Homeowner’s Insurance for Older Homes: Is it Higher?
Insurance companies look at many factors when insuring a home. Among those factors, they consider the age and the cost to rebuild the home the most. Insurance companies don’t use a strict formula based on the home’s age to determine the premium, though. The premium they charge each homeowner depends on a variety of factors. […]Read more
Should you Buy a Separate Flood and/or Earthquake Insurance Policy?
You buy homeowner’s insurance and you think everything is covered. Did you know that many policies don’t include coverage for flood or earthquake damages, though? Too many people find out the hard way, after they experience destruction. The last thing you want in the face of destruction is to find out that your coverage isn’t […]Read more
What Can you do to Lower Your Homeowners Insurance Premium?
Homeowners insurance is required if you have a mortgage, but that doesn’t mean you have to overpay for it. While you need enough coverage to replace your home should there be a total loss, there are ways you can lower your premium without sacrificing coverage. [sc_content_link label=”Get today’s insurance rates.” cat=”home”] Take a Higher Deductible […]Read more
Questions to Ask When Shopping for Home Insurance
Shopping for home insurance can be overwhelming at times. When you have different terms and quotes thrown at you, it might be hard to make a decision. Instead, put the ball in your court and you ask the questions. With the following pointed questions, you can determine which insurance policy is right for you. [sc_content_link […]Read more
Filing a Home Insurance Claim After a Natural Disaster
Dealing with a disaster can be overwhelming. If you live in an area that is prone to natural disasters, it’s important to know how to file a home insurance claim before disaster strikes. This way you are armed with the appropriate information and can get things moving quickly to get yourself back up on your […]Read more
Should You Insure Your Home for More Than It’s Worth?
Your home value dropped recently so you think it’s okay to drop the amount of homeowner’s insurance that you carry. If your house is worth less, why would you want to insure it for more than its value? There are many reasons that insuring your house for more than its current value is probably a […]Read more
What Issues Can Make You Ineligible for Homeowner’s Insurance?
Homeowner’s insurance is a requirement if you finance your home, but did you know that you might not be automatically eligible for it? Just like any other insurance, you have to get approved by the agent. Insurance companies look at your likelihood of filing an insurance claim to determine if you are eligible for insurance. […]Read more
What to Expect From a Home Insurance Inspection
If you just applied for new homeowner’s insurance, the company might request a home insurance inspection. Don’t worry, it’s nothing major. It’s just a way for the insurance company to protect themselves against loss. Just like the mortgage company required an appraisal to make sure the home is worth at least the amount they are […]Read more
The Top Ways to get Homeowner’s Insurance After Being Dropped
If you have a mortgage on your property, you have to have homeowner’s insurance. If your lender finds you without it, they will force place a policy on you. This could cost you more than twice as much as the standard rates could, so you definitely want to avoid it. Even if you don’t have […]Read more