Getting Ready for Getting Home Owner Insurance Quotes What's with insurance comparison sites? If you have been looking up information about home owner insurance quotes, that question is probably at the back of your head. The truth is, these sites made rates comparison easy because you only need to key in information once. You know how important it is to get quotes from different companies, and with comparison sites, you...more
Home Owner Insurance Policies: A Checklist Keeping your home protected is no small feat, especially if it's in terms of insurance-protection. After all, insurance 'premiums' do justice to the word - for they don't come in pennies. Here is a list of things you should be mindful of when you are looking to get home owner insurance.DeductiblesThis is the amount you have to pay before the insurance company pays out....more
Coverage Counts: Home Owner Insurance Options When disaster strikes, the first thing that you need to assured of is your insurance coverage. Standard homeowner insurance policies may vary. For example, tornado coverage might be 'standard' in some Midwest states but that may not be the case someplace else. It all boils down to understanding your coverage options and finding out which policy would best fit your needs.1. Actual cash value. This is probably the most popular policy. In this, the fair market value is considered. You will be reimbursed the amount it will take to replace the possessions noted, minus an amount for depreciation.2. Replacement cost coverage. With this home owner insurance policy, repairs or replacement will be done without taking into account the amount of depreciation.3. Guaranteed replacement cost. In this, the insurance company will cover replacement or repair, even if doing so will be more expensive, which can be a result of an increase in building costs and the repair materials needed. This policy is mostly offered for newer homes. The policy can pay around 20% more than the standard limit, and it can vary from state to state.4....more
Home Owner Insurance Claim: Pre-Claim Preparations Nobody wants to be in a situation where one has to file a home owner insurance claim. After all, when you do that, it can only mean that something unpleasant has indeed happened. Now, purchasing an insurance policy is one way to get ready for untoward incidents such as fire, floods...more
What You Should Know About New York Home Owner Insurance New York is one of the United States' prime cities. The city has among the highest cultural diversity and the diversions one can engage in is just as, well, diverse. The large population and an equally large want to live in the city resulted to real estate being highly...more
New Jersey Home Owner Insurance In New Jersey, home owner insurance isn't required at all, except maybe, if you have a mortgage. However, a mortgage should not be the sole reason for you to get adequately covered by insurance. There are some areas in the state where crime rates are high, and in such places, crimes against property are the main cause of damage. Add the likelihood of a fire happening and you'll be a sitting duck for disaster.It would help if you know the basics of home owner insurance premium rates. You'll pay less if you don't include the value of the land. Remember that you'll pay more for a higher-valued home because the insurance company would have a larger amount to pay when something happens. And while land can get messed up in appearance, you can't lose it in a fire or through vandalism. You will also pay less insurance for a house in tiptop shape. There are also higher premiums to pay if there is a smoker in the house as that is deemed a fire-risk.Most insurance companies in New Jersey will charge higher premiums if your home is in an area where there is no full-time fire service. The amount of premium that you...more
Florida Home Owner Insurance: Top Tips for Insurance Policy Shoppers In Florida, the theme of the day is fun-under-the-sun. However, just like any place with a tropical or subtropical climate, it also has its share of storms and...more
On Choosing a Home Owner Insurance Policy Provider in California In California, the insurance industry is a whole new ball game. It is one of the few states where perils range from those brought by the weather (think hail and flood),...more
Texas Home Owner Insurance: On Rebates and Reduced Rates It is a known fact that home owner insurance rates do vary from one state to another. The thing is, while the average premium rates may be different in Texas, the insurance...more
Home improvements and buildings insurance This article is based on my research and does not constitute financial advice. I have included links to http://www.lloydstsb.com as I feel they may be helpful to the reader for general...more
Home Warranty Coverage: Can You Buy Peace of Mind? Buying a home is a big decision for most people, one that generates a lot of stress. Making the decision to build a custom home instead of purchasing an existing home is even bigger....more
Types Of Home Insurance In BC Protecting the assets of your home and personal belongings are top priorities for most BC homeowners. There are many categories of home insurance coverage and various types of benefits that are associated...more