Friday, June 22, 2018
People who go for homeowner’ insurance, often mistakenly think that they are covered from all natural perils. A homeowner’s insurance policy does offer coverage for damage caused by fires, lightning, windstorms and hail; but not all natural disasters are covered. For instance, damage caused by acts of God such as...
You can get Home Insurance only if you own a property. This is because home Insurance covers the building insurance for which one need to own the property. However, if you stay in any home that you have rented, you can go in for renters’ Insurance which will cover...
There are two aspects of homeowners insurance when it comes to an apartment. The first one concerns you in case you are the owner of an apartment.Often the owners’ association takes up group housing insurance which is shared by the apartment owners. One may however go in for an...
In case of any damage to the insured property, the first step is to contact the Insurance Company for filing the Home Insurance Claim. You have to produce your Homeowners Insurance Policy, which has the below information: The first page of the policy called the declarations page, and it contains...
As the name implies, anyone who owns a home can take homeowner’s insurance. Even if the house is on mortgage, you can take home insurance. In fact the mortgagor will insist that you take hoe insurance so that in case of calamities his financial interests in the mortgage of...
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