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All posts in Homeowners Insurance

How Long Does a Roof Last? (The Age of Your Roof and Insurance)

How Long Does a Roof Last?: Age of Roof and Insurance

Your home does a lot for you: it keeps you warm and dry, it keeps you safe, and it keeps all your things in one place. Aside from the odd repair or two, it’s holding up and doing its job well.

That’s why it comes as such as shock when your insurance company informs you that your roof age is too old and they are going to drop your homeowners insurance coverage if you don’t get a new one.

Huh?
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actual cash value vs. replacement value

Actual Cash Value vs. Replacement Cost

If you’re like most people, you don’t examine your insurance documents until you need to make a claim.

And that’s when you’ll notice it.

Your insurance company isn’t paying you enough to replace your totaled car, stating that your policy only reimburses you for “actual cash value.”

It’s a confusing distinction, understanding actual cash value vs. replacement cost is an important part of creating the coverage level you need.
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Does Homeowners Insurance Cover Theft Outside the Home?

Just like a Business Owner’s Policy (BOP) combines multiple categories of protection into a single policy, typical homeowners insurance covers three major categories:

  • Structure – Protects your home’s roof, walls, foundation, etc.;
  • Liability – Protects you from lawsuits in the event a third party experiences injury, damage, or loss (i.e. your dog bites someone or your neighbor slips and falls on your stairs);
  • Personal property – Protects your belongings (i.e. anything you would take with you when you move) against damage and/or theft.

It is this last category—theft—that often raises questions, even among veteran homeowners.

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What is Pet Insurance? (A Comprehensive Guide to Protecting Your Pet)

What is Pet Insurance? (A Comprehensive Guide to Protecting Your Pet)

May is National Pet Month and, to celebrate our fur-babies, we thought it was important to talk to you about the many types of pet insurance available to you as an animal lover.

So if you’ve ever found yourself wondering if you can insure your pet or asking yourself “what is pet insurance exactly?”, you’ve come to the right place.
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Do you need insurance for a vacant home?

Do You Need Insurance For a Vacant Home?

Insurance companies really (really really) hate unpredictable risk.

After all, “unpredictable risk” means “claims.” And “claims” involve giving you money.

(No one likes to give away money. Not you. Not your insurance company.)

Predictability means the insurance company can charge you reasonable prices and pay their claims. But getting insurance for a vacant home often means more unpredictable risk.
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