyed and frightened Americans. A sense of positive change was in the air. But the worst moments were yet to come: The assassinations of Martin Luther King, Jr., and Robert Kennedy. The riots at the Democratic National Convention in August shook the nation.
  • Cruelty Award: 1943. In Germany, systematic deportation of Jews to extermination camps was well underway. Everyone knew about it. No one stopped it. In the U.S., 240 instances of interracial battles in cities and military bases terrorized communities. But, according to historian Matt Delmont, public awareness of atrocities did not prevent them from continuing.

3 Reasons You Need Renter’s Insurance

As a renter in Cypress, TX, you’re not responsible for protecting your dwelling against damage or loss due to a catastrophe. You are, however, responsible for protecting your belongings and safeguarding your assets against liability claims due to accidents that may occur on your property. Renter’s insurance from InsureUS can provide this protection and more. Here are a few good reasons to purchase a renter’s insurance policy.

Protection for Valuables

Like most people, you’ve probably accrued quite a few items over the years, i.e. designer clothes, sports gear, electronics, etc. If these goods were stolen or destroyed by fire, would you have the funds to replace them out of pocket? Renter’s property insurance protects your goods against theft, damage, or total loss from a major disaster. Actual cash value coverage covers the cost of your goods, minus depreciation. Replacement cost coverage provides you with the funds to replace your goods outright, after subtracting your deductible. Renter’s property insurance in Cypress, TX is an affordable, practical way to protect your valuables.

Protection Against Accidents

Renter’s liability insurance is designed to protect you against accidents on your rental property. If a guest slips in your driveway or falls down your stairs after one too many drinks, you can be held responsible for paying his or her medical costs. Liability insurance covers the cost of accidental injuries in your rental home so you don’t suffer financial loss. With liability coverage, you can host festive occasions with confidence knowing you’re protected against mishaps on your property.   

Compensation for Living Expenses

If your rental home is damaged by fire or gets waterlogged in a storm, you may have to move out temporarily until repairs are made. Additional living expenses insurance helps cover your living expenses elsewhere to include hotel, food, transport, etc. until you can move back home. To quality renter’s coverage at reasonable costs, contact InsureUS today.

Does a 15-year mortgage cost twice as much per month as a 30-year loan?

Paying a loan in half the time does NOT mean making double payments. In fact, many homeowners are surprised at how little they need to pay on a shorter length loan.
For decades, the 30-year mortgage was the standard when it came to financing a home purchase. But, in recent years, the 15-year, fixed-rate mortgage has become popular for a couple of reasons.
One advantage of the 15-year fixed is that a shorter term can mean lower rates. Today’s interest rates are historically low at around 3.9% to 4.5%, so they aren’t the make-or-break issue they were, say, in the 1980s when the interest rate could easily top 12%. But interest rates count.
Another advantage isn’t as easy to see. On a 30-year $100,000 loan financed at 3.9%, the payment would be a very affordable $473. On a 15-year loan, the payment rises to $736, still likely affordable.
So, why not just take the lower payment for 30 years? Because nestled within that lower payment, is a big stack of money. On that $100,000 loan over 30 years, you pay nearly $70,000 in interest. That’s real money. On the 15-year note, you pay less than half of that: about $32,000.
The question for the buyer is whether to shop around for a lower-priced property overall (in order to make the 15-year numbers work), or buy something more expensive with features that make the 30-year mortgage more attractive.

Coronavirus and investments: Don’t worry, be happy

So the stock market tanked in historic drops in February on news of the coronavirus Covid-19. It also recovered in an historic one-day recovery.
Dizzy yet?
Investment experts at Market Watch say ignore the headlines.
The market will go up and down during the virus crisis, but no experts think it will stay down.

Long-term investors need not worry
Those with a 401(K) or IRA are probably still doing well compared to the same time last year or even the year before. If you have some time before retirement, take a deep breath. You made a lot of money in the last three years, and you are probably still ahead.

Don’t let bad news make you sell good stocks
Headline risk. That’s what stock advisers call short-term bad news that panics some investors into selling.
Don’t panic.
Apple, for example, was selling for around $146 in 2018 but soared to more than $330 before the virus crisis. During the crisis, it dipped to around $220. But, even though in the short run, sales will be slower and the supply chains crazy, it’s still Apple. Still a great company to own.

