Vehicles covered:Your vehicles are your insured property, so your declarations page will have descriptions of the cars that the policy covers, including their VIN, year, make, and model. Learn how toadd vehicles to your policy. Every type of insurance, from homeowners insurance to car insurance...
One disadvantage of an HOA is the high cost of the association fees. This can act as a deterrent for some prospective buyers. The HOA rules and regulations can also seem unreasonable, arbitrary, or too restrictive for some homeowners who may want the freedom to customize their properties. HOA...
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.
A homeowners' association (HOA) is usually a not-for-profit organization established by a community that governs rules regarding what can and cannot occur in homes, and also determines the rules and money spent on shared property. Many condominium andtownhousesavailable for purchase are part of ...
What Is a Homestead Exemption? A homestead exemption is a legal provision that shields a home from some creditors following the death of a homeowner's spouse or the declaration ofbankruptcyand minimizesproperty taxesfor homeowners. Key Takeaways ...
Since the binder is temporary, you may need to provide a copy of the policy declarations page or other finalized documents once the policy is issued. You can download the policy documents online or request them the same way you requested the homeowners insurance binder. Frequently asked questions...
For example, you may add an insurance endorsement to cover expensive jewelry or art that would not be covered by your regular homeowners' insurance policy. Alternate name: Rider How an Insurance Endorsement Works The Balance An endorsement is a policy change that can be added during the ...
A homeowners insurance policy assigns coverages to your home, property, garage, and other structures for different perilous events. If your home is damaged by a peril covered in your policy, you cansubmit a claimto your insurance company. Then, it pays for the damage or reimburses you for ...
Structures separate from the home itself, like a detached garage or swimming pool, are covered under different parts of your home insurance policy. What is dwelling coverage vs. homeowners insurance? Dwelling coverage is a portion of your home insurance policy. When you buy homeowners insurance, ...
Some homeowners are more willing to sell than others. Everyone has their own reasons for selling their house, ranging from a work-related move to downsizing to a growing family or kids moving out. Sellers who are being forced to move are more likely to accept lower offers than people who ...