Read articles written by Homeowners Insurance Cover
What Is Personal Lines Insurance?
When you need to be safeguarded from a loss you cannot cover on your own, personal lines insurance comes into play. While you may not hear of personal lines insurance every day, odds are, you’re already a policyholder of many insurance types that fall under the umbrella of personal lines insurance. Personal lines insurance is ... Read more
Coinsurance Formula Homeowners Insurance
A homeowners policy is only as good as the amount the home is insured for. An underinsured home is one that won’t be fully recovered in the event of a loss. This is why most insurance policies contain what is known as a coinsurance clause. Each coinsurance clause requires policyholders to purchase a certain amount ... Read more
Florida Wind Insurance & Wind Mitigation Program
Every Florida homeowner knows that the state is no stranger to high winds. Whether it is a hurricane, tropical storm, or weather front, Floridians deal with more than their fair share of wind-related incidents. This is why programs have been put into place to help residents to lower the risk of damage from both wind ... Read more
Homeowners Insurance and Refinancing Your Mortgage
When you choose to refinance your mortgage, you’re essentially paying off your old loan using the new loan (the refinanced mortgage) in order to obtain better terms and a lower interest rate. Overall, a mortgage refinance can save you money long term and may even help you to reach the goal of paying off your ... Read more
Condo vs Townhouse Insurance: Are There Differences?
From the outside, condos and townhomes can be difficult to discern. Most share a similar facade and even boast many of the same interior features. There seems to be little difference between the two dwellings, yet when insurance involved, condos and townhomes couldn’t be more different. When looking into insurance for townhomes and condos, you’ll ... Read more
Does Homeowners Insurance Cover Mandatory Evacuation Costs?
Every family fears the daunting day in which their city or municipality declares a mandatory evacuation due to weather. Sadly, mandatory evacuations happen almost annually in certain regions of the US. In the event of a hurricane or a flood, people who are ordered to evacuate often have no nearby family to stay with, forcing ... Read more
Does Homeowners Insurance Cover Radon Mitigation?
Homes contaminated with radon can be serious health-hazards and need to be treated. Unfortunately, this problem is fairly common, with one in fifteen homes in the United States experiencing elevated levels of radon. As testing and preventing elevated radon is the home is considered a part of home maintenance and not an unforeseeable event, radon ... Read more
Does Homeowners Insurance Cover Erosion?
If your property is damaged by heavy storms, you may want to know if your policy covers the damage sustained to your land. An extreme downpour can result in extensive erosion and damage to the topsoil on your property and require significant repairs to be undertaken. Unfortunately, many homeowners insurance policies will not cover this ... Read more
Does Homeowners Insurance Cover Code Upgrades?
Standard homeowners insurance typically does not cover building code upgrades. A homeowner needs to add an ordinance or law endorsement to their homeowner policy.
Does Homeowners Insurance Cover A Cracked Bathtub?
Understanding what your homeowners insurance policy does and doesn’t cover can seem complicated, especially when evaluating what kinds of damage to the home fit an insurance company’s definition of “structural” damage. If you have a cracked bathtub you’re hoping you can make an insurance claim to repair it, unfortunately, this will most likely have to ... Read more
Does Homeowners Insurance Cover College Students?
If you have a student getting ready to head to college, it can be stressful thinking about how they and their belongings won’t be under roof (and your home insurance) anymore. Fortunately, many college students are still eligible for insurance coverage under the parents’ policies, and there are other accessible options you can choose to ... Read more
Does Homeowners Insurance Cover Laptop Damage?
Your homeowners insurance can cover more than just your house itself and includes personal property coverage, which provides financial protection in case of damage to your personal belongings. But, how does that coverage apply to expensive technology like a laptop you might need to use every day? Your laptop is very likely to be covered ... Read more