Find Cheaper Homeowners Insurance

Does Homeowners Insurance Cover Raccoon Removal?

Raccoons and other animals such as squirrels, birds, bats, and mice are treated differently by insurance companies. Raccoons exist all over North America and they can cause significant damage to the structure of the home. If you have a homeowners insurance policy and it covers raccoon removal, there are special services that can remove raccoons … Read more

Does Homeowners Insurance Cover Sewer Backup?

Homeowners insurance policies cover most water damage as long as it’s sudden and accidental. Millions of households in the US are experiencing flood conditions that can cause extensive structural damage to the home. Flood conditions aren’t always caused by floods and hurricanes but they can be caused by a sewer backup. Sewer backups can cause … Read more

Does Homeowners Insurance Cover Renters?

If you’re a homeowner and want to start renting your property, you must insure the property and the tenants. Homeowners insurance protects you on multiple levels: It includes dwelling coverage for structural damage and property coverage for all your belongings. This coverage is mandatory when you let strangers into your home, especially when you do … Read more

Does Home Insurance Cover Fire?

Fire damage can be devastating to a home and cause significant property damage and injuries. The most common form of fire damage are electrical fires, kitchen fires, candle fires, and wildfires. Wildfires have the potential to burn through millions of acres and engulf thousands of homes in flames. This is why homeowners insurance policies are … Read more

Does Homeowners Insurance Cover Lost Jewelry?

Jewelry is an extremely valuable property and it’s easily damaged and stolen. Homeowners insurance can provide a degree of protection for jewelry, but it’s essentially treated as any other property unless you individually insure it. This guide will cover how you can secure your jewelry at full replacement value to keep your bracelets, necklaces, rings, … Read more

How Much is Homeowners Insurance?

How Much Is Homeowners Insurance?

On average, the annual cost of a homeowners insurance policy in 2020 is $1,445, but in reality, the average cost between different regions, states, and individual households can range greatly. A number of factors come into play when an insurer is determining your home insurance quote, including: Home age Condition of the home Deductible Replacement … Read more

Condo Insurance vs Renters Insurance

Condo Insurance Vs Renters Insurance

If you live in a condominium or apartment, you will need to consider if you want home insurance. The options available for your situation, condo insurance, and renters insurance, respectively, have differences compared to standard homeowners insurance policies that you need to know. What Insurance Do You Need if You Own a Condo? If you … Read more

Water Exclusion Clause Home Insurance

Water Exclusion Clause Home Insurance

In the world of insurance, there always seems to be a catch or clause hidden within the context of any given policy. The water exclusion clause is no exception. Water damage is a contentious issue in most homeowners insurance policies. Especially if you live in an area that frequently receives heavy rains, flooding, or water-related … Read more

Loss Settlement Amount

Loss Settlement Amount

No matter what type of limits of liability are shown on your insurance policy’s declaration page, every homeowner will also contain a loss-settlement provision. This provision outlines how a claim will be paid subject to the various conditions of the policy itself. Generally, loss settlement applies to the replacement cost payment for both the dwelling … Read more