Homeowners insurancecovers many situations,from fires to fallen trees, but itdoesn't cover everythingyou could face. Flooding is seldom included in standard policies, for example, and requires a separateflood insurance policy. Neptune Flood Insuranceis one of ourtop picks for flood insurance. Backed...
Your insurance score is similar but not identical to your traditional credit score. In Louisiana, those with poor credit pay an average of $4,010 per year for homeowners insurance, according to NerdWallet’s rate analysis. That’s 79% more than those with good credit. » MORE: How your...
Homeowners insurance protects the money you have invested in your home. Your policy will not keep bad things from happening to your home. It will not pay to maintain your home, and it won’t and shouldn’t pay for every home repair you need. If you want protection against large repair b...
Homeowners insurancetypically covers a broad range of possible damages. Your actual physical dwelling and other structures on the property should be covered, like a garage, fence, driveway, or shed. However, if you run a business on your property in a separate structure, homeowners insurance gene...
Homeowners insurance (also known ashome insurance) isn't a luxury; it's a necessity. That's not just because it protects your home and possessions against damage or theft. In this article, we'll walk you through the basics of homeowners insurance policies. ...
Homeowners insurance rates are going up everywhere due to higher rebuild costs, more severe natural disasters, and other things beyond our control. But there are several actions you can take to reduce your rates and ensure you're not paying more than you should be for homeowners insurance. ...
Two things that homeowners insurance often does not cover are earthquakes and flood-related damage, but there are several other instances of damage that your home insurance will likely exclude. Here are a few examples: Failure to Perform Maintenance ...
While homeowners insurance coverage is not a legal necessity, it is mandatory when it comes to obtaining and keeping a mortgage. Lenders need to know that their investment is covered so that they don’t lose money in the event of a loss of the property. ...
Homeowners insurance is a must if you have a mortgage. Here’s a guide to why you need homeowners insurance, and how it differs from other types of insurance.
Homeowners insurance is not a single policy type; consumers have eight types of home insurance policies to choose from when purchasing coverage. While some policies are tailored to specific types of homeowners or renters, others allow the homeowner to personalize what coverage they want. Before you...