Tag: home owners
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Is a slow leak in plumbing in the foundation covered in a home owners insurance policy?
Short answer: Usually not — unless it caused sudden and accidental damage. 🏡 What an Home Owners Insurance Policy Typically Covers: An Home Owners policy generally covers “sudden and accidental” water damage, but it usually excludes: So if the leak: …it’s probably excluded under standard language like: “We do not cover loss caused by constant… Read more
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How does home owners insurance work when the house is owned by “the estate” of someone who is deceased?
it can get a little tricky. Here’s a simple explanation of how homeowners insurance typically works when the house is owned by “the estate” of someone who has passed away: ✅ 1. The deceased’s homeowners insurance policy usually continues temporarily.When the homeowner dies, their existing homeowners insurance doesn’t immediately cancel. It usually stays in force… Read more
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Home Renovations and Insurance: What to Know Before You Remodel
When planning a home renovation, it’s easy to focus on design and construction details—choosing the perfect tiles, paint colors, or appliances. However, an often-overlooked aspect of remodeling is how it affects your homeowners insurance. Renovations can increase the value of your home, introduce new risks, or require additional coverage, making it essential to address insurance… Read more
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Bundle Up: How to Save Money by Bundling Home, Auto, and Life Insurance
In today’s fast-paced world, managing multiple insurance policies can feel overwhelming. Home insurance, auto insurance, and life insurance are essential for protecting your assets and loved ones, but juggling separate policies can lead to missed opportunities for savings and streamlined management. Bundling these policies under one insurer offers a practical and cost-effective solution that not… Read more
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Renter or Homeowner: Do You Know What Your Insurance Really Covers?
Insurance is a critical safety net, protecting you financially in the face of unexpected events. Yet, many renters and homeowners remain unsure about the details of their insurance policies. This uncertainty can leave you exposed to risks that your policy doesn’t cover, or paying for coverage you don’t need. Understanding your policy is essential for… Read more
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Top 5 Home Insurance Add-Ons Every Young Family Should Consider
Top 5 Home Insurance Add-Ons Every Young Family Should Consider As a young family, protecting your home is about more than just insuring the physical structure. It’s about safeguarding the life you’re building within it—your possessions, your financial security, and your peace of mind. While a standard home insurance policy covers the basics, it often… Read more
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The Hidden Costs of Homeownership: Why You Shouldn’t Skimp on Home Insurance
Buying a home is one of life’s major milestones, a mix of excitement, pride, and the promise of a fresh start. But beyond the down payment, mortgage payments, and property taxes lies a set of expenses that are often underestimated. Chief among them is home insurance—a cost that too many homeowners view as an unavoidable… Read more