Homeowners insurance does not always pay the full value for personal belongings. If you have a cash-value policy, the insurance company will usually pay around 20% for the depreciated value. If you have replacement insurance, however, you get the current market price. Liability protection You do...
One of the best ways to save money on your homeowners insurance policy is to apply for discounts. Erie home insurance offers a multipolicy discount, a safety systems discount, and an advanced quote discount to its policyholders. If you are curious whether you would be eligible for these or ...
Homeowner’s insurance covers a wide variety of specified perils and comes in multiple different types. Some of the things that can be covered by homeowner’s insurance include fire, hail, snow damage, theft, wind, damage from electricity, and other perils as well. If you purchase a standard...
Renters insurance protects your possessions. Just as disaster can strike one’s house, those same disasters can cost you all of the things you worked so hard to acquire. Walk around your apartment with a calculator, and see just how quick the cost of replacing the contents will add-up. Jus...
As a quick recap, here are the steps you might expect with RCV coverage: The covered loss occurs:Following a covered peril that causes damage, the first step (typically after emergency services have become involved) is to call your insurance agent and start your claim process. ...
If you take the deduction based on your actual expenses, you can deduct a portion of your rent or mortgage interest, homeowners or renters' insurance, and utilities (such as electricity, gas and water) based on the percentage of your home's total area that is used for your home office. ...
Changing Times
work through referrals or advertising, and they do not just randomly show up after storms. If you get a call from someone claiming to have seen your damage and wants to do an assessment, tell them you will reach out to your insurance company and preferred local roofer for a quote. ...
According to the III, you should ask to see a copy of your contractor's insurance policies, including a commercial business/general liability policy and workers' compensation coverage.1(Don't be afraid to snap a quick photo of these docs for your records.) ...
Taking a Risk in Making a Claim; Insurance Firms Often Quick to Cancel HomeownersJackie SpinnerSandra Fleishman