Understanding how the 80% rule works can make sure your home isn't underinsured if there's a loss and can help you avoid penalties. When it comes to insuring your home, the 80% rule is an important guideline to keep in mind. This rule suggests you should insure your...
The tips below will help to make it easier if you need to file a claim and prove a loss: Plan ahead List and videotape or photograph the contents of your home. Engrave your larger possessions, such as your TV, stereo, etc., with identifying marks. Photograph or...
Shop Around One of the best ways to lower homeowners insurance costs is to do your homework before buying a policy. As you explore homeowners insurance providers, be sure to take these steps: Compare coverage: Don’t just focus on cost when you compare companies....
A surge in home construction prices has been an ongoing story in 2021. A pandemic-induced supply chain disruption, inflation and labor shortages have contributed to a 15-year high for home construction backlog. While housing construction activity is expected to be...
What Is Homeowners Insurance? Homeowners insurance is a contract between you and an insurance company that outlines the situations in which the insurance company will reimburse you for costs related to damage and theft. What Does Homeowners Insurance Cover? The most...
Top 5 home insurance tips Get enough home insurance coverage. While it sounds simple, make sure you have enough coverage to completely rebuild your home (or ensure you have the deposit for a new rental), replace your personal belongings and protect yourself in case...
Tip 1. Always Use an “Independent” Life Insurance Agent This is our most invaluable tip that can save you hundreds if not thousands of dollars when buying life insurance. There are 3 types of life insurance agents that you can use to buy life insurance...
Driving Less? Look Into Pay-Per-Mile Insurance Perhaps you’re not driving as much because you work from home some days. Or you’re Ubering more. Either way, you might want to try out an alternative car insurance pricing model like pay-per-mile insurance. In general,...
When it comes to lowering your auto premiums, you’re in the driver’s seat Having adequate car insurance is both smart and prudent, but there's no question that it adds to the expense of driving. The good news is that premiums can vary by hundreds of dollars depending...
What’s the difference between condo and homeowners insurance? The main difference between homeowners insurance and condo or co-op insurance is how much property you’re responsible for covering. When you own a house, you’re responsible for everything on your...