Opportunities arise
Plus, in the meantime, as stock prices sink, buying opportunities rise. Buy the bargain. A short-term crisis offers lots of buying opportunities.
One caution from Market Watch: Don’t try to guess when the market will be lowest. No one can. Buy when the bargain seems good.
It might be time to look at your portfolio and consider rebalancing your ratio of stocks to bonds, according to Market Watch.

Getting Ready For Spring? Your Motorcycle Checklist

Getting Ready For Spring? Your Motorcycle Checklist    

Rev your engine and get ready to feel the cool breeze in your hair as you fly down the freeway – spring is almost here! It’s time to make sure you have your motorcycle ready to take you on adventures throughout the warmer months. Use this checklist to ensure that you and your bike are ready to roll. At InsureUS, serving Cypress, TX, we’re here to help you make sure you stay safe on your bike this summer. 

  • Stop in to see a motorcycle mechanic. While you know your bike inside and out, it’s a good idea to have a mechanic do a quick tune-up to make sure everything is in proper working order. 
  • Get planning. One of the best things about having a motorcycle is the ability to fly wherever the wind takes you, but it’s also fun to have a few scheduled summer trips to look forward to. 
  • Check your emergency kit. Do you have working flares, a poncho, an emergency blanket, and water stowed away, just in case you break down? This is the time to make sure your emergency kit is up to date and ready for summer. 

Call InsureUS, Serving Cypress, TX

If you’re ready to make sure your motorcycle insurance policy is up to par to keep you protected this summer, we’re here to help. Reach out to us at InsureUS, serving Cypress, TX, today to learn more about how we can keep you and your motorcycle safe, so you can rest assured that you’re covered as you embrace the open road this summer.

 

Flood insurance basics that you need to know about

Texas is known for getting some stormy weather, and because of this, it’s important to make sure that your Cypress, TX area property has the protection it needs. The team at InsureUS is here to help you and your family determine the right coverage to ensure that you have the protection you need.

Flood damage can be awful to deal with, and finding out that your primary homeowner’s policy does not provide adequate protection can make an already stressful situation even worse. The location of your property can also have a significant effect on your flood insurance needs.

Flood Insurance Basics

Flood and water damage can take a toll on your home, and this damage may not be covered by your primary homeowner’s policy. Oftentimes, the coverage availability is determined by the cause of the damage. There can be damage from storms, water main breaks, interior plumbing issues, rainwater, to name a few. It is important that your coverage includes protection for all flood damage, no matter the cause.

The parameters for these policies can be confusing, and it is advisable to sit down with your knowledgeable local agent to review your needs. Everyone’s coverage needs can differ, depending on the location of the property, any requirements set in place by their lender, or their personal comfort level when it comes to insurance protection. Don’t be left with gaps in your insurance coverage! These oversights can result in your own financial liability in the event of flood damage to your home or property. 

Is it time to review your home policy for completeness? If you are in the greater Cypress, TX area and want to learn more about the available flood insurance policies for our area, call or stop by InsureUS today!

Start the New Year with a survey of your fitness levels

With so much health advice in the news today, just thinking about what you should or should not be doing can be a dizzying prospect. Harvard doctors agree that health can be an overwhelming topic. But they say that if you have a handle on these four numbers, you can have a pretty good idea of where you stand and what to do about it.

  1. Your body mass index (BMI). Many people are overweight and don’t think they are. The health risks climb when you reach the overweight level. Here’s what they mean:
    Underweight is a BMI of less than 18.5, and normal weight is a BMI of 18.5 to 24.9.
    Overweight is a BMI of 25 to 29.9, and obesity is a BMI of 30 or over. If your calculation shows more than 24.9, it’s time to lose weight. To get a fast BMI rating, see nhlbisupport.com/bmi/bmicalc.htm. Just enter your height and weight.
  2. Your blood pressure. Ideally, it should be 120/80 or below. Starting at 115/75, the risk for heart attack, stroke, and other cardiovascular disease doubles with each increment of 20/10.
    People with systolic blood pressure (the first number) of 120 to 139 or a diastolic of 80 to 90 are “prehypertensive.” Changes in diet and activity patterns can help prevent cardiovascular disease at this level.
  3. Your fasting glucose. If you have two fasting plasma glucose measurements of 126 mg/dL or greater, you have diabetes.
  4. Your LDL cholesterol level. Your bad cholesterol reading should be below 100, but 70 is better. Diet, exercise, and medications like statins, or all three, can lower your LDL, reducing your heart disease risk by about a third

How to Get RV Insurance in Cypress, Texas

Owning an RV is a great choice for many Texas residents, since it has some great RV parks, such as Grand Texas RV Resort and Fredericksburg RV Park, both in the Houston area. However, owning an RV comes with some obligations. When driving or staying in an RV, especially in the Cypress, TX area, you will need to get RV insurance.

