Insurance Articles

Usually if you hear the term hazard insurance for your home, you can safely assume they are talking about a typical homeowners insurance policy. Hazard insurance is homeowners insurance. Hazard insurance most of the time refers to a specific section of the homeowners insurance policy that protects the home from perils that should be covered […]

When it comes to home inspections for homeowners insurance there are typically two primary purposes. The first is to appraise your home’s replacement cost and the second is to identify any existing risks that may be an issue in the future. In this article we go over different things an inspector might look for during

Loss of use is a type of home insurance coverage designed to reimburse you for any additional living expenses that come up when you’re in the process of rebuilding or repairing your home. If it’s a rental home, you may even be reimbursed for rental income lost. Most of which would have to come from

Before you switch your homeowners insurance policy. You’ll want to contact your mortgage company to let them know about the change. This will help with the transition of your policy. Beyond homeowners insurance being tied to an escrow account, it’s pretty easy to switch policies. You may find a discount you didn’t know about after

When you’re looking for a home a question on your mind might be, do I even need homeowners insurance and when should I get covered if it’s a necessity? There’s not exactly a law in place that requires you to carry homeowners insurance, but if you’re looking to finance your home through a mortgage lender

Homeowners insurance comes with a few different types of discontinuation. Your policy can lapse, you can cancel it and you can run into non-renewal. With each being different they will all come with their own set of unique consequences. In this article we will go over some of the differences between each and hopefully help

Owning a home comes with its own set of rules and responsibilities. You typically have a mortgage payment and your lender may require you to carry home insurance. You will also have things like maintenance and repairs to take care of. Then there’s property taxes, maybe an HOA or PMI as well.  These costs can

Many homeowners want to know if they can change homeowners insurance at any time? In short, yes. You can switch home insurance companies at any time. That isn’t to say there aren’t penalties and / or fees that you might run into if you decide to switch homeowners insurance companies before your current policy expires.

Some of the most common home insurance claims come from water damage. When it comes to covering water damage, most homeowner insurance policies will cover you. Although, there are circumstances like gradual damage that are not covered. As you can see, knowing what’s included in your policy can be important. Around 1 out of every

Often times when you have an older roof (20+ years old) it will be difficult to secure a new homeowners insurance policy or even renew your current home insurance policy. Most homeowners insurance companies have pretty strict guidelines when underwriting a home that may be a little older. The roof of your home protects your