Press release content from Newswire. The AP news staff was not involved in its creation.
NEW YORK – October 3, 2020 – ( Newswire.com )
Consumer Bank Report, LLC has released the first-ever public compendium of consumer banks in the United States, empowering consumers to discover the best banking options in their area.
Consumers have historically had a difficult time finding the differences between their local banks. With free access to Consumer Bank Report, this all changes. With access to over 10,000 unique brands, consumers now have the option to find a bank that best fits their unique situation.
Nancy Dulph, a 30-year-old mother in Orange, New Jersey, found her ideal bank using consumerbankreport.com, “I’ve always used Bank Of America, but due to their high fees for almost anything that can happen, I was forced to give up my bank account that I had since I was a child and find a new one!”
Consumers unhappy with their banking options is a growing trend in 2020. With ever-increasing checking and savings fees, and barriers to get approved for credit, the average American is finding themselves unsatisfied with their existing bank.
Consumer Bank Report looks to remedy this situation, empowering the average American to easily find a bank that works for them and their family, without going through the tedious process of walking into each bank and asking for that information in-person.
As the consumer banking and finance industry grows, the need for new lead channels and assets has increased dramatically. Consumer Bank Report, LLC and its sister companies are providing solutions to these problems, providing all types of lending companies new opportunities in the space.
// Alex Brola
Disclosure: Consumer Bank Report and Credit Glory were co-founded by Alex Brola.
Home improvement projects and furniture purchases have increased as people spend more time at home due to the pandemic
As many Americans face months on end stuck indoors, some are using their time (and money) to create a change of scenery or upgrade their surroundings. Office equipment purchases are on the rise, and people are tackling more renovation projects than usual.
But expensive new stuff and significant home improvements can leave you underinsured. If you’re considering making changes to your home — or if you already have — it’s smart to revisit your homeowners or renters policy. Here’s how to ensure it covers the new additions.
TELL YOUR INSURER ABOUT YOUR PLANS
There’s a good chance you’re underinsured before you even make changes, according to Don Griffin, vice president of personal lines at American Property Casualty Insurance Association. Talk to your insurer before making any expensive purchases or changes to your home to inform the company of your plans and clarify your policy’s current coverages and limits. If your home costs more to replace after you’ve improved it, some insurers will pay the new expense to rebuild, but “that’s not every policy, and it may not cover everything you need,” Griffin says. He also recommends once a year reviewing what your home insurance policy covers.
In some cases, you may need to change carriers to get the coverage you need. Frank Jones, an independent agent and partner at Mints Insurance Agency in Millville, New Jersey, has seen clients switch insurers because an addition wasn’t covered. “It’s in your best interest to have these conversations now rather than to have a claim denied,” he says.
A new desk and computer for remote learning,