Insurance companies aren't in business to bail out customers who are in a tight financial space. They are in business to make money. For this reason, all homeowners' insurance policies include a list of exceptions; circumstances under which they will not pay out a benefit even when the homeo...
Homeowners insurance isn’t mandated by law, but yourmortgage lenderwill most likely require you to purchase it. Lenders often require homeowners insurance to protect its investment if your home is damaged or destroyed. While it may not be legally required, homeowners insurance is important for all...
to help.Loss of use coverageis part of a standard homeowners policy and will pay for things like hotel stays and restaurant meals if you can’t live at home. Again, you’ll want to keep all receipts to make sure you’re fully reimbursed for this part of your homeowners insurance claim....
Additional living expensesin the event you have to stay somewhere else if your home is uninhabitable due to a covered claim Liability coverageand medical payments in case someone is injured on your property Most insurance professionals would say that going without homeowners insurance is not worth th...
If you haven't filed a home insurance claim in a set number of years, you might be eligible for a discount. Usually, you have to be claims-free for at least three to five years. Loyalty discount. Some insurers provide policyholders with loyalty discounts if they’ve been with them ...
Many times, homeowners forget to let their insurance agents know about renovations done on the property, which leads them to be underinsured. Some updates could even lead to better premiums — such as newer roofs. Another policy detail you want to keep an eye on is the “loss of use” ...
Homeowners may get discounts for going claim-free for a certain period of time, or installing features thatbetter protect their homefrom hazards. Car insurance discounts range from safe driver and good student discounts to taking a defensive driving course. There are also discounts for older drivers...
Many consumers receive significant value from their home warranties, says Annie Hanna Engel, president and chief operating officer of Howard Hanna Insurance Services.“We often talk about the claim dollars paid out to our consumers in different states to show the value of home warranties overall,”...
It has the added benefit of extending liability coverage to a vehicle you may rent or borrow. Some auto and homeowners insurance companies may enable you to increase your liability limits to $1 million, which may eliminate the need for an umbrella insurance policy. However, keep in mind that...
根据The first thing you should do和file a claim定位到第2段第1句。第1段指出,要知道如何根据房屋保险(homeowners insurance)提出索赔;第2段第1句提到了进行索赔的各个步骤,第一步就是联系向你销售房屋保险的代理人(get in touch with your agent)。由此可见,根据房屋保险提出索赔申请时,首先应该做的事是联系...