Archive for the 'Home Insurance' category

Insurance facts for condo owners

Jul 05 2018 Published by under Home Insurance

Insurance facts for condo owners

As a condominium owner you have special insurance needs.

Your condominium building structure and all common property are usually protected by a policy purchased through the condominium association, but what about your personal belongings, theft losses, and personal liability protection?

Check out the answers to these and other commonly-asked questions about condominium insurance.

Many condo owners don’t realize they have a lot to lose, whether it’s personal belongings or loss due to legal liability. If you don’t already have a condominium owners insurance policy, you may have questions about the importance of condominium insurance and the coverages provided. Checkout the answers. You’ll be surprised to learn just how much you risk losing without proper … Read More

Comments are off for this post

Condoowner Insurance Basic

Jul 04 2018 Published by under Home Insurance

What is Condoowner Insurance?

A condominium combines the convenience of apartment living with the investment advantage of ownership. This form of ownership may create some unique insurance challenges.

You insurance agent offer a policy specifically designed for individual condominium unit owners. Condo Unit Owner policy is for the customer who owns and occupies (at least part of the year) a dwelling unit in a structure owned and insured by a Condominium Association, a Townhome Association, a Cooperative, a Homeowner Association, a Planned Community or similar types of organizations.

In many instances, the condominium/association entity assumes responsibility for insuring certain types of damage to the dwelling structure. When the condominium/association insures the structure, a unit owner policy is normally written to … Read More

Comments are off for this post

What is Renters Insurance?

Jul 03 2018 Published by under Home Insurance

What is Renters Insurance?

Renters insurance is designed for anyone who rents a home, be it a house or an apartment. You may not own the place where you live, but you still need insurance protection.

Here are some specific reasons you should consider buying a renters insurance:

The policy can provide protection for your personal property
against such perils as fire, theft, and vandalism.

The renters policy is remarkably inexpensive
To see for yourself, get an online renters rate quote today.

You could be held responsible for injury to another person
or for damage to another person’s property if an incident occurred within your rented residence, or elsewhere. Renters insurance can help protect you in case of a liability … Read More

Comments are off for this post

What is Condoowner Insurance?

Jul 02 2018 Published by under Home Insurance

What is Condoowner Insurance?

A condominium combines the convenience of apartment living with the investment advantage of ownership. This form of ownership may create some unique insurance challenges.

You insurance agent offer a policy specifically designed for individual condominium unit owners. Condo Unit Owner policy is for the customer who owns and occupies (at least part of the year) a dwelling unit in a structure owned and insured by a Condominium Association, a Townhome Association, a Cooperative, a Homeowner Association, a Planned Community or similar types of organizations.

In many instances, the condominium/association entity assumes responsibility for insuring certain types of damage to the dwelling structure. When the condominium/association insures the structure, a unit owner policy is normally written to … Read More

No responses yet

The Value of Your Home

Jul 01 2018 Published by under Home Insurance

How to determine your homeowner’s coverage 

Your first step in determining the right homeowners coverage is estimating the replacement cost of your home. The second step is selecting the coverage amount that best fits your needs. We recommend that you purchase an amount of coverage equal to the estimated replacement cost. But the choice is yours. Determining your home’s estimated replacement cost is important because this will ultimately determine which policy options are available to you. Since it is impossible to predict today what the exact cost will be to replace your home in the future, it’s important to have enough coverage to account for unforeseen circumstances.

Understand the difference between market value and replacement cost

“Replacement cost” is the … Read More

No responses yet

Older posts »