The Insurance Information Institute cites hail damage as the most frequent claim in the United States with 2.1 percent of insured homes filing a hail damage claim. In fact, from 2013-2017, the average claim severity for hail damage was $ 10,182. To ensure you don’t have to pay over $ …
Read More »Does Homeowners Insurance Cover Roof Damage?
Roof damage is whenever the inside of your home is not protected because vulnerabilities have occurred in the roof structure. It can happen a variety of ways. These include: Age Rodent damage Weather damage When roof damage occurs, take the appropriate steps to fix it as soon as possible so …
Read More »What is a homeowners insurance deductible
When disaster strikes, the cost of your damages and losses can be exorbitant. This is why it is so important for homeowners to protect themselves and their belongings with homeowners insurance. The amount of money you have to pay to cover repairing and replacing your items when you file a …
Read More »Homeowners insurance and water damage
We tend to think of sweeping hurricanes and thunderous tornadoes when we purchase homeowners insurance coverage, but a burst pipe is no less formidable. A burst pipe can cost you $ 10,000 in damages, no small sum by any means. Water damage is one of the leading causes of insurance …
Read More »Does Homeowners Insurance Cover Hurricane Damage?
When Hurricane Irma came whipping into town in September 2017, areas throughout the Atlantic basin suffered from severe winds gusting upwards of 185 miles per hour and storm surges that soared as high as 39 feet before crashing down and taking everything with it. Find the Best Home Insurance Enter …
Read More »1 in 4 Homeowners Don’t Know This Basic Fact About Their Mortgage
Photo by Antonio Guillem / Shutterstock.com If you own a home, there’s a good chance that the associated loan payment is your largest monthly expense. So, it might surprise you to learn that 27% of homeowners don’t know their current mortgage interest rate. That finding from a recent Bankrate survey …
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