insurance
Understanding Wind Deductibles: Flat, Named Storm, and Hurricane
When it comes to homeowners insurance, understanding the different types of wind deductibles is crucial, especially if you live in an area prone to severe weather. This breaks down the differences between flat wind deductibles, named storm deductibles, and hurricane deductibles to help you make well-informed decisions about your insurance coverage. What Is a Flat…
Read MoreWhat You Need to Consider When Choosing a Home Insurance Policy
What you need to consider when choosing a home insurance policy so you can make sure your biggest asset is properly protected. Damage to your house. Your homeowner’s insurance policy should cover damage to the inside and outside of your house. This includes your possessions, so make sure to document them. Personal liability. Most people know that…
Read MoreWhile Many Property Owners Understand the Need for Contents Coverage
While many property owners understand the need for contents coverage, they often face challenges determining whether they have enough insurance. Homeowners and businesses often don’t have the time to inventory and price all their furnishings and equipment. They also may lack the expertise to decide how much coverage they need. To help policyholders address this…
Read MoreThe Necessary Level of Coverage
hen you pick a policy, you should have three options to choose from: Actual cash value, replacement cost, or guaranteed/extended replacement cost. When you go with the “actual cash value” option, you’ll be reimbursed for the actual cash value of your home and possessions. Keep in mind, the insurance company will detract some value for depreciation depending on…
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