Renters insurance is designed to protect tenants or renters. It covers the personal belongings and liability of the tenant. If a covered event such as theft, fire, or water damage damages or destroys the tenant's personal property, renters insurance can provide compensation for the loss. Landlord...
How Do I Lower My Homeowners Insurance Premium? Once you’ve decided on an insurer and determined appropriate levels of coverage, you may be surprised at how much your premium is. There are ways to pay less for your homeowners policy, however. The Insurance Information Institute (III) recommen...
Homeowners insurance covers the cost of property damage or loss caused by accidents, some disasters, or theft — all of which can be expensive to recover from. Homeowners insurance policies also typically offer liability protection, which covers you against lawsuits for any injuries or damage to so...
Homeowners insurance costs are on the rise across the country. But there are still things you can do to reduce your monthly bill. Here are some tips to consider.
You can typically lower your home insurance rate by increasingyour deductible. But be aware that if a disaster strikes, you will have to pay more using your own funds. How much you should insure your home for comes down to risk. If you do not carry enough homeowners coverage, a major lo...
To be clear, I'm not saying that you should necessarily shop around for homeowners insurance every year when your policy is getting set to renew. But every so often, it can be worth the time it takes to get a couple of quotes to make sure the rate you'...
How Insurance Works Many insurance policy types are available, and virtually any individual or business can find an insurance company willing to insure them—for a price. Commonpersonal insurance policy typesare auto, health, homeowners, and life insurance. Most individuals in the United States have...
The closer you are, the more you can save on your homeowners insurance premium. Generally, the lower your protection class, the more favorable your premium and the more property insurers are willing to offer coverage in the area. Being closer to coastal waters can increase your home insurance...
Certain renovations — such as updating an electrical or plumbing system — could lower homeowners insurance costs. Getting a new roof could also net you a discount, especially if it’s resistant to wind and/or hail. Build your credit In most states, insurers can use your credit-based insuran...
Learn tenant and landlord responsibilities after a catastrophe and the legal steps you need to follow to protect your deposit. Liz Brumer-SmithDec. 11, 2024 How to Break Up With Your Agent Breaking up is hard to do, but when it comes to real estate, it's an important step if ...