Homeowner’s Insurance

Understanding Homeowners Insurance: What all new and prospective homeowners need to know

If you arrange a mortgage, your lender will want you to have homeowners insurance. This coverage is critical for protecting your home and personal property against various potential liabilities. A homeowners insurance policy is actually a package of coverages. These policies commonly offer the following forms of protection: *Dwelling coverage insures your house and any …

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The dirty “D” word of insurance – Deductible

In the business of insurance, customers and clients have identified two dirty words, premium, and deductible, because they imply a cost the customer will have to pay. Premium refers to the monthly, semi-annual, or annual bill a customer pays for insurance protection. A deductible is the financial portion of a claim an insured (aka homeowner) …

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