Homeowner Insurance - Liability Coverage

→  May 29th, 2009  →  Homeowners Insurance

I always write liability coverage with homeowners insurance so if anyone gets injured on the premises it will pay for any claims, and it adds a very small amount to the premium for what you get.
For example, in an apartment situation, what if a fire, or a leak, starts in your apartment and causes damage [...]

Cancelling Homeowner Insurance Coverage

→  May 29th, 2009  →  Homeowners Insurance

Homeowners insurance is a coverage that in tough economic times, and especially after the home is paid for, the owner may decide that since the mortgage company doesn’t require it, they don’t have to carry homeowners insurance, and so they drop their insurance to save some money.
And as long as there’s no claim, sure, they [...]

Condominium & Renters Insurance

→  May 29th, 2009  →  Homeowners Insurance

There are condo policies that are separate from homeowners insurance - the homeowners covers the outside walls of the dwelling, as well as the contents, whereas the condo insurance covers “between walls”.  But, like renters insurance, it’s just a type of homeowner coverage.
People think about homeowners insurance and don’t realize that renters insurance is simply [...]

Condominium & Renters Insurance

→  May 29th, 2009  →  Homeowners Insurance

There are condo policies that are separate from homeowners insurance - the homeowners covers the outside walls of the dwelling, as well as the contents, whereas the condo insurance covers “between walls”.  But, like renters insurance, it’s just a type of homeowner coverage.
People think about homeowners insurance and don’t realize that renters insurance is simply [...]