An insurance quote is an estimate of what your policy will cost. Before you can get an insurance policy, you first have to complete an application with an insurance company. The insurance company takes the information on your application and runs it through an algorithm that calculates what it costs to insure you. From this, […]

A standard homeowners insurance policy might help you repair sewer lines when they’re on your property and they’ve been damaged by a covered peril. And if those same conditions are met, then your policy may also cover the cost of repairing the damage a broken sewer line causes in your home. Read on to learn

Owning a vacation residence makes it easy to recharge away from home. Even better? You could earn additional income if you rent it out long- or short-term. Either way, purchasing home insurance for your second property protects your investment by making sure it’s covered against damage. However, the home insurance you have on your primary residence usually

A home insurance inspection is an inspection of your primary residence and any additional structures on your property that helps your insurance company identify your home’s replacement cost and risk exposure. Your insurer uses this information to verify your home’s condition and features to ensure your premium calculation is accurate when you either apply for

Whether you’re using a professional builder or serving as your own general contractor, having a new home built is an exciting time, but it can also have its challenges. Unfortunately, some of the challenges you face can result in financial losses. New construction insurance, more often referred to as builders risk insurance, can help minimize

Water damage is the second most common type of claim filed by homeowners insurance policyholders. Luckily, water damage that originates inside your home and is the result of a sudden, accidental covered event such as a burst pipe, a malfunctioning appliance, or a leaking roof affected by a storm is often covered. If you have to file

Home insurance covers roof damage caused by a covered incident, such as a storm or a fallen tree branch. If your roof is damaged by something not covered in your policy, you will have to pay for the repairs out of pocket. Bottom line: Whether or not your home insurance policy covers roof damage depends on what

Standard home insurance policies may cover basement flooding, but it all depends on what caused the water to get in. For example, if your area is hit by a flash flood, then your homeowners insurance probably doesn’t cover your damage. But if your policy already protects against the event that created the problem, then there’s

You might not spend a ton of time thinking about your roof, but perhaps you should. Not only does your roof protect you against the elements, it also provides structural support and insulation.It can even increase the value of your home. That’s why it’s so important to take good care of your roof – and

When do you need to get homeowners insurance? In truth, owning a home means you almost assuredly want to get coverage – and if you’re buying a house, then you likely need it before you close. Home insurance is a critical tool that protects your investment by helping you cover costs when your home is damaged