Aug 17, 2022
How Does Flood Insurance Differ from Water Backup Coverage?As you all know that a standard homeowners' insurance policy won't cover flood damage and for that, you need to buy a flood insurance endorsement. However, it can cover water damage caused by a failed washing machine or burst pipe. Most homeowners ignore buying water backup coverage, considering this...
Aug 10, 2022
How Can a Motorcycle Insurance Claim Be Filed Correctly?You were riding your motorcycle when the accident occurred. It makes sense that you might be wary of making an insurance claim after a motorcycle accident. After all, the majority of people do not frequently file claims. You should study the policy and speak with your insurance agent for the specifics...
Aug 03, 2022
Are Sinkholes Covered by My Homeowners Insurance?Standard homeowners policies cover three primary things. They include structures on the property, your personal possession, and various types of liability. Basic policies do not cover various natural disasters, such as hurricanes, floods, and earthquakes. Other natural occurrences that are not covered...
Jul 27, 2022
Is Eviction a Possible Consequence of Not Carrying Renters Insurance?Most U.S. landlords require tenants to have renters insurance. This brings up the question of whether or not your landlord can evict you if you can't afford this coverage. There's no straight answer to this question, mainly because eviction largely depends on the tenancy agreement terms. For instance,...
Jul 20, 2022
How Should You Choose a Life Insurance BeneficiaryChoosing the beneficiary for your life insurance might not be as simple as you think. It's is not easy to transfer bank accounts to change or update your beneficiary. As a result, you must learn how your life insurance provider handles beneficiaries. Here are a few tips to help you choose the best beneficiary...
Jul 13, 2022
How To Proceed If Someone Is Driving Your Car and Causes An AccidentOccasionally, you may be tempted to let a loved one drive your car. Perhaps you have purchased a new car and would like your friend to celebrate the experience with you. Unfortunately, disaster strikes. Your loved one is involved in an accident while driving your car. Perhaps you are unaware of how this...
Jul 06, 2022
Negotiating a Change in Your Home Insurance ValueThe money you paid for your home is an investment. The homeowners insurance coverage you purchase is the protection for that investment. The amount of protection you purchase will be different than what you may have paid for your home when you bought. The value of your home will change throughout the...
Jun 29, 2022
Comparing Comprehensive vs. Collision Auto InsuranceFinding the right car insurance policy can be a complicated process. There are multiple types of coverages that you can add to your policy. Your insurer will also assess multiple variables to help determine your rate. One of the most important decisions you'll have to make when finalizing your policy...
Jun 22, 2022
Costs and Coverage Requirements for California Flood InsuranceCalifornia does not require a homeowner to carry insurance on their house or personal property. Lenders who offer mortgages, however, do require it. In most cases, homeowners in California will do whatever they can to protect their homes and belongings. This includes purchasing flood insurance in addition...
Jun 22, 2022
What Happens to Your Mortgage If You Lose Your Homeowners InsuranceA mortgage is a legal and binding contract that is full of stipulations. One of which is to make sure all of your payments are made on time. Another stipulation is that you carry a homeowners insurance policy that will cover the cost of your mortgage if your home is ever damaged or destroyed. If you...
