It’s a rite of passage. Your teen has obtained his or her learner’s permit and can’t wait to get behind the wheel. You have your own reservations, not the least of which is what this will mean in terms of insurance. The fact is, regardless of if your child has a permit or a license, they will need car insurance. … Read More
How To Avoid Common Home Insurance Claims?
While no one plans for their home to get damaged, the truth is that accidents happen. The Insurance Information Institute (III) reports that one out of every 15 U.S. homeowners files a claim on their homeowners insurance each year. However, even if your homeowners insurance covers the cost of replacing some or all of your damaged property, you’ll still have … Read More
Understanding Homeowners Insurance Deductibles
Along with understanding how different types of coverage give your home the protection it needs, it’s important to understand how a homeowners insurance deductible is part of your policy. This way you can better financially prepare for the unexpected. What Is a Deductible for Homeowners Insurance? A homeowners insurance deductible is the amount of money you’ll pay out of pocket … Read More
Do I need water backup insurance coverage?
Water backup coverage is one of the most useful homeowners insurance endorsements, protecting your home and personal property from sewage or sump pump backups. A standard homeowners insurance policy covers certain types of water damage as long as it’s sudden, accidental, and originated on the insured property. That means water damage caused by a burst pipe or broken HVAC or … Read More