Your home is a major purchase and an investment in your wealth. A homeowner’s insurance policy protects you from costly out-of-pocket expenses should the dwelling be damaged or destroyed. However, insurance won’t protect you against certain types of damage. When…
A homeowner’s policy protects the investment families make in their home against multiple risks. Individuals often opt for a basic homeowner’s policy without thinking of the unique circumstances they could be facing in the future and the potential for out-of-pocket…
There is absolutely no mandate in Florida that homeowners carry hurricane insurance. However, a mortgage holder may require it as part of the loan agreement, along with flood insurance. Hurricane insurance doesn’t cover flooding. Many people are confused about the…
Insurance costs continue to escalate and insurance companies are constantly thinking of new exclusions to enact. It doesn’t matter whether individuals are buying their first home or their 10th , there are some essential elements that everyone needs to consider…
The coverage for a flooding event can be extremely confusing for homeowners. A standard homeowner’s insurance policy covers flooding in the home – under certain circumstances. It does not cover flooding resulting from hurricanes. A separate policy through FEMA is…
Protecting your home and possessions with a homeowner’s policy is essential. Whether your homeowner’s policy covers the contents of your home during a move and while they’re in transit will depend on the type of coverage you have. It’s critical…
Your homeowner’s insurance policy will typically cover damages resulting from flooding due to a leak, broken pipe, or other cause originating within your home. Damage isn’t covered by the policy if the insurance company can prove that the incident was…
Insurers typically advise homeowners to increase their liability coverage to $500,000 if they have a pool or are planning on installing one. There will definitely be an increase in the cost of homeowner’s insurance. The amount that the policy will…
In the interest of saving money or being more environmentally friendly, an increasing number of people are installing solar panels and making use of the sun’s free energy production. However, installing solar panels can be a double-edged sword when it…
Homeowners are primarily concerned with protecting their homes against damage from fires, tornadoes and storms that can produce high winds and hail. A homeowner’s policy also protects homes against smoke, vandalism and theft. According to statistics, break-in occurs every 15…