Homeowners insurance can protect you and your home in case of damage, theft, fire, or many other occurrences. Look here for more information about homeowners insurance and how to find the best policy for you.
Should I Make a Homeowner’s Insurance Claim?
Major damage to your home can also do damage to your wallet, and homeowner’s insurance is intended to help manage some of that cost. However, simply having insurance doesn’t mean that you should file a claim every time something goes wrong with your house. “Insurance isn’t meant to be a home warranty program,” says Colt [...]
Homeowners Insurance Tips for First-Time Homebuyers
Being a first-time homebuyer also means being a first-time buyer of homeowner’s insurance. Just like every other part of the home-buying process, this decision requires research, comparison shopping, and careful consideration. Your homeowner’s insurance provides broad coverage for damage to your house (unless specifically excluded in your policy), as well as coverage for personal liability [...]
The Insurance Implications of Divorce
No matter the circumstances, divorce can be painful—both emotionally and financially, including issues surrounding various types of insurance policies. As you work through your finances, be sure to consider the insurance implications of divorce. Auto insurance A divorced or separated couple will need to decide who will wind up with any car (or cars), and [...]
Busted: How to Tell If You’re Dealing with a Reputable Insurance Company or Agent
A few weeks after Hurricane Katrina struck Louisiana in 2005, I received a call from an elderly woman who was confused about her insurance policy. She said that she had paid a significant sum of money for homeowner’s insurance coverage to a person who claimed to be an insurance agent. This supposed agent insisted the [...]
Five More Myths About Your Homeowner’s Insurance
This article was written by guest blogger Loretta Worters. There are a lot of homeowner’s insurance myths floating around, and it can be hard to separate fact from fiction. Whether you’re shopping for homeowner’s insurance for the first time or updating your existing policy, here are a few misconceptions to keep in mind about what [...]
Does Your College Student Have the Right Insurance Coverage?
Fall is just around the corner, and many parents are preparing to send their college students back to campus for another semester. Before you say goodbye to your son or daughter, consider that now may be the perfect time to do an insurance policy review. Here are six questions to ask yourself that can help [...]
5 Reasons to Update Your Homeowners Insurance This Summer
This post was written by guest blogger Eve Becker. Whether you’re hosting a barbecue, garden party, pool party or family get-together, there’s nothing quite like entertaining outside in the summer. Many people, recognizing the value of an outdoor entertaining space in the warmer months, have upgraded their decks and patios to enjoy with guests in [...]
Does Homeowners Insurance Cover Fracking?
Most homeowners insurance policies don't cover fracking. Check with your insurance company to see if they have extra coverage for fracking. Q: I've not seen fracking addressed in your column but I understand that doesn't mean you haven't! Most homeowners do not know their home insurance does not cover fracking, even if they have earthquake [...]
Homeowners Insurance: Someone Gets Hurt On Your Property
One of the reasons you have homeowners insurance is to avoid paying out of pocket for extensive property damage. Another reason you’re paying for homeowners insurance is to have an attorney on retainer to defend you should you be sued if someone gets hurt on your property. I would like to share a story about [...]
Natural Disaster Insurance Claims: What To Do When A Natural Disaster Strikes
Updated September 9, 2019. Natural disasters are forcing homeowners and renters to file insurance claims in record numbers - and for amounts that are astronomical. But, not every claim is being approved. Here's what you should do to prepare for a physical catastrophe caused when a natural disaster strikes. Man-made catastrophes, like fires and crashes, [...]