Tag: Insurance

Posted on 09/26/2022

Finding the average cost of home insurance: Factors to consider

If you’re budgeting for a new home, it’s important to incorporate the average cost of home insurance. Insurance rates are composed of many factors, and knowing these factors can help you estimate the potential expense. Here is a quick guide to the variables determining the average cost of homeowners insurance: Home location & age Homeowners insurance cost is...

Cost Of Insurance

Deductible

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Posted on 09/05/2022

Homeowner's Insurance Coverage: The Basics

Homeowner's insurance is an important piece of the home ownership puzzle. Because almost all mortgage lenders require proof of insurance, having a policy is more of a necessity than an option. However, many potential homeowners aren't clear about what a homeowner's insurance policy covers. While each policy is customizable and has varying details depending on the insurer, there...

Homeowners Insurance

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Posted on 08/15/2022

Understanding hazard insurance

Hazard insurance and homeowners insurance are often mistaken for the same thing due to the similarities they share. While standard homeowners insurance policies include hazard coverage, standalone hazard insurance serves a different purpose. How do you know if you need hazard insurance? Here is a guide to help you understand the basics: Hazard insurance vs. homeowners insurance Hazard...

Hazard Coverage

Hazard Insurance

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Posted on 05/30/2022

Understanding additional living expenses

Every homeowners insurance policy includes a percentage of coverage for additional living expenses. If you’re temporarily displaced from your home because of damage, this coverage can help you pay for the additional everyday expenses until you’re able to move back in. But what exactly does additional living expense (ALE) coverage include? Here is a basic guide to the...

Additional Living Expenses

ALE Coverage

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Posted on 03/14/2022

Understanding insurance: Personal liability coverage

Personal liability coverage is included in standard home insurance policies. This type of coverage protects you financially against claims from injuries and damage to other people or property. To help explain how personal liability insurance works, here is a guide to the basics: What does personal liability insurance cover? Personal liability insurance is there to help you if...

Insurance

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