If you are financing your home through a lender, they will help you decide how your home insurance will need to be paid. They will require that you have insurance as they have a vested interest in the property and won’t allow you to move in until you have provided them with insurance information. If … Read more
Your standard home insurance plan has basic limitations and exclusions that some homeowners may not be aware of and, therefore, could be underinsured when it comes time for a devastating event. Supplemental policies fill the voids left by the basic homeowners plans. In your standard plan, there is Coverage A which sets aside a majority … Read more
More and more people are tending towards alternative living conditions, such as tiny houses and floating homes. This is awesome but it makes insuring their options a bit more arduous. Finding carriers to take on these as a risk is daunting. In this article we will take a deeper look at insuring a floating home. … Read more
It may surprise most people to find out that home insurance carriers use your credit score to decide what your premium is going to be for your policy. A majority of us feel this is only the case when we’re getting a loan or applying for a new credit card. A high percentage of insurance … Read more
The difference between a home warranty and your homeowners insurance is that the home warranty will protect the things that allow your home to function properly when they begin to wear down while the homeowner’s insurance will protect the home and your personal belongings from sudden, accidental loss and not due to normal wear and … Read more
Coverage A of your standard homeowner’s insurance policy which is known as the dwelling coverage is going to protect the main dwelling of your property against physical damage caused to the residence including any interior fireplaces, flooring, bathrooms, or structures that may be attached to it on top of the same foundation, e.g. decking, garages, … Read more
Most everyone wants to save as much as they possibly can with their homeowners insurance premiums. Many want the answer to the same question, do I have to pay for additional structures if I don’t have any? And the answer is not really cut and dry. With a standard homeowner’s policy, you are getting a … Read more
When you purchase a condo, you are buying into a unique set of circumstances as far as the property and the insurance needs. A homeowner’s association or perhaps a condominium board will generally control the grounds and the property. You bought the four walls that surround the home and you pay the association fees that … Read more
Standard home insurance policies devote 10% of the coverage for the main dwelling coverage towards other structures on the property which would include detached garages or fences and a multitude of other items. Your plan will outline the protection that these structures obtain as Coverage B, while the main dwelling has its protection provided under … Read more
Bicycling is becoming a popular mode of transportation as well as a recreational form of exercise and sport. People are spending anywhere from a few hundred dollars to upwards of a few thousand dollars for high-quality bikes. Bicycles are covered under your standard homeowners insurance plan as part of your personal property. You will be … Read more
