Does Hazard Insurance Cover Hurricane Damage?
Hurricanes can cause all types of damage. Despite the fact that you have homeowner’s insurance, not all hurricane damage is covered by your standard policy. Understanding what might and might not be ...
Understanding the 80 Percent Rule for Homeowners Insurance
If you are unaware of the 80 percent rule in homeowner’s insurance, you may find yourself underinsured when it comes time to file a claim. The 80 percent rule requires homeowners to have replacement ...
What Does Homeowner’s Insurance not Cover?
You probably think if you take out a homeowner’s insurance policy that it covers everything to do with your home, right? Unfortunately, that’s not the case. Homeowner’s insurance does provide ...
Non-Renewed Homeowner’s Insurance – Now What?
Non-renewed homeowner’s insurance can be scary. Can your insurance company do that to you? Can they just decide that they don’t want to renew your policy? It does happen and for a variety of reasons. ...
What Does “Replacement Cost” Mean?
When you buy insurance, you have two options when it comes to the type of coverage you can obtain. The insurance company will ask you if you want replacement cost or cash value coverage. You might not ...
Insurance Tips for First Time Homeowners
Buying your first home is exciting, but it also comes with a lot of responsibility. If you take out a mortgage to buy the home, the mortgage company will require that you carry homeowner’s insurance. ...