If you own a luxurious home with sophisticated features, architectural significance, historic properties, and advanced facilities, a standard home insurance policy may not be sufficient to protect your property. The reason is your home is worth more, and so are its repair or replacement expenses. This is where a high-value home insurance policy can help. Read More
It’s important to understand what your homeowners insurance policy covers. A quick review of your policy will help you know the finer details. Your insurance agent can go over your policy with you to make sure there are no misunderstandings. No Concept of Retroactive Coverage Retroactive coverage does not exist. You can’t buy a homeowners Read More
Suppose you hope to start renting your property full-time; what type of insurance policy should you have in place to protect your property when tenants live there? In most cases, you’ll need a landlord insurance policy. However, if you’re only hosting tenants occasionally, a homeowners policy is a more suitable option. Rental Agreement Determines Type Read More
Owning a home means that you have invested a large portion of your income into your home. If a catastrophe occurs, you will lose everything if you don’t have homeowners insurance. Most people buy homeowners insurance without any hindrance, but there are certain situations in which you may be denied coverage. Why Were You Denied Read More
Your prospective insurer may require a home inspection to assess your homeowners’ insurance coverage needs. However, this isn’t always the case, and you might even qualify for standard coverage without a home inspection. As explained below, the final decision is up to the insurer. Do You Need a Home Inspection to Obtain Insurance? An inspection Read More
Insurance providers require every home insurance policyholder to abide by the terms and conditions of the insurance contract during the policy term. Failure to do so typically leads to repercussions such as policy cancellation, lapse, or non-renewal. Here’s more detailed information on this topic. What Cancellation, Non-Renewal, and Lapse Mean in Home Insurance While policy Read More
Sometimes, bundling your homeowners’ insurance with other policies offers some exclusive perks. Sourcing these coverages separately may make more sense in other scenarios. Before bundling your policies, it’s important to examine the potential benefits. Read on for help making a more informed coverage choice. Understanding Bundling Generally, people can get multiple insurance policies from different Read More
If you own a home, you need to protect yourself from financial loss. The best way to do that is with a good homeowners insurance policy. There are a few homeowners insurance facts that you should consider when buying a policy. It’s important to find a policy that will address all of your concerns and Read More