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 [...]
This is a pretty unique feature, offered by more and more carriers now. It will pay for a wide range of disablements of your vehicle, like flat tires, dead battery (and getting a jump start), running out of gas, locking your keys in your car, radiator boiling over, etc.
It’s very similar to an auto club [...]
Uninsured / underinsured coverage is the most misunderstood parts of an auto insurance policy.
Uninsured driver coverage is often omitted from rate quotes in order to keep the rate quote nice and low. And sure, uninsured or underinsured coverage is an added expense that many drivers don’t include.
After all, it’s against the law for other motorists [...]
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 [...]
Earthquake coverage is added to homeowner insurance by some people.
The coverage amount is based on a percentage of whatever the loss is, with most carriers the deductible is 5-10% of whatever the loss may be, and it’s not tied to your traditional homeowner’s policy.
Of course, in an earthquake fault area, a few years ago a [...]