While we have touched on when RV insurance is required, you may be wondering how to get RV insurance. Luckily, it is easy to get RV insurance for your recreational vehicle in Cypress, TX. Below are some simple ways to get started and get your insurance quote as soon as possible.

Call an Insurance Agent

By calling an agency such as InsureUS, which serves Cypress, TX, you will be able to connect to a real person right away to speak about your specific needs. When you speak to an agency that has local agents that work and live in your area, it can make the insurance process much smoother for all involved so that you don’t have to worry.

All of InsureUS agents are only a phone call away and are locally owned and operated.

Request a Quote Online

One of the simplest ways to start getting RV insurance for your vehicle is to fill out a form and request an RV quote online.

With an online form, you simply leave your name, contact information, the coverage needed, and whatever comments or questions that you’d like answered. This option is best for people on-the-go who may not have time to make a phone call or want to see their quote in writing.

Get a Quote Now

InsureUS is here for all of your RV insurance needs in Cypress, TX. Call, email, or fill out our form to learn more.

Cost of retirement: More expensive than you might think

The cost of retirement can vary dramatically depending on where you live and what choices you make before you retire.
Ideally, you want to have enough social security and investments to maintain your current lifestyle.
While investment advisers routinely say $1 million in investments will ensure a happy retirement, this is not necessarily true. In high-tax states with high cost of living, a big retirement pot is probably essential. But, in lower tax states with lower cost of living, retirees might need about a fourth of that amount.
The key question is how you prepare before retirement.

  • Run the numbers. Check with Social Security for an estimate of retirement income. But, remember your Medicare and taxes will be deducted from social security, so that number will be lower. For other income, you will be paying cash for taxes. Look at all your expenses. Medicare plus supplements and prescriptions could run more than you think. For example, some prescriptions could cost $100-$300 per month, even with a prescription plan.
  • Get out of debt. The best strategy is to be out of debt before retirement. Aim for zero credit balances.
  • Pay off the mortgage. In some cases, holding a mortgage might be financially wise, depending on how much your investments are making as opposed to the interest rate on your mortgage. But good general advice is to pay off the mortgage before retirement.
  • Transportation. Plan to have a late model car that is paid off before retirement. A car payment soaks up retirement funds.
  • Emergency fund. Build one with at least 3 to 6 months of expenses. Emergencies won’t stop just because you are retired, and you won’t have money coming in. You must avoid credit card debt.
  • Long-term care insurance. Plan early to buy long-term care insurance when prices will be lower.

The Golden Years in business

“What am I going to do with all this time?”

That’s a question retirees often ask themselves these days. The trend of retired Americans or those close to it is to keep working. Some need income; others use it for travel and leisure activities, hobbies, or purely for the personal fulfillment of work and staying involved with others.

In March of this year, the second annual Small Business Survey revealed 65% of more than 5,000 Americans polled said they envision opening a business when they retire.

These results are not surprising, according to Dr. Luke Pittaway, Professor of Entrepreneurship at Ohio University. People are living longer, he says, and more than ever before are choosing to start a business to stay active.

According to The Balance Small Business, any service that consumers and companies will pay for can be turned into a business. Among them are accounting, bookkeeping, handyman, landscaping, pet care, and more.

Freelance writing is more popular than ever with blogging, writing for businesses large and small, e-books, and memoirs, among others. Self-publishing is fast and affordable these days.

Nearly any hobby can be turned into a business too. How about gardening? Baking? Photography? A musical instrument?

Contact your former employers to offer your services. Access your network to find potential clients.

Starting a home-based business enables the retiree to profit from decades of experience in his or her profession. Selling one’s skills through a service-based home business is one of the fastest and least expensive ways to start making money at home. At or near the top of the possibilities are consulting and coaching. Both can be performed at home and enhanced by online tools.

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