Fence damage is normally covered by home insurance, however there are times when an insurer may deny your claim, for example, on account of non-maintenance. A house insurance policy’s ‘Other Structures’ section covers fences. According to Allstate, Other Structures on your property are insured against the same risks as your home. Therefore, your fence would …
The second-highest number of home insurance claims, according to the Insurance Information Institute, are for water damage or damage caused by freezing, which affects roughly 1 in 60 homes annually. The most common types of claims are caused by wind and hail. The average cost of a water-damage claim is about $11,600. Water damage may …
The average cost of home insurance in America is $2,305 per year for a $300,000 coverage with a $300,000 liability and a $1,000 deductible. However, this sum may be higher or lower based on your location and a variety of other variables, such as the quantity and nature of your insurance claims. Homeowners file claims …
How Much Do Claims Increase Home Insurance Rates? Read More »
Homeowners insurance is a vital component of a smart strategy to safeguard a house and your investment in it. But it may be more difficult to find the coverage you need at the price you want if your roof is old. Insurers are wary of homes with old roofs because of the harm that could …
How to Get Homeowners Insurance with a Bad Roof? Read More »
A major element of your homeowners insurance policy that safeguards the physical integrity of your house is dwelling insurance. You get compensated for damage to things like walls, plumbing, heating, air conditioning, and electrical wiring under this sort of coverage. Attached buildings, such as your garage, and built-in features, like chimneys and porches, are also …
What is Dwelling Coverage and How Much Do You Require? Read More »
There are numerous insurance choices available for company owners. Insurance shields your business from a variety of dangers that could arise in the course of daily business. It might be difficult to decide what type of business insurance you require, but we can assist you. For their small business insurance requirements, many business owners begin …
What are the Different Types of Business Insurance? Read More »
You are covered for the rest of your life with permanent life insurance. No matter how old you are when you pass away, the life insurance company will pay your beneficiaries a death benefit once the policy is in effect. Guaranteed cash value life insurance plans, like whole life insurance, are a kind of permanent …
What is Guaranteed Cash Value in a Life Insurance Policy? Read More »
Cash value life insurance is a permanent policy that offers a savings-like element apart from the death benefit. Term life insurance and the various permanent life products, including whole life and universal life, have important distinctions. One of them is the monetary value of permanent policies. Term life insurance products do not provide this benefit, …
Term life insurance provides coverage for a predetermined amount of time, or the “term.” The term may run for five to forty years. The idea is straightforward: if you choose a term life insurance policy with a 20-year term and pay the premium, your dependents will receive your death benefit should you pass away during …
If you ever have the misfortune of being involved in a car accident, presuming that you and your passengers are unharmed, your thoughts will naturally drift to the financial loss from the possible damage to the car. Knowing what to do next can be quite tough, particularly if you feel you weren’t at fault. You …
What to Do After a Car Accident That is Not Your Fault? Read More »
