Knowing the common causes of loss in your location can help determine what kind of coverage you need. Here are some things to consider: Crime rates: If you live in an area with a high rate of home break-ins, theft or vandalism, it’s possible that your home insurance premium could be...
It may surprise you to learn that your credit score can have a substantial impact on your home insurance premium. In most states, companies can use a credit-based insurance score to determine your rates. If your insurer thinks your credit score is too low — such as a FICO score under 63...
Understanding how to determine the value can help you maximize the value of your own home. You'll also want to know what buyers are looking for so you can make your home stand out. How is the value of your home determined? There are many factors that go into determining the value of ...
Here are common mistakes to avoid when buying homeowners insurance: Not getting enough coverage for your home, belongings, and liability Low-balling the actual costs it would take to rebuild your home Assuming all perils are covered; you should clearly understand what is and isn't protected under...
We explain the process of getting the coverage you need in eight steps. You’ll know what to expect when applying for life insurance and learn how to determine what’s right for you. Key takeaways Working with an independent broker can help you compare quotes to find the most affordable li...
How does where you live affect your home insurance premium? Your address can make a big difference when it comes to your home insurance premium. Using your postal code, insurance companies can track claims made in your area and use that information to determine the likelihood of future claims....
HOW TO determine insurance needs for buildings, equipment.Presents techniques in insuring business buildings and equipments. Steps on the valuation process; Caution in the selection of a commercial insurance policy; Evaluation of the broker's experience and knowledge....
There should also be room for more specific inspections if the initial inspection points to some unique repair requirements. For example, a termite or wood-boring insect issue might necessitate a termite inspection to determine the extent of the problem. Similarly, the possibility of hazardous contam...
Differenttypes of home insurancepolicies cover perils in different ways, depending on how coverage is applied. Your home insurance policy type will determine whether or not yourdwellingand personal property are covered on a named or open peril basis. ...
but the type of coverage will often determine how often you need to pay your insurance premiums. For example, if you have ahome mortgage, your lender will likely require you to pay your premium for the entire year. If you purchased home insurance independently, you can sometimes pay monthly,...