What happens when disaster strikes? Say your water heater lets go at 3 AM, spilling hot water over your floors where it gets soaked up by your wallboard. You call your plumber and insurance company. The plumber comes out and replaces your water heater, and eventually, the insurance adjuster comes out and tallies up the…
Category: Homeowners Insurance
Renters Insurance
Renters Insurance Renters Insurance, sometimes called a Tenants Policy or HO-4 Policy, covers your personal property, such as clothing, furniture, and electronics in case of perils like fire, theft, or wind damage from a hurricane. It may also provide liability coverage, medical coverage, and temporary living expenses. Even though you don’t own the building, it’s…
Flood Insurance
NFIP National Flood Insurance program is run by the federal government and available in addition to your standard property insurance. It covers only flood damage and is available in communities that participate in the National Flood Insurance Program. Floods cause a lot of damage. There are very few small claims as just a few inches…
Homeowners Insurance and Dogs
Homeowners Insurance and Dogs Homeowners insurance and dogs don’t always get along. Policies typically cover dog bite liability, a risk that insurance companies try to avoid. Some charge more for certain breeds and others will charge more (or cancel coverage) for dogs with a history of biting. According to the Centers for Disease Control and…
Homeowners Insurance Coverage
What Does Homeowners Insurance Cover? What does homeowners insurance cover and do for you? Homeowners insurance covers your home and possessions against most common but not all risks. There are several levels of coverage that vary by state. Homeowners’ policies usually don’t cover damage caused by lack of maintenance, hurricanes, earthquakes, landslides, pollution or war, although…