Understanding Insurance Policies

Understanding Insurance Policies

  • 2 Questions About Your Homeowner's Insurance

    With a home being such a big investment, it is important to have insurance that covers anything that goes wrong with the structure. In fact, insurance is required if you get a mortgage, since the home technically belongs to your mortgage lender until your home is paid off in full. When it comes to insurance, you may have a couple questions about what kind of coverage you have. This includes questions about what type of damage is covered, as well as your annual premiums.

  • 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 "

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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.