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Posts Tagged ‘homeowners policy’

Different types of insurance and their purposes

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Since the future cannot be predicted, it’s better to get it insured. There are different insurance policies, which you can choose according to your needs and urgency. Types of insurance policies All insurance policies are important since they are for the things you possess and don’t want

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How often should I review my policy?

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There are four events that should trigger a review of your policy: 1. When your policy comes up for renewal Don’t just automatically send a check to your insurance company. Take the time to review your coverage and call your agent with any questions or concerns that

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Should I purchase an umbrella liability policy?

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f you are ever sued, your standard homeowners or auto policy will provide you with some liability coverage, paying for judgements against you and your attorney’s fees, up to a limit set in the policy. However, in our litigious society, you may want to have an extra

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Do I need special coverage for jewelry and other valuables?

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A standard homeowners policy includes coverage for jewelry and other precious items such as watches and furs. These items are covered for losses caused by all the perils included in your policy such as fire, windstorm, theft and vandalism. However, there are special limits of liability for

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How much homeowners insurance do I need?

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You need enough insurance to cover the following: The structure of your home. Your personal possessions. The cost of additional living expenses if your home is damaged and you have to live elsewhere during repairs. Your liability to others. The structure You need enough insurance to cover

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Should I purchase an umbrella liability policy?

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If you are ever sued, your standard homeowners or auto policy will provide you with some liability coverage, paying for judgements against you and your attorney’s fees, up to a limit set in the policy. However, in our litigious society, you may want to have an extra

Read more