Understanding Insurance Policies

Understanding Insurance Policies

  • Three Things You Should Know About ALE Coverage

    Most home insurance policies provide coverage for additional living expenses (ALE). ALE pays for additional costs you may incur when your house gets damaged, and you have to live elsewhere until it is repaired. However, this useful part of homeowners insurance isn't well understood. Here are three things you may not know about ALE: What the Coverage Pays for The first thing you should know is that ALE doesn't pay for all of your expenses while you are temporarily living outside your home.

  • 4 Tips For Properly Insuring Your Home

    If you own a home, buying insurance coverage is a huge priority. You always want to be sure that your home is properly covered so that you don't have to worry about financial problems if your home ever has damage done to it. Here are four tips to help guarantee that you are properly covering your home: Know the Replacement Value: Every year, you should have a home inspection done. This will determine the replacement value of your home, which is what you want to have covered.

  • Opportunities To Save On Your Car Insurance

    Want to be sure that you are reducing the cost of your car insurance now and in the future? If so, there are many great tips that you can implement into your policy that can help you start saving now and long term. So, before you rush to cut coverage in attempts to save money, be sure that you take a safer approach like doing the following: Avoid Filing Claims

  • Thanksgiving Day Grease Fires: A Common Reason For Home Insurance Claims

    Thanksgiving day is a busy day for insurance companies due to the increase in the number of home insurance claims homeowners file for cooking-related fires. It's a day to count your blessings, but if you aren't careful when cooking the bird for dinner, a day of family togetherness can turn into a day of loss, particularly if you're deep-frying your turkey. The Consumer Product Safety Commission (CPSC) stresses the word "

  • Long-Term Strategies For Low Insurance Rates

    There are many strategies you can employ to lower your car insurance rates; some work best in the short-term while others are suitable for long-term success. For example, reducing your coverage may work in the short-term, but this isn't good as a long-term strategy since you may not be adequately covered, especially if your circumstances change. Here are some of the strategies to adopt if you want to enjoy low insurance rates for a long time:

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    About Me
    Understanding Insurance Policies

    After I moved out of my parent's home, I started learning more and more about insurance policies. I was involved in a bad car accident, and I ended up working with my car insurance company as well as my medical and dental insurance companies. I paid my premiums and enjoyed coverage, but I didn't really understand how the entire insurance claim process worked. I wanted to make this blog to help other people like me to learn more about insurance coverage. Check out this blog for more details on insurance coverage, how to file a claim, and what you should expect throughout the shopping process.