The policy may even be required if you have a mortgage or live in a high-risk flood zone. Flood insurance can be purchased through the federally backed National Flood Insurance Program or private flood insurers. Earthquake insurance: Just like flood damage, earthquake damage is not usually ...
Assess your home insurance needs Before you can select the right type and level of coverage, you have to assess your home insurance needs. When doing so, take into account the following: Your area: If you live in a flood zone or a state like Florida or California where natural disasters ...
The state of California, for instance, offers incentives such as discounts on insurance or tax credits to homeowners who make their homes more resistant to fires, wind, rain, and hail.15 This might include establishing a buffer zone between vegetation and the ...
Note that if you’re purchasing a home in a federally designated flood zone, your mortgage lender may require you to purchase flood insurance. Sewage backup: According to New Jersey’s Department of Environmental Protection, excessive rain or snowmelt can overwhelm the capacity of sewer pipes and...
Cheapest Home Insurance Providers by State Finding affordable home insurance largely depends on where you live — State Farm, for instance, is the cheapest in 23 states, such as Colorado and Illinois, but Farmers is more affordable in 11, like California and New Hampshire. Insurers use your loc...
California Nevada The value of bundling home and auto insurance Here's a closer look at the advantages and disadvantages of bundling home and auto insurance. Advantages of bundling home and auto insurance Bundling home and auto insurance coverage typically saves consumers around 25%, although the sp...
Homeowners insurance covers water damage from plumbing issues if the leak is sudden and accidental, such as a pipe bursting or a dishwasher supply hose breaking. However, if the plumbing leak was caused by poor maintenance, such as failure to repair a leaky sink, your policy will not cover ...
Hurricanes and Flooding: Coastal states like Florida, Texas, and Louisiana often have higher rates due to hurricane risks. Policies may require separate windstorm or flood insurance. Earthquakes: States like California and Alaska may require earthquake insurance, which is typically not included in stand...
Boston-based Liberty Mutual Insurance began doing business in 1912, offering workers’ compensation insurance. It has grown over the years to include a wide variety of investment and insurance products. The company offers policies for home, auto, fire, workers' compensation, and liability coverage ...
In recent years, California has seen a rapid increase in wildfires and associated insurance claims. Insurance premiums and non-renewals have also increased, especially if your HOA is in a brush fire zone. Prendiville Insurance Agency can help you navigate these difficult renewals with the following...