Because Insurance Shouldn't Be a Hassle
Because Insurance Shouldn't Be a Hassle
Home insurance is a contract between a homeowner and an insurance company, in which the insurer agrees to cover certain financial losses in case of damage or destruction to the home in exchange for payment of premiums. It helps to protect your home and its contents from damage or loss due to natural disasters, fire, and other covered events.
Yes, Homeowners insurance can be paid directly to your insurance carrier or via an escrow account. A lender-managed escrow account saves money for house insurance and property taxes. Escrow accounts pay homeowners insurance annually. Some lenders allow homeowners insurance payments…
Renters insurance may cover water damage to your personal belongings if it is caused by a covered peril. A covered peril is a specific event that causes damage to your property, such as fire, windstorm, theft, or vandalism. Water damage…
According to State Farm, homeowners insurance may cover foundation repair if the damage is caused by a covered peril, such as fire, windstorm, hail, explosion, or vandalism. However, it does not cover damage due to ground movements, such as earthquakes,…
Yes, homeowners insurance may cover damage caused by a contractor, but only in certain situations and under certain conditions. It depends on the type and extent of the damage, the terms of your homeowner’s insurance policy, and the contractor’s insurance…
Yes, Home Insurance Premiums may increase after a claim, influenced by factors such as the nature, extent, and recurrence of the claim, along with the insurer’s guidelines and state regulations. Home insurance premiums increase because insurers see policyholders who file…
Progressive Insurance can be a good choice for homeowners looking for affordable and customizable coverage. Progressive Insurance is one of the largest home insurers in the nation, but it does not underwrite its own policies. Instead, it matches you with…
Yes, homeowners insurance could cover items taken from your car, subject to your plan and theft specifics. Off-premises coverage is available in some policies, encompassing vehicle theft, while added endorsements or riders might be necessary for others. Assess your policy…
Ever worried if a guest or third party gets hurt or damages something in your home? You’re not alone. But don’t worry! With the correct house insurance policy, you can be secure. Learn more about how house insurance covers public…
It depends on your policy. Landlord insurance can cover contents and liability, but not necessarily the physical structure and fixtures. Landlord building insurance can cover damages to the building and fixtures. Review your policy to ensure proper coverage and consult…
It’s important to have enough insurance coverage for your apartment to safeguard your investment. Many people often question whether they need building insurance for an apartment, and this article will explore the topic in detail to help you understand what…